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Worldwide Big Data and Analytics Software Forecast, 2017–2021

Worldwide Big Data and Analytics Software Forecast, 2017–2021

This IDC study presents the historical view of the worldwide BDA software market for 2012–2016 and the forecast of the market for 2017–2021. The study includes a breakdown of the market by 14 subsegments, 3 geographic regions, and public cloud versus on-premises/other software deployment methods. It also includes a discussion of key market drivers and inhibitors as well as guidance to vendors."The BDA software market, which in 2016 reached $49.1 billion worldwide, is expected to grow at a five-year CAGR of 10.6%. There are three significant shifts happening in the BDA market that are reflected in this forecast: first, the rapid growth of data management software based on nonrelational databases; second, the ongoing shift to public cloud; and third, growth in automation reflected in the high growth rate of cognitive/AI software," said Chandana Gopal, research manager, IDC's Business Analytics.

IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Business Intelligence and Analytics Tools
Analytic Data Management and Integration Platforms
Analytic and Performance Management Applications
Market Forecast
Market Context
Drivers and Inhibitors
Digital Transformation Initiatives
Availability of Data
Demand for Predictive and Prescriptive Analytics
Open Source Technology Options
Significant Market Developments
Changes from Prior Forecast
Market Definition
Historical Market Values and Exchange Rates
Forecast Market Values and Exchange Rates
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