The market for data warehouse tools is growing strongly. According to IDC, worldwide revenue for the industry will increase at a compound annual growth rate of 26 percent, from $5 billion in 1999 to $17 billion in 2004.
"All segments of the data warehouse tool software market are contributing to the overall market's healthy growth," said Dan Vesset, senior analyst for IDC's data warehousing and information access program. "However, information access is leading the charge. The gradual shift of revenue from warehouse generation and management to information access tools is a factor of the maturation of data warehousing. As buyers move from the initial stages of use to full deployment, spending priorities will shift from capturing and storing the data toward delivering the information to a wider range of users."
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