Custom Application Market Spurred by Evolving Data Management Needs

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IDC recently released its semi-annual software industry tracker results, which indicated that significant growth in market areas such as relational database management systems and integration could foster steady rise in the application development and deployment software industry in the coming year.

IDC’s report indicated that the custom application development and deployment market will finish at roughly $80.6 billion in 2012, which analysts noted to be 3.7 percent higher than last year’s numbers, according to a recent article in Information Management. IDC researcher Patrick Melgarejo detailed that he expects the market growth to nearly double in 2013, to 7.5 percent or $86.7 billion.

“The shot in the arm of market expansion should come from the background software and solutions from a few of the hotter segments of the information management market,” senior editor Justin Kern wrote for Information Management.

Information Management reported that 34 percent of IDC’s overall application development market share is made up of relational database management systems (RDBMS). IDC’s tracker expects the RDBMS market to exhibit significant growth in 2013. As more businesses adopt RDBMS, IDC stated that the data integration and access software markets are likely to experience parallel growth. Kern reported that IDC attributes this correlation to business behavior as they look to streamline data flow between computing environments.

Online database application performance is expected to improve with the advent of new solutions that manage cache data. Such solutions grew by 15.9 percent in the first half of 2012, IDC reported, and the company expects this trend to continue in the coming years.

 

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