Industry Analysis & Industry Trends
Regardless of some strong growth potential, the Software Publishing industry has laboured through difficult times over the past five years, with revenue expected to fall by 4.4% per annum. With many businesses in the United Kingdom facing reduced demand for their own products and services, managers have deferred new projects and software upgrades where possible in an effort to control costs and remain profitable. This has flowed on to softer demand for business software, particularly high-margin specialised applications. The industry is expected to return to growth in 2011-12, with revenue increasing by 0.9% to £862.5 million... purchase to read more
Industry Report - Industry Products Chapter
Recessionary economic conditions have hit a number of the industry's segments. Corporate IT spending has fallen as managers defer software upgrades and new IT projects. Small and medium-sized businesses have faced similar decisions. Enterprise and mainframe software, particularly specialised applications tailored for companies in the finance industries, has been affected by the failure of some large companies. This high value-added product segment is often the specialty of smaller operators that serve only a small number of customers. Firms of this type have been especially at risk since the financial crisis, falling to a 5.0% share of revenue from about 9.0% in 2007.
Application software publishing is the largest product segment, earning 30% of industry revenue... purchase to read more