IDC has released the latest forecast on the Big Data and Analytics Software market.
IDC expects current geopolitical developments will have a mild impact on the growth of the Big Data and Analytics Software market, with a positive outlook for the future.
Three main factors are positively affecting the expansion of the big data and analytics market: the importance of data in the modern enterprise, the ongoing shift to public cloud, and the rise of artificial intelligence and machine learning within enterprise applications, IDC said.
