Forecast on enterprise software market: Forrester

The latest Forrester report said enterprise software is on track to grow at a CAGR of 12 percent, with specific demand for critical security, database, operations, and cloud-based software.
Inflationary pressures, higher interest rates, and general slowdown due to geopolitical turmoil are likely to have little impact on software growth. Both infrastructure and application software markets will exceed $400 billion by 2023.