Business
Mobile middleware to generate $1.4 bln by 2009
In 2004 and 2005, the mobile middleware market again experienced strong growth and a flurry of acquisitions, customer wins, and new product rollouts. This has created real momentum in this market, which has now cracked the $500 mln, mark and witnessed a mobile middleware vendor breaching $100 mln in revenue.
In 2004 and 2005, the mobile middleware market again experienced strong growth and a flurry of acquisitions, customer wins, and new product rollouts. This has created real momentum in this market, which has now cracked the $500 mln, mark and witnessed a mobile middleware vendor breaching $100 mln in revenue. IDC currently forecasts this market to increase to $1.4 bln in 2009, representing a compound annual growth rate (CAGR) of 21.0%.