Forecast: 2016 big data technology market revenue will reach 23.8 billion US dollars

According to a report released by IDC some time ago, the CAGR of the global big data technology and service market will reach 31.7%, and its revenue in 2016 will reach US $ 23.8 billion, an increase of about Seven times as fast as the overall growth in the information and communications technology (ICT) market. In the vast majority of existing and emerging segments, the integration of technology and services in the big data market is shaping a rapidly growing momentum. Although there are many possibilities for the development of the situation and there are many variables in supply and demand, IDC believes the market will continue to show strong growth during 2012-2016.

According to Dan Vesset, vice president of business analytics and big data research at IDC, "The big data technology and services market is rapidly growing and has brought billions of dollars to the global market, and it has become one of many executives' agenda Important issues, and it brings a host of attractive job opportunities for people with the right skills, analytics, communications and expertise. "

IDC's findings also include the following:

1. The growth rates of various market segments ranged from 21.1% in the service market to 53.4% ​​in the storage market. Compared with other infrastructure market segments, the storage market has the highest compound annual growth rate, thanks to the double utilization of storage capacity in the current big data environment.

2. Analysis and the shortage of big data technology capabilities will drive more and more buyers to cloud solutions and cloud devices. In order to solve the shortcomings of the above technologies, automation will receive more attention in the information management and analysis life cycle. More and more companies will no longer focus solely on technology outsourcing but will seek to outsource the analysis services.

3. Big data solutions for machine-generated data will win more attention after the 2012-2016 forecast period.

Ashish Nadkarni, Research Director, Storage Systems and Big Data Research, IDC, said: "IDC will continue to track trends in the big data market and improve the research methodology, and in terms of infrastructure, we've added big data to this latest report Cloud infrastructure analysis content; on the software side, we have added a more granular analysis of the three key segments of the big data software market. "

The Big Data Technology and Services Market 2012-2016 Forecast (IDC # 238746) analyzes the big data technology and services market from 2012 to 2016, presents IDC's definition of big data, and IDC analyzes the size of the market Standards and methods. In addition, the report breaks down the big data market into niche markets for servers, storage, networking, software and services. Since that report, IDC's projections have included a proportion of revenue from service providers for public cloud and infrastructure as a service, which IDC believes is complementary to running big data on infrastructure.