IDC forecasts a 255% jump in worldwide middleware and business software revenues, which will carry the market from $2.7 billion in 1999 to almost $9.7 billion in 2004. According to the market intelligence firm, middleware and businessware software is tremendously benefiting from the emergence of emarketplaces.
"As emarketplaces and exchanges grow in complexity, so does the demand for flexible infrastructure solutions capable of meeting these needs," said Sally Cusack, manager for IDC`s Middleware and Businessware research program. "As emarkets evolve, the demand for middleware infrastructure to provide several levels of functionality increases. This demand includes solutions for messaging, transactions, rule engines, and software systems as well as data access and transformation."
IDC believes the biggest opportunity in the market rests with businessware management systems. In 1999, this segment was the largest part of the overall market with $673 million in revenues. In addition to being the largest segment, this market will grow faster than any other. Its revenues will increase at a compound annual growth rate (CAGR) of 51% from 1999 to 2004. In comparison, the overall market will increase at a CAGR of approximately 29%.
U.S. vendors are benefiting the most from the overall middleware and businessware software market. In 1999, they captured almost 75% of worldwide revenues. North America produced almost 50% of the market`s revenues
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International Data Corporation (IDC)
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BMI-TechKnowledge Group (BMI-T)
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