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Big Data And Analytics Services Global Market Worth $280.43 Billion at a CAGR of 16.0% By 2028 | Key Players: Oracle Corporation, Microsoft Corporation, SAP SE, TIBCO Software Inc., Teradata Corporation
Big Data And Analytics Services Market
The Business Research Company's Big Data And Analytics Services Global Market Report 2023 identifies the increasing growth of integration of internet of things in daily lives is a key factor driving the growth of the big data and analytics services market. When organizations take a hold of the data for the purpose of research, IoT serves as a major source for that data and this is the point where the position of big data in IoT comes into the picture.
The big data and analytics services market size has grown rapidly in recent years. It will grow from $137.23 billion in 2023 to $154.79 billion in 2024 at a compound annual growth rate (CAGR) of 12.8%. The growth in the historic period can be attributed to data explosion, business intelligence, regulatory compliance, competitive advantage. The big data and analytics services market size is expected to see rapid growth in the next few years. It will grow to $280.43 billion in 2028 at a compound annual growth rate (CAGR) of 16.0%.
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Major companies operating in the big data and analytics services market include International Business Machines Corporation, Oracle Corporation, Microsoft Corporation, SAP SE, TIBCO Software Inc., Teradata Corporation, Amazon Web Services Inc., SAS Institute Inc., Tableau Software Inc., Alteryx Inc., SiSense Inc., Splunk Inc., Google LLC, Talend Inc., Salesforce.com Inc., Micro Focus International PLC, Hewlett Packard Enterprise Company, MicroStrategy Incorporated, Adobe Inc., ThoughtSpot Inc., QlikTech International AB, Informatica LLC, Cloudera Inc., Palantir Technologies Inc., VMware Inc., Treasure Data Inc., Striim Inc., Splice Machine Inc., Pentaho Corporation, New Relic Inc., FourKites Inc., CB Insights Inc., Information Builders Inc., Cisco Systems Inc., MapR Technologies Inc., MarkLogic Corporation, NetApp Inc., Domo Inc., Pivotal Software Inc., Hortonworks Inc., LexisNexis Risk Solutions, Imply Corporation, DataStax Inc., Dataiku Inc., Fluentd Inc., Hazelcast Inc., Groundhog Technologies, Qumulo Inc., Sizmek by Amazon, Workday Inc., Cybatar AG, Pure Storage Inc., Amdocs Limited, Big Data Scoring Inc.
The growing adoption of cloud-based solutions is expected to drive the growth of the big data and analytics services market forward. Cloud-based solutions refer to software, applications, storage, or IT resources that are hosted and delivered over the internet (the cloud).
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The Big Data And Analytics Services market is segmented -
1) By Deployment Mode: On-Premise, Cloud, Other Deployment Mode
2) By Application: Customer Analytics, Supply Chain Analytics, Marketing Analytics, Pricing Analytics, Spatial Analytics, Workforce Analytics, Risk & Credit Analytics, Transportation Analytics., Other Applications
3) By Vertical: Transportation And Logistics, BFSI, Travel And Hospitality, Healthcare And Life Sciences, Manufacturing, Other Verticals
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Big Data And Analytics Services market.
The Business Research Company's "Global Big Data And Analytics Services Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Big Data And Analytics Services Market Include:
1. Executive Summary
2. Big Data And Analytics Services Market Characteristics
3. Big Data And Analytics Services Market Trends And Strategies
4. Big Data And Analytics Services Market - Macro Economic Scenario
5. Global Big Data And Analytics Services Market Size and Growth
……
31. Global Big Data And Analytics Services Market Competitive Benchmarking
32. Global Big Data And Analytics Services Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Big Data And Analytics Services Market
34. Big Data And Analytics Services Market Future Outlook and Potential Analysis
35. Appendix
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