Demand for Content Management to Grow

content management services market and presents a five year forecast. It also identifies shifts in market trends and discusses the characteristics that service providers will need to be successful in the market space. According to the report?s findings, content management services represent an attractive growth segment for the IT services industry despite only moderate growth in 2002. IDC?s five year forecast anticipates that worldwide content management services spending will increase to more than $7.5 billion in 2007, with a compound annual growth rate of 12.8 percent. in the content management services market outpaces the IT services market as a whole, said Ellen Julian, vice president for Content Management Services and Services Vertical Views research at IDC. is because managing content chaos has become more strategic within the customers organizational priorities due to new compliance rules and threats of litigation because of the corporate ethics crisis. IDC is a market research and analysis firm headquartered in Framingham, Massachusetts. content management services market and presents a five year forecast. It also identifies shifts in market trends and discusses the characteristics that service providers will need to be successful in the market space. content management services market and presents a five year forecast. It also identifies shifts in market trends and discusses the characteristics that service providers will need to be successful in the market space. This represents a CAGR of22% during the forecast period. IDC research also finds the carrier marketwill grow to over $5.3 billion in 2006, but the do it yourself marketremains the largest provider of IP VPN services. This segment is expected togrow to nearly $9.4 billion in 2006. Read More

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