Big Data Market 2025: This Report Provides Pin-Point Analysis for Changing Competitive Dynamics
Global Big Data Market is expected to grow at a CAGR over16% from 2017 to 2025. Big data refers to utilization of advanced analytics technique such as machine learning, predictive analytics, and data mining to analyze data sets which may be of different types (such as structured/unstructured and streaming/batch) and different size (terabytes to zettabytes). It allows financial institutions to gain a deeper understanding of suspicious activities, derive patterns, and locate unusual transactions that helps in preventing fraud. In addition, analyzing big data allows...
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