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Big Data Market Expected to Reach $46.34 Billion by 2018 - Report by MarketsandMarkets
  • USA - English


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MarketsandMarkets

Apr 21, 2014, 10:25 ET

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MarketsandMarkets
MarketsandMarkets

Leading Players in Big data market are Accenture, Amazon Web Services, Cisco, Cloudera, Dell, EMC, Hitachi Data Systems, HP, IBM, Microsoft, Netapp, Oracle, SAP, SAS, Splunk, Teradata

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(PRWEB) April 21, 2014 -- The report "Big Data Market By Types (Hardware; Software; Services; BDaaS - HaaS; Analytics; Visualization as Service); By Software (Hadoop, Big Data Analytics and Databases, System Software (IMDB, IMC): Worldwide Forecasts & Analysis - 2018", segments the global big data market in to various sub segments with in-depth analysis and forecasting of revenues. It also identifies drivers & restraints for this market with insights in to trends, opportunities and challenges. MarketsandMarkets had segmented the big data market by types or components: hardware, software, services and cloud services; by verticals; by regions; North America (NA), Asia-Pacific (APAC), Middle East & Africa (MEA) and Latin America (LA).

Browse 136 market data tables and 33 figures spread through 246 pages and in-depth TOC on “Big Data Market”.
http://www.marketsandmarkets.com/Market-Reports/big-data-market-1068.html

Early buyers will receive 10% customization on this report.

Enquiry Before Buying
http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=1068

According to the announcement of findings, the global big data market is expected to grow to $46.34 billion. This represents an estimated Compounded Annual Growth Rate of 25.52% . In current scenario the services segment, continue to be the largest segment in terms of consulting and integration & deployment services. The software segment is expected to grow at an estimated CAGR of 28.7%.

Big data had primarily gained importance due to constant increase in consumer & machine data. Along with this there is rapid increase in big data applications in several industries. Typically these applications have optimized the business processes and reduce the overall infrastructure cost and enhance the bottom line efficiency. Also the rising demand of real time integration of analytical results has enforced the enterprises to adopt emerging big data analytics solutions and services.

There has been a significant rise in the growth of unstructured data from multiple sources across the globe. Big data has the vast potential to derive insights that provides competitive advantage in business. Big data also provides opportunity to enable innovative business models, as traditional models fail to meet underlying requirements of enterprises. Emergence of companies providing dedicated big data solutions such as NoSQL databases, Hadoop distribution products, data visualization tools and system software, is expected to make the big data market ecosystem complex.

Another factor responsible for increase in adoption of big data technologies among enterprises is the growing variation of the types of data used for analysis. The data can be unstructured as well as semi structured or even limited to specific pattern or formats such as social media data and web activity logs. To extract usable insight out of this data, enterprises must enhance their existing data management solutions to provide semantic and log stream analytics.

Download Sample PDF Today!
http://www.marketsandmarkets.com/pdfdownload.asp?id=1068

Browse Related Reports

Hadoop & Big Data Analytics Market [Hardware, Software, Services, Hadoop-as-a-Service] - Trends, Geographical Analysis & Worldwide Market Forecasts (2012 – 2017)
http://www.marketsandmarkets.com/Market-Reports/hadoop-market-766.html

In-Memory Computing (IMC) Market [In Memory Data Management, IMDB (Pure, Hybrid, OLAP, OLTP, Relational IMDB, NoSQL IMDB), IMDG, In-Memory Application Platforms (IMAP)] - Global Advancements, Worldwide Market Forecasts & Analysis (2013-2018)
http://www.marketsandmarkets.com/Market-Reports/in-memory-computing-820.html

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales(at)marketsandmarkets(dot)com
Visit MarketsandMarkets Blog at http://www.marketsandmarketsblog.com/market-reports/telecom-it.
Connect with us on LinkedIn at http://www.linkedin.com/company/marketsandmarkets.

Mr. Rohan, MarketsandMarkets, http://www.marketsandmarkets.com/, +91 9881155004, [email protected]

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