Size of the SIM Market
Yankee Group had an estimate of the SIM/SEM market in 2003 and showed that the SEM market is $180 million this year and $270 million next year.
To put that in perspective, the US information security industry is $8.7 billion.
The Business Intelligence market is on a growth path that should result in a $7.8 billion market by 2005.
The worldwide software revenue increased 5.1% to $178 bln in 2003 and is projected to rise to $189 bln in 2004.
And according to itfacts.biz,
The Semiconductor Industry Association predicted semiconductor sales to rise 28.5% to a record $213.8 bln in 2004 but remain essentially flat in 2005, as the excess inventory problems many chip companies are now reporting make their impact felt. The forecast projects sales will grow by 6.3% to $227.2 bln in 2006 and by 14.2% to $259.4 bln in 2007.
Comparatively, the SEM/SIM market is peanuts!!
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