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While most of IT spending growth are relatively flat, Gartner predicts that over the next four years that spending on cloud computing will more than double. So it’s a bit surprising to see that there’s another IT market segment that is easily keeping pace with cloud computing: the Service Oriented Architecture (SOA) market.
A survey by research firm Companies and Markets found that last year the SOA market grew at a rate of 38 percent, now topping $5.5 billion, up from around $4 billion in 2010. The SOA market is expected to continue to grow at a rate of 11.5 percent over each of the next couple of years.
Actually, much of the growth in the SOA market can be attributed to cloud computing. SOA frameworks are being deployed into the cloud to provide a base for the cloud infrastructure and SOA is also being used as middleware for connecting applications in data centers. SOA has enabled businesses to build more flexible system. It also increasingly being used as the backbone for mobile applications and marketing analytics.
The report found that IBM is the lead vendor in the SOA market, particularly aided by sales of IBM WebSphere.