Big Data Market Research Report

The Global Big Data market is expanding at a significant rate during the forecast period (2020-2027). According to the market research, the increasing amount of data generated and the growing awareness about the Internet of Things (IoT) devices, are the significant factors that are contributing to the growth of the market.

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Big data is a term that is used for a data collection that is generate in huge volume and expanding with time. It encompasses the total volume of data, velocity or speed at which it is created and collected, and the scope of data points that are covered under it. There are basically two types of big data into structured and unstructured data. The structured data includes information that is already managed by the company in their spreadsheets and databases. The unstructured data include all the information that is unorganized and does not come under a pre-determined model or format.

The increasing amount of data generated around the globe, the big data market is witnessing strong demand over the forecast period. The rising awareness related to the Internet of Things (IoT) devices, especially among large companies and start-ups, along with the growing availability of data across several companies, are the major drivers that are boosting the growth of the big data market size over the coming years. The Big data solutions helps organizations to gain insights related to their market, ongoing competitive, and the increasing trends over the upcoming years.

As per the big data market research, the various remarkable benefits of big data is attracting new customer base towards the market to save time, money, and extract beneficial insights. In addition to this, the government of several organization are focusing on introducing initiatives and schemes to increase the adoption of big data solutions in their respective countries. For example, the government of Dubai, introduced “Dubai Pulse” which is a central platform that will offer storage services, big data services, and core analytics services, to several companies in the UAE, with an objective to use this data to enhance the living standards of the UAE citizens.

The Internet is becoming popular due to its several advantages such as it allows unlimited communication, provides easy sharing of documents, photos, and other information, an abundant amount of information and resources, and provides online services that are generating a large volume of data every data. This is further boosting the demand of the market in the coming years. The mounting adoption of smart devices, particularly smartphones, driven by the increasing consumer power are shifted their preference. This factor is further driving the market growth. However, on the other edge, the increasing concerns regarding privacy and security is a major factor that will hamper the market growth.

Key Players of the Global Big Data Market:

• Microsoft Corporation
• Teradata
• IBM
• Oracle
• Google
• Amazon Web Services (AWS)
• SAP SE
• com, Inc.
• SAS Institute
• MicroStrategy, Inc.

Market Segmentation:

Global Big Data Market Report Segment by Component:

• Services
  • Managed services
  • Professional services
    • Support & Maintenance
    • Consulting
    • Deployment & Integration
  • Solutions
    • Data Discovery
    • Big Data Analytics
    • Data Management
    • Data Visualization

Global Big Data Market Report Segment by Deployment Mode:

• Cloud
  • Private Cloud
  • Public Cloud
  • Hybrid Cloud
• On-Premises

Global Big Data Market Report Segment by Organization Size:

• Small & Medium-Sized Enterprises
• Large Enterprises

Global Big Data Market Report Segment by Business Function:

• Operations
• Marketing & Sales
• Finance
• Human Resources

Global Big Data Market Report Segment by Industry Vertical:

• Government & Defense
• Banking, Financial Services, & Insurance
• Manufacturing
• Healthcare & Life Sciences
• Media & Entertainment
• Retail & Consumer Goods
• Transportation & Logistics
• Telecommunications & Information Technology
• Others

Global Big Data Market Report Segment by Region:

• North America
  • United States of America
  • Canada
• Asia Pacific
  • China
  • Japan
  • India
  • Rest of APAC
• Europe
  • United Kingdom
  • Germany
  • France
  • Spain
  • Rest of Europe
• RoW
  • Brazil
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, be it small and medium enterprises or large organization. Our research team helps the clients to understand the importance and impact of the market dynamics. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use both internal and external databases to cull out relevant information about the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

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