Banks Set to Increase Low Latency Spend, Tabb Predicts

The market for low latency messaging middleware is set to rise from $95 million in 2007 to $168 million in 2010, a three-year compound annual growth rate of 107 per cent, as investment banks ramp up spending on the technology to cope with rapidly increasing message volumes, according to forecasts from Tabb Group. The analyst estimates the overall spend on low latency infrastructures will reach $300 million in 2007. This includes message buses, feed handlers, ticker plants, complex event processors, physical transport and data storage and integration of internal and external applications.

Tabb Group News Release

[tags]Tabb Group, messaging middleware, message buses, feed handlers, ticker plants, complex event processing, data storage[/tags]