LONDON--(BUSINESS WIRE)--The global big data market size is expected to grow by USD 142.5 billion during 2020-2024, progressing at a CAGR of over 13% during the forecast period.
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The rise in the number of smart cities is one of the major factors propelling the market growth. However, factors such as data security issues might hamper growth.
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Global Big Data Market: Type
Based on the type, the market saw maximum growth in the services segment in 2019. Factors such as the rising adoption of big data software solutions and increasing investments in IT infrastructure by enterprises are driving the growth of the segment. Market growth in the segment will be significant over the forecast period.
Global Big Data Market: Geographic Landscape
North America dominated the market with a 47% share in 2019. The market growth in the region is driven by digital transformation initiatives undertaken by enterprises and the rising need for enterprises to reduce operational expenses. The US is the critical market for big data in North America. Market growth in this region will be slower than the growth of the market in APAC and South America.
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Companies Covered
- Alphabet Inc.
- Amazon.com Inc.
- Dell Technologies Inc.
- Hewlett Packard Enterprise Co.
- International Business Machines Corp.
- Microsoft Corp.
- Oracle Corp.
- SAP SE
- SAS Institute Inc.
-
Splunk Inc.
What our reports offer:
- Market share assessments for the regional and country-level segments
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- Covers market data for 2020, 2021, till 2025
- Market trends (drivers, 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
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Big Data Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist in big data market growth during the next five years
- Estimation of the big data market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the big data market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of the big data market, vendors
Table of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Value chain analysis
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2019
- Market outlook
- Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY DEPLOYMENT
- Market segmentation by deployment
- Comparison by deployment
- On-premise - Market size and forecast 2019-2024
- Cloud-based - Market size and forecast 2019-2024
- Hybrid - Market size and forecast 2019-2024
- Market opportunity by deployment
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY TYPE
- Market segmentation by type
- Comparison by type
- Services - Market size and forecast 2019-2024
- Software - Market size and forecast 2019-2024
- Market opportunity by type
PART 09: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Adoption of blockchain solutions through big data implementation
- Rise in strategic partnerships and acquisitions
- Implementation of advanced technologies in big data analytics
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Alphabet Inc.
- Amazon.com Inc.
- Dell Technologies Inc.
- Hewlett Packard Enterprise Co.
- International Business Machines Corp.
- Microsoft Corp.
- Oracle Corp.
- SAP SE
- SAS Institute Inc.
- Splunk Inc.
PART 15: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 16: EXPLORE TECHNAVIO
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