# Data on the U.S. Software Products Industry 1

- ## Growth of the U.S. Packaged Software Industry

## Year Revenue Income before tax

## 1987 $ 5.7B $0.5B

## 1988 $ 7.3B $0.7B

## 1989 $ 9.0B $1.3B

## 1990 $11.7B $1.4B

## 1991 $13.0B $1.2B

## 1992 $14.4B $1.7B

## 1993 $16.6B -------

- ## Average annual growth rate of revenue = 20.4% over that period

- ## Source: WEFA Group (via SPA), August 1994

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