Big Data Market

Big Data Market Size, Share, Growth Analysis, By Hardware (Revenue, USD Million; 2014 - 2025)(Storage, Server), By Software (Revenue, USD Million; 2014 - 2025)(Analytics, Database), By Service (Revenue, USD Million; 2014 - 2025)(Consulting, Deployment & Maintenance), By End-use (Revenue, USD Million; 2014 - 2025)(BFSI, Manufacturing), By Regional (Revenue, USD Million; 2014 - 2025)(North America, The U.S.) - Industry Forecast 2024-2031

Report ID: UCMIG45A2099 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Big Data Market Insights

Market Overview:

Initiating its trajectory at a worth of USD 25.67 billion in 2015, the global big data market is poised for a substantial expansion over the forecast period. This surge is underpinned by a convergence of influential factors, prominently including the proliferation of virtual online workplaces and the burgeoning popularity of social media platforms. This digital landscape has ushered in an era of data abundance, with an unprecedented accumulation of information. The surge in internet penetration, driven by its multifaceted advantages encompassing seamless communication, a wealth of information, facile sharing, and diverse online services, stands as a powerful catalyst. Consequently, this confluence of technological progress and evolving user behaviors is expected to fuel a sustained surge in demand for big data solutions and services in the foreseeable future.

Big Data Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
ForecastGrowthRate
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Internet Software & Services by segment aggregation, the contribution of the Internet Software & Services in Software & Services and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

Segmentation Analysis:

The Big Data Market is segmented by Hardware (Revenue, USD Million; 2014 - 2025), Software (Revenue, USD Million; 2014 - 2025), Service (Revenue, USD Million; 2014 - 2025), End-use (Revenue, USD Million; 2014 - 2025), Regional (Revenue, USD Million; 2014 - 2025). We are analyzing the market of these segments to identify which segment is the largest now and in the future, which segment has the highest growth rate, and the segment which offers the opportunity in the future.

Big Data Market Basis Point Share Analysis, 2021 Vs. 2028
BasisPointShareAnalysis
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  • Based on Hardware (Revenue, USD Million; 2014 - 2025) the market is segmented as, Storage, Server, Network Equipment
  • Based on Software (Revenue, USD Million; 2014 - 2025) the market is segmented as, Analytics, Database, Visualization, Distribution Tools, Others
  • Based on Service (Revenue, USD Million; 2014 - 2025) the market is segmented as, Consulting, Deployment & Maintenance, Training & Development
  • Based on End-use (Revenue, USD Million; 2014 - 2025) the market is segmented as, BFSI, Manufacturing, Retail, Media & Entertainment, Gaming, Healthcare, Telecommunication, Government, Others
  • Based on Regional (Revenue, USD Million; 2014 - 2025) the market is segmented as, North America, The U.S., Canada, Europe, Germany, The U.K., Asia Pacific, China, India, Japan, Central & South America, Brazil, Mexico, Middle East & Africa (MEA), KEY MARKET PLAYERS, Accenture, Cloudera, EMC, Hewlett-Packard Company (HP), IBM, Mu Sigma Inc., Opera Solutions, Oracle Corporation, Splunk Inc., Teradata Corporation.

Regional Analysis:

Big Data Market is being analyzed by North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA) regions. Key countries including the U.S., Canada, Germany, France, UK, Italy, Spain, China, India, Japan, Brazil, GCC Countries, and South Africa among others were analyzed considering various micro and macro trends.

Big Data Market Attractiveness Analysis, By Region 2020-2028
AttractivenessAnalysis
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Big Data Market : Risk Analysis

SkyQuest's expert analysts have conducted a risk analysis to understand the impact of external extremities on Big Data Market. We analyzed how geopolitical influence, natural disasters, climate change, legal scenario, economic impact, trade & economic policies, social & ethnic concerns, and demographic changes might affect Big Data Market's supply chain, distribution, and total revenue growth.

Competitive landscaping:

To understand the competitive landscape, we are analyzing key Big Data Market vendors in the market. To understand the competitive rivalry, we are comparing the revenue, expenses, resources, product portfolio, region coverage, market share, key initiatives, product launches, and any news related to the Big Data Market.

To validate our hypothesis and validate our findings on the market ecosystem, we are also conducting a detailed porter's five forces analysis. Competitive Rivalry, Supplier Power, Buyer Power, Threat of Substitution, and Threat of New Entry each force is analyzed by various parameters governing those forces.

Key Players Covered in the Report:

  • rview
  • The global big data market size was valued at USD 25.67 billion in 2015 and is expected to witness significant growth over the forecast period. The elevating number of virtual online offices coupled with increasing popularity of social media producing an enormous amount of data is a major factor driving growth. Increased internet penetration owing to the several advantages including unlimited communication, abundant information and resources, easy sharing, and online services generates huge chunks of data in everyday life, which is also anticipated to propel demand over the coming years.
  • U.S. big data market by service, 2014 - 2025 (USD Million)
  • Evolving customer preference paired with rise in consumer purchasing power primarily in the developing countries is resulting in mounting adoption of smart devices. Additionally, mounting demand for mobile devices and apps has further paved the way for big data significantly for the next few years.
  • The big data market is rapidly becoming an emerging area of focus across numerous end-use industries. The technology adds up substantial value by providing useful information; enabling organizations to manage large chunks of data efficiently. Companies with the help of these solutions obtain both efficiency and quality in managing a large volume of raw information, ultimately resulting in significant cost reduction.
  • Hardware Insights
  • The hardware segment comprises server, storage, and network equipment. The network equipment segment is estimated to witness a growth at a CAGR exceeding 20% over the forecast period. This is ascribed to the reinforcement of a new network security paradigm on account of the increasing emphasis on enhanced security requirements worldwide.
  • The storage segment is also anticipated to witness healthy growth over the next few years owing to elevating demand for hybrid and public clouds, which are expected to drive the need for enhanced storage space over the coming years. Additionally, the server segment is also anticipated to flourish over the next nine years.
  • Software Insights
  • Visualization is expected to emerge as the fastest growing software segment with CAGR more than 15% over the forecast period. This is primarily attributed to the rising demand for consumers to access data as and when required, which has significantly resulted in a push for mobile data visualization options.
  • Analytics is another major segment expected to witness bullish growth over the coming years, and is majorly on account of increasing awareness, need, and adoption of big data analytics among several small and large enterprises. Organizations are increasingly adopting these solutions owing to the growing need to make fact-based strategic business decisions in an attempt to reduce the risk of failure and excel in this highly competitive environment.
  • Service Insights
  • The service segment comprises consulting, deployment & maintenance, and training & development. The training & development segment is expected to witness exponential growth over the forecast period. As enterprises invest heavily in analytics tools, staff, and expertise for enhanced business decisions, the need for effective training is on the rise in order to properly structure and analyze data for efficient corporate decision-making.
  • Consulting accounted for the majority market share in 2015 and is anticipated to witness radical growth over the coming years owing to the ever-increasing demand for technology consultants and vendor executives to share their expert predictions on likely developments and future aspects.
  • End-Use Insights
  • Presently, IT & telecommunications, BFSI, and retail are among the few key industries utilizing these solutions. Predictive analytics, relationship management, and brand reputation are the major emerging application areas. Companies invest heavily in these solutions for effective data traffic management and operational optimization.
  • China big data market share by software, 2015 (USD Million)
  • The industry has witnessed exponential growth in amount of both unstructured and structured data across several sectors. Gathering, storing, and exploiting have become a vital task for companies. Need for tools to manage this substantial data amount is expected to fuel the market demand over the forecast period.
  • Organizations collect and store data with a view to extract information from historical data to gain better insights. This is done for the purpose of analyzing and making precise decisions, which help in improving operational efficiencies, risk mitigation, and cost reduction. Understanding the potential of big data & analytics, numerous sectors have started deploying the same across their systems including gaming, healthcare, and media & entertainment.
  • Regional Insights
  • North America emerged as the leading regional market accounting for more than 30% of the total revenue share in 2015. The emergence of big data technology has given an array of opportunities to several businesses to manage valuable data stream and transform it into significant information. High usage across the retail and healthcare sector is estimated to drive the regional market demand. Additionally, harnessing data in public as well as the manufacturing sector provides several market growth opportunities.
  • Europe is also expected to witness substantial growth over the next nine years as the administrative and government sectors emphasize increasingly on improving operational efficiency with increasing big data usage. Asia Pacific is anticipated to outperform the remaining regional market with CAGR exceeding 17% over the forecast period.
  • Key Companies & Market Share Insights
  • Manufacturers increasingly invest in R&D for developing integrated big data solutions in an attempt to offer increased capabilities. Purveyors are undertaking efforts to reduce hardware costs to achieve competitive advantage. Vendors are also expected to focus on mergers & acquisitions and venture funding ascribing to technology advancement and complex ecosystem.
  • High priority on gaining more precise information and best streamline sales cycles, simplify customer service, and gain superior insights into customer needs are the most common activities followed by notable industry participants.
  • KEY MARKET SEGMENTS:
  • By Hardware (Revenue, USD Million; 2014 - 2025)
  • Storage
  • Server
  • Network Equipment
  • By Software (Revenue, USD Million; 2014 - 2025)
  • Analytics
  • Database
  • Visualization
  • Distribution Tools
  • Others
  • By Service (Revenue, USD Million; 2014 - 2025)
  • Consulting
  • Deployment & Maintenance
  • Training & Development
  • By End-use (Revenue, USD Million; 2014 - 2025)
  • BFSI
  • Manufacturing
  • Retail
  • Media & Entertainment
  • Gaming
  • Healthcare
  • Telecommunication
  • Government
  • Others
  • By Regional (Revenue, USD Million; 2014 - 2025)
  • North America
  • The U.S.
  • Canada
  • Europe
  • Germany
  • The U.K.
  • Asia Pacific
  • China
  • India
  • Japan
  • Central & South America
  • Brazil
  • Mexico
  • Middle East & Africa (MEA)
  • KEY MARKET PLAYERS
  • Accenture
  • Cloudera
  • EMC
  • Hewlett-Packard Company (HP)
  • IBM
  • Mu Sigma Inc.
  • Opera Solutions
  • Oracle Corporation
  • Splunk Inc.
  • Teradata Corporation."

SkyQuest's Expertise:

The Big Data Market is being analyzed by SkyQuest's analysts with the help of 20+ scheduled Primary interviews from both the demand and supply sides. We have already invested more than 250 hours on this report and are still refining our date to provide authenticated data to your readers and clients. Exhaustive primary and secondary research is conducted to collect information on the market, peer market, and parent market.

Our cross-industry experts and revenue-impact consultants at SkyQuest enable our clients to convert market intelligence into actionable, quantifiable results through personalized engagement.

Scope Of Report

Report Attribute Details
The base year for estimation 2021
Historical data 2016 – 2022
Forecast period 2022 – 2028
Report coverage Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis
Segments covered
  • By Hardware (Revenue, USD Million; 2014 - 2025) - Storage, Server, Network Equipment
  • By Software (Revenue, USD Million; 2014 - 2025) - Analytics, Database, Visualization, Distribution Tools, Others
  • By Service (Revenue, USD Million; 2014 - 2025) - Consulting, Deployment & Maintenance, Training & Development
  • By End-use (Revenue, USD Million; 2014 - 2025) - BFSI, Manufacturing, Retail, Media & Entertainment, Gaming, Healthcare, Telecommunication, Government, Others
  • By Regional (Revenue, USD Million; 2014 - 2025) - North America, The U.S., Canada, Europe, Germany, The U.K., Asia Pacific, China, India, Japan, Central & South America, Brazil, Mexico, Middle East & Africa (MEA), KEY MARKET PLAYERS, Accenture, Cloudera, EMC, Hewlett-Packard Company (HP), IBM, Mu Sigma Inc., Opera Solutions, Oracle Corporation, Splunk Inc., Teradata Corporation.
Regional scope North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
Country scope U.S., Canada, Germany, France, UK, Italy, Spain, China, India, Japan, Brazil, GCC Countries, South Africa
Key companies profiled
  • rview
  • The global big data market size was valued at USD 25.67 billion in 2015 and is expected to witness significant growth over the forecast period. The elevating number of virtual online offices coupled with increasing popularity of social media producing an enormous amount of data is a major factor driving growth. Increased internet penetration owing to the several advantages including unlimited communication, abundant information and resources, easy sharing, and online services generates huge chunks of data in everyday life, which is also anticipated to propel demand over the coming years.
  • U.S. big data market by service, 2014 - 2025 (USD Million)
  • Evolving customer preference paired with rise in consumer purchasing power primarily in the developing countries is resulting in mounting adoption of smart devices. Additionally, mounting demand for mobile devices and apps has further paved the way for big data significantly for the next few years.
  • The big data market is rapidly becoming an emerging area of focus across numerous end-use industries. The technology adds up substantial value by providing useful information; enabling organizations to manage large chunks of data efficiently. Companies with the help of these solutions obtain both efficiency and quality in managing a large volume of raw information, ultimately resulting in significant cost reduction.
  • Hardware Insights
  • The hardware segment comprises server, storage, and network equipment. The network equipment segment is estimated to witness a growth at a CAGR exceeding 20% over the forecast period. This is ascribed to the reinforcement of a new network security paradigm on account of the increasing emphasis on enhanced security requirements worldwide.
  • The storage segment is also anticipated to witness healthy growth over the next few years owing to elevating demand for hybrid and public clouds, which are expected to drive the need for enhanced storage space over the coming years. Additionally, the server segment is also anticipated to flourish over the next nine years.
  • Software Insights
  • Visualization is expected to emerge as the fastest growing software segment with CAGR more than 15% over the forecast period. This is primarily attributed to the rising demand for consumers to access data as and when required, which has significantly resulted in a push for mobile data visualization options.
  • Analytics is another major segment expected to witness bullish growth over the coming years, and is majorly on account of increasing awareness, need, and adoption of big data analytics among several small and large enterprises. Organizations are increasingly adopting these solutions owing to the growing need to make fact-based strategic business decisions in an attempt to reduce the risk of failure and excel in this highly competitive environment.
  • Service Insights
  • The service segment comprises consulting, deployment & maintenance, and training & development. The training & development segment is expected to witness exponential growth over the forecast period. As enterprises invest heavily in analytics tools, staff, and expertise for enhanced business decisions, the need for effective training is on the rise in order to properly structure and analyze data for efficient corporate decision-making.
  • Consulting accounted for the majority market share in 2015 and is anticipated to witness radical growth over the coming years owing to the ever-increasing demand for technology consultants and vendor executives to share their expert predictions on likely developments and future aspects.
  • End-Use Insights
  • Presently, IT & telecommunications, BFSI, and retail are among the few key industries utilizing these solutions. Predictive analytics, relationship management, and brand reputation are the major emerging application areas. Companies invest heavily in these solutions for effective data traffic management and operational optimization.
  • China big data market share by software, 2015 (USD Million)
  • The industry has witnessed exponential growth in amount of both unstructured and structured data across several sectors. Gathering, storing, and exploiting have become a vital task for companies. Need for tools to manage this substantial data amount is expected to fuel the market demand over the forecast period.
  • Organizations collect and store data with a view to extract information from historical data to gain better insights. This is done for the purpose of analyzing and making precise decisions, which help in improving operational efficiencies, risk mitigation, and cost reduction. Understanding the potential of big data & analytics, numerous sectors have started deploying the same across their systems including gaming, healthcare, and media & entertainment.
  • Regional Insights
  • North America emerged as the leading regional market accounting for more than 30% of the total revenue share in 2015. The emergence of big data technology has given an array of opportunities to several businesses to manage valuable data stream and transform it into significant information. High usage across the retail and healthcare sector is estimated to drive the regional market demand. Additionally, harnessing data in public as well as the manufacturing sector provides several market growth opportunities.
  • Europe is also expected to witness substantial growth over the next nine years as the administrative and government sectors emphasize increasingly on improving operational efficiency with increasing big data usage. Asia Pacific is anticipated to outperform the remaining regional market with CAGR exceeding 17% over the forecast period.
  • Key Companies & Market Share Insights
  • Manufacturers increasingly invest in R&D for developing integrated big data solutions in an attempt to offer increased capabilities. Purveyors are undertaking efforts to reduce hardware costs to achieve competitive advantage. Vendors are also expected to focus on mergers & acquisitions and venture funding ascribing to technology advancement and complex ecosystem.
  • High priority on gaining more precise information and best streamline sales cycles, simplify customer service, and gain superior insights into customer needs are the most common activities followed by notable industry participants.
  • KEY MARKET SEGMENTS:
  • By Hardware (Revenue, USD Million; 2014 - 2025)
  • Storage
  • Server
  • Network Equipment
  • By Software (Revenue, USD Million; 2014 - 2025)
  • Analytics
  • Database
  • Visualization
  • Distribution Tools
  • Others
  • By Service (Revenue, USD Million; 2014 - 2025)
  • Consulting
  • Deployment & Maintenance
  • Training & Development
  • By End-use (Revenue, USD Million; 2014 - 2025)
  • BFSI
  • Manufacturing
  • Retail
  • Media & Entertainment
  • Gaming
  • Healthcare
  • Telecommunication
  • Government
  • Others
  • By Regional (Revenue, USD Million; 2014 - 2025)
  • North America
  • The U.S.
  • Canada
  • Europe
  • Germany
  • The U.K.
  • Asia Pacific
  • China
  • India
  • Japan
  • Central & South America
  • Brazil
  • Mexico
  • Middle East & Africa (MEA)
  • KEY MARKET PLAYERS
  • Accenture
  • Cloudera
  • EMC
  • Hewlett-Packard Company (HP)
  • IBM
  • Mu Sigma Inc.
  • Opera Solutions
  • Oracle Corporation
  • Splunk Inc.
  • Teradata Corporation."
Customization scope Free report customization (15% Free customization) with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options Reap the benefits of customized purchase options to fit your specific research requirements.

Objectives of the Study

  • To forecast the market size, in terms of value, for various segments with respect to five main regions, namely, North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
  • To provide detailed information regarding the major factors influencing the growth of the Market (drivers, restraints, opportunities, and challenges)
  • To strategically analyze the micro markets with respect to the individual growth trends, future prospects, and contribution to the total market
  • To provide a detailed overview of the value chain and analyze market trends with the Porter's five forces analysis
  • To analyze the opportunities in the market for various stakeholders by identifying the high-growth Segments
  • To identify the key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for the market leaders
  • To analyze competitive development such as joint ventures, mergers and acquisitions, new product launches and development, and research and development in the market

What does this Report Deliver?

  • Market Estimation for 20+ Countries
  • Historical data coverage: 2016 to 2022
  • Growth projections: 2022 to 2028
  • SkyQuest's premium market insights: Innovation matrix, IP analysis, Production Analysis, Value chain analysis, Technological trends, and Trade analysis
  • Customization on Segments, Regions, and Company Profiles
  • 100+ tables, 150+ Figures, 10+ matrix
  • Global and Country Market Trends
  • Comprehensive Mapping of Industry Parameters
  • Attractive Investment Proposition
  • Competitive Strategies Adopted by Leading Market Participants
  • Market drivers, restraints, opportunities, and its impact on the market
  • Regulatory scenario, regional dynamics, and insights of leading countries in each region
  • Segment trends analysis, opportunity, and growth
  • Opportunity analysis by region and country
  • Porter's five force analysis to know the market's condition
  • Pricing analysis
  • Parent market analysis
  • Product portfolio benchmarking

Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Big Data Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Big Data Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)
  • rview
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The global big data market size was valued at USD 25.67 billion in 2015 and is expected to witness significant growth over the forecast period. The elevating number of virtual online offices coupled with increasing popularity of social media producing an enormous amount of data is a major factor driving growth. Increased internet penetration owing to the several advantages including unlimited communication, abundant information and resources, easy sharing, and online services generates huge chunks of data in everyday life, which is also anticipated to propel demand over the coming years.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • U.S. big data market by service, 2014 - 2025 (USD Million)
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Evolving customer preference paired with rise in consumer purchasing power primarily in the developing countries is resulting in mounting adoption of smart devices. Additionally, mounting demand for mobile devices and apps has further paved the way for big data significantly for the next few years.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The big data market is rapidly becoming an emerging area of focus across numerous end-use industries. The technology adds up substantial value by providing useful information; enabling organizations to manage large chunks of data efficiently. Companies with the help of these solutions obtain both efficiency and quality in managing a large volume of raw information, ultimately resulting in significant cost reduction.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Hardware Insights
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The hardware segment comprises server, storage, and network equipment. The network equipment segment is estimated to witness a growth at a CAGR exceeding 20% over the forecast period. This is ascribed to the reinforcement of a new network security paradigm on account of the increasing emphasis on enhanced security requirements worldwide.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The storage segment is also anticipated to witness healthy growth over the next few years owing to elevating demand for hybrid and public clouds, which are expected to drive the need for enhanced storage space over the coming years. Additionally, the server segment is also anticipated to flourish over the next nine years.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Software Insights
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Visualization is expected to emerge as the fastest growing software segment with CAGR more than 15% over the forecast period. This is primarily attributed to the rising demand for consumers to access data as and when required, which has significantly resulted in a push for mobile data visualization options.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Analytics is another major segment expected to witness bullish growth over the coming years, and is majorly on account of increasing awareness, need, and adoption of big data analytics among several small and large enterprises. Organizations are increasingly adopting these solutions owing to the growing need to make fact-based strategic business decisions in an attempt to reduce the risk of failure and excel in this highly competitive environment.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Service Insights
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The service segment comprises consulting, deployment & maintenance, and training & development. The training & development segment is expected to witness exponential growth over the forecast period. As enterprises invest heavily in analytics tools, staff, and expertise for enhanced business decisions, the need for effective training is on the rise in order to properly structure and analyze data for efficient corporate decision-making.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Consulting accounted for the majority market share in 2015 and is anticipated to witness radical growth over the coming years owing to the ever-increasing demand for technology consultants and vendor executives to share their expert predictions on likely developments and future aspects.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • End-Use Insights
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Presently, IT & telecommunications, BFSI, and retail are among the few key industries utilizing these solutions. Predictive analytics, relationship management, and brand reputation are the major emerging application areas. Companies invest heavily in these solutions for effective data traffic management and operational optimization.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • China big data market share by software, 2015 (USD Million)
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The industry has witnessed exponential growth in amount of both unstructured and structured data across several sectors. Gathering, storing, and exploiting have become a vital task for companies. Need for tools to manage this substantial data amount is expected to fuel the market demand over the forecast period.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Organizations collect and store data with a view to extract information from historical data to gain better insights. This is done for the purpose of analyzing and making precise decisions, which help in improving operational efficiencies, risk mitigation, and cost reduction. Understanding the potential of big data & analytics, numerous sectors have started deploying the same across their systems including gaming, healthcare, and media & entertainment.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Regional Insights
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • North America emerged as the leading regional market accounting for more than 30% of the total revenue share in 2015. The emergence of big data technology has given an array of opportunities to several businesses to manage valuable data stream and transform it into significant information. High usage across the retail and healthcare sector is estimated to drive the regional market demand. Additionally, harnessing data in public as well as the manufacturing sector provides several market growth opportunities.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Europe is also expected to witness substantial growth over the next nine years as the administrative and government sectors emphasize increasingly on improving operational efficiency with increasing big data usage. Asia Pacific is anticipated to outperform the remaining regional market with CAGR exceeding 17% over the forecast period.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Key Companies & Market Share Insights
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Manufacturers increasingly invest in R&D for developing integrated big data solutions in an attempt to offer increased capabilities. Purveyors are undertaking efforts to reduce hardware costs to achieve competitive advantage. Vendors are also expected to focus on mergers & acquisitions and venture funding ascribing to technology advancement and complex ecosystem.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • High priority on gaining more precise information and best streamline sales cycles, simplify customer service, and gain superior insights into customer needs are the most common activities followed by notable industry participants.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • KEY MARKET SEGMENTS:
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Hardware (Revenue, USD Million; 2014 - 2025)
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Storage
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Server
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Network Equipment
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Software (Revenue, USD Million; 2014 - 2025)
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Analytics
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Database
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Visualization
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Distribution Tools
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Others
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Service (Revenue, USD Million; 2014 - 2025)
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Consulting
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Deployment & Maintenance
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Training & Development
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By End-use (Revenue, USD Million; 2014 - 2025)
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • BFSI
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Manufacturing
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Retail
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Media & Entertainment
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Gaming
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Healthcare
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Telecommunication
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Government
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Others
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Regional (Revenue, USD Million; 2014 - 2025)
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • North America
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The U.S.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Canada
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Europe
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Germany
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The U.K.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Asia Pacific
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • China
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • India
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Japan
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Central & South America
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Brazil
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Mexico
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Middle East & Africa (MEA)
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • KEY MARKET PLAYERS
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Accenture
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Cloudera
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • EMC
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Hewlett-Packard Company (HP)
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • IBM
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Mu Sigma Inc.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Opera Solutions
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Oracle Corporation
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Splunk Inc.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Teradata Corporation."
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments

Methodology

For the Big Data Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Big Data Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Big Data Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Big Data Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

The global market for Big Data was estimated to be valued at US$ XX Mn in 2021.

The global Big Data Market is estimated to grow at a CAGR of XX% by 2028.

The global Big Data Market is segmented on the basis of Hardware (Revenue, USD Million; 2014 - 2025), Software (Revenue, USD Million; 2014 - 2025), Service (Revenue, USD Million; 2014 - 2025), End-use (Revenue, USD Million; 2014 - 2025), Regional (Revenue, USD Million; 2014 - 2025).

Based on region, the global Big Data Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the global Big Data Market are rview , The global big data market size was valued at USD 25.67 billion in 2015 and is expected to witness significant growth over the forecast period. The elevating number of virtual online offices coupled with increasing popularity of social media producing an enormous amount of data is a major factor driving growth. Increased internet penetration owing to the several advantages including unlimited communication, abundant information and resources, easy sharing, and online services generates huge chunks of data in everyday life, which is also anticipated to propel demand over the coming years. , U.S. big data market by service, 2014 - 2025 (USD Million) , Evolving customer preference paired with rise in consumer purchasing power primarily in the developing countries is resulting in mounting adoption of smart devices. Additionally, mounting demand for mobile devices and apps has further paved the way for big data significantly for the next few years. , The big data market is rapidly becoming an emerging area of focus across numerous end-use industries. The technology adds up substantial value by providing useful information; enabling organizations to manage large chunks of data efficiently. Companies with the help of these solutions obtain both efficiency and quality in managing a large volume of raw information, ultimately resulting in significant cost reduction. , Hardware Insights , The hardware segment comprises server, storage, and network equipment. The network equipment segment is estimated to witness a growth at a CAGR exceeding 20% over the forecast period. This is ascribed to the reinforcement of a new network security paradigm on account of the increasing emphasis on enhanced security requirements worldwide. , The storage segment is also anticipated to witness healthy growth over the next few years owing to elevating demand for hybrid and public clouds, which are expected to drive the need for enhanced storage space over the coming years. Additionally, the server segment is also anticipated to flourish over the next nine years. , Software Insights , Visualization is expected to emerge as the fastest growing software segment with CAGR more than 15% over the forecast period. This is primarily attributed to the rising demand for consumers to access data as and when required, which has significantly resulted in a push for mobile data visualization options. , Analytics is another major segment expected to witness bullish growth over the coming years, and is majorly on account of increasing awareness, need, and adoption of big data analytics among several small and large enterprises. Organizations are increasingly adopting these solutions owing to the growing need to make fact-based strategic business decisions in an attempt to reduce the risk of failure and excel in this highly competitive environment. , Service Insights , The service segment comprises consulting, deployment & maintenance, and training & development. The training & development segment is expected to witness exponential growth over the forecast period. As enterprises invest heavily in analytics tools, staff, and expertise for enhanced business decisions, the need for effective training is on the rise in order to properly structure and analyze data for efficient corporate decision-making. , Consulting accounted for the majority market share in 2015 and is anticipated to witness radical growth over the coming years owing to the ever-increasing demand for technology consultants and vendor executives to share their expert predictions on likely developments and future aspects. , End-Use Insights , Presently, IT & telecommunications, BFSI, and retail are among the few key industries utilizing these solutions. Predictive analytics, relationship management, and brand reputation are the major emerging application areas. Companies invest heavily in these solutions for effective data traffic management and operational optimization. , China big data market share by software, 2015 (USD Million) , The industry has witnessed exponential growth in amount of both unstructured and structured data across several sectors. Gathering, storing, and exploiting have become a vital task for companies. Need for tools to manage this substantial data amount is expected to fuel the market demand over the forecast period. , Organizations collect and store data with a view to extract information from historical data to gain better insights. This is done for the purpose of analyzing and making precise decisions, which help in improving operational efficiencies, risk mitigation, and cost reduction. Understanding the potential of big data & analytics, numerous sectors have started deploying the same across their systems including gaming, healthcare, and media & entertainment. , Regional Insights , North America emerged as the leading regional market accounting for more than 30% of the total revenue share in 2015. The emergence of big data technology has given an array of opportunities to several businesses to manage valuable data stream and transform it into significant information. High usage across the retail and healthcare sector is estimated to drive the regional market demand. Additionally, harnessing data in public as well as the manufacturing sector provides several market growth opportunities. , Europe is also expected to witness substantial growth over the next nine years as the administrative and government sectors emphasize increasingly on improving operational efficiency with increasing big data usage. Asia Pacific is anticipated to outperform the remaining regional market with CAGR exceeding 17% over the forecast period. , Key Companies & Market Share Insights , Manufacturers increasingly invest in R&D for developing integrated big data solutions in an attempt to offer increased capabilities. Purveyors are undertaking efforts to reduce hardware costs to achieve competitive advantage. Vendors are also expected to focus on mergers & acquisitions and venture funding ascribing to technology advancement and complex ecosystem. , High priority on gaining more precise information and best streamline sales cycles, simplify customer service, and gain superior insights into customer needs are the most common activities followed by notable industry participants. , KEY MARKET SEGMENTS:, By Hardware (Revenue, USD Million; 2014 - 2025) , Storage , Server , Network Equipment , By Software (Revenue, USD Million; 2014 - 2025) , Analytics , Database , Visualization , Distribution Tools , Others , By Service (Revenue, USD Million; 2014 - 2025) , Consulting , Deployment & Maintenance , Training & Development , By End-use (Revenue, USD Million; 2014 - 2025) , BFSI , Manufacturing , Retail , Media & Entertainment , Gaming , Healthcare , Telecommunication , Government , Others , By Regional (Revenue, USD Million; 2014 - 2025) , North America , The U.S. , Canada , Europe , Germany , The U.K. , Asia Pacific , China , India , Japan , Central & South America , Brazil , Mexico , Middle East & Africa (MEA) , KEY MARKET PLAYERS, Accenture , Cloudera , EMC , Hewlett-Packard Company (HP) , IBM , Mu Sigma Inc. , Opera Solutions , Oracle Corporation , Splunk Inc. , Teradata Corporation.".

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