APEJC Big Data and Analytics Software Forecast, 2023–2027
This IDC study presents a five-year forecast for the BDA software market from 2022 to2027. It represents IDC's inaugural forecast for this market and uses 2022 as the baseline year."In the ever-evolving landscape of data-driven innovation, the Asia/Pacific (excluding Japan and China) (APEJC) region leads the charge, seamlessly integrating diverse digital strategies to harness the full potential of analytics. As we embark on this journey, continuous enhancements to our tools will not only adapt to the shifting demands of this dynamic realm but also unlock boundless opportunities for innovation and growth, propelling enterprises toward a future shaped by data-driven insights," says Swapnil Shende, associate research manager, IDC.
Please Note: Extended description available upon request.
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Forecast by Segment
Forecast by Deployment Type
Forecast by Country
Market Context
Drivers and Inhibitors
Drivers
The Role of Hybrid Cloud Infrastructure
Data Warehouse and Data Lakehouse Paving the Way
Growing Demand for Real-time Data Analytics
Inhibitors
Persistent Talent Gap
Economic Uncertainty and Geopolitical Tensions
Significant Market Developments
Changes from Prior Forecast
Market Definition
Analytic Data Management and Integration Platforms