Software sales are a booming industry. And with the rise of more sophisticated,
interactive software like video games and social media apps, it’s not hard to see why. But how much do you know about this niche?
In this post we’ll explore 13 amazing facts about the software sales industry that will make your head spin! – The software industry is one of the fastest growing sectors in the US economy, with growth rates averaging at around 12% annually.
Globally, it’s expected to be a $370 billion dollar market by 2020! – Software sales are big business for many companies like Google and Microsoft which rely on them as an integral part of their revenue streams.
For instance, Microsoft made over $87 Billion dollars just from selling Windows licenses alone last year. This makes up more than 80 percent of its total annual revenues!
Even though gaming accounts for less than half this number (or about 25%), it has grown much faster and will soon catch up to other markets such as financial services or retailing because people spend nearly twice as