The local software market will reach 87 millions euros in 2004 | SIVECO Romania

The local software market will reach 87 millions euros in 2004

Monday, July 5, 2004

According to EIO studies, the local software market reached 79 mil Euro in 2003 and it is estimated to reach 87 mil Euro in 2004, which demonstrate a significant potential to grow the application software acquisitions. The software represents 11% of the IT market in Romania and the annual growth is estimated by IDC at 6-7%.

SIVECO Romania considers that the law of software leasing and the way it is applied will have a major impact on the local software market.