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German market for Big Data to top EUR 6 bln in 2018 - survey

Friday 16 March 2018 | 15:14 CET | News
The market for Big Data applications in Germany is set to bring in revenues of about EUR 6.4 billion in 2018, a 10 percent increase from 2017, according to a new survey from the ITK market research firm IDC on behalf of German digital association Bitkom. The hardware sector is expected to be the fastest-growing market and increase 18 percent from the previous year to EUR 671 million, although software will remain the largest sector Big Data in 2018, with revenues growing 9 percent to EUR 3.1 billion in 2018, found Bitkom. The survey expects companies will generate EUR 2.6 billion in revenue

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Categories: General
Companies: Bitkom
Countries: Germany
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