TECH SUPPLIER Feb 2020 - Market Forecast - Doc # CA45813120

Canadian Big Data and Analytics Software Forecast, 2020–2023

By: Warren ShiauResearch Vice President, Vijay KumarSenior Analyst

Abstract

This IDC study examines the Canadian Big Data and analytics software market in terms of software spending and market developments.

"The Canadian Big Data and analytics (BDA) software market reached $2,098.2 million in 2018 and is expected to grow at a five-year CAGR of 9.4%. BDA is a foundational market for digital transformation, but operationalizing data science investment fails too often. That's the issue tech vendors need to help customers address," says Warren Shiau, research vice president, Business Insights, IDC Canada.


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