100 Biggest Software Companies Reported Revenues of 565 Million Euros
Tuesday, 04 November 2014
The 100 biggest software companies in Bulgaria have reported total revenues of 565 million euros in 2013, up by 12% on the year, compared to a GDP growth of the country of 1%, according to a survey.
A survey of market research agencyCBN Pannoff, Stoytcheff & Co agency, as cited by technews.bg, indicates that the revenues of the top 100 software companies in Bulgaria amount to 1.4% of the GDP in 2013, reaching a historic high for the software business in the country.
In 2008, the revenues of the top 100 software companies in Bulgaria amounted to 0.86% of the GDP.
The survey of CBN includes software companies from 4 sectors, including distributors, integrators, outsourcing suppliers, and independent software vendors.
The new report CBNTop100 Bulgaria Software business summarizes the results of 230 software companies in Bulgaria with a total market share of over 93%, according to the market research agency.