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Big Data: Global Market Size, Share and GrowthNEW YORK, Nov. 30, 2022 /PRNewswire/ -- Report Scope: - Coverage of the technological, economic, and business considerations of the big data market, with analyses and growth forecasts through 2027 - Discussion of the industry value chain analysis providing a systematic study of key intermediaries involved, with emphasis on the major players operating in the market - Analysis of the vendor landscape and the global company share analysis of the companies based on their segmental revenues - A relevant patent analysis with significant allotments of recently granted patents related to big data - Descriptive company profiles of the leading industry players, Alphabet Inc. (Google), Amazon, Cloudera Inc., International Business Machines (IBM) Corp., Microsoft, Oracle Corp., TIBCO Software Inc., and VMware Inc. Summary: The emerging big data phenomenon is forcing many changes in businesses and organizations.Many people struggle to manage the vast amounts of data and unconventional data structures represented by big data. Others manage big data by expanding their portfolio of data management skills and data management software. This allows them to automate more business processes, work closer to real-time, and learn valuable new facts about your business processes, customers, partners, and more through analytics. In recent years, it has become clear that investments in big data have become almost ubiquitous.Organizations are agreeing to use big data to transform their businesses and gain greater agility that enables them to operate more competitively. Organizations are realizing measurable results and business benefits from their big data investments. Some of the advantages of big data include - - Fast and accurate analysis. - Better strategic decisions. - Better control over operational processes. - Improved analysis with business intelligence. - Cost reduction. - More flexible services and targeted marketing campaigns. - Better information for internal risk management. - Improved market understanding. - Improved customer service. The global market for big data was estimated to be $REDACTED in 2021 and is expected to grow to $REDACTED in 2027.The global market for big data is expected to grow at a CAGR (compound annual growth rate) of REDACTED% from 2022 to 2027, which is a remarkable growth rate for any industry. This growth rate directly results in a sharp increase in the data volume, adoption of databases across multiple industries, and rising adoption of IoT devices. In this report, the global market for big data has been segmented based on components, deployment modes, business functions, organization size, industry, and region. Based on components, the big data market has been segmented into solutions and services. Read the full report: https://www.reportlinker.com/p06368453/?utm_source=PRN About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 View original content:https://www.prnewswire.com/news-releases/big-data-global-market-size-share-and-growth-301689325.html SOURCE Reportlinker |