The SOA Market To Hit $51.9B in 2012
The SOA Market To Hit $51.9B in 2012
By Ian Finley, Research Director, Technology and IT Governance, AMR Research and Bob Kraus, AMR Research
The market for service-oriented architecture (SOA) software and services has hit a hyper-growth stage: both the number of customers working on SOA projects and the amount spent are growing rapidly. While vendors report the bulk of their revenue coming from large financial services and telecommunications companies, our 2007 spending survey showed significant SOA investment by companies of every size in every industry:
SOA adoption is broad based—Asia, Europe, and the United States showed adoption growth rates of over 100%.
SOA spending is significant—The average SOA adopter spent nearly $1.4M, and 45% reported over $500K on SOA software and services. SOA adoption has spread beyond the large financial services and telecommunications companies in Europe and North America to every other potential part of the market. 53% of the companies we surveyed in the United States, Germany, and China reported at least one SOA project completed or underway in 2007, with the differences between geographies, industries, and company size smaller than ever before. SOA is becoming a global enterprise IT requirement. SOURCE: AMR Research
AMR_Research_ARTICLE_21594-The_SOA_Market_To_Hit_$51[1].9B_in_2012.pdf
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Gary E. Smith
SOA Enterprise Architect
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