Dataconomy
  • News
  • AI
  • Big Data
  • Machine Learning
  • Trends
    • Blockchain
    • Cybersecurity
    • FinTech
    • Gaming
    • Internet of Things
    • Startups
    • Whitepapers
  • Industry
    • Energy & Environment
    • Finance
    • Healthcare
    • Industrial Goods & Services
    • Marketing & Sales
    • Retail & Consumer
    • Technology & IT
    • Transportation & Logistics
  • Events
  • About
    • About Us
    • Contact
    • Imprint
    • Legal & Privacy
    • Newsletter
    • Partner With Us
    • Writers wanted
Subscribe
No Result
View All Result
Dataconomy
  • News
  • AI
  • Big Data
  • Machine Learning
  • Trends
    • Blockchain
    • Cybersecurity
    • FinTech
    • Gaming
    • Internet of Things
    • Startups
    • Whitepapers
  • Industry
    • Energy & Environment
    • Finance
    • Healthcare
    • Industrial Goods & Services
    • Marketing & Sales
    • Retail & Consumer
    • Technology & IT
    • Transportation & Logistics
  • Events
  • About
    • About Us
    • Contact
    • Imprint
    • Legal & Privacy
    • Newsletter
    • Partner With Us
    • Writers wanted
Subscribe
No Result
View All Result
Dataconomy
No Result
View All Result

Three Forecasts You Should Know: Big Data, Business Intelligence & Analytics

by admin
June 25, 2014
in BI & Analytics, News
Home Topics Data Science BI & Analytics
Share on FacebookShare on TwitterShare on LinkedInShare on WhatsAppShare on e-mail

Follow @DataconomyMedia

(Big Data) Hadoop Market Expected to Grow 25x by 2020:

According to a report by Allied Market Research, the global market for Hadoop along with related hardware, software and services is expected to grow at a Compound Annual Growth Rate (CAGR) of 58.2 percent between 2013 and 2020. In 2013, the global Hadoop market accounted for approximately $2 billion in revenues and is estimated to increase by $48.2 billion over the next 7 years. Moreover, Asia-Pacific is forecasted to emerge over the next seven years, “with a compound annual growth for the region pegged at 52.9 percent.”

(Read the report here: Allied Market Research)

(Business Intelligence) Global BI Market Set to Reach $20.81 billion by 2018:


Join the Partisia Blockchain Hackathon, design the future, gain new skills, and win!


Redwood Capital released a report in April forecasting the global business intelligence market by 2018. The report claims that the global BI market is expected to reach $20.81 billion by 2018, up by $13.98 billion in 2013, translating to a Compound Annual Growth Rate of 8.28%

Of all the regions, North America is forecasted to capture nearly half of the global BI market (49%), and according to IDC, SAP was the leader in BI software market in 2012 (with 19.7% share). IBM (14.0%) and SAS (10.3%) came in next when it market share. Among the fastest growing segments in BI – which include Traditional, Mobile, Cloud and Social Business Intelligence – “Cloud based BI is estimated to grow nearly four-fold from $0.75 billion in 2013 to $2.94 billion by 2018, for a CAGR of 31%”.

Screen Shot 2014-06-25 at 09.54.14

(You can download the report for free here: Sector Report on Business Intelligence)

(Analytics) Advanced and Predictive Analytics (APA) Market Forecasted to reach $3.4 Billion by 2018:

The IDC released a report showing that APA software market will grow from $2.2 billion in 2013 to $3.4 billion, representing a CAGR of 9.9%. It was said in a recent Forbes article that the top three vendors in 2013 based on worldwide revenue were SAS ($768.3 million, 35.4% market share), IBM ($370.3 million, 17.1% market share) and Microsoft (64.9 million, 3% market share).

Alys Woodward, research director, Worldwide Advanced and Predictive Analytics, and European Big Data and Business Analytics, in IDC’s Software Research practice commented on the report:

“A wide range of APA solutions from vendors — from traditional modeling platforms through high-volume and high-velocity parallelized architectures to advanced analytical applications that output predictive results to end users — combine with the hype around Big Data and lead business users and technology buyers alike to consider how advanced and predictive analytics can help drive insights and business value from data.”

(Read the report here: IDC)

Read more here

Follow @DataconomyMedia

Interested in more content like this? Sign up to our newsletter, and you wont miss a thing!

[mc4wp_form]

(Image Credit: Flikr)

Tags: Allied Market ResearchBusiness Intelligence NewsletterforecastIDCNewsRedwood CapitalWeekly Newsletter

Related Posts

How did ChatGPT passed an MBA exam

How did ChatGPT passed an MBA exam?

January 27, 2023
What is Analytics as a Service (AaaS): Examples

Transform your data into a competitive advantage with AaaS

January 26, 2023
Google code red: ChatGPT and You.com like AI-powered tools threatening the search engine. Moreover, latest Apple Search rumors increased the danger.

Google code red: ChatGPT, You.com and rumors of Apple Search challenge the dominance of search giant

January 26, 2023
Top 4 business intelligence reporting tools       

Transforming data into insightful information with BI reporting

January 25, 2023
T-Mobile data breach 2023 explained: Learn how did the leak happen and explore T-Mobile data breach history. It is not the first time of the company

T-Mobile data breach 2023: The telecom giant got hacked eight times in the last six years

January 20, 2023
Microsoft layoffs 2023: Amazon job cuts that affect 11,000 employees explained. Big tech layoffs continue... Learn why and what will happen next.

Microsoft layoffs will affect more than 11,000 employees

January 18, 2023

Comments 3

  1. Pat Hennel says:
    9 years ago

    It makes sense to me that BI is going to be more and more adopted globally. We have all this data that we’ve been collecting for years from a million and one sources. Now is the time to do something with it! What does mean? What does it tell us? We need BI systems to guide us.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

LATEST ARTICLES

BuzzFeed ChatGPT integration: Buzzfeed stock surges after the OpenAI deal

Adversarial machine learning 101: A new cybersecurity frontier

Fostering a culture of innovation through digital maturity

Nvidia Eye Contact AI can be the savior of your online meetings

How did ChatGPT passed an MBA exam?

AI prompt engineering is the key to limitless worlds

Dataconomy

COPYRIGHT © DATACONOMY MEDIA GMBH, ALL RIGHTS RESERVED.

  • About
  • Imprint
  • Contact
  • Legal & Privacy
  • Partnership
  • Writers wanted

Follow Us

  • News
  • AI
  • Big Data
  • Machine Learning
  • Trends
    • Blockchain
    • Cybersecurity
    • FinTech
    • Gaming
    • Internet of Things
    • Startups
    • Whitepapers
  • Industry
    • Energy & Environment
    • Finance
    • Healthcare
    • Industrial Goods & Services
    • Marketing & Sales
    • Retail & Consumer
    • Technology & IT
    • Transportation & Logistics
  • Events
  • About
    • About Us
    • Contact
    • Imprint
    • Legal & Privacy
    • Newsletter
    • Partner With Us
    • Writers wanted
No Result
View All Result
Subscribe

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Policy.