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Follow on Google News | Global Software Demand: The Empire Strikes BackDemand for software in North America is now larger than the previous peak in 2010.
By: TBK Consult North America now represents an impressing 40% of the global demand for software related products and services. Japan keeps its position as the second largest market with 7,41% while China with 5,53% has replaced Germany as the third largest market. Germany is now number 4 with 5,38% of global demand while the UK is number 5 with 3,75% and France number 6 with 3,43%. “In the last few years, there has been much hype urging companies to invest in the developing BRIC[1] (http://#_ftn1) The highest 2013 growth rates were found in Iraq, Saudi Arabia, Vietnam and Sri Lanka. However, these are still very small markets and the growth rates are mainly associated with software related services and less with software products. The BECH index is calculated and published annually based on the GDP and GDP per capita figures provided by the CIA World Factbook (https://www.cia.gov/ [1] (http://#_ftnref1)Brazil, Russia, India and China End
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