Top 10 emarketplace services firms earn 47% of market's revenues.A new bulletin, ranks the leading emarketplace firms by revenue lead by PricewaterhouseCoopers, IBM Global Services IBM Global Services is the world's largest business and technology services provider. It is the fastest growing part of IBM, with over 190,000 professionals serving customers in more than 160 countries. , and Cap Gemini Ernst and Young. The top players in the worldwide marketplace services market ascended to their leading positions on the strength of the market's focus on buyer-driven marketplaces and their connection to supply chain services. IDC believes service firms beyond the top 10 will have an opportunity to increase their revenue share as the market turns its attention toward small and medium-sized businesses (SMB (1) (Small to Medium-sized Business) Also called "SME" (small to medium-sized enterprise), it refers to companies that are larger than the small office/home office (SOHO), but not huge. ) and markets outside North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Many of the firms in the top 10 have experience working with larger companies but are not well-versed in serving the SMB market See SMB. , and history suggests moving down market is extremely difficult in an IT solutions market. A middle tier of players that dedicate themselves to serving the needs of SMBs will emerge. Additionally, the top 10 are less dominant outside North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. markets, and these markets will become increasingly important. North America represents the largest region for emarketplace services, but other parts of the world will increase their spending significantly faster. IDC estimates emarketplace services revenue in North America will increase at a compound annual growth rate (CAGR CAGR See: Compound Annual Growth Rate ) of less than 20% through 2005. In comparison, Asia/Pacific and Western Europe will each earn CAGRs of over 50%. IDC's bulletin The Top l0 Worldwide emarketplace Service Providers (IDC #B24309) rates the top 10 vendors in the emarketplace services market and discusses what has made them dominant To purchase this bulletin, contact Jim Nagle at jnagle@idc.com. |
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