The rapidly expanding data warehouse software market is increasing at a 26 percent compounded annual growth rate and will reach $17 billion by 2004, up from $5 billion in 1999, reports International Data Corp., Framingham, Mass., an IT research firm. North America will remain the largest market for data warehouse tools, with a 50 percent sector share by 2004, down from 52 percent in 1999. IDC projects Western Europe will have a 31 percent market share and Asia/Pacific a 13% share. The Windows environment will be the dominant platform. Strong market growth will come from all segments of the sector, but information access is leading the charge, says Dan Vesset, senior analyst for IDC's Datawarehousing and Information Access program. The information access market will grow at a 35percent annual rate to $8.8 billion by 2004, IDC projects.
Information access will overtake the data warehouse management segment and own more than half of the overall data warehousing tools market in 2004. Its share in 1999 was just 36percent. The gradual shift of revenue from warehouse generation and management to information access tools will result from data warehousing maturation, Vesset says. For more information, please visit www.peregrinesystems.com.
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