Around 53% of organisations in the Asia Pacific region excluding Japan (APEJ) have adopted, or plan to adopt, big data and analytics technologies, according to a new IDC report.
According to IDC, enterprises in the APEJ region are in the early stages of big data and analytics adoption due to the lack of trained professionals and data science skills. Despite this, the Asia/Pacific (Excluding Japan) Big Data and Business Analytics Services Market Opportunities, 2016 report forecasts that big data and analytics-related services marketing will grow from US$3.8 billion to US$7.0 billion in 2019 at a 16.3% compound annual growth rate. This will be driven by the growing demand for analytics-related systems integration.
“Enterprises are overwhelmed with massive amounts of data, and additionally, mobility and internet of things are adding to this exponential growth and complexity,” said Sherrel Roche, senior market analyst for IT Services at IDC Asia Pacific. “This in turn is facilitating enterprises to relook at their big data and analytics strategy and leverage the growing data to make quick and right decisions to achieve business goals.”
As the big data and analytics market matures, IDC predicts that there will be growing interest in cloud-based delivery of business analytics services, security analytics services and predictive analytics.
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