Worldwide Big Data and Analytics Software Market Shares, 2022: Continued Growth Amid a Slowing Economic Environment

Worldwide Big Data and Analytics Software Market Shares, 2022: Continued Growth Amid a Slowing Economic Environment

This IDC study highlights the shares of the largest vendors in the worldwide big data and analytics software market as well as trends and significant development for the calendar year 2022. The BDA market in this study is represented by 14 market 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. We expect to see continued strong demand across big data and analytics market segments as presented in Worldwide Big Data and Analytics Software Forecast, 2023-2027 (IDC #US50117823, July 2023).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."In 2022, the big data and analytics market crossed the $100 billion mark in vendor revenue for the first time. The market, which grew 15.6%, remains highly competitive and resilient in a slowing economic environment," said Raymond Huo, senior research analyst, Business Analytics and Decisioning Market Research Practice at IDC.

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