IDC Forecasts Worldwide Middleware and Businessware Software Revenues Will Approach $10 Billion in 2004
FRAMINGHAM, MASS – SEPTEMBER 13, 2000 — IDC is forecasting 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.
Information like the above can be found in IDC’s report Middleware and Businessware Market Forecast and Analysis, 2000-2004 (IDC #B22879). The report divides the market into the following segments: legacyware, data access middleware, remote procedure call middleware, transaction server middleware, object middleware, and businessware management system software. Each market is analyzed and forecasts are provided through 2004 segmented by region and operating environment. Additionally, IDC compares vendors’ 1999 revenues in each market. Key trends affecting each market are discussed. To purchase this report, contact Cheryl Toffel at 1-800-343-4952 extension 4389 or at email@example.com.
IDC delivers dependable, high-impact insights and advice on the future of ebusiness, the Internet, and technology to help organizations make sound business decisions. IDC forecasts worldwide markets and trends and analyzes business strategies, technologies, and vendors, using a combination of rigorous primary research and in-depth competitive analysis. IDC provides global research with local content through more than 600 analysts in 43 countries worldwide. IDC's customers comprise the world's leading IT suppliers, IT organizations, ebusiness companies, and the financial community. Additional information can be found at http://www.idc.com.
IDC is a division of IDG, the world's leading IT media, research and exposition company.
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