TMCnet News
The Big Data Market: 2015 - 2030 - Opportunities, Challenges, Strategies, Industry Verticals and ForecastsLONDON, May 23, 2016 /PRNewswire/ -- "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. Hardware, Software & Professional Services - Hardware - Software - Professional Services Horizontal Submarkets - Storage & Compute Infrastructure - Networking Infrastructure - Hadoop & Infrastructure Software - SQL - NoSQL - Analytic Platforms & Applications - Cloud Platforms - Professional Services Vertical Submarkets - Automotive, Aerospace & Transportation - Banking & Securities - Defense & Intelligence - Education - Healthcare & Pharmaceutical - Smart Cities & Intelligent Buildings - Insurance - Manufacturing & Natural Resources - Web, Media & Entertainment - Public Safety & Homeland Security - Public Services - Retail & Hospitality - Telecommunications - Utilities & Energy - Wholesale Trade - Others Regional Markets - Asia Pacific - Eastern Europe - Latin & Central America - Middle East & Africa - North America - Western Europe Country Markets - Argentina, Australia, Brazil, Canada, China, Czech Republic, Denmark, Finland, France, Germany, India, Indonesia, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, Norway, Pakistan, Philippines, Poland, Qatar, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Taiwan, Thailand, UAE, UK, USA Key Questions Answered The report provides answers to the following key questions: - How big is the Big Data ecosystem? - How is the ecosystem evolving by segment and region? - What will the market size be in 2020 and at what rate will it grow? - What trends, challenges and barriers are influencing its growth? - Who are the key Big Data software, hardware and services vendors and what are their strategies? - How much are vertical enterprises investing in Big Data? - What opportunities exist for Big Data analytics? - Which countries and verticals will see the highest percentage of Big Data investments? Key Findings 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, SNS Research expects Big Data software revenue to exceed hardware investments by nearly $8 Billion Download the full report: https://www.reportbuyer.com/product/2164339/ About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers http://www.reportbuyer.com For more information: To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/the-big-data-market-2015--2030---opportunities-challenges-strategies-industry-verticals-and-forecasts-300273429.html SOURCE ReportBuyer |