target audience: TECH SUPPLIER Publication date: Aug 2023 - Document type: Market Forecast - Doc Document number: # US50123823
Worldwide Software Business Model (Subscription and License) Forecast, 2023–2027
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Abstract
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.