IDC Anticipates Enterprise Information Portal Software Market to Reach $3.1 Billion by 2006
FRAMINGHAM, MA – JUNE 18, 2002 – The enterprise information portal (EIP) software market is expected to grow from $550.4 million in 2001 to a staggering $3.1 billion in 2006, according to IDC. Customer demand will grow as more and more enterprises recognize the tremendous business value of this technology.
"Leading EIP vendors have focused on developing functionality that benefits the business user while providing administration tools and development environments that do not require drastic changes in skill sets within the IT departments," said Brian McDonough, research manager for IDC’s Knowledge and Content Management Software service.
According to IDC, EIP technology is being deployed to enhance internal collaboration and transactional business processes, and to increase the effectiveness of knowledge workers in roles such as sales and marketing, research and development (R&D), and executive management.
IDC’s recently released Worldwide Enterprise Information Portal Software Forecast and Analysis, 2001-2006 (IDC #27287) examines the market opportunities for software and services vendors in the EIP market. This document includes a five-year market forecast with 2001 situation overview, leading vendor market shares, future trends, and essential guidance for players in this market space.
Vendor shares appearing in this document are updates from IDC’s previously released bulletin Worldwide Enterprise Information Portal Software Market Forecast and Analysis, 2000-2005 (IDC #25087, July 2001). The 2002-2006 market forecast updates those revenues published in Worldwide Enterprise Information Portal Software Forecast, 2002-2006 (IDC #26598, February 2002).
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IDC is the foremost global market intelligence and advisory firm helping clients gain insight into technology and ebusiness trends to develop sound business strategies. Using a combination of rigorous primary research, in-depth analysis, and client interaction, IDC forecasts worldwide markets and trends to deliver dependable service and client advice. More than 700 analysts in 43 countries provide global research with local content. IDC's customers comprise the world’s leading IT suppliers, IT organizations, ebusiness companies, and the financial community. Additional information can be found at www.idc.com.
IDC is a division of IDG, the world's leading IT media, research and exposition company.
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