Big Data Market Investments Worth $72 Billion by 2020

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Big Data Market Investments Worth $72 Billion by 2020

  The June 2016 big data market report indicates that global spending on big data technology is expected to surpass $46 Billion by the end of 2016. Besides profiling 150 leading ecosystem players in the Big Data arena, this report also covers 56 comprehensive vertical market case studies. The Big Data market value chain is […]

 

The June 2016 big data market report indicates that global spending on big data technology is expected to surpass $46 Billion by the end of 2016. Besides profiling 150 leading ecosystem players in the Big Data arena, this report also covers 56 comprehensive vertical market case studies.

The Big Data market value chain is complex with many significant players across different segments of the market, including hardware providers, software providers, professional services providers, end-to-end solution providers and vertical enterprises.

The Hardware providers form a key link in the big data market and value chain. This segment of the value chain includes storage, compute and networking infrastructure providers. Computer infrastructure providers supply the embedded processing and infrastructure (i.e. servers) necessary to run Big Data solutions. That includes Hadoop & Infrastructure Software Providers; Analytic Platform & Application Software Providers; Cloud Platform Providers. And professional services providers of big data market include End-to-End Solution Providers and Vertical Enterprises.

Amid the proliferation of real time data from sources such as mobile devices, web, social media, sensors, log files and transactional applications, Big Data market has found a host of vertical market applications, ranging from fraud detection to scientific R&D.

Despite challenges relating to privacy concerns and organizational resistance, Big Data market investments continue to gain momentum throughout the globe. The research estimates that Big Data investments will account for over $46 Billion in 2016 alone. These investments are further expected to grow at a CAGR of 12% over the next four years.

This report provides revenue info for Global Big Data Market 2016 – 2030 ($ Million) by Submarket (Storage and Compute Infrastructure, Networking Infrastructure, Hadoop & Infrastructure Software, SQL, NoSQL, Analytic Platforms & Applications, Cloud Platforms, Professional Services), Vertical Market (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, Wholesale & Hospitality, Telecommunications, Utilities & Energy and Others), Region and Country. Further the report also provides revenue information by Hardware, Software and Professional Services.

Then the report provides Big Data Vendor Market Share (%) by Hardware, Software and Professional Services. The report calculates the Global IT Expenditure driven by Big Data Market Investments: 2016 – 2030 ($ Million) by Functional and Indirect Big Data Spending. The report also analyzes the global M2M connections by access technology 2016 – 2030 (Millions)    by Wide Area and Short Range.

List of big data market companies mentioned in this research include 1010data, Accel Partners, Accenture, Actian Corporation, Actuate Corporation, Adaptive Insights, adMarketplace, Adobe, ADP, Advizor Solutions, AeroSpike, AFS Technologies, Alameda County Social Services Agency, AlchemyDB, Aldeasa, Alpine Data Labs, Alteryx, Altiscale, Altosoft, Amazon.com, Ambulance Victoria, AMD, AnalyticsIQ, Antic Entertainment, Antivia, AOL, Apple and more.

The Big Data Market: 2016 – 2030 – Opportunities, Challenges, Strategies, Industry Verticals and Forecasts report has identified that 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, big data 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, the research expects Big Data software revenue to exceed hardware investments by over $7 Billion.

Source: Market Reports Hub

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