The revenue of Indian software market was at USD 4 billion in 2014 against that of USD 3.7 billion in 2013. The software market in Brazil grew by 5.4 percent, in South Africa by 4.8 percent and in China by 3.8 percent.

In Russia, the market, however, shrunk by 6.4 percent. The growth in Indian market was led by Microsoft with 25 percent market share and revenue of USD 1,017.9 million. Oracle and IBM followed Microsoft with 13 percent and 12 percent market share.
Oracle's revenue was at USD 516.7 million, while IBM's at USD 475.3 million in 2014. SAP's market share stood at 8 percent with revenue of USD 317.4 million and VMware at 3 percent at USD 105.3 million.
CA Technologies, Adobe, SAS, HP accounted for 1 percent market share each, Gartner said. While the top five vendors registered increase in their revenue, CA Technology's business declined by 7 percent at revenue of USD 50.9 million in 2014 compared to USD 54.7 million in 2013.

Adobe's revenue in India dipped by 35 percent to USD 27.5 million from USD 38.4 million during period under revenue. Revenue of HP also declined by 14 percent to USD 33 million in 2014 from USD 38.4 million in 2013.

"Improvement in global economic conditions has somewhat relaxed the strain on the Indian economy, thereby boosting corporate sentiments. Along with a new stable government at the centre, this has helped in alleviating concerns about economic growth," Gartner Research Director Bhavish Sood said in a statement.
Gartner observed adoption and development of Software as a service, open-source software adoption and Changing buying behaviours and purchasing styles associated with the digital business as common trend between India and global market.

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