This IDC study examines Big Data technology and services market for 2011–2016. The study describes IDC's definition of Big Data and the criteria and methodology for sizing the market. Further, the study segments the Big Data market into server, storage, networking, software, and services.
"The Big Data market in Asia/Pacific is gaining recognition, and is building the momentum that will deliver a strong acceleration in 2–3 years time. Vendors will continue to compete with to define and lead the market with their respective products and services. This will drive the market to demand narrower spectrums of solutions within Big Data, with proven business potential. The opportunities for competitive advantage and transformative change to businesses will provide an increasingly lucrative market for Big Data solution providers," says Craig Stires, research director for IDC Asia/Pacific's Business Analytics Solutions. "IDC expects the Big Data technology and services market in Asia/Pacific to grow at a 46.8% compound annual growth rate through 2016."