TRENDING
TOP INDUSTRY BASED ON 2016
MARKET SHARE
51.7%
$130.1 B
7.4%
13.1%
7.6%
8.4%
11.9%
Banking
Federal/Central Government
Discrete Manufacturing
Professional Services
Process Manufacturing
Others
Source: IDC Worldwide Semia annual Big Data and Analytics Spending Guide, 2015H2
with nearly a quarter of the
worldwide revenues coming from
companies with fewer than 500
employees.
Technology investments will be
led by IT and business services,
which together will account for
more than half of all big data
and business analytics revenue
for most of the forecast period.
Services-related spending will
also experience the strongest
growth throughout the forecast,
with a five-year CAGR of 14.9%.
Software investments will grow to
more than $60 billion in 2020, led
by purchases of End-User Query,
Reporting and Analysis Tools and
Data Warehouse Management
Tools. Content Analytics Tools and
CRM Analytic Applications will
www.intelligentcio.com
see above-average growth (CAGRs
of 18.5% and 10.4% respectively)
as companies expand their big data
and analytic activities. Hardware
investments will grow at a CAGR
of 8.7%, reaching $29.9 billion in
2020.
From a geographic perspective, more
than half of all big data and business
analytics revenues will come from
the United States. By 2020, IDC
forecasts that the US market for big
data and business analytics solutions
will reach more than $95 billion. The
second largest geographic region
will be Western Europe, followed by
Asia/Pacific (excluding Japan) and
Latin America. The two regions with
the fastest growth over the five-year
forecast period will be Latin America
and the Middle East & Africa.
The Worldwide Semiannual Big
Data and Analytics Spending
Guide is designed to address
the needs of organizations
assessing the big data and
business analytics opportunity
by geography, industry, and
company size. The Spending
Guide provides subscribers
with revenue projections for 15
technology and service categories
across 19 industries, five company
size bands, and 53 countries.
Unlike any other research in the
industry, the comprehensive
Spending Guide was designed
to help IT decision makers to
clearly understand the industryspecific scope and direction of
big data and business analytics
opportunity today and over the
next five years.
INTELLIGENTCIO
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