IDC forecasts that a ‘blistering’ compound annual growth rate of 89% will propel application service provider (ASP) revenues despite the many challenges that the industry has had to overcome.
Predicted Revenue Growth Within ASP Market.
| |
2000 |
2005 |
| Worldwide |
$986m |
$24b |
| Western |
$93m |
$57m |
Source: IDC
“Despite the well-publicized challenges facing the ASP market today, the ASP industry is moving beyond the days of hype and producing some real success stories,” said Amy Mizoras, senior analyst for IDC’s Applications and Application Service Providers research. “Our data clearly shows that ASPs are alive and kicking.”
