Press release
Big Data Analytics Market 2022: In-depth Research with Emerging Growth Trends, Regional Status of Top Key Players, Driving Factors, Business Strategies and Industry Size Forecast to 2028
Big Data Analytics Market 2022-2028
New study report" Big Data Analytics Market 2022 Market Opportunities, Challenges, Strategies, and Forecasts 2028″ has been added to Fortune Business Insights.
Market Overview:
The global big data analytics market size is expected to be worth USD 549.73 billion in 2028. The market size was USD 206.95 billion in 2020 and USD 231.43 billion in 2021. Further, the market is estimated to grow at a CAGR of 13.2% during the 2021-2028 period. This information is published by Fortune Business Insights™ in its report, titled, "Big Data Analytics Market, 2021-2028."
According to our analysts, big data analytics examines the unstructured and structured record to envision and deliver understandings grounded on connection, concealed configurations, varying trends in the market, and many more.
Driving Factors:
Rising Utilization of Edge Computing to Stimulate Demand for Analytics Tools
The quantity of associated IoT gadgets is growing owing to the increasing implementation of the Internet of things (IoT), artificial intelligence (AI), as well as machine learning algorithms (MLA). As per a report published by IDC data, 152,200 IoT gadgets are likely to be linked each minute by 2025.
Furthermore, the rising demand for linked devices is enhancing the employment of edge computing. With the ability to process data in real-time and speedier reply intervals, edge computing is predominantly relevant to industrial IoT. This factor is anticipated to promote the big data analytics market growth during the forecast period.
List of Companies Covered in the Big Data Analytics Market Report:
Microsoft Corporation
Dun & Bradstreet Holdings, Inc.
Equifax, Inc.
IBM Corporation
com, Inc.
SAP SE
Verisk Analytics Inc.
Dow Jones & Company, Inc.
Moody's Corporation
Oracle Corporation
SAS Institute Inc.
QlikTech International AB
TransUnion
Fair Isaac Corporation
Experian Information Solutions, Inc.
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Covide-19 Impact:
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
Method of Research:
Fail-safe, modern research methodologies are employed for the Big Data Analytics market analysis. An exhaustive primary and secondary research conducted on the market using robust research techniques aid in the prediction of the market size at the end of forecast period. Top-up and bottom-down approaches were maintained in the entire market study.
Report Coverage:
Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
Comprehensive insights into the regional developments.
List of major industry players.
Key strategies adopted by the market players.
Latest industry developments such as product launches, partnerships, mergers, and acquisitions.
Key Industry Development:
April 2021: The Wall Street Journal presented the WSJ/Realtor.com Emerging Housing Markets Index, meant to detect upward housing markets and the prospective for forthcoming house price upsurge along with an augmented standard of living.
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Segmentation:
The regional summarization of the Big Data Analytics market offers competitive strategies in different regions across the globe. Moreover, the market's key players are contributing to the market growth that tends to maximize the profits through the partnership in several places. The Big Data Analytics market research is done broadly with the mentioned region to embrace the outlook and the latest trend with the prospects in the given period of 2022-2028.
Regional Insights:
North America held the maximum big data analytics market share during the mentioned time period. The region observes the presence of important businesses through all the industries and is expansively executing the big data analytics software.
Asia Pacific perceived noteworthy CAGR during the forecast period owing to the expansion in BFSI, retail, manufacturing, healthcare and other industries. Along with leading nations such as India, China, South Korea, Japan, Singapore and others, the development latent for the market is broad in the region.
Europe has considerably augmented the implementation of progressive communication, network solution, social media, electronic devices, linked devices, and more. The broadly increasing data in the region is anticipated to boost the demand for analytical solutions.
Continue….
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About Us:
Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
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