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Market Research Report

Nordic Big Data and Analytics Software Forecast, 2019-2023

Published by IDC Product code 930205
Published Content info 23 Pages
Delivery time: 1-2 business days
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Nordic Big Data and Analytics Software Forecast, 2019-2023
Published: March 24, 2020 Content info: 23 Pages
Description

This IDC Market Forecast study presents a view of BDA revenue in Nordics from historical year 2018 to the 2019-2023 forecast period."The Nordic market for Big Data and analytics software reached $1.8 billion in 2019, and it is expected to continue growing. Recent developments in COVID-19 strains all predictions, and we will update this forecast as soon as there is a possibility to have a reasonable basis for a new forecast. The current and most likely scenario is a reasonably swift return to growth. Growth drivers for BDA software and services is strong. Suppliers must look beyond the current crisis and prepare for different growth scenarios, taking the opportunity to overcome their shortcomings that were previously inhibitors to growth," said Martin Sundblad, research manager, IDC Nordics.

Table of Contents
Product Code: EUR146136720

IDC Market Forecast Figure

Executive Summary

  • Important Initial Note

Advice for Technology Suppliers

Market Forecast

  • Regional Distribution
  • BDA Spending by Industry
  • Deployment Type

Market Context

  • Drivers and Inhibitors
    • Drivers
      • Big Data for Digital Transformation
      • Internet of Things
      • Artificial Intelligence Adoption in BDA processes, Including its Use in Semi-Automation of BDA Processes
    • Inhibitors
      • Prolonged Outbreak of COVID-19
      • Availability of Skills and Experience
  • Significant Market Developments
  • Changes from Prior Forecast

Market Definition

Methodology

Related Research

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