The big data software management market is exploding in value, and it will be dominated by three major trends in 2017, says a new report.

With more services than ever offering streaming, the growth if the Internet of Things and through continuing development of machine learning, information tech managers face opportunities and challenges in these segments, says research firm Ovum.

“Big data continues to be the fastest-growing segment of the information management software market,” Ovum reports.

The U.K. based firm estimates that the big data market “will grow from $1.7bn in 2016 to $9.4bn by 2020, comprising 10 percent of the overall market for information management tooling.”

“Big data has emerged from its infancy to transition from buzzword to urgency for enterprises across all major sectors,” adds Tony Baer, Principal Analyst for Information Management at Ovum. “The growing pains are being abetted by machine learning, which will lower barriers to adoption of big data-enabled analytics and solutions, and the growing dominance of the cloud, which will ease deployment hurdles.”

In its 2017 Trends to Watch: Big Data report, Ovum pegs five categories in particular for 2017:

  • Machine learning will be the biggest disruptor for big data analytics in 2017.
  • Making data science a team sport will become a top priority.
  • IoT use cases will push real-time streaming analytics to the front burner.
  • The cloud will sharpen Hadoop-Spark “co-opetition.”
  • Security and data preparation will drive data lake governance.

Machine learning

“Under the covers, machine learning is already becoming ubiquitous as it is embedded in many services that consumers take for granted. Increasingly, machine learning is becoming embedded in enterprise software and tooling for integrating and preparing data,” Ovum says.

“Machine learning is placing a stress on enterprises to make data science a team sport; a big area for growth in 2017 will be solutions that spur collaboration, so the models and hypotheses that data scientists develop do not get bottled up on their desktops.”

Streaming

AT&T through its new streaming offer joins a growing number of online entertainment providers. And Ovum sees “real-time streaming” as a trend setter.

“[R]eal-time streaming will become the fastest-growing use case.,” Ovum reports. “A perfect storm has transformed real-time streaming from a niche technology to one with broad, cross-industry appeal. Open source technology has lowered barriers to entry for both technology providers and customers; scalable commodity infrastructure has made the processing of large torrents of real-time data in motion economically and technically feasible.

“The explosion in bandwidth and smart-sensor technology has opened up use cases ranging from location-based marketing to health and safety, intrusion detection, and predictive maintenance, appealing to a broad cross section of industries.”

Cloud continues to grow

Cloud computing is becoming “the default path to deployment,” Ovum says.

.”Within the next 24 months, Ovum expects that the cloud will pass the halfway mark to dominate new big data deployments.”

Learn more at:

http://www.ovum.com