January 14 2020
Big data is a field that offers ways to analyze and systematically extract information from sources. It also helps users to deal with data sets that are too complex or large to be dealt with via traditional data-processing application software. Market Research Future (MRFR) has published a research report about the global big data marketing that weighs increase for this market at 13.35% CAGR during the forecast period between 2018 and 2023. By value, the market has been figured to be worth the $ 81,500 Mn by the end of the forecast period.
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The exceptional market driving factor for the global big data market is its growing use in the various enterprise application. Other factors enabling the market growth include technological advancement and investment by enterprises in the technology to streamline their operations. Big data analytics enables the development of data-driven applications that are meant to improve business agility.
Cisco Systems Inc., IBM Corporation, Microsoft Corporation, Dell Technologies, Amazon Web Services, Oracle Corporation, Cloudera Inc., Hitachi Ltd., Teradata Corporation, SAP SE, Accenture PLC, Tableau Software, Fair Isaac Corporation, Hewlett Packard Enterprise Company, Splunk Inc.
The Big Data Marketing growth is expected to remain influenced by micro and macroeconomic factors, government support and industry development. Investing in R&D pipeline will benefit players in the long run. Innovation and awareness about technological developments will be crucial for maintaining a competitive edge.
The report covers the development strategies adopted by the companies between 2015 to 2018.
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Global Big Data Market: Segmental Analysis
MRFR’s report includes segments the big data market by component, technology, organization, deployment, and end user.
Global Big Data Market: Regional Outlook
The global big data market has been segmented, by region, into North America, Europe, Asia-Pacific, and the rest of the world.. Currently, North America leads the global big data market and is likely to maintain its position throughout the assessment period. During the forecast period, the market is North America is expected to register a CAGR of 12.4%. The strong position of region can be attributed to factors such as the fast adoption of advanced information technologies and focus towards big data application in countries such as the U.S. and Canada. Moreover, presence of leading market players such as oracle corporation, IBM corporation, Microsoft corporation, Amazon among others support the market growth in the region.
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TABLE OF CONTENTS
1 Executive Summary
2 Market Introduction
2.2 Scope Of The Study
2.3 List Of Assumptions
2.4 Market Structure
3 Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Dynamics$
4.2.1 Increasing Variety And Volume Of Business Data Generated From Various Sources
4.2.2 Rising Need For Business Data To Improve Efficiency
4.3.1 Growing Security Concerns
4.4.1 Demand For A Common Unified Platform For Information Storage
Know More about this Report @ https://www.marketwatch.com/press-release/big-data-market-research-report-with-focus-on-global-size-key-players-analysis-emerging-technologies-growth-factors-opportunity-assessment-and-comprehensive-research-study-2023-2019-06-27
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