The software market to be the leading growth segment this year.
The market will experience consistent growth with worldwide PaaS revenue totaling 1.5 billion in 2013, and growing to $2.9 billion in 2016.
The major driver behind the decelerating growth is the forecast for close to flat performance in EMEA, due to the economic difficulties in that region.
The Indian enterprise software market showed broad growth and recovery in 2010, with total software revenue increasing 16.3% to total USD 2.5 billion, according to research firm Gartner.