The global market for enterprise application integration software and services is set for rapid expansion, with revenues projected to increase from $6.6 billion in 2001 to $37.2 billion by 2005, reports Ovum Ltd., a London-based research firm. North America will remain the most active region, with EAI revenues jumping from $3 billion in 2001, to $6.7 billion in 2002 and $15.3 billion in 2005. The next largest market is Western Europe, with revenues increasing from $2.7 billion in 2001, to $5.8 billion in 2002 and $14. billion in 2005.
Asia-Pacific EAI revenues will go from $700 million in 2001, to $1.8 billion in 2002 and $5.2 billion in 2005. Revenues for the rest of the world will increase from $200 million in 2001, to $600 million in 2002 and $2.6 billion in 2005, Ovum predicts.
"Enterprise application integration is attractive at the business level because it allows you to rapidly implement business changes in underlying information technology systems," Ovum says. "An attraction for EAI vendors offering e-business functionality is that the budget holder tends to be the business user who sees the EAI solution as fulfilling a tactical business opportunity.
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