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Global Big Data Market Is Grow at a CAGR of 19.3% and Expected to Reach $156.72 Billion by 2026; Finds New Report

MarketResearchReports.com has announced the addition of “Big Data - Global Market Outlook (2017-2026)” research report to their website www.MarketResearchReports.com

 

Lewes, DE -- (SBWIRE) -- 12/28/2018 -- Global Big Data Market is accounted for $31.93 billion in 2017 and is expected to reach $156.72 billion by 2026 growing at a CAGR of 19.3% during the forecast period. Increase in number of mobile devices & apps, the growth of the healthcare industry and big data solutions enhancing organizational return on investment are some of the factors influencing the market growth. However, factors such as lack of awareness of benefits of big data solutions & services as well as privacy & security concerns in big data are hindering the market.

Big data not only refers to the data itself but also a set of technologies that capture, store, manage and analyze large and variable collections of data, to solve complex problems. Big data solutions enable organizations to effectively manage large data volumes thereby reducing cost. It is initially emerged as a term to describe datasets whose size is beyond the ability of usual databases to capture, store, manage and analyze.

Amongst type, unstructured data segment held considerable market growth during the forecast period as there is rising amount of unstructured data organizations are adopting more big data solutions to explore and handle unstructured data. By geography, North America is anticipated to dominate the global market during the forecast period owing to high adoption of analytics across countries of North America. In addition, Asia pacific registered for highest growth rate due to growing amount of data generation as well as high penetration of internet across the region.

Some of the key players profiled in the Big Data market include International Business Machines (IBM) Corporation, Oracle Corporation, Microsoft Corporation, Hewlett-Packard Enterprise, SAP SE, Amazon Web Services, SAS Institute, Dell, Inc, Teradata Corporation, Splunk, Palantir Technologies, Inc, Guavus, Inc, Hitachi, Ltd, Cloudera, Inc, Hortonworks, Inc, Google Inc, Accenture plc, Fujitsu (Japan), Datameer, Inc and Actian.

Deployment Models Covered:
- On-Demand
- On-Premises

Types Covered:
- Semi-Structured Data
- Unstructured Data
- Structured Data
Component Covered:
- Services
- Software

End users Covered:
- Academia and Research
- IT and Telecommunication
- Transportation
- Energy and Utility
- Media and Entertainment
- Retail and Consumer Goods
- Manufacturing
- Healthcare and Life Sciences
- Government and Defense
- Banking, Financial Services and Insurance (BFSI)
- Other End Users

Regions Covered:
- North America
US
Canada
Mexico
- Europe
Germany
UK
Italy
France
Spain
Rest of Europe
- Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
- South America
Argentina
Brazil
Chile
Rest of South America
- Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Spanning over 162 pages "Big Data - Global Market Outlook (2017-2026)" report covers Executive Summary, Preface, Market Trend Analysis, Porters Five Force Analysis, Global Big Data Market, By Deployment Model, Global Big Data Market, By Type, Global Big Data Market, By Component, Global Big Data Market, By End User, Global Big Data Market, By Geography, Key Developments, Company Profiling. The Report covered companies are - International Business Machines (IBM) Corporation, Oracle Corporation, Microsoft Corporation, Hewlett-Packard Enterprise, SAP SE, Amazon Web Services, SAS Institute, Dell, Inc., Teradata Corporation, Splunk, Palantir Technologies, Inc, Guavus, Inc., Hitachi, Ltd

Please visit this link for more details: https://www.marketresearchreports.com/stratistics-mrc/big-data-global-market-outlook-2017-2026

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