Is the Big Data Analytics Market Growing or Slowing?

At first glance, recent predictions for the big data analytics market appear contradictory. According to IDC’s Worldwide Semiannual Big Data and Analytics Spending Guide, the big data and business analytics market will grow by 13.1 percent to $130 billion by 2020.

But in a news release citing a recent online survey among Gartner Research Circle, Gartner says: “The survey revealed that 48 percent of companies have invested in big data in 2016, up 3 percent from 2015. However, those who plan to invest in big data within the next two years fell from 31 to 25 percent in 2016.

Author: Roger Nolan


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