May 1, 2012 – As-a-service options and economic pressures are expected to slow down the application management market only a few years after record-high growth, according to a new market report from IDC.
In a tweak of its “Worldwide and U.S. Application Management Services 2012-2016 Forecast,” the research firm slightly lowered anticipated year-over-year growth for the application management market to 5.6 percent, or .3 percent below its initial estimates in November. There was also a reduction in its five-year compound annual growth rate to 5.5 percent, down from 5.8 percent about five months ago.
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