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Asia/Pacific (Excluding Japan) Business Analytics Software Forecast, 2016–2020

Asia/Pacific (Excluding Japan) Business Analytics Software Forecast, 2016–2020

This IDC report presents a historical view of the Asia/Pacific (excluding Japan) (APEJ) business analytics software market in 2015 and a forecast of the market from 2016 to 2020. The study also includes a breakdown of the market by 16 subsegments and 5 subregions, namely, Australia/New Zealand (ANZ), India, Korea, Greater China, and Southeast Asia. It also includes a discussion of developing trends, key market drivers and inhibitors, and guidance to vendors."The business analytics software market in APEJ region grew modestly by only 1.8% in 2015. A greater momentum was achieved in the first half of 2016 in which it grew by 4.3% year over year (YoY). It is expected to complete 2016 with a strong finish at $3.6 billion. IDC expects the business analytics software to be one of the fastest-growing markets in the region over the next five years with an 8.8% compound annual growth rate (CAGR)," says Chris Zhang, research manager for software, IDC Singapore."ANZ and Greater China will be the top revenue contributors, whereas high growth can be expected from India and the emerging Southeast Asian region. Key drivers include continued demand for actionable insights, continued demand for full analytics self-service, and greater availability of analyzable data," says Jessie Cai, senior research manager on big data and analytics and cognitive/artificial intelligence, IDC Singapore.

Please Note: Extended description available upon request.


IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Key Market Characteristics
ANZ — The Most Mature Market, Growing Interests in Internet of Things and Automation
India — Cloud-Based Analytic Solutions Gaining Acceptance Among Start-Ups and Small and Medium-Sized Enterprises
Korea — Demand for Industry-Specific Analytic Solutions
Greater China — Abundance of Data
Southeast Asia — Diverse Territory with Unique Characteristics
Market Context
Drivers and Inhibitors
Drivers
Demand for Actionable Insights
Demand for Full Analytics Self-Service
Inhibitors
Talent Shortage
Transition from On-Premise to Cloud Deployments
Garbage In, Garbage Out
Significant Market Developments
Changes from Prior Forecast
Market Definition
BI and Analytics Tools
Query, Reporting, and Analysis Tools
Advanced and Predictive Analytics
Content Analytics
Search Systems
Spatial Information Analytics
Cognitive and AI Platforms
Analytic and Performance Management Applications
Customer Relationship Analytic Applications
Supply Chain and Product-/Asset-Centric Analytic Applications
Services Operations Analytic Applications
Workforce Analytic Applications
Enterprise Performance Management Applications
Production Planning Applications
Analytic Data Management and Integration Platform
Analytic Data Integration and Integrity
Analytic Data Management
Relational Data Warehouses
Analytic Nonrelational Data Stores
Continuous Analytics
Methodology
Historical Market Values and Exchange Rates
Forecast Market Values and Exchange Rates
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