Press release
Transformative Trends Impacting the Big Data Infrastructure Market Landscape: Strategic Partnerships Driving Innovation In Big Data Infrastructure
Big Data Infrastructure
How Large Will the Big Data Infrastructure Market Size By 2025?
The size of the big data infrastructure market has seen a substantial increase in the past few years. Its anticipated growth is from $209.04 billion in 2024 to $253.61 billion in 2025, with a compound annual growth rate (CAGR) of 21.3%. The expansion in the previous period is due to factors such as data overload, the demand for business intelligence, adherence to regulations, the emergence of machine learning and AI (artificial intelligence), and increased connectivity.
How Big Is the Big Data Infrastructure Market Size Expected to Grow by 2029?
The market size for big data infrastructure is forecasted to witness substantial expansion in the coming years, reaching up to $550.16 billion by 2029 with a compound annual growth rate (CAGR) of 21.4%. This predicted growth during the forecast period is largely due to the incessant growth of data, edge computing, improved security protocols, the incorporation of artificial intelligence in infrastructure management, and industry-specific solutions. Technological advancement, the adoption of cloud, hybrid, and multi-cloud, containerization as well as microservices architecture, and industry-focused customizations are among the significant trends anticipated over the forecast period.
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Which Key Market Drivers Powering Big Data Infrastructure Market Expansion and Growth?
The rise in the use of cloud computing is projected to push the expansion of the big data infrastructure market. Cloud computing encompasses the provision of computing services such as storage, processing power, databases, networking, analytics, and software via the internet (the cloud), granting easy, on-demand access to a collective resource pool of adjustable computing resources. The usage of cloud computing is on the rise due to the growing demand for data backup solutions, scalability, and the swift deployment of new services and applications. Big data infrastructure is employed in cloud computing to assist the processing and examination of vast and intricate datasets, analyzing substantial volumes of data, taking advantage of scalability, cost-effectiveness, and flexibility offered by cloud environments. For example, the European Commission, a Belgium-based governmental entity, reported in April 2024 that in 2023, 77.6% of large enterprises registered usage of cloud computing services, which signifies a 6 percentage point growth from 2021. As for medium-sized enterprises, 59% utilized cloud services in 2023, an increase from 53% in 2021. There was also an uptick observed in small businesses, with the proportion escalating by 3.8 percentage points to 41.7% over the same duration. Therefore, the escalating integration of cloud computing is stimulating the expansion of the big data infrastructure market.
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Which Fast-Growing Trends Are Poised to Disrupt the Big Data Infrastructure Market?
Significant firms involved in the big data infrastructure industry are resorting to strategic collaborations to offer novel and economically efficient solutions to their customers. Establishing strategic alliances plays a pivotal role in promoting the acceptance and progression of big data infrastructure, enabling businesses to utilize data-driven insights for competitive edges and organizational expansion. For instance, in October 2023, NetApp Inc., a company specializing in intelligent data infrastructure based in the US, allied with Ducati Corse, an Italian sport-oriented motorcycle production company. This alliance's aim was to develop a jointly engineered data management and insight solution to transform Ducati's data infrastructure. The objective is to expedite top-tier motorcycle racing data analysis, guaranteeing almost immediate data sharing and analytics, thereby improving Ducati's software development, design, and engineering procedures. The jointly engineered solution of NetApp and Ducati Corse harnesses data management protocols that could potentially influence big data infrastructure due to the possible magnitude and intricacy of the data involved.
What Are the Emerging Segments in the Big Data Infrastructure Market?
The big data infrastructure market covered in this report is segmented -
1) By Type: Storage, Server, Networking
2) By Deployment: Cloud, On Premises, Hybrid
3) By Organization Size: Small And Medium Sized Enterprises (SMEs), Large Enterprises
4) By End-User: Banking Financial Services Insurance (BFSI), Government And Defense, Healthcare And Life Sciences, Information Technology And Telecommunications, Other End-Users
Subsegments:
1) By Storage: On-Premises Storage Solutions, Cloud Storage Solutions, Data Lakes, Object Storage, Network-Attached Storage (NAS)
2) By Server: Rack Servers, Blade Servers, Tower Servers, High-Performance Computing (HPC) Servers, Virtualized Servers
3) By Networking: Switches, Routers, Load Balancers, Network Management Solutions, Software-Defined Networking (SDN) Solutions
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Who Are the Global Leaders in the Big Data Infrastructure Market?
Major companies operating in the big data infrastructure market are Google LLC, Microsoft Corporation, Dell Technologies Inc., Amazon Web Services (AWS), Hitachi Data Systems, Intel Corporation, International Business Machine Corporation, Cisco Systems Inc., Oracle Corporation, SAP SE, Hewlett Packard Enterprise (HPE), Palantir Technologies, Teradata Corporation, Informatica LLC, Snowflake Inc., MongoDB Inc., Confluent Inc., Talend SA, Redis Ltd., Cloudera Inc., DataStax Inc., Couchbase Inc., Hortonworks Inc., Clustrix Inc., MapR Technologies India Pvt. Ltd., Syncsort Inc.
Which are the Top Profitable Regional Markets for the Big Data Infrastructure Industry?
North America was the largest region in the big data infrastructure market in 2024. The regions covered in the big data infrastructure market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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