TechNavio’s analysts forecast the Global Packaged Software market to grow at a CAGR of 6.93 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increase in IT spending by BRIC nations. The Global Packaged Software market has also been witnessing the increasing demand for tablets and smartphones. However, the increasing demand for open-source, third-party software could pose a challenge to the growth of this market. TechNavio’s report, the Global Packaged Software Market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, …
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