U.S. Web Services Market Analysis, 2002. IDC has released their 40-page $2,500 report. Web services demand will grow to $21 billion by 2007, with an average annual CAGR of 94% among all segments. Over the next 10 years, there will be a cumulative $184 billion spent on Web services projects. According to Dr. Anthony C. Picardi, senior vice president of Global Software at IDC, "Web services will become the dominant distributed computing architecture over the next 10 years. The opportunity for IT vendors could exceed $21 billion a year by 2007."
Posted Tuesday, December 31, 2002 8:38:29 AM