Press release
Big Data Technology and Services Market Production, Trends, Price, Revenue, Share, Growth and Forecast Until 2026
The global market discussion on “Big Data Technology and Services” can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled “Big Data Technology and Services Market Forecast, Trend Analysis & Competition Tracking - Global Review 2017 to 2026”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on Global Big Data Technology and Services market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments have also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining competitive lead. Some of the prime regions emphasized in the study include key regions.According to Fact.MR, the global big data technology and services market is expected to represent a value of over US$ 183,900 Mn by the end of 2026.
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Adoption to Remain High in Business Organizations
Business organizations are constantly looking for solutions for managing vast amount of data that increases the business value. Incorporating of leading technological solutions such as big data technology and services enables the business organizations to identify vulnerable and sensitive data, which further helps in disclosing data patterns and correlations for better decision making process. As advanced technological solutions allow events forecasting and real-time monitoring arises, leading business organizations are looking to capitalize on these opportunities to leverage a competitive advantage over the other market players. As formulating effective strategies for business development has continued to remain a major challenge, leading organizations are incorporating advanced technological solutions to outline improved decision making process.
Supply Chain Management to Impact Global Market Growth
Unstructured data accumulation from abundant sources in the supply chain operations can obstruct the decision making process. As managing data flooding from various channels continues to pose significant challenges, supply chain managers are focusing on opting for leading technological solutions that enable segregating the overflow of data in an organized format. Incorporation of leading technological solutions further harness the potential of data analysis has led the supply chain managers to opt adopt big data solutions. Through implementation of the big data sources, the supply chain managers can optimize the cost and improve the efficiency and agility of the process. As overflow of information can offer enhanced and effective decision making process and solutions, adoption of the big data technology and services continues to remain high in the global market.
However, implementation of big data technology leads to modifying the entire approach and analysis patters. Modification in the entire approach further leads to additional investments and expenses. Moreover, various tools offered for management and analysis of data are unable to handle real-time analysis. These factors are expected to impact growth of the global big data technology and services market negatively during the forecast period.
BFSI Industry to Represent a Leading Segment
As the need for gathering and analyzing valuable business information and insights arises, demand for big data analytics software continues to remain high. On the basis of category type, the software segment is expected to represent the highest revenue growth, accounting for a value of over US$ 22,100 Mn by the end of 2026. In addition, the software category type segment is expected to register a significant CAGR throughout the forecast period.
Based on industry, the BFSI segment is expected to witness a significant revenue growth, recording a value of over US$ 1,400 Mn by the end of 2017. On the other hand, the retail & consumer goods industry segment is expected to register a healthy CAGR through 2026.
By application, the analytics and discovery segment is expected to generate significant revenues, accounting for a value of over US$ 12,100 Mn by the end of 2026. In contrary, the datacenter networking infrastructure application segment is expected to register a robust CAGR during the forecast period.
Competition Tracking
Leading market players operating in the global big data technology and services market include IBM, Oracle Corporation, Microsoft Corporation, HP, SAP SE, Amazon Web services, Dell Incorporation (EMC), Teradata, Cisco Corporation and SAS Institute.
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Table of Content
Global Economic Outlook
Global Big Data Technology and Services Market - Executive Summary
Global Big Data Technology and Services Market Overview
3.1. Introduction
3.1.1. Global Big Data Technology and Services Market Taxonomy
3.1.2. Global Big Data Technology and Services Market Definition
3.2. Global Big Data Technology and Services Market Size (US$ Mn) and Forecast, 2012-2026
3.2.1. Global Big Data Technology and Services Market Y-o-Y Growth
3.3. Global Big Data Technology and Services Market Dynamics
3.4. Forecast Factors in Big Data Technology & Services Market
3.5. Big Data Technology Ecosystem
3.6. The Evolution of Big Data Technology & Services
3.7. PESTLE Analysis
3.8. Vendor Mapping with Solution Type
3.9. Key Participants Market Presence (Intensity Map) By Region
3.10. Region wise PLC Mapping
Global Big Data Technology and Services Market Analysis and Forecast 2012-2026
4.1. Global Big Data Technology and Services Market Size and Forecast By Category, 2012-2026
4.1.1. Server Market Size and Forecast, 2012-2026
4.1.1.1. Revenue (US$ Mn) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. Storage Market Size and Forecast, 2012-2026
4.1.2.1. Revenue (US$ Mn) Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region
4.1.3. Networking Market Size and Forecast, 2012-2026
4.1.3.1. Revenue (US$ Mn) Comparison, By Region
4.1.3.2. Market Share Comparison, By Region
4.1.3.3. Y-o-Y growth Comparison, By Region
4.1.4. Software Market Size and Forecast, 2012-2026
4.1.4.1. Revenue (US$ Mn) Comparison, By Region
4.1.4.2. Market Share Comparison, By Region
4.1.4.3. Y-o-Y growth Comparison, By Region
4.1.5. Services Market Size and Forecast, 2012-2026
4.1.5.1. Revenue (US$ Mn) Comparison, By Region
4.1.5.2. Market Share Comparison, By Region
4.1.5.3. Y-o-Y growth Comparison, By Region
4.2. Global Big Data Technology and Services Market Size and Forecast By Industry, 2012-2026
4.2.1. BFSI Market Size and Forecast, 2012-2026
4.2.1.1. Revenue (US$ Mn) Comparison, By Region
4.2.1.2. Market Share Comparison, By Region
4.2.1.3. Y-o-Y growth Comparison, By Region
Continued@@@...
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