Federal Software Products Market, FY 2012-2017
Published: September 12, 2012
Deltek’s Federal Software Products Market, 2012-2017 analyzes trends in the federal software market and the forces that will shape the direction of the segment over the next several years.
Deltek forecasts demand for vendor-furnished software products by the U.S. Government will decline slightly from $13.5 billion in 2012 down to $13.3 billion in 2017 at a compound annual growth rate (CAGR) of -0.2%.
Increasing budget pressure, government mandates, and rapidly advancing technologies are challenging agencies to ‘do more with less.’ Amidst consolidation initiatives to increase efficiencies and reduce redundant spending, federal agencies are aligning their technology investment strategies with evolving capability requirements and beginning to shift how they do business.
The federal software market will experience increasing pressure over the next five years, requiring vendors to adjust what they offer and how they sell to federal customers. Cloud computing, thin client adoption, mobile computing, and enterprise services approaches will transform the market and present different opportunities for vendors.
Deltek’s research reveals that the following key influences will shape the software market:
- Agencies will be pressured to make “controlled cuts” to “near-sequestration” levels regardless of whether or not sequestration actually occurs.
- Agencies are moving toward cloud computing and mobile computing in a drive to maximize efficiency and adopt innovative technologies while also reducing costs.
- Enterprise licensing and strategic sourcing will reset software expenditure levels to new baselines as agencies fully implement new policies and rationalize their software portfolios.
- Standardization and modernization of both infrastructure and enterprise software will consolidate acquisitions, but drive growth in key areas such as mobility and cybersecurity.
Critical Insight for Vendors
Deltek's Federal Software Products Market, 2012-2017 report provides companies and other interested parties with a detailed view of the future federal software market and a market forecast for the next five years. The report is designed to enhance a vendor’s federal planning process with relevant strategic analysis and provides recommendations that guide software vendors to maximize their market positioning to best take advantage of federal business opportunities.
Deltek's Federal Software Products Market, 2012-2017 report is delivered in PowerPoint® format. The report package also includes a PowerPoint® Executive Briefing, and an Excel® workbook with charts and data.