Big Data solutions market opportunity is estimated to grow to USD 153.1 million by 2014, according to a NetApp commissioned IDC study titled "Here Comes Big Data: Perspectives from Indian Enterprises". This represents a compounded annual growth rate (CAGR) of 37.8 percent for the period 2011-2014. Big Data solutions market opportunity stood at USD 58.4 million in 2011, with IT services and software contributing the major chunk of the overall Big Data solutions market.
The study revealed that Big Data solutions market in India is currently at a nascent stage, with only 5 percent of the organizations in the large and very large segment (with more than 1,000 employees) having embraced this technology. By 2014, IDC expects the market penetration to reach 18.4 percent of the organizations in the large and very large segment across different verticals.
More at Indian Big Data solutions market to reach USD 153.1 million by 2014: Study - InformationWeek India
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