Summary
Business spending on software has soared from $172 billion to $920 billion over the past 25 years, a healthy 7% annual growth rate. Software has become the dominant medium for engaging with customers, documenting transactions, and managing employees and assets. What's next? Software will spread to every corner of enterprise operations, but the growth of software spending will slow to 4% from 2020 to 2030. Application development and delivery (AD&D) pros, read this report to learn why software's continuing spread will paradoxically lead to slower growth.
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