Big Data Market Technology Advancement and Future Scope Till 2023

Big Data originally emerged as a term to describe datasets whose size is beyond the ability of traditional databases to capture, store, manage and analyze. However, the scope of the term has significantly expanded over the years. 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.

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

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Hardware, Software & Professional Services
Hardware
Software
Professional Services

Horizontal Submarkets
Storage & Compute Infrastructure
Networking Infrastructure
Hadoop & Infrastructure Software
SQL
NoSQL
Analytic Platforms & Applications
Cloud Platforms
Professional Services

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Regional Analysis For Big Data Market:

For the comprehensive understanding of market dynamics, the global Big Data Market is analysed across key geographies namely: United States, China, Europe, Japan, South-east Asia, India and others. Each of these regions is analysed on the basis of market findings across major countries in these regions for a macro-level understanding of the market.

Important Features that are under Offering and Key Highlights of the Reports:

Detailed overview of Big Data Market.
Changing market dynamics of the Big Data Market industry.
In-depth segmentation of Big Data Market by Type, Application etc.
Historical, current and projected market size in terms of volume and value.
Recent industry trends and developments.
Competitive landscape of Big Data Market.
Strategies of key players and product offerings.
Potential and niche segments/regions exhibiting promising growth.

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Key Findings

The report has the following key findings:

- In 2016, Big Data vendors will pocket over $46 Billion from hardware, software and professional services revenues.

- Big Data investments are further expected to grow at a CAGR of 12% over the next four years, eventually accounting for over $72 Billion by the end of 2020.

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