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TECH SUPPLIER Sep 2019 - Market Forecast - Doc # EUR145443019

Western Europe Big Data Technology and Services Forecast, 2018-2023

By: David WellsSenior Research Manager, Erica SpinoniResearch Analyst, European Software

Abstract

This IDC Market Forecast provides historical data for 2018 and a revenue forecast of the Big Data technology and services market for Western Europe for 2019 to 2023.

"The Big Data technology and services market is expected to continue to grow strongly over the forecast period," said David Wells, senior research manager, IDC European Software. "Investments in BDA will be boosted by the availability of artificial intelligence (AI) and statistical functionality to semi-automate many steps of the analytics life cycle, from data location and ingestion through to advanced analytics, improving adoption speed and business value. The availability of repositories of information about data that is being analyzed and how it is already being used — and could be used in the future — will become a key differentiator. Such data catalogs must be comprehensible both to line-of-business (LOB) data users and to IT professionals and facilitate their cooperation."


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