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 with 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 of IDC’s research program. “This demand includes solutions for messaging, transactions, rule engines, and software systems as well as data access and transformation.”
In 1999, the businessware management segment was the largest part of the market with $673 million in revenues. 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 around 29%.
US 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.