Big Data Market is segmented into software, big data analytics, data discovery & visualization, data management, services, consulting & system integration, training & support, and managed services.
Portland, OR -- (SBWIRE) -- 07/10/2017 -- As per latest report published by Progressive Markets on the ICT and media sector which titles, "Global Big Data Market Size, Trend, Share, and Opportunity Analysis & Forecast, 2014-2025" the industry is predicted to register a CAGR of 16% during the period, 2017–2025. The research provides a detailed analysis of the factors that determine growth of the market.
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The report offers a significant information of the global big data centers in terms of introduction, classification, and description. It includes executive summary of the industry in context of key results, market attractiveness, competition, and recent developments. It incorporates the Porter's Five Forces Analysis (PFFA) to have a comprehensive know-how of competition scenario in the industry. It evaluates these landscapes based on bargaining power of customers & buyers, threat of substitutes & new entrants, and industry rivalry. It classifies the market into regions, deployment models, components, industry verticals, and product types.
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According to the research, the global big data market is distributed across the world and can be categorized into North America, Asia-Pacific, Latin America Middle East & Africa (LAMEA), and Europe. The geographies are studied in detail, such as in the North America region, countries explored are Canada, U.S., and Mexico. In the Europe, nations discussed are France, U.K., Germany, Italy, and Spain. In the Asia-Pacific region, nations assessed are Japan, China, India, South Korea, and Australia. The LAMEA countries included are Saudi Arabia, Brazil, and South Africa. Based on deployment mode, the market is split into on demand and on premise. Based on component, the industry is classified into software, data discovery & visualization, big data analytics, data management, consulting & system integration, services, managed services, and training and support. As per the study, the market has three types, viz, semi-structured, structured, and unstructured.
The report includes certain industry verticals namely, banking, financial services, & insurance (BFSI), healthcare & life sciences, government & defense, manufacturing, IT & telecommunication, media & entertainment, retail & consumer goods, transportation, and energy & utility. It evaluates market share of the global big data industry by component, geography, type, vertical, and deployment model for the period, 2014–2015. The study enables stakeholders and new entrepreneurs to identify future possible opportunities owing to detailed analysis of factors that accelerate growth of the market. It includes driving factors, such as inclination towards digital from analog and rise in activities for fraudulent. Further, it evaluates aspects that slow down path of progress which includes less awareness about advantages of the industry. It assesses market size by each component during the historic and forecast period, 2014–2016 and 2017–2025 respectively.
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The research examines market size by every region, type, vertical, and deployment model for the historic as well as forecast period. It offers market forecast by regions for each segment of the global big data market during the forecast period. It discusses key market players of the industry, such as International Business Machines (IBM) Corporation, Microsoft Corporation, Oracle, Teradata, Hewlett-Packard Enterprises, Amazon Web Services, SAP SE, SAS Institute, Dell Incorporation, and Splunk. The experts assess these companies based on a few factors fixed by them. These include business & finance segments and recent development. In addition, they offer an overview of every market player.
The report on the global big data market offers various takeaways which includes comprehensive evaluation of aspects that are have potential to restrict or drive the industry. The analysts explore competitive scenario which helps them to understand the present rivalry within the geographical locations. Further, they assess the opportunities that prevail within these regional distributions. An in-depth assessment of developments in the market aids manufacturers and new entrepreneurs to understand the industry behavior. The research thoroughly follows the status of the products and also provides a substantial examination of top manufacturers of the market framework. It represents abovementioned parameters of the industry through tables and figures.