Global Big Data Market report from Global Insight Services is the single authoritative source of intelligence on Big Data Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Big Data technology is a term used to describe a collection of technologies that are used to collect, store, process and analyze large data sets. The goal of Big Data technology is to help organizations make better decisions by providing them with the ability to see patterns, trends and correlations that would otherwise be hidden in traditional data sets.
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Key Trends and Drivers
The major drivers of the big data market include the increasing adoption of cloud-based solutions, the need for efficient data management, and the need to process large volumes of data.
The increasing adoption of cloud-based solutions is one of the major drivers for the growth of the big data market. Cloud-based solutions offer various benefits, such as scalability, flexibility, and cost-effectiveness. These solutions enable organizations to store, process, and analyze data conveniently.
The need for efficient data management is another driver for the growth of the big data market. The increasing volume of data generated from various sources, such as social media, sensors, and clickstreams, needs to be managed effectively. Big data solutions help organizations to store, process, and analyze this data conveniently.
Market Segments
By Component
- Solutions
- Big Data Analytics
- Data Discovery
- Data Visualization
- Data Management
- Services
By Deployment Mode
- Cloud
- Public Cloud
- Private Cloud
- Hybrid Cloud
Key Players
- IBM
- Oracle
- Microsoft
- SAS
- SAP
- Alteryx
- TIBCO
- Cloudera
- Teradata
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