Content access tools generated $976 mln in 2005

According to IDC, the content applications markets will continue to be extremely vibrant through 2010, with double-digit compound annual growth rates (CAGRs) for content access tools, including search engines, content management software, and digital asset management software. The content access tools market (search, text mining, and categorization software) grew at an astonishing rate of over 32% to over $976 mln in 2005. 40% of enterprises still lack a commercial content management system (CMS), and even within companies that have adopted a CMS, large groups of users remain unserved, which presents an opportunity for expanding content management adoption within the enterprise.