This IDC study presents a five-year forecast for the worldwide software distribution market as defined in IDC's software taxonomy. This study updates the previous forecast for this market published in Worldwide Software Distribution Forecast, 2015–2019: Virtual and Mobile Endpoint Management Fueling Growth (IDC #257835, July 2015).
"The software distribution market is currently forecast to reach $2.46 billion in 2020. This represents a compound annual growth rate of 8.5% for the 2015–2020 period," says Robert Young, research director, IT Service Management and Client Virtualization Software. "IT organizations will increasingly be required to drive global and mobile workforce initiatives in order to meet the growing demand of business users seeking to work anywhere, anytime, and on multiple devices. With this shift in how business users expect to consume technology, coupled with IT service delivery expectations closer to a near-real-time response, IT staff must be able to leverage more centralized and automated software distribution solutions in order to meet business demand."