openPR Logo
Press release

Big Data technology is expected to surpass $57 Billion by the end of 2017

04-24-2017 12:58 PM CET | IT, New Media & Software

Press release from: Market Reports Center Tech

Big Data technology is expected to surpass $57 Billion by the end

Latest report indicates that global spending on Big Data technology is expected to surpass $57 Billion by the end of 2017.
Originally used as a term to describe datasets whose size is beyond the ability of traditional databases, the scope of Big Data 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.
Despite challenges relating to privacy concerns and organizational resistance, Big Data investments continue to gain momentum throughout the globe. Research estimates that Big Data investments will account for over $57 Billion in 2017 alone. These investments are further expected to grow at a CAGR of approximately 10% over the next three years.
Download Free Sample at https://marketreportscenter.com/request-sample/538154
The “Big Data Market: 2017 – 2030 – Opportunities, Challenges, Strategies, Industry Verticals & Forecasts” report presents an in-depth assessment of the Big Data ecosystem including key market drivers, challenges, investment potential, vertical market opportunities and use cases, future roadmap, value chain, case studies on Big Data analytics, vendor market share and strategies. The report also presents market size forecasts for Big Data hardware, software and professional services from 2017 through to 2030. The forecasts are further segmented for 8 horizontal submarkets, 14 vertical markets, 6 regions and 35 countries.
The report features the present scenario of the Big Data ecosystem across major geographic segments Asia Pacific, Eastern Europe, Latin & Central America, Middle East & Africa, North America and Western Europe along with an analysis of 73 country level markets for the demand of Big Data across each of these regions.
The report covers the competitive landscape of the market with the profiles some of the major participants in the Big Data market along with the analysis of the main market trends and business strategies.
Check Discount at https://marketreportscenter.com/request-discount/538154
Key Players: Accenture, Adobe Systems, BAE Systems, Baidu, Booz Allen Hamilton, Cisco Systems, Dell EMC, Ericsson, Fujitsu, IBM Corporation, IEEE, Infosys, Juniper Networks, Microsoft Corporation, NTT Data Corporation and many more.
Market forecasts are provided for each of the following submarkets and their subcategories:
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
Vertical Submarkets
- Automotive, Aerospace & Transportation
- Banking & Securities
- Defense & Intelligence
- Education
- Healthcare & Pharmaceutical
- Smart Cities & Intelligent Buildings
- Insurance
- Manufacturing & Natural Resources
- Web, Media & Entertainment
- Public Safety & Homeland Security
- Public Services
- Retail, Wholesale & Hospitality
- Telecommunications
- Utilities & Energy
- Others
Buy Copy Directly at https://marketreportscenter.com/buy-now?sku=SNSAPR241701
Key Questions Answered
The report provides answers to the following key questions:
- How big is the Big Data ecosystem?
- How is the ecosystem evolving by segment and region?
- What will the market size be in 2020 and at what rate will it grow?
- What trends, challenges and barriers are influencing its growth?
- Who are the key Big Data software, hardware and services vendors and what are their strategies?
- How much are vertical enterprises investing in Big Data?
- What opportunities exist for Big Data analytics?
- Which countries and verticals will see the highest percentage of Big Data investments?

Key Findings
The report has the following key findings:
- In 2017, Big Data vendors will pocket over $57 Billion from hardware, software and professional services revenues. These investments are further expected to grow at a CAGR of approximately 10% over the next four years, eventually accounting for over $76 Billion by the end of 2020.
- As part of wider plans to revitalize their economies, countries across the world are incorporating legislative initiatives to capitalize on Big Data. For example, the Japanese government is engaged in developing intellectual property protection and dispute resolution frameworks for Big Data assets, in a bid to encourage data sharing and accelerate the development of domestic industries.
- By the end of 2017, Research estimates that as much as 30% of all Big Data workloads will be processed via cloud services as enterprises seek to avoid large-scale infrastructure investments and security issues associated with on-premise implementations.
- The vendor arena is continuing to consolidate with several prominent M&A deals such as computer hardware giant Dell's $60 Billion merger with data storage specialist EMC.

Know more details of report at https://marketreportscenter.com/reports/538154/the-big-data-market-2017-2030-opportunities-challenges-strategies-industry-verticals-and-forecasts

Connect for more details:

Sam Collins
Market Reports Center
1-646-883-3044 (US)
info@marketreportscenter.com

Market Reports Center is an e-commerce platform obliging the needs of knowledge workers, experts, professionals who are subject to market research information for their work, or to make strategic business decisions. We are dedicated to create a comprehensive offering of market research which is accurate, credible and affordable.
Market Reports Center currently has more than 4,00,000 plus titles and 50+ Publishers on our platform and growing consistently. We cover more than 35 industry verticals being: Automotive, Electronics, Manufacturing, Pharmaceuticals, Healthcare, Chemicals, Construction, Agriculture, Food, Beverages, Banking & Finance, Media and Government, Public Sector Studies.

Sam Collins
Market Reports Center
1-646-883-3044 (US)
info@marketreportscenter.com

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 Big Data technology is expected to surpass $57 Billion by the end of 2017 here

News-ID: 511305 • Views: 167

More Releases from Market Reports Center Tech

VoLTE a $280 Billion opportunity, says new research report at Market Reports Cen …
Worldwide: New Report at Market Reports Center estimates that VoLTE service revenue will grow at a CAGR of approximately 30% between 2018 and 2021. By the end of 2021, VoLTE subscriptions will account for more than $280 Billion in annual service revenue VoLTE (Voice over LTE) technology allows a voice call to be placed over an LTE network, enabling mobile operators to reduce reliance on legacy circuit-switched networks. Powered by IMS
Password Management Market Professional Survey Report 2017
According to Stratistics MRC, the Global Password Management market is accounted for $421.52 million in 2016 and is expected to reach $1487.56 million by 2023 growing at a CAGR of 19.7%. Growing number of ways of resetting passwords, growing adoption of SSPR solutions in Smbs are some of the key factors driving the market growth. However, malpractices like customization requirements, synchronization and extensions are restraining the market. Password management is a software solution
Global Light Aircraft Market - Global Industry Analysis, Size, Share, Growth and …
A light aircraft is generally a one- to eight-seater aircraft, which has a maximum gross take-off weight of 12,500 lbs. Request to Sample of This Report @ https://marketreportscenter.com/request-sample/537322 Scope of the Report: Technavio's analysts forecast the global light aircraft market to grow at a CAGR of 5.63% during the period 2017-2021. Covered in this report The report covers the present scenario and the growth prospects of the global light aircraft market for 2017-2021. To
Global Automatic Tray Loading System Market - Global Industry Analysis, Size, Sh …
Automatic tray loading systems are equipment deployed for physical movement of goods/materials/products within the industrial facility, warehouse, and distribution centers. These systems are used to load the finished products in specific containers in a process line. Conveyor systems play a major role in automatic tray loading systems. These are customized products and are manufactured according to the specific requirements of the application and the end-users. Request to Sample of This Report

All 5 Releases


More Releases for Data

Data Prep Market Report 2018: Segmentation by Platform (Self-Service Data Prep, …
Global Data Prep market research report provides company profile for Alteryx, Inc. (U.S.), Informatica (U.S.), International Business Corporation (U.S.), TIBCO Software, Inc. (U.S.), Microsoft Corporation (U.S.), SAS Institute (U.S.), Datawatch Corporation (U.S.), Tableau Software, Inc. (U.S.) and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY
Weather Station Data Logger Collects Meteorological Data
Complete Weather monitoring using an Intelligent Universal Data Logger A construction company needed to collect meteorological data to study the effects of building materials such as roofing tile. CAS DataLoggers provided the dataTaker DT-85 for an environmental monitoring solution. Long-term monitoring of a variety of weather data is required to determine how the products perform under harsh environmental conditions. The field engineer desired a single recording device to connect with
How to turn Data into Smart Data
Both enterprises and individuals have to process some kind of data every day, whether it is a short message, a notification, a piece of news, statistics, a video, etc. If we accumulate all the data acquired in a month, the amount guarantees to shock anyone. Turning data into smart data As we go through the daily pile of data generated, not only must we record it, we also need to make sense
Data Quality and Data Governance Solution Market
In the enterprise data management ecosystem, data quality is a broad term which refers to the quality, integrity, and consistency of data and/or process etc. Data quality also implies the degree of data accuracy and consistency. On the other hand, data governance focusses on the management of data assets by assigning authority, control, and responsibility of data and encompasses three key areas: people, process, and technology. Data quality and data governance
B2B Data Matching Services | Leo Data Services
B2B Data Matching Services - Revolutionary Marketing Campaigns In today's business scenario, managing successfully B2B Data Matching for prospect customer can be a challenge even the most capable organizations. Business to Business Marketing services from Leo Data Services are always customized to meet the needs of the business prospects. We make sure that our clients have quick, reliable access to their data through several possible interface methods that cover everything from data
B2B Data Services - Data Management - Data Providers
When it comes to Online Marketing, B2B Data Services is a well-known name for maintaining reputation among Digital Marketing competitors. It is a one stop shop for start-ups and enterprises looking for cost cutting and out of box solutions in the field of Data Management and services related to Campaign Marketing, Mobile Viral Marketing, Social Media, Search Engine Optimization, Email Marketing Campaigns and Internet Marketing. Sharing space among the well-established