The segment of software development on request climbed 4.5% to EUR292.9 million, of which 83.1% are exports.

The software license segment increased 7% on the year to EUR190.3 million in 2012, and the research and development segment rose to EUR88.99 million from EUR83.2 million.

The IT market is expected to increase by an average of 2.4% annually in the next five years and the software application market is seen to climb by an annual average of 3.3%.

The local IT market, which also includes the hardware segment, amounted to EUR2.27 billion in 2012, stable on the year, according to IDC.

Only 11% of the companies included in the survey specialize only in software development. They generate about 30% of total revenues on this market segment.

“If all software and services companies in Romania developed software applications the value of the software market would triple,” ANIS president Florin Pitis said.

Some 60% of the companies included in the survey allot less than 15% of their turnover to research and development, while 16% don’t have a R&D budget, IDC Romania head Laurentiu Popescu said.

According to Pitis, the Romanian software industry employs approximately 60,000 people, of whom 80% are IT specialists.

The survey polled 201 companies in the IT industry and was conducted between June and August 2013.