Big Data Analytics Trends: 17 Trends for 2017

Big Data just keeps getting bigger, in a popularity sense. A new IDC report predicts that the Big Data and business analytics market will grow to $203 billion by 2020, double the $112 billion in 2015. The banking industry is projected to lead the drive and spend the most, which is not surprising, while IT and businesses services will lead most of the tech investing. Overall, IDC finds that the banking, discrete manufacturing, process manufacturing, federal/central government, and professional services will account for about 50% of the overall spending. Not surprisingly, some of the biggest big data analytics spending — about $60 billion — will go toward reporting and analysis tools. That’s what analytics is all about, after all. Hardware investment will reach nearly $30 billion by 2020. So as…

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