More Big Data Analytics Market Size Numbers
December 13, 2015
I read “IBM, SAS, and SAP Do0minatge Big Data Analytics Market, but Challengers Remain.” The write up contained one of those wild and wooly market estimates. I love these confections. Many gobble down the figures because, like cupcakes, the sweet looks so darned tasty.
Here’s the passage I highlighted:
Big Data analytics software revenues will experience strong growth in the coming years, doubling its current global 2015 revenue of $US36.20 billion to $US 73.77 billion by 2021 and reaching $US81 billion by 2022, a compound annual growth rate of 12 per cent in the next seven years.
Here’s another number:
Drilling down into industry specifics, findings also claim that the Big Data analytics healthcare vertical segment will grow from $US7.964 billion in software revenue in 2015 to $US17.031 billion in 2022, a CAGR of 11 percent worldwide.
Seven years. Okay. There is no explanation about the method used to cook up the data. That’s fine. Who reads the label on a box of Cap’n Crunch?
The write up identified some companies posing a challenge to the Big Data analytics leaders IBM, SAS, and SAP. I found this list fascinating:
- Bosch
- Cisco
- Dell
- General Electric
- Intel
- Microsoft
- Oracle.
Life is tidy when the pool of players consists of publicly traded companies. What about the minnows not on the list? Presumably the big folks need not worry about upstarts.
Stephen E Arnold, December 13, 2015
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