Canadian Big Data and Analytics Software Forecast, 2020–2023

Canadian Big Data and Analytics Software Forecast, 2020–2023

This IDC study examines the Canadian Big Data and analytics software market in terms of software spending and market developments."The Canadian Big Data and analytics (BDA) software market reached $2,098.2 million in 2018 and is expected to grow at a five-year CAGR of 9.4%. BDA is a foundational market for digital transformation, but operationalizing data science investment fails too often. That's the issue tech vendors need to help customers address," says Warren Shiau, research vice president, Business Insights, IDC Canada.

Please Note: Extended description available upon request.


IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Big Data and Analytics Software Market Breakdown
Market Context
Drivers and Inhibitors
Drivers
Digital Transformation Drives BDA Investment
Predictive Analytics Adoption Will Increase
Semiautomation of BDA Processes
Inhibitors
Difficulty Operationalizing Data Science Initiatives Will Inhibit BDA Demand
Difficulty and Complexity in Managing Data
Significant Market Developments
Changes from Prior Forecast
Market Definition
Methodology
Related Research

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