Report: SOA Market To Jump FourFold by 2014

SOA News : Report: SOA Market To Jump FourFold by 2014

A new report on the surging SOA market predicts that the size of the SOA infrastructure market will grow by more than fourfold over the next six years, to more than $9 billion.

SOA markets at $2 billion in 2007 are expected to reach $9.1 billion by 2014, according to according to “Services Oriented Architecture SOA Infrastructure Market Shares, Strategies, and Forecasts, 2008 to 2014,” prepared by WinterGreen Research Inc.

Authors said the surge in SOA infrastructure growth will come as vendors create ways to help enterprises reduce the costs of running their IT departments by developing a more automated process from software and freeing the budgets for investment in flexible response to changing market conditions, the report said.

Source: xwebservices.com