Worldwide Big Data and Analytics Software Market Shares, 2021: Business Intelligence, Enterprise Performance Management, Data Platforms, Geospatial Analytics, and Advanced Analytics

Worldwide Big Data and Analytics Software Market Shares, 2021: Business Intelligence, Enterprise Performance Management, Data Platforms, Geospatial Analytics, and Advanced Analytics

This IDC study highlights the shares of the largest vendors in the worldwide big data and analytics (BDA) software market as well as trends and significant developments for the calendar year 2021. The BDA market in this study is represented by 14 segments, 3 geographic regions, and 2 deployment methods. The study also includes a discussion of key market drivers and inhibitors as well as guidance for technology suppliers. The data presented in this study is derived from IDC's Worldwide Semiannual Big Data and Analytics Software Tracker, which includes additional detailed market size data by company, country, and deployment type, as well as IDC's Worldwide Semiannual Big Data and Analytics Spending Guide, which segments the same market by industry and buyer company size."Big data and analytics software and cloud services market reached $90 billion in 2021. Demand for decision support, decision augmentation, and decision automation technology remains strong. While macroeconomic and geopolitical headwinds temper spending, the uncertainty they create also drives demand for data-driven and data-informed decision making, and all the technology to enable these goals," commented Raymond Huo, senior research analyst, and Dan Vesset, group vice president, Business Analytics and Decisioning Software at IDC.

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