KDnuggets : News : 2000 : n09 : item3

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From: Duncan Chapple DSC@ovum.com
Subject: Market for KDD ?
Date: Tue, 25 Apr 2000 14:43:51 +0100

Gregory,

I feel that a figure of $1.56 billion greatly overstates the market. Defining the KDD market as technologies that "accommodate data mining" is very loose and can include a range of software products that do not do data mining but which support the process. A number of market forecasts have been wildly inaccurate.

Most estimates I see for the sales of *packaged* data mining software are around $250 million. A good rule of thumb is that the five largest software vendors in an applications-focused market have one-third of the market.

Very best wishes,

Duncan Chapple.

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KDnuggets : News : 2000 : n09 : item3

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