Data Drives App Development Software Market
A recent report from research firm International Data Corp. (IDC) provides further proof that data is king when it comes to software development. The Application Development & Deployment (AD&D) market is expected to grow at a higher rate in 2013 after slow sales in late 2012, and some of the hottest segments of that market revolve around data-related development, IDC reported.
"Within the AD&D markets, the Relational Database Management Systems (RDBMS) market stands out with a 34% market share. It is by far the biggest individual market," IDC said. "Unlike other mature markets, RDMBS is forecast to outperform most AD&D markets with high single-digit growth in 2013 and beyond." Oracle dominates that market, IDC said, with nearly a 50 percent market share.
Also poised for revenue growth is Data Integration and Access Software, described by IDC as "a structured data management market with revenues of more than $4 billion . . . experiencing growth on par with the RDBMS market with which it has a close relationship." IBM dominates that market, the research firm said, and rules the overall AD&D market with Oracle and Microsoft.
No surprise, IDC said the highest market growth is expected in the predictable areas, "where markets are aligning with or supporting mobile, cloud, social and big data areas."
The information was released by IDC in conjunction with its Worldwide Semiannual Software Trackers project, a paid service.
What do you think about the growth prospects for data developers in the coming years compared to other app development? Please comment here or drop me a line.
Posted by David Ramel on 01/02/2013 at 5:30 PM