Big data is an emerging technology that is currently receiving a lot of attention. My earlier post gives a primer on some of the terms and issues.
Investors are interested in the potential for appreciation in this market. There are several recent forecasts.
- Global spending on big data by organizations will … [reach] $114 billion in 2018.
- The forecast includes the money spent on internal salaries, professional services, technology services, internal hardware, and internal software.
Wkibon expects growth from about $33 billion this year to $45 billion in 2018, and to $85 billion in 2026. The define Big Data industry as:
revenue associated with the sale of Big Data-related hardware, software and professional services
Additionally, Wikibon lists 2013 vendor earning: