August 17 2020
Market Research Future published a research report on “Big Data Market Research Report- Forecast till 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Big Data Market – Overview
The advance of data-driven applications directed to develop business agility is anticipated to motivate the big data market. Reports that judge the information and communication technology industry has been offered by Market Research Future, which generates reports on industry verticals that judge the market development and possibilities. A CAGR of 13.35 % is expected to direct the market’s earning to USD 81,500 million by the culmination of the forecast period.
The augmented level of digitization and the mounting use of data-driven applications is projected to inspire the big data market globally. Moreover, the escalated level of integration of big data concepts is expected to stimulate the market for big data around the world.
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.
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Big Data Marketing: Segmental Analysis
The segmental review of the big data market is carried out on the basis of component, technology, organization size, deployment, end-user, and region. On the basis of components, the big data market is segmented into hardware which includes server, network equipment, and storage, software such as data discovery and visualization, analytics, data management and Hadoop distribution products and tools and service such as Data as a Service, Analytics as a Service, Hadoop as a Service, Deployment and Integration Service and Consulting Services. Based on the technology, the big data market is segmented into machine learning & data mining, natural language processing, predictive analytics, stream processing, NoSQL, Hadoop, and MPAD. On the basis of organization size, the big data market is segmented into large enterprises and SMEs. Based on the deployment, the big data market is segmented into on-premise and on-cloud. On the basis of end-user, the big data market is segmented into government, BFSI, manufacturing, IT, telecommunications, energy & utilities, transportation, healthcare, retail, and others.
Global Big Data Market: Regional Outlook
The regional review of the big data market covers regions such as North America, Europe, Asia-Pacific, and other regions in the world. Presently, the North American region controls the big data market and is expected to sustain its position during the forecast period. During the assessment period, the market in the North American region is expected to record a CAGR of 12.4%. The solid position of the region can be accredited to the influence of factors such as the speedy adoption of innovative information technologies and emphasis on big data applications in nations such as the U.S. and Canada. Besides, the incidence of foremost market companies is anticipated to back the market progress 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
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