SINGAPORE, 4 DECEMBER 2009 The Asia Pacific region excluding Japan (APEJ) registered growth in the first half of 2009 for the information and data management software (IDMS) market.
The latest Semiannual Information Management & Analytics Software Tracker of IDC showed that the market took in US$1.06 billion for a positive half-on-half growth".
Malaysia, Indonesia and Vietnam exceeded expectations along with India. IDC said these countries were the strongest outperformers in the Asia Pacific excluding Japan.
The report also stated that most countries in APEJ either met or surpassed growth forecasts in the first six months of 2009.
Noting China's five-per cent growth in the review period, IDC predicted that the country will overtake Australia as the largest IDMS market in 2013.
Scattered vital pieces
Although the market growth inched higher than expectations, many firms are still unable to get reliable data for the purpose of regulatory reporting or support for fact-based decision-making.
The root of the problem is often data quality, said Sharon Tan, research manager of IDC's Asia/Pacific Information Management and Analytics, Domain Research Group.
Organisations' information systems are churning out massive volumes of data and often, vital pieces of information sit in multiple places.
A five-year compound annual growth rate (CAGR) of 8.9 per cent is expected in APEJ.
Among the IDMS segments, the growth forecast for data integration and access software (DIAS) is an expansion of 11.2 per cent, making it a market leader.
Aside from DIAS, the IDMS market includes the relational database management systems (RDBMS), non-relational DBMS, and database development and management tools.
Tan said the demand for IDMS can help ensure data consistency. She added that quality is expected to grow strongly as organisations seek to improve nimbleness and efficiencies in data management and information delivery.
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