Big Data Vendor Revenue And Market Forecast 2012-2017

BigDataRevenues

The hype surrounding Big Data, which showed no signs of abating in 2012, now has big dollars backing it up. Factory revenue generated by the sale of Big Data-related hardware, software and services took a major step forward in 2012, growing by 59% over 2011(a).

The total Big Data market reached $11.4 billion in 2012, ahead of Wikibon’s 2011 forecast. The Big Data market is projected to reach $18.1 billion in 2013, an annual growth of 61%. This puts it on pace to exceed $47 billion by 2017. That translates to a 31% compound annual growth rate over the five year period 2012-2017.

 

Matt Floyd‘s insight:

What’s amazing is how much Teradata’s revenues come from Big Data. Look — Oracle is over 12 times the size of Teradata, but Teradata has 16 times the revenue in Big Data than Oracle.

See on wikibon.org

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