Biz Analytics Software Mkt To Grow 10% In Five Years

MarketResearch.com has announced the addition of “Worldwide Business Analytics Software 2012-2016 Forecast and 2011 Vendor Shares,” to their collection of Software & Enterprise Computing market reports.

This IDC study examines vendor revenue performance in the business analytics software market for 2009-2011 and presents a forecast of the market, including its 12 segments, for 2012-2016. The study further presents short profiles of the leading business analytics software vendors and IDC’s competitive market map of this market as well as of the analytic applications segment of the market.

“Driven by the attention-grabbing headlines for Big Data and over three decades of evolutionary and revolutionary developments in technology and best practices, the business analytics software market has crossed the chasm into the mainstream mass market,” said Dan Vesset, program vice president for IDC’s Business Analytics Solutions. “IDC expects the business analytics software market to grow at a 10.1 percent compound annual growth rate over the next five years.”