IDC Launches Worldwide Business Analytics Software Tracker - Market Is Expected to Reach $33.9 Billion in 2012, Up 8.2% from 2011
17 Jan 2012
FRAMINGHAM, Mass., January
17, 2012 – International Data Corporation (IDC) today announced the
launch of the industry's first global tracker covering the business analytics software market on a semiannual basis. The Worldwide Semiannual Business Analytics
Tracker covers 12 segments within the BA (Business Analytics) market,
providing semiannual vendor share information and a five-year annual forecast
across a total of 49 countries.
Out of the 12 BA markets, five contributed revenues of more
than $1 billion globally on a semiannual basis: End-User Query, Reporting, and
Analysis (Standalone and Embedded); Data Warehouse Management; Financial
Performance and Strategy Management Applications; CRM Analytics Applications; and
Data Warehouse Generation. During the first half of 2011, they represented 73%
of total BA market with impressive year-over-year growth of 13.8%.
Individually, the top performing markets were Data Warehouse Management, CRM
Analytics, and Data Warehouse Generation.
"This cycle, we expanded our global software tracker
portfolio with the introduction of Business Analytics market coverage,"
said Wilvin Chee,
associate vice president, Worldwide Software Trackers. "These markets are
considered to be among the fastest growing opportunities within the software
industry. IDC believes its in-depth coverage will deliver great value to
companies planning their investment opportunities or exploring acquisition
growth strategies."
The United States, unsurprisingly, was the dominant country
market with a 44% share during 2011 and it is expected to perform well with
8.6% growth expected in 2012. Asia/Pacific (excluding Japan), Central and
Eastern Europe, the Middle East and Africa (CEMA), and Latin America are
forecast to drive the highest growth opportunities in 2012. In these three
regions a total of 15 countries will register solid double-digit growth. From a
market perspective, IDC expects five markets to perform above the market
average in 2012. They are Advanced Analytics (Standalone and Embedded), Data
Warehouse Management, Data Warehouse Generation, End-User Query, Reporting, and
Analysis (Standalone and Embedded), and Workforce Analytics Applications.
"After three decades, the business analytics market is
finally reaching the mainstream market and a status as a formal management
discipline," said Dan Vesset,
program vice president, Business
Analytics Solutions. "The demand for business analytics
solutions is expected to increase as the awareness of the benefits of the
technology and related business practices to improve decision making and
analytics processes spreads. Although the market forecast is first and foremost
dependent on the overall world economy, there are few growth inhibitors in the
foreseeable future."
More than 300 vendors are being tracked across all 12 BA
markets. Oracle held the top spot during first half of 2011 with 20% global
market share and 17.9% semiannual year-over-year growth. Its closest
competitors (SAP, IBM, SAS Institute, and Microsoft) also impressed with
double-digit growth during the same period. In total, there were 14 vendors
that managed to surpass $100 million in global BA revenues during the first
half of 2011. Among them, Informatica, MicroStrategy, Infor, and QlikTech had
the strongest growth.
IDC's Worldwide Semiannual Business
Analytics Tracker provides market size and vendor share for a total
of 12 markets within Business Analytics. Measurement for this tracker is total
software revenue, which includes license plus maintenance plus SaaS and other
subscription revenue. The Tracker covers up to 49 nations in total. Annual
five-year market forecasts for this Tracker are updated semiannually and
available at worldwide, regional, and country levels.
For more information about IDC's Worldwide Semiannual Software
Trackers, please contact Kathy Nagamine at
650-350-6423 or knagamine@idc.com.
About IDC
International Data Corporation
(IDC) is the premier global provider of market intelligence, advisory services,
and events for the information technology, telecommunications, and consumer
technology markets. IDC helps IT professionals, business executives, and the
investment community to make fact-based decisions on technology purchases and
business strategy. More than 1,000 IDC analysts provide global, regional, and
local expertise on technology and industry opportunities and trends in over 110
countries. For more than 47 years, IDC has provided strategic insights to help
our clients achieve their key business objectives. IDC is a subsidiary of IDG,
the world's leading technology media, research, and events company. You can
learn more about IDC by visiting www.idc.com.
Companies Covered:
Oracle Corporation,
SAP AG,
IBM,
QlikTech Denmark ApS,
MicroStrategy Incorporated,
Microsoft Corporation
Regions Covered:
Asia Pacific,
Middle East and Africa,
United States
Topics Covered:
Analytic applications,
Applications,
Customer relationship management applications,
Software
Contact
For more information, contact:
Dan Vesset
dvesset@idc.com
508-935-4257
Michael Shirer
press@idc.com
508-935-4200
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