Worldwide Software Business Model (Subscription and License) Forecast, 2023–2027
This IDC study provides IDC's forecast for worldwide software business model revenue through 2027."The trend for software companies to adopt the subscription business model continues to grow quickly at an 18.2% 2022-2027 CAGR and is forecast to represent 92.2% of total software revenue by 2027," said Mark Thomason, research director for Digital Business Models and Monetization with IDC.
Please Note: Extended description available upon request.
- IDC Market Forecast Figure
- Executive Summary
- Advice for Technology Suppliers
- Market Forecast
- Market Context
- Drivers and Inhibitors
- Drivers
- Aggressive Adoption of the Cloud Service Model
- Digital Transformation Continues to Be a Strong Business Driver for Cloud Adoption
- The Quest for Predictable Recurring Revenue by Technology Vendors and Their Investors
- Inhibitors
- Changing Business Models Is Challenging for Existing Software Companies
- Buyer Behavior
- Significant Market Developments
- Changes from Prior Forecast
- Market Definition
- Methodology
- Related Research
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