Western Europe Analytic Data Management and Integration Platform Forecast, 2015-2020
In 2015, the Western European market for analytic data management and integration platforms grew 12.1% to reach $3.4 billion, and we expect it to continue to grow at a CAGR of 5.1% through to the end of 2020, said Philip Carnelley, research director, Enterprise Software, IDC Europe. "Demand for software to help businesses compete and improve through new insight from data continues to increase. Organizations are investing to build up resources to deal with ever-increasing amounts of data, and to make that data usable and useful as widely as possible across the business. To deal with these issues and leverage the increasing data availability, they are increasing the power and range of solution types used for data storage and management, and this is also driving increasing investments in data integration and cleansing software."