This IDC update presents an overview of the market dynamics and growth rates of the technical computing market from various angles. We examine the market from both competitive and industry segment perspectives, looking at market conditions in different geographical regions and, finally, the cluster portion of the market growth.

The technical computing market has seen extraordinary growth over the last few years. From 2003 to 2005, overall market revenue increased 61%, reaching $9.2 billion at the end of 2005. We anticipate the total market to break $10 billion at the end of 2006, representing another strong growth year of at least 12% from 2005.