[CIO] BigDataFr recommends: IDC says big data spending to hit $48.6 billion in 2019

BigDataFr recommends: How big data is changing the database landscape for good

The market for big data technology and services will grow at a compound annual growth rate (CAGR) of 23 percent through 2019, according to a forecast issued by research firm International Data Corp. (IDC) on Monday. IDC predicts annual spending will reach $48.6 billion in 2019.
IDC divides the big data market into three major submarkets: infrastructure, software and services. The research firm expects all three submarkets to grow over the next five years, with software — information management, discovery and analytics and applications software — leading the charge with a CAGR of 26 percent.[…]

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By Thor Olasvrud
Source: cio.com

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