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Market Research Report

European Big Data and Analytics Software Forecast, 2020-2024

Published by IDC Product code 997180
Published Content info 27 Pages
Delivery time: 1-2 business days
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European Big Data and Analytics Software Forecast, 2020-2024
Published: March 26, 2021 Content info: 27 Pages
Description

This IDC Market Forecast study presents a view of analytics software revenue in Europe from historical year 2019 through to the 2020-2024 forecast period."The complexity and scale of data being produced and used by businesses across sectors are more than humans can handle," said Wiktor Markiewicz, senior market analyst, IDC EMEA. "Much of the data already resides in the cloud, and the cloud is the best place for data storage. Also, many organizations have started adopting AI for cloud-based Big Data analytics to tackle data and improve their processes."

Table of Contents
Product Code: EUR145314420

IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Market Forecast

  • Big Data and Analytics Software Market Breakdown
  • Regional Distribution
  • Deployment type

Market Context

  • Drivers and Inhibitors
    • Drivers
      • AI and Automated Data Analytics
      • Demand for Public Cloud
      • Digital Transformation Driving Data Democratization
    • Inhibitors
      • Shortage of Skills
      • Data Security and Privacy
  • Significant Market Developments
  • Changes from Prior Forecast

Market Definition

Methodology

Related Research

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