openPR Logo
Press release

Potential Impact of COVID-19 on Big Data Market

Global Big Data Market – Overview

Big data is a term that refers to type of data sets that are huge and too complex for conventional data processing practices. It can be defined as having one or more characteristics such as high variety, high velocity, or high volume. Rapidly growing traffic of mobile data as well as the fast development of new technologies such as internet of things and artificial intelligence are all expected to help in the development of the global big data market.

Obtain Report Details @ https://www.transparencymarketresearch.com/big-data-market.html

Global Big Data Market – Notable Developments

The competitive landscape of the global big data market is a fragmented one with the presence of several key players. These players are constantly striving to bring innovative and new solutions in the market to acquire more customers. Moreover, there have been increasing investments for promoting the activities of research and developments.

Some of the big names in the global big data market include names such as Oracle, IBM, Microsoft, SAP SE, Dell, Amazon Web Services, and Splunk among others.

In May 2018, IBM announced that the company has launched new cloud service called Cloud Private Data that was designed for helping organizations to use machine learning and data science techniques.

Global Big Data Market – Drivers and Restraints

There is a plethora of reasons that are helping to drive the growth of the global big data market. One of the biggest driving factors for the growth of the global market has been the growing adoption of technology across the globe. In recent years, there has been a tremendous growth in terms of generation of data across all key channels. With technological advancements, it is now possible to get valuable information such as patterns, data insights, and trends from the burgeoning data. Such insights are possible due to the data sorting and analyzing ability of Big Data. Thus, the market is witnessing an ample demand from the end-user application sectors. This too is helping to push the development of the global market. Another important factor that is complementing this development of the market is the growing proliferation in terms of data generation.
For More Details, Request A Sample Report@https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=801

In addition to this, with increasing use of smartphones and tablets there has been a tremendous rise in data collection through respective apps. Furthermore, growing penetration of the internet, increasing adoption of big data among enterprises, and the growing number of Internet of Things (IoT) devices among masses are all helping to push the development of the global market for big data.

Global Big Data Market – Geographical Outlook

In terms of geographical segmentation of the global big data market, there are five major regions. These regions are Latin America, Asia Pacific, Middle East and Africa, Europe, and North America. Of these regions, currently, the global market is dominated by the region of North America. Presence of highly developed technological infrastructure is one of the key reasons behind the development of the big data market in North America. Moreover, presence of several notable companies operating in the regional market is also responsible for driving the growth of the North America market.

On the other hand, the regional segment of Asia Pacific is projected to witness a promising growth in the next few years of the forecast period. The growth of the regional market is driven by the increasing demand from several emerging economies such as Philippines, India, and China among others. These emerging economies are putting in heavy investments for the development of their domestic IT infrastructure. Such investments are creating ample business opportunities for the growth of the big data market in the region. Moreover, India and China are now on course to become huge technology hubs. This too is projected to drive the market growth in the region.

Contact us:

Transparency Market Research
State Tower,
90 State Street, Suite 700,
Albany NY - 12207,
United States
Tel: +1-518-618-1030

TMR offers meticulously researched market studies. We are leaders in providing cutting-edge market intelligence reports that are brought out of more than 5 million hours of expertize in market intelligence at the global, national, and local levels.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Potential Impact of COVID-19 on Big Data Market here

News-ID: 2162587 • Views: 290

More Releases from Transparency Market Research

Synthetic Blood Substitutes and Blood Products Market Demand Research Report Ana …
Synthetic blood substitute or artificial blood is a replacement for blood. It generally replicates and fulfills some functions of blood and provides an alternative to blood transfusion. The main purpose of artificial blood is transportation of oxygen and carbon dioxide across the body. View Report : https://www.transparencymarketresearch.com/synthetic-blood-substitutes-blood-products-market.html Blood loss due to traumatic injuries and diseases is responsible for thousands of deaths each year. Furthermore, fresh blood can be stored for only 42
Medical Computer Carts Market Trends Research Report Analysis Revealing Key Driv …
Medical computer carts can be defined as medical carts used by medical staff for several day to day activities such as checking electronic medical records, distributing drugs, charting and EMR, medication dispensing, and nursing education. These are suitable for large hospitals, health clinics, pharmacies, and psychiatric hospitals. View Report : https://www.transparencymarketresearch.com/medical-computer-carts-market.html The global medical computer carts market has witnessed strong growth in the past few years driven by increased adoption of electronic
Impact of Outbreak of COVID-19 on Stair Lift Manufacturing Market : Global Indus …
Global Stair Lift Manufacturing Market: Overview Stair lift, commonly used in home care settings or healthcare facilities, are motorized seats which run along a rail or track and are powered by alternating current or batteries so that they can function even during power outages. Stair lifts for both straight and curved staircases are available in the market and they can be completely customized too. They are easy to operate and have
Analysis of Potential Impact of COVID-19 on Knee Implants Market
Global Stair Lift Manufacturing Market: Overview Stair lift, commonly used in home care settings or healthcare facilities, are motorized seats which run along a rail or track and are powered by alternating current or batteries so that they can function even during power outages. Stair lifts for both straight and curved staircases are available in the market and they can be completely customized too. They are easy to operate and have

All 5 Releases


More Releases for Big

Big Market Research
Big Market Research has added a report, titled, “Global Financial Technology (FinTech) Market Size, Status and Forecast 2022.”The report provides a detailed information and analysis of production, revenue, drivers & opportunities, key manufacturers, and competitive landscape. Furthermore, current market trends and growth opportunities are discussed along with extensive analysis of each segment for the historic period, 2012–2017 and the forecast period, 2017–2022. ABSTRACT About Financial Technology (FinTech) Market An overview of the
Big Market research
According to a report added by Big Market Research, titled, “2017-2022 Malaysia 3D Animation Software Market Report (Status And Outlook)”. Get Sample@ https://goo.gl/YgkrFg The research is of utmost significance to big market players as it offers a comprehensive understanding of continuous changes in the supply and demand scenario. The report a brief introduction on the Malaysia 3D Animation Software Market in reference to scope and product. It divides the market
Big Market Research
Big Market Research added a report “Global Frozen Fish and Seafood Market Research Report 2017” The Global Frozen Fish and Seafood Market Research Report is a comprehensive study of the recent market trends and consumption analysis in the global industry. The report provides an in-depth analysis for the historic period, 2012–2017 and the forecast period, 2017–2022. Market overview is offered on the basis of product overview and scope of Global Frozen
Big Data – Small Devices
Are we facing a new way of doing data science? Do we need novel methods for machine learning? On Monday, March 7, leading IT experts will convene at the German Center for Research and Innovation (GCRI) in New York for a discussion on Big Data and resource-restricted systems. NEW YORK (March 3, 2016) – The amount of digitally recorded information in today’s world is growing exponentially. Massive volumes of user-generated information
ParetoLogic Raises Big Bucks for Big Bike
This year’s Big Bike fundraiser for the Heart and Stroke Foundation raised almost $100,000 in Victoria, with over $10,000 of that coming from ParetoLogic. As the highest fundraiser in Greater Victoria, the software developers were awarded the Golden Gears award. ParetoLogic more than doubled their initial team goal of $5,000 due to overwhelming support from the staff and management of ParetoLogic. “This charity has a personal connection for many of
Small box – big effect
ERICH JAEGER develops cost-saving front distribution box for trailers and semi-trailers (Friedberg, December 2008). When driving a truck-trailer combination, it is crucial that all electrical signals are reliably transmitted from towing vehicle to trailer or semi-trailer; otherwise, a problem-free handling of truck and trailer cannot be guaranteed. Therefore, it is important to employ connectors of high quality: Components which are installed at the exterior of any commercial vehicle have to bear