Service Oriented Architecture Market Analysis

Strategic Insights -

The global market for Service Oriented Architecture (SOA) is forecasted to grow significantly, driven by increasing demand for software solutions and IT infrastructure. The market, which was valued at $3.3 billion in 2006, is expected to reach $6.4 billion by 2015, with an annual growth rate of 8.5%. The market is segmented into three categories: Application & Collaborative Software, Development & Deployment Software, and Systems Infrastructure Software.

Key Takeaways:

  • The global SOA market is expected to grow at a CAGR of 8.5% from 2006 to 2015, reaching $6.4 billion.
  • The market is driven by the increasing demand for software solutions and IT infrastructure.
  • The three main categories of the market are Application & Collaborative Software, Development & Deployment Software, and Systems Infrastructure Software.
  • Accenture Ltd., AmberPoint, Inc., Fiorano Software, Inc., Hewlett-Packard Company, International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, SOA Software, Inc., Software AG, TIBCO Software Inc., and Vitria Technology, Inc. are the prominent players in the market.
  • The market is expected to be driven by the growth of cloud computing, big data, and mobile technologies.

Statistics:

  • Global SOA market size: $3.3 billion (2006), $6.4 billion (2015).
  • CAGR: 8.5% (2006-2015).
  • Market segments: Application & Collaborative Software (34.6%), Development & Deployment Software (28.5%), Systems Infrastructure Software (36.9%).
  • Prominent players: Accenture Ltd., AmberPoint, Inc., Fiorano Software, Inc., Hewlett-Packard Company, International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, SOA Software, Inc., Software AG, TIBCO Software Inc., and Vitria Technology, Inc.

Sources:

  • Research and Markets, "Service Oriented Architecture - Global Strategic Business Report" (2010).
  • Accenture Ltd. (US), AmberPoint, Inc. (US), Fiorano Software, Inc. (US), Hewlett-Packard Company (US), International Business Machines Corporation (US), Microsoft Corporation (US), Oracle Corporation (US), SOA Software, Inc. (US), Software AG (Germany), TIBCO Software Inc. (US), Vitria Technology, Inc. (US).