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LinuxWorld.com.au: IDC forecasts strong growth for Linux

Oct 17, 2000, 00:23 (4 Talkback[s])
(Other stories by Rodney Gedda)

"IDC, an information technology analysis company, has released its Worldwide Software Market Forecast Summary for 2000-2004. The results of the report indicate that the worldwide packaged software market is well positioned for strong expansion until 2004, with Linux to experience robust growth. As part of the forecast, IDC indicates that revenues will increase at a compound annual growth rate (CAGR) of more than 15 per cent during the proposed time...."

"The report yields great news for Linux, for which there is expected to be strong growth in applications development and deployment software. In this market, Linux's revenues will increase at a CAGR (compound annual growth rate) of almost 183 per cent. Despite the strong growth, Linux's revenues will be nowhere near those of 32-bit Windows."

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