Big data will drive $232 billion in spending through 2016. It will directly or indirectly drive $96 billion of worldwide IT spending in 2012, and is forecast to drive $120 billion of IT spending in 2013.
Gartner Research published the results today. They draw several conclusions from their research:
Big data is not a distinct market.
Written by: Peter Dinham | Published in: MarketThe social media market continues on its merry way with booming revenues and the number of users to top one billion this year as the market matures and social websites become more innovative in their ad product offerings to marketers.
Written by: Peter Dinham | Published in: Cloud ComputingWorldwide IT spending is on track to reach US$3.6 trillion this year with a modest three percent increase from 2011 spending of $3.5 trillion, and with enterprise spending on public cloud services one significant growth area in what analyst firm, Gartner, describes as a “lacklustre growth outlook” for the global IT market.
Spending on data centre hardware in Australia is expected to reach $1.83 billion this year, up 8.8 percent over last year, with forecasts predicting a significant consolidation and reduction in the number of centres over the next few years.
Worldwide business intelligence platform, analytic applications and performance management software revenue hit US$12.2 billion in 2011, a 16.4 percent increase from 2010 revenue of US$10.5 billion, to take the position as the year’s second-fastest growing sector in the overall worldwide enterprise software market.
We’ve been wowed by the record breaking Black Friday and Cyber Monday spending data, but it looks like consumers are continuing to spend online for holiday shopping.
Written by: Peter Dinham | Published in: MarketGrowth in the Asia Pacific Big Data market is expected to accelerate rapidly in two to three years time, from a mere US$258.5 million last year to in excess of $1.76 billion in 2016, with highest growth in the storage segment.
Written by: Peter Dinham | Published in: MarketBusiness analytics software and services company, SAS, easily outstrips its competitors in the global advanced analytics market, ending last year with a marketshare of 35.2 percent, well ahead of IBM, according to a newly released report by IDC.
Written by: Peter Dinham | Published in: MarketThe worldwide optical networking (ON) equipment market declined in the second quarter, with spending down overall, despite modest growth in the Asia-Pacific region and solid growth in spending in the South and Central American region compared to the same quarter last year.
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