Worldwide Content Analytics, Discovery, and Cognitive Systems Software Forecast, 2015–2019
This IDC study presents a view of content analytics, discovery, and cognitive systems software revenue from the historical year 2014 through the five forecast years of 2015–2019. It includes breakdowns by cloud versus on-premise and geographic regions."We continue to see the content analytics, discovery, and cognitive systems software market experience strong growth, which we believe will continue in 2015 and beyond. IDC expects the overall market growth to grow significantly in the 2015–2019 forecast period with a CAGR of 15%," says David Schubmehl, research director at IDC. "Unstructured data is fueling a renaissance in the handling and analysis of information, resulting in a new generation of tools and capabilities that promise to offer intelligent assistance, advice, and recommendations to consumers and knowledge workers around the world. In particular, cognitive systems are providing cloud- and mobile-based platforms through which these intelligent assistants will operate, using knowledge graphs and databases built through the use of content analytics."