Skip to: Content
Skip to: Site Navigation
Skip to: Search

July 25, 2008 10:28:17 PM CDT

Learn about Newser Points »

« Back to the grid | Next story »

Web 2.0 Buying Will Hit $4.6B by 2013: Analyst

Posted Apr 22, 08 3:55 PM CDT in Technology 

(Newser) – Spending on Web 2.0 technologies is ready to explode, according to a new report from Forrester Research. The market will reach $4.6 billion by 2013, the report predicts, as the technology starts to saturate the business world. To get there, it’ll have to jump an average of 43% a year, since this year’s sales amount to a mere $764 million.

The report defines “Web 2.0” as blogs, wikis, RSS, mashups and podcasting. Soon, researcher Oliver Young argues, those technologies will be as ubiquitous as Microsoft Office. And while $4.6 billion may look like an eye-popping figure, it would account for just 1% of the enterprise software market. “It’s a drop in the bucket,” says Young. “It’s not very much in actuality.”

Source CIO Magazine

0 comments | Print E-mail | Digg Seed this on Newsvine Add this link to Del.icio.us StumbleUpon

Related Newser Stories

  • 'Media Titan' Moves in Small (Even Empty) Websites

    Jul 16, 08 1:29 PM CDT
    'Media Titan' Moves in Small (Even Empty) Websites Richard Rosenblatt doesn’t work in Silicon Valley and few people, even there, know his name. But in just 2 years his Demand Media has become a huge player, backed by $355 million in private investment, and pulling in nearly $200 million in revenue this year, the Los Angeles Times reports. His big idea is, well, a small one: eat up thousands of niche social-networking websites, the so-called Long Tail of the Internet, and create tailored content that draws the faithful, and by extension, the advertisers. More »

  • Sports Columnists Lost in Digital Transition

    Jul 8, 08 4:03 PM CDT
    Sports Columnists Lost in Digital Transition Sports columnists are leaving behind their local teams and newspaper readership in droves for the greener pastures of the online and television worlds, and it's "something to be lamented," writes Robert Weintraub in the Columbia Journalism Review. “The gifted sports columnists often delivered the best writing in the entire paper,” serving as an insightful cheerleader or investigative instrument of a city’s frustration. More »

  • YouTube Warriors Redefine Politics

    Jun 28, 08 9:21 PM CDT
    YouTube Warriors Redefine Politics A glut of political amateurs who produce popular videos on the cheap for YouTube and similar sites is redefining campaign politics. The New York Times takes a look at the phenomenon, in which partisans with nothing but passion and a computer produce often scathing videos about McCain and Obama. The campaigns, meanwhile, are struggling to ajdust to "politics at the speed of the Internet," as one Obama adviser puts it. More »

  • The Next Big Web Start-Ups

    Jun 28, 08 6:04 AM CDT
    The Next Big Web Start-Ups What’s next in the wide world of Web?  MIT’s Technology Review lists 10 up-and-coming apps and gadgets to make communicating even easier:

    1. Pinger. Like texting, but with your voice: leave voice messages for your friends on the company’s server.
    2. Pownce. A microblogging service like Twitter—but users can send large files back and forth, too.
    3. Qik. Broadcast live to the Internet using just your mobile phone.
    4. Dash Navigation. Road-ready Internet access that lets drivers grab traffic info on the fly.
    5. Ushahidi. To help get the word out during disasters, text messages appear on a web-based map showing the texter’s location.
    More »

  • Al-Qaeda Stuck in Web 1.0

    Jun 26, 08 9:07 AM CDT
    Al-Qaeda Stuck in Web 1.0 At its height, al-Qaeda had mastered how to amplify the effect of real-world attacks with virtual representations—videos, audio recordings, and articles reproducing its mayhem online. But as the Web has transformed into a more social entity, the terrorist organization is " stuck in 1.0," writes analyst Daniel Kimmage in the New York Times. If America and its allies want to win the war on terror, they should look to YouTube. More »

If the Forrester estimates are correct, Web 2.0 spending will have to jump at a rate of 43% per year.   (Shutterstock)
But while that may seem like a lot, it will still represent just a fraction of the enterprise software market.   (Shutterstock)
Someday, the report argues, Web 2.0 applications will seem as essential as programs like Microsoft Office do today.   (Shutterstock)
« Prev« Prev | Next »Next » Slideshow
Our editors also recommend:

Threads (1 of 3)

Tags

Internet  • Web 2.0  • Microsoft Office  • blogs


Loading...

Loading...

Today's Most Popular


Other Technology Stories

What is Newser?

2008 Codie Finalist

Newser gives you more news in less time. We search for the best and most important stories all over the web, read them for you, and deliver concise and sharp summaries—along with links to the full text. Newser provides a way to stay on top of an ever-expanding horizon of news and opinion—politics, sports, business, trends, technology, personalities, crimes, and controversies. Newser keeps you not just better informed, but, with our signature graphic interface and smart condensed format, more enjoyably informed.

Learn more »