IDC Reveals Forecast and Strongest Market Opportunities for System Infrastructure Software in North America
FRAMINGHAM, MA – SEPTEMBER 17, 2003 – The North American market for system infrastructure software (SIS) is set to grow to almost $26 billion in 2003. According to a new forecast from IDC, this market will increase to more than $35.2 billion by 2007. Successful penetration into discrete manufacturing, banking, business and legal services, and other financial services are among the industries that will offer SIS vendors sizeable rewards throughout the forecast period.
"Communications companies (both broadcast and telco), distribution services companies, and resource industries will outperform the other vertical industries in terms of SIS revenue growth potential between 2003 and 2007," noted Anna Toncheva, program manager, Software and Systems Vertical Views research at IDC. “These organizations are expanding their investments in system infrastructure software to keep up with the escalating complexity of their IT infrastructure assets, to enable business continuity, and to support multiple businessflows in the enterprise."
IDC's new study, North America System Infrastructure Software Forecast, 2002-2007: Vertical Industry and Company Size Perspective for Software Vendors (IDC #30044), addresses system infrastructure software adoption trends and investment developments anticipated to define the vertical profile of the revenue streams for 2003-2007. This study also presents results that illuminate the differences in the current and projected spending in 20 vertical industries and three company revenue bands in North America. SIS software vendors will find the results in this document useful for shaping and sharpening their vertical go-to-market strategies in the system and network management, security, and system-level and networking software segments.
Other related findings can be found in the following IDC reports:
North America Applications Software Forecast, 2002-2007: Vertical Industry and Company Size Perspective for Software Vendors (IDC #30027)
North America Application Development and Deployment Tools Forecast, 2002-2007: Vertical Industry and Company Size Perspective for Software Vendors (IDC #30032)
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