Big Data Market is expected to reach $156.72 billion by 2026 growing at a CAGR of 19.3%: Google, Dell, Accenture

Big Data Market

HTF Market Intelligence released a new research report of 162 pages on title ‘Big Data Market – Global Market Outlook (2017-2026)’ with detailed analysis, forecast and strategies. The study covers key regions that includes North America, Europe or Asia and important players such as International Business Machines (IBM) Corporation, Oracle Corporation, Microsoft Corporation, Hewlett-Packard Enterprise, SAP SE, Amazon Web Services, SAS Institute, Dell, Inc, Teradata Corporation, Splunk, Palantir Technologies, Inc, Guavus, Inc, Hitachi, Ltd, Cloudera, Inc, Hortonworks, Inc, Google Inc, Accenture plc, Fujitsu (Japan), Datameer, Inc and Actian.

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Summary
According to Research Conducted, the Global Big Data Market is accounted for $31.93 billion in 2017 and is expected to reach $156.72 billion by 2026 growing at a CAGR of 19.3% during the forecast period. Increase in number of mobile devices & apps, the growth of the healthcare industry and big data solutions enhancing organizational return on investment are some of the factors influencing the market growth. However, factors such as lack of awareness of benefits of big data solutions & services as well as privacy & security concerns in big data are hindering the market.

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. Big data solutions enable organizations to effectively manage large data volumes thereby reducing cost. It is initially emerged as a term to describe datasets whose size is beyond the ability of usual databases to capture, store, manage and analyze. 

Amongst type, unstructured data segment held considerable market growth during the forecast period as there is rising amount of unstructured data organizations are adopting more big data solutions to explore and handle unstructured data. By geography, North America is anticipated to dominate the global market during the forecast period owing to high adoption of analytics across countries of North America. In addition, Asia pacific registered for highest growth rate due to growing amount of data generation as well as high penetration of internet across the region.

Some of the key players profiled in the Big Data market include International Business Machines (IBM) Corporation, Oracle Corporation,  Microsoft Corporation, Hewlett-Packard Enterprise, SAP SE, Amazon Web Services, SAS Institute, Dell, Inc, Teradata Corporation, Splunk, Palantir Technologies, Inc, Guavus, Inc, Hitachi, Ltd, Cloudera, Inc, Hortonworks, Inc, Google Inc, Accenture plc, Fujitsu (Japan), Datameer, Inc and Actian.

Deployment Models Covered:
• On-Demand
• On-Premises

Types Covered:
•  Semi-Structured Data
•  Unstructured Data
•  Structured Data
Component Covered:
• Services
• Software

End users Covered:
•  Academia and Research
• IT and Telecommunication
• Transportation 
• Energy and Utility
• Media and Entertainment 
• Retail and Consumer Goods 
• Manufacturing 
• Healthcare and Life Sciences 
• Government and Defense
• Banking, Financial Services and Insurance (BFSI)
• Other End  Users 

Regions Covered:
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

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1 Executive Summary       
          
2 Preface        
 2.1 Abstract       
 2.2 Stake Holders      
 2.3 Research Scope      
 2.4 Research Methodology     
  2.4.1 Data Mining     
  2.4.2 Data Analysis     
  2.4.3 Data Validation     
  2.4.4 Research Approach     
 2.5 Research Sources      
  2.5.1 Primary Research Sources    
  2.5.2 Secondary Research Sources    
  2.5.3 Assumptions     
         
3 Market Trend Analysis      
 3.1 Introduction      
 3.2 Drivers       
 3.3 Restraints      
 3.4 Opportunities       
 3.5 Threats       
 3.6 End User Analysis      
 3.7 Emerging Markets      
 3.8 Futuristic Market Scenario     
         
4 Porters Five Force Analysis      
 4.1 Bargaining power of suppliers     
 4.2 Bargaining power of buyers     
 4.3 Threat of substitutes     
 4.4 Threat of new entrants     
 4.5 Competitive rivalry      
         
5 Global Big Data Market, By Deployment Model    
 5.1 Introduction      
 5.2  On-Demand      
 5.3 On-Premises      
         

List of Tables        
Table 1 Global Big Data Market Outlook, By Region (2016-2026) ($MN)   
Table 2

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Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

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