Worldwide Mobile Middleware Market to Reach Healthy $1.6 Billion by 2006
FRAMINGHAM, MA – APRIL 29, 2002 – Despite poor market conditions, underachieving growth in 2001, and slow wireless networks, the mobile middleware market is expected to grow gradually over the next five years. Although the mobile middleware space is still in its infancy today, IDC expects this market to reach $1.6 billion by 2006 signifying this market as core to mobile and wireless deployments in the enterprise and across vertical industries.
"The mobile middleware market will offer tremendous long-term opportunities for vendors," says Stephen Drake, program manager for IDC’s Mobile Infrastructure Software service. "As more mainstream companies assume a larger role in mobile and wireless deployment projects the market will become much more educated on the value of deploying wireless solutions within businesses."
Large application vendors, system integrators, global professional services organizations, and wireless carriers create enhanced credibility within the market and are important channel partners for mobile middleware providers;
Near-term revenue growth for mobile middleware vendors is expected to come from sales across five key vertical industries;
Consolidation will continue, but vendors will now be able to build a solid customer base and maintain financial viability.
IDC’s new forecast for 2002 entitled Worldwide Mobile Middleware Forecast, 2002-2006, (IDC #26581) provides a five-year forecast, situation overview, future trends, and essential guidance for vendors and customers looking to extend their reach into the mobile middleware market.
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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.
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