SOA product market to hit $43B by 2010 |
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By Staff report
29 Dec 2003 | SearchWebServices.com |
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The market for "core" service-oriented architecture (SOA) technology will reach $43 billion by 2010, according to new research.
ZapThink LLC, a Waltham, Mass.-based analyst firm, said in a new report that as companies move toward SOAs, a number of individual IT markets will merge into a single "SOA implementation framework" market. Such products will provide end-to-end capabilities to build, run, manage and secure SOAs, ZapThink said. SOAs are software components that are exposed as services on a network.
"Today's IT executives want the efficiency of working with a small number of vendors for SOA solutions, while at the same time they require the flexibility of being able to select best-of-breed solutions," said Jason Bloomberg, senior analyst with ZapThink. "Emerging SOA implementation frameworks will offer companies the best of both worlds."
Other findings in ZapThink's "Service-Orientation Market Trends" report include:
- The windows of opportunity for startups and other new entrants into each of these service orientation markets will peak in the 2005-2007 timeframe.
- The market for SOA implementation frameworks will "completely subsume" the application server platform market by 2010.
- Established, incumbent vendors in the Web services and service orientation markets will rapidly come to dominate their markets as the service orientation markets.
ZapThink
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