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Big Data Market Segment by Regions and Industry Analysis by Players till 2025

(AsiaNewsWire.Net, September 14, 2018 ) The Global Big Data Market was valued at USD 28.95 billion in 2016 and is projected to reach USD 135.22 billion by 2025, growing at a CAGR of 18.68% from 2017 to 2025.

With growing technology, incorporation of new technology to enhance the services is required. Big data is one such complex set of analytics containing structured and unstructured data. Big data analytics cater to the needs of companies to develop operations and enhance the decisions making process. It contributes in time reduction, new product or application development, cybersecurity and many other aspects. The global big data market in rapidly growing as more number of companies are adopting for a platform which can provide them with easy solutions rapidly increasing volume of data.

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Increasing adoption of big data by organizations and enterprises along with growing demand for digital technologies are the two main key drivers of the global big data market. Apart from this, the availability of traditional infrastructure is preventing big data to establish completely in the global big data market.

Competitive Landscape:

The major players in the market are as follows:

Hewlett-Packard Enterprise
Amazon Web Services
IBM Corporation
SAS Institute
Dell, Inc.
Teradata Corporation
Oracle Corporation
Palantir Technologies, Inc.
Cloudera, Inc.
Hitachi, Ltd.
Guavus, Inc.
1010data, Inc.
Microsoft Corporation

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