SME Big Data Market to Grow at a 42.94% CAGR by 2018 Says a New Research Report at ReportsnReports.com
Dallas, Texas (PRWEB) June 25, 2014 -- Many large enterprise computing vendors frequently acquire companies to equip themselves with the latest big data technologies. Large enterprise software vendors also target pure-play big data vendors and small companies whose major customers are SMEs to expand their customer base and tap the huge potential in the SME segment. IBM acquired many analytics companies such as DemandTec Inc., Varicent Software, Tealeaf Technology Inc., Kenexa Corp., and Vivisimo Inc. in 2012. In 2013, it acquired several more big data analytic companies such as StoredIQ Inc., Star Analytics Inc., and The Now Factory. In 2011, Hewlett-Packard acquired the major pure-play vendor Vertica for US$350 million and EMC acquired Greenplum Inc. Also, Aster Data Systems Inc. was acquired by Teradata Corp. in 2011, Oracle Corp. acquired Datanomic Ltd., Endeca Technologies Inc., ClearTrail Technologies Pvt Ltd., and DataRaker Inc. Through acquisitions, large enterprise computing vendors are trying to enhance their capabilities to deliver a comprehensive big data solution.
Analysts forecast the Global SME Big Data market will grow at a CAGR of 42.94 percent over the period 2013-2018. According to the report, the need to improve business process efficiency and productivity is one of the factors driving the growth of the Global SME Big Data market. Big data solutions improve the efficiency of business processes and provide up-to-date information, and shorten the decision making process.
This report covers the present scenario and the growth prospects of the Global SME Big Data market for the period 2014-2018. To calculate the market size, the report considers revenue generated from sales of
• Hardware: Big data storage, servers, and networking components
• Software applications: Apache Hadoop, NoSQL, Cassandra, and other big data software applications
• Services: Big data analytics and consulting, implementation, support, and professional services
Global SME Big Data Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC, the EMEA, and the Americas regions; it also covers the Global SME Big Data market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Market Driver
• Increasing Need to Improve Business Processes Efficiency.
Key Market Challenge
• Lack of Awareness among SMEs about Potential of Big Data Solutions.
Key Market Trend
• Increasing Market Consolidation.
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Further, the report states that one of the major challenges is the lack of awareness about the capability of big data technology. SMEs are often ignorant of the benefits of big data solutions and do not invest in them.
The report recognizes the following companies as the key players in Global SME Big Data Market: Hewlett-Packard Co., IBM Corp., Oracle Corp., Teradata Corp., Amazon Web Services, Inc., Cloudera, Inc., Couchbase Inc., EMC Corp., Google Inc, Microsoft Corp., SAP AG, Splunk Inc.
Key Questions Answered in this Report
• What will the market size be in 2018 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Big Data Applications
Exhibit 3: Evolution of Big Data
Exhibit 4: Global SME Big Data Market 2013-2018 (US$ million)
Exhibit 5: Global SME Big Data Market by Revenue Segmentation 2013
Exhibit 6: Global SME Big Data Market by Revenue Segmentation 2013-2018
Exhibit 7: Global SME Big Data IT Services Market 2013-2018 (US$ million)
Exhibit 8: Global Big Data Software Market 2013-2018 (US$ million)
Exhibit 9: Global SME Big Data Hardware Market 2013-2018 (US$ million)
Exhibit 10: Applications of Big Data in Various Industries
Exhibit 11: Global SME Big Data Market by Geographical Segmentation 2013
Exhibit 12: Business Segmentation of Hewlett-Packard Co.
Exhibit 13: Business Segmentation of IBM Corp.
Exhibit 14: Business Segmentation of Oracle Corp.
Exhibit 15: Business Segmentation of Teradata Corp.
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Ritesh Tiwari, ReportsnReports.com, http://www.reportsnreports.com/, +1 (888) 391-5441, [email protected]
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