Antispam solutions market to reach $1.7 bln in 2008

According to IDC, worldwide revenue for antispam solutions will exceed $1.7 bln in 2008, far surpassing the $300 mln generated in 2003. IDC cites the development of spam from a mere nuisance to an increasingly serious problem as the driver for explosive revenue growth, innovation, and investment in the antispam market. The worldwide revenue for antispam solutions will experience a compound annual growth rate (CAGR) of 42% through 2008.