The global big data market size was USD Billion 179.50 in 2022 and is expected to register a steady revenue CAGR of 11.6% during the forecast period, according to latest analysis by Emergen Research. Increasing investments by major companies and rising demand for huge data management from various sectors such as Banking, Financial Services, and Insurance (BFSI) and healthcare, among others are major factors driving market revenue growth. Big data and innovative technologies are also being used by government agencies. Public health scientists are gaining crucial information by using anonymized mobile telephone data on human travel and linking it to development of dengue fever and malaria vaccines. Increasing use of web devices with sensors will provide even more options to improve service delivery, while also using data to acquire quicker insight into whether treatments are effective. Mobile tech solutions are also generators of data that can enable citizens, whether it be applications that tell producers when to plant crops optimally, micro-loans for start-ups, or medical data for front-line healthcare personnel in distant places. While, the private sector collects most of the big data with greatest potential for benefit of public. Hence, issue will be to ensure that they are long-term and clear structures are in existence to establish expectations and responsibilities on both sides.
Apart from this, the study assesses the weaknesses and strengths of the major market players operating across different regions. Analysis of prominent trends from past and future that is actively contributing to the growth of the Big Data industry further plays an eminent role in helping business owners plan effective business strategies. Evaluation of various aspects such as import and export status, distribution channel, supply chain management, profit and gross margin is explained extensively in the report.
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Competitive Outlook: The leading companies operating in the Big Data market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Big Data Market and Profiled in the Report are:
IBM, Google, Accenture, Microsoft, Oracle, Cloud Software Group, Inc., Infocus Technologies, Alteryx, Inc., Informatica, Fractal Analytics Inc., Gainsight, BigPanda, Atos SE
Objectives of the Report:
Competitive landscape benchmarking
Analysis of Big Data market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Study of the global Big Data market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Big Data market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Big Data market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
- Component Outlook (Revenue, USD Billion; 2019–2032)
- Big Data Analytics
- Data Visualization and Management
- Solutions
- Services
- Data Discovery
- Support and Maintenance
- Deployment and Integration
- Others
- Organization Size Outlook (Revenue, USD Billion; 2019–2032)
- Large Enterprises
- Small and Medium Enterprises (SMEs)
- Deployment Outlook (Revenue, USD Billion; 2019–2032)
- Cloud
- Public
- Private
- Hybrid
- On-Premises
- Cloud
Regional Analysis:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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