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July 25, 2002 — (WEB HOST INDUSTRY REVIEW) — META Group Inc. (METAGroup.com) recently released its newest market evaluation for the Web content management (WCM) market, which predicts that market will reach $10 billion in revenue by 2004.
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At the end of the first quarter of 2002, approximately 60 per cent of Global 2000 organizations had purchased a content management package, with less than 5 per cent of those being used for more than one Web site or considered strategic.
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META Group expects more than 95 per cent of G2000 organizations to purchase a package by 2004, with a trend toward strategic deployments.
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Adoption will continue at a steady pace due to ease of business-user content creation via native authoring tools and robust administration tools. “We expect many vendors to embrace the overarching enterprise content management theme during the next 12 months, leaving a small group of pure-play WCM providers and a significantly larger enterprise content management-oriented segment,” said Andrew Warzecha, senior vice president with META Group’s Electronic Business Strategies service. “Given the accelerating consolidation in the WCM market through 2003, users should aggressively evaluate a vendor’s long-term viability and strategy.”
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Key criteria that firms will evaluate before selecting a Web content management system will include product architecture, pricing and vendor viability.
