Europe's big data and analytics software market will be 'reshaped' by generative AI - IDC

The market research firm predicts "uninhibited” growth of data analytics and AI solutions will drive demand for business intelligence and analytics tools and platforms

Kelsey Rees
clock • 2 min read
Europe's big data and analytics software market will be 'reshaped' by generative AI - IDC

Emerging agendas revolving around generative AI and ESG are expected to transform data utilisation approaches over the coming years in Europe.  That is according to IDC, which predicts a "quite limited" effect of the current economic developments on the growth of the European big data and analytics software market. The research firm's Semiannual Big Data and Analytics Software Tracker found that the ongoing Russia-Ukraine war and inflation in Europe have mildly affected the markets in W...

To continue reading this article...

Join Channel Partner Insight

  • Exclusive news, insight and analysis for the IT channel across the US and Europe
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with an exclusive members-only podcast
  • Breaking news stories delivered straight to your inbox daily

Join now

 

Already a member?

Log in

More on Research

IoT spend in Europe will reach almost $230bn in 2023 - IDC

IoT spend in Europe will reach almost $230bn in 2023 - IDC

The firm predicts spending on analytics software will increase, as organisations strive to turn data collected by connection endpoints into actionable insights

Andrea Gaini
clock 03 July 2023 • 3 min read
European software will see growth until 2027, says IDC

European software will see growth until 2027, says IDC

Demand for improved resilience and automation will drive the market

Andrea Gaini
clock 09 June 2023 • 2 min read
DACH Vs UK: How do the markets compare in 5 key channel areas?

DACH Vs UK: How do the markets compare in 5 key channel areas?

Strong public cloud growth predicted in Germany, with increased demand in the UK for high-end data practices

Stuart Sumner
clock 07 June 2023 • 6 min read