The rapidly expanding big data technology and services market is the focus of a new report added to the market intelligence repository of Fact.MR. This 170-page broad study is headlined as “Big Data Technology and Services Market Research Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2026” which noticeably examines the prospects of the global big data technology and services industry till the end of 2022, using the market’s development trajectory in the recent past as the key indicator of actionable insights into the market’s growth pattern. A blend of primary & secondary research has been implemented for offering estimates and forecasts on the concerned market.
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Adoption to Remain High in Business Organizations
Business organizations are constantly looking for solutions for managing vast amount of data that increases the business value. Incorporating of leading technological solutions such as big data technology and services enables the business organizations to identify vulnerable and sensitive data, which further helps in disclosing data patterns and correlations for better decision making process. As advanced technological solutions allow events forecasting and real-time monitoring arises, leading business organizations are looking to capitalize on these opportunities to leverage a competitive advantage over the other market players. As formulating effective strategies for business development has continued to remain a major challenge, leading organizations are incorporating advanced technological solutions to outline improved decision making process.
Supply Chain Management to Impact Global Market Growth
Unstructured data accumulation from abundant sources in the supply chain operations can obstruct the decision making process. As managing data flooding from various channels continues to pose significant challenges, supply chain managers are focusing on opting for leading technological solutions that enable segregating the overflow of data in an organized format. Incorporation of leading technological solutions further harness the potential of data analysis has led the supply chain managers to opt adopt big data solutions. Through implementation of the big data sources, the supply chain managers can optimize the cost and improve the efficiency and agility of the process. As overflow of information can offer enhanced and effective decision making process and solutions, adoption of the big data technology and services continues to remain high in the global market.
BFSI Industry to Represent a Leading Segment
As the need for gathering and analyzing valuable business information and insights arises, demand for big data analytics software continues to remain high. On the basis of category type, the software segment is expected to represent the highest revenue growth, accounting for a value of over US$ 22,100 Mn by the end of 2026. In addition, the software category type segment is expected to register a significant CAGR throughout the forecast period.
Based on industry, the BFSI segment is expected to witness a significant revenue growth, recording a value of over US$ 1,400 Mn by the end of 2017. On the other hand, the retail & consumer goods industry segment is expected to register a healthy CAGR through 2026.
By application, the analytics and discovery segment is expected to generate significant revenues, accounting for a value of over US$ 12,100 Mn by the end of 2026. In contrary, the datacenter networking infrastructure application segment is expected to register a robust CAGR during the forecast period.
Leading market players operating in the global big data technology and services market include IBM, Oracle Corporation, Microsoft Corporation, HP, SAP SE, Amazon Web services, Dell Incorporation (EMC), Teradata, Cisco Corporation and SAS Institute.
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Table of Contents:
- Global Economic Outlook
- Global Big Data Technology and Services Market - Executive Summary
- Global Big Data Technology and Services Market Overview
3.1.1. Global Big Data Technology and Services Market Taxonomy
3.1.2. Global Big Data Technology and Services Market Definition
3.2. Global Big Data Technology and Services Market Size (US$ Mn) and Forecast, 2012-2026
3.2.1. Global Big Data Technology and Services Market Y-o-Y Growth
3.3. Global Big Data Technology and Services Market Dynamics
3.4. Forecast Factors in Big Data Technology & Services Market
3.5. Big Data Technology Ecosystem
3.6. The Evolution of Big Data Technology & Services
3.7. PESTLE Analysis
3.8. Vendor Mapping with Solution Type
3.9. Key Participants Market Presence (Intensity Map) By Region
3.10. Region wise PLC Mapping
- Global Big Data Technology and Services Market Analysis and Forecast 2012-2026
4.1. Global Big Data Technology and Services Market Size and Forecast By Category, 2012-2026
4.1.1. Server Market Size and Forecast, 2012-2026
220.127.116.11. Revenue (US$ Mn) Comparison, By Region
18.104.22.168. Market Share Comparison, By Region
22.214.171.124. Y-o-Y growth Comparison, By Region
4.1.2. Storage Market Size and Forecast, 2012-2026
126.96.36.199. Revenue (US$ Mn) Comparison, By Region
188.8.131.52. Market Share Comparison, By Region
184.108.40.206. Y-o-Y growth Comparison, By Region
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