The most exciting when it comes to Software Markets Related to Digital Transformation momentum in Western Europe

the momentum is interesting while overall, the software market is highly fragmented and the top 10 vendors control less than half of the total market.

New findings from IDC reveal that, total software revenues in Western Europe reached $48 billion during the first six months of 2016. 

 

Many analysts table on the predictions that, full-year revenues for the Western European software market will exceed $100 billion in 2016 for the first time.

According to IDC, on-premise software sales grew 0.9% year over year, while software revenue from public cloud services grew 33.2%. As a share of total software, public cloud services went from 11.6% of software in 1H15 to 14.7% in 1H16. 

Eight of the ten largest software vendors in Europe are U.S.-based, while fourth place is held by Germany-based SAP and seventh place by France-based Dassault Systemes.