$386.4 mln of system management software sold in Asia-Pacific in 2004

According to IDC, revenue growth for system management software (SMS) in Asia/Pacific (excluding Japan) remained healthy despite the intense price competition and consolidation activities among major players. IDC sized the SMS market at $386.4 mln in 2004, and forecasts revenue to grow from $ 431.9 mln in 2005 to $664.4 mln in 2009, a compound annual growth rate of 11.4%.