Big Data – Forecasts

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.

ABI Research

ABI predicted:

  • 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.

Wikibon

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

Screen-Shot-2015-04-30-at-4.01.41-PM

Additionally, Wikibon lists 2013 vendor earning:

Screen Shot 2015-05-20 at 10.41.11 AM

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