TECH SUPPLIER Jul 2020 - Market Share - Doc # US46651120
Worldwide Big Data and Analytics Software Market Shares, 2019: Investment in Data Continues
By: Chandana GopalResearch Director, Future of Intelligence, Dan VessetGroup Vice President, Analytics and Information Management, Carl W. OlofsonResearch Vice President, Data Management Software, Stewart BondResearch Director, Data Integration and Data Intelligence Software, David SchubmehlResearch Vice President, Conversational Artificial Intelligence and Intelligent Knowledge Discovery, Maureen FlemingProgram VP, Worldwide Intelligent Process Automation Market Research and Advisory Service
This IDC study highlights the shares of the largest vendors in the worldwide Big Data and analytics software market for the calendar year 2019. This document also highlights the trends and significant developments in the market.
The Big Data and analytics market continued its strong growth in 2019 as enterprises strive to get more data driven in their decision making. Public cloud deployments outpaced on-premises deployments as enterprises and all 16 subsegments of the BDA market saw growth.
According to Chandana Gopal, research director, Business Analytics Solutions at IDC, "The BDA market will certainly be impacted in second half of 2020 and beyond due to the global pandemic, but once the economic climate improves, there will be a rebound in BDA investments."
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