XML Development Tools Demand to Grow

 
 
By Darryl K. Taft  |  Posted 2002-09-25 Email Print this article Print
 
 
 
 
 
 
 

Survey predicts market for XML development tools will grow to nearly $400 million by 2006.

The market for XML development tools will grow to nearly $400 million by 2006, according to a recent market research report. International Data Corp., of Framingham, Mass., Tuesday released its Worldwide XML Development Tools Software Forecast 2002-2006, which predicts that user and developer demand will drive the market to substantial growth. IDC estimates that the market for XML tools will grow by nearly 42 percent, compounded annually, to a high of $395 million by 2006. "XML has become mainstream, and the strong demand for XML development tools presents an opportunity for vendors," said Susan Funke, research manager for IDCs Java and XML for eBusiness service, in a statement. "The demand for utilizing existing content and the creation of new content on the Web is driving the need for authoring tools that can address personalization, content delivery channels, and management of vast quantities of content."
New XML-based authoring tools that simplify XML document creation and appeal to business users will also help fuel the market, the IDC report said.
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    Darryl K. Taft covers the development tools and developer-related issues beat from his office in Baltimore. He has more than 10 years of experience in the business and is always looking for the next scoop. Taft is a member of the Association for Computing Machinery (ACM) and was named 'one of the most active middleware reporters in the world' by The Middleware Co. He also has his own card in the 'Who's Who in Enterprise Java' deck.
     
     
     
     
     
     
     

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