Business Update; Healthcare industry providing the highest growth potential for software vendors

Increasing IT adoption rates within the U.S. healthcare industry are expected to fuel the growth of the software market over the next 5 years, according to IDC. On average, the healthcare market will represent a 9.7% 5-year compound annual growth rate (CAGR) within the packaged applications, infrastructure software, and application and development and deployment markets. Together, these markets totaled $98.1 billion in 2004.

Source: Health & Medicine Week

For more information, please contact:
Howard Sholkin
howard_sholkin@idg.com
617-239-7882