Abstract
The Norwegian software market picked up further growth in 2007 compared to 2006
and recorded a healthy growth rate of 10.1% and IDC expects it to grow by a
CAGR of 7.3% for 2008-2012. "While many companies started to worry about the
economy slowing down, the software growth in 2007 was above expectations and
quite healthy. We expect the software market to be fairly resilient to the
dampened financial outlook but nevertheless expect it to slow down over the
next 2-3 years," said Per Andersen, managing director at IDC Nordic.
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