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Input forecasts emerging tech markets for state and local governments
Reston, VA-based Input, which specializes in government business, has unveiled new research detailing adoption trends for cloud computing, virtualization, service-oriented architecture (SOA), open source software (OSS) and geospatial technologies among state and local governments.
According to the company's projections, the total state and local cloud computing market is expected to grow from $230 million in 2009 to $620 million by 2014 at a compound annual growth rate (CAGR) of 22 percent, with the largest growth predicted for platform-as-a-service and software-as-a-service offerings.
Over the same period, Input predicts, the virtualization market is poised to grow from approximately $360 to $580 million at a CAGR of 10 percent.
Meanwhile, the market for open source software is expected to increase from $160 million to $280 million (11 percent CAGR), and the geospatial technology market is projected to grow from $520 million to $720 million (7 percent CAGR) over the next five years.
Input's report is based on a survey of technology decision makers across 50 states and the District of Columbia. The full report is available on Input's Web site, at http://tiny.cc/slemergingtechmarkets.