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Worldwide Big Data and Analytics Software Forecast, 2023–2027

Publisher IDC
Published Jul 26, 2023
Length 20 Pages
SKU # IDC18089970

Description

Worldwide Big Data and Analytics Software Forecast, 2023–2027


This IDC study presents the historical view of the worldwide BDA software market for 2018–2022 and the forecast of the market for 2023–2027. The study includes a breakdown of the market into five segments. Each of these segments are further categorized into subsegments, three geographic regions, and two deployment methods (public cloud and on premises/others). The study also includes a discussion of key market drivers and inhibitors as well as guidance to vendors. "The size and complexity of the data environment are expanding alongside the demand to activate all the data and derive value from it to ensure differentiation in the digital business era," said Dan Vesset, group VP of IDC's Data and Analytics market research practice. "We expect to see continued strong demand across big data and analytics market segments, from platforms for data management to tools for BI and data science and packaged analytics applications and decision intelligence solutions."

Please Note: Extended description available upon request.

Table of Contents

20 Pages
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Availability of GenAI Functionality
Continued Growth in Data Warehouse and Data Lakehouse Adoption
Demand for Hybrid Cloud Architectures
Inhibitors
Macroeconomic and Geopolitical Disruptions
Cloud Migration and Adoption
Significant Market Developments
Changes from Prior Forecast
Market Definition
Business Intelligence and Analytics Tools and Platforms
Business Intelligence Software
Advanced and Predictive Analytics Software
Analytic Data Management and Integration Platforms
Relational Data Warehouses
Nonrelational Analytic Data Stores
Analytic Data Integration and Integrity Tools
Continuous Analytics Tools
Enterprise Performance Management and Analytic Applications
Enterprise Performance Management Applications
Analytic Applications
Production Planning Applications
Workforce Analytic Applications
Supply Chain and Product Analytic Applications
Services Operations Analytic Applications
Customer Relationship Analytic Applications
Artificial Intelligence Software Platforms
Location and Geospatial Data Management and Analytics Software
Methodology
Historical and Forecast Market Values and Exchange Rates
Related Research

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