Big data technology will maintain a compound annual growth rate of 34.1% in the next few years

Source: Internet
Author: User
Keywords Big Data IDC
Tags analysis analytics asia pacific big data big data technology continuing data market

According to IDC's forecast, the Asia Pacific (APeJ) big data technology and services market outside Japan will maintain its compound growth rate of 34.1% in a few years, from 2012 to a total value of 548.4 million U.S. dollars 23.8 billion dollars by 2017.

According to the IDC report "Big Data Technology and Services in Asia Pacific 2013 to 2017 Analysis and Outlook: Continuing the Technology + Transition Trip, Next Stopping for Innovation," the investment in big data and analytics is widespread and enthusiastic across the APeJ region The momentum. However, many big data projects are still focused on optimizing existing business processes and improving customer incentives.

The IDC study explores the Big Data technology and services market from 2011 to 2017. The Big Data market is a converged universe of storage, servers, networking, software (such as information management software, discovery and analysis software, and application software), and service markets. The involvement of many segments allowed the study's The conclusion is more comprehensive.

Starting with the future, IDC looks at revenue streams that include public cloud and infrastructure-as-a-service (IaaS) vendors, taking into account the percentage of big data components used in such infrastructure.

This market is also expected to take into account another additional category, the maturity of existing deployment programs. The 13 major markets in Asia Pacific (excluding Japan) or APeJ are grouped into three categories: Leading, Midstream, and Start. IDC looks at the actual influencing factors at different levels of maturity, including levels of competition, government stability and the process of urbanization.

"IDC believes businesses in the region will continue to focus their attention on innovative projects to expand their application of high-precision analytics solutions and gain more experience while managing complex data environments." APeJ Big Data, Analytics, and Enterprise Applications Daniel-Zoe Jimenez, Senior Project Manager.

What is reflected in the observations is the dramatic increase in the collection and analysis of social interaction data over the past year, Jimenez explaining that big data is a constantly evolving subject and IDC expects this trend to continue. "In the coming years, IDC expects to increase its focus on the identification of geo-location information, which will promote the emphasis on legal boundaries and privacy protection, and we expect this conclusion to reach the entire area of ​​APeJ Market. "

Craig Stires, director of big data and analytics research at APeJ, points out that businesses in Australia and Singapore are already struggling to capitalize on big data to increase customer engagement.

"Leading groups in these countries and regions are expected to increase their input into services in terms of overall big data spending, mainly because each country will focus its resources on consulting resources at a relatively high price, and in the light of emerging best practices Design and implement the solution, "Stires said.

"In the midstream category, we found that countries often traditionally do not place too much emphasis on analytic culture, and the main challenge they face is the sheer size of the new data. China and India are investing heavily in research and development of big data, Future infrastructure spending driven by the construction of very large data centers. "

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