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NEWS MARKET OUTLOOK Mobile Middleware Market to Erupt by 2005, says IDC study The worldwide mobile middleware market could be described as a volcano ready to erupt, according to a report released by the research firm IDC.In the report entitled ‘Mobilizing the Enterprise: Mobile Middleware Market Forecast and Analysis 2000-2005,’ its authors forecast that the industry will explode at a compound annual growth rate of 61 percent from $137-million in 2000 to $1.5-billion by 2005. To stay competitive in a global marketplace, enterprises must ensure that their mobile workers have access to critical information via a number of mobile devices. Their increase dependency on remote workers will drive the demand for mobile middleware, said Stephen Drake, senior analyst for IDC’s Wireless and Mobile Enterprise Access program. Overview of Findings in the IDC Study
Mr. Drake told a Reuters’ report that he expects large players in the traditional middleware area, IBM Corp. and BEA Systems Inc. to partner with some of the 30 smaller companies that specialize in wireless middleware, as venture capital continues to flow into this area. For more information: http://www.idc.com/communications/press/pr/GCM030501pr.stmMobileinfo Comments and Advisory: Wireless middleware is an extremely important piece in wireless puzzle but one which most VC's do not understand or get excited about,. IDC study has rightly put the spotlight on this. Note: This news release may contain forward-looking statements. Readers should take appropriate caution in developing plans utilizing these products, services and technology architectures. All trademarks used in this summary are the property of their respective owners. NEWS
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