Efficient IT systems to drive SOA demand
Global Industry Analysts (GIA) has estimated that the SOA software market would reach US $21 billion by the year 2015.
Business requirements related to efficient IT systems, lower operational costs, and integration of businesses and processes would be key drivers. Clients also demand SOA solutions to increase the functionality of existing application programs.
GIA’s projection follows recent IDC’s estimate that SOA market will grow by up to 25 percent worldwide by 2013.