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Oct 2017 - Market Forecast - Doc # EMEA42109517

Western Europe Big Data and Analytics Software Forecast, 2017–2021

By: Helena Schwenk

Abstract

This IDC study presents a view of BDA revenue in Western Europe from historical year 2016 through to the 2017–2021 forecast period.

"The Western Europe BDA software market, which in 2016 reached $12.2 billion, is expected to grow with a five-year CAGR of 7.9%. At a time of digital transformation, we see three significant developments impacting the BDA market: the transition to public cloud as organizations embrace hybrid BDA architectures, the move to facilitate greater access to business insights to support data-driven decision making at all levels of the organization, and investments in more advanced analytic technologies to drive deeper value and insight from data," said Helena Schwenk, research manager, IDC's European Big Data and Analytics.


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