Market Research Store releases a new market research report "The Big Data Market 2015 - 2030 Opportunities, Challenges, Strategies, Industry Verticals and Forecasts" to add to its collection of research reports.
Deerfield Beach, FL -- (SBWIRE) -- 08/14/2015 -- The Big Data Market: 2015 – 2030 – Opportunities, Challenges, Strategies, Industry Verticals & Forecasts report presents an in-depth assessment of the Big Data ecosystem including key market drivers, challenges, investment potential, vertical market opportunities and use cases, future roadmap, value chain, case studies on Big Data analytics, vendor market share and strategies. The report also presents market size forecasts for Big Data hardware, software and professional services from 2015 through to 2030. Historical figures are also presented for 2010, 2011, 2012, 2013 and 2014. The forecasts are further segmented for 8 horizontal submarkets, 15 vertical markets, 6 regions and 35 countries.
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Big Data" originally emerged as a term to describe datasets whose size is beyond the ability of traditional databases to capture, store, manage and analyze. However, the scope of the term has significantly expanded over the years. Big Data not only refers to the data itself but also a set of technologies that capture, store, manage and analyze large and variable collections of data to solve complex problems.
Amid the proliferation of real time data from sources such as mobile devices, web, social media, sensors, log files and transactional applications, Big Data has found a host of vertical market applications, ranging from fraud detection to scientific R&D.
Despite challenges relating to privacy concerns and organizational resistance, Big Data investments continue to gain momentum throughout the globe. Market Research estimates that Big Data investments will account for nearly $40 Billion in 2015 alone. These investments are further expected to grow at a CAGR of 14% over the next 5 years.
The report comes with an associated Excel datasheet suite covering quantitative data from all numeric forecasts presented in the report.
The report covers the following topics:
Big Data ecosystem
Market drivers and barriers
Big Data technology, standardization and regulatory initiatives
Big Data industry roadmap and value chain
Analysis and use cases for 15 vertical markets
Big Data analytics technology and case studies
Big Data vendor market share
Company profiles and strategies of 140 Big Data ecosystem players
Strategic recommendations for Big Data hardware, software and professional services vendors and enterprises
Market analysis and forecasts from 2015 till 2030
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The report has the following key findings:
In 2015, Big Data vendors will pocket nearly $40 Billion from hardware, software and professional services revenues
Big Data investments are further expected to grow at a CAGR of 14% over the next 5 years, eventually accounting for nearly $80 Billion by the end of 2020
The market is ripe for acquisitions of pure-play Big Data startups, as competition heats up between IT incumbents
Nearly every large scale IT vendor maintains a Big Data portfolio
At present, the market is largely dominated by hardware sales and professional services in terms of revenue
Going forward, software vendors, particularly those in the Big Data analytics segment, are expected to significantly increase their stake in the Big Data market
By the end of 2020, Market Research expects Big Data software revenue to exceed hardware investments by nearly $8 Billion
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