Data Distribution, Migration, and Repurposing Software Market Will Remain Steady Over the Next Five Years, IDC Says
FRAMINGHAM, MA – JULY 25, 2002 – According to the latest research by IDC, the data distribution, migration, and repurposing (DDMR) software market will continue its positive growth curve over the 2002-2006 forecast period signifying the continued demand for data integration solutions by enterprises.
"The DDMR market grew 11.3% to reach a healthy $1.03 billion in 2001, but we will see markedly higher growth through 2006 when it is expected to achieve $2.2 billion," said Susan Funke, research manager for IDC's Information and Data Management service. "We also found that the leading vendors in this market grew above the average growth rate while some of the smaller, more established vendors declined."
IDC's current DDMR market definition incorporates five sub-markets: data quality, data profiling, ETML (extract, transform, move, and load), data replication and synchronization, and virtual database management (DBMS) software. Furthermore, IDC recognizes that additional markets are developing that include semantic mediation.
Key trends observed by IDC in each of these sub-markets include:
Data quality is finally getting the attention it deserves for being an integral part of data integration as corporations look to reduce costs.
Data profiling is emerging as the demands for interpreting data from disparate information systems and mapping it into a common format for easier re-use in applications has gained importance.
Recent growth of data mining, business analytics, business intelligence, and metadata management applications that have been made available with ETML solutions is a sign of ETML's importance and relevancy in the market.
Since September 11 events, disaster data recovery awareness has increased among customers as data replication vendors have seen their solutions take on new meaning and importance.
Virtual databases will be a growth opportunity over the forecast period as the demand for integrated access to dissimilar databases evolves.
IDC's recently released Worldwide Data Distribution, Migration, and Repurposing Software Forecast and Analysis, 2002-2006 (IDC #27406) document examines the overall DDMR and comprising sub-markets. This report provides leading vendor performances and profiles, five year forecast, as well as future market outlook.
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