Global Big Data Technology and Services Market Analysis, Growth Drivers and Opportunities

Posted on 2018-07-07 by Mark Hub in Technology // 0 Comments

Rockville, US, 2018-Jul-07 — /EPR Network/ — As per the new report compiled by Fact.MR, the global market for big data technology and services is likely to witness strong growth. The market is expected to increase to 22.6% CAGR between 2017 and 2026. The global market for big data technology and services is estimated to reach US$ 183,971.9 million dollar by the end of 2026. One of the biggest trends in the big data technology and services market is the rise in market consolidation. Increasing number of computing vendors are acquiring companies to offer new big data technologies. Big data service providers are also focusing on increasing processing capabilities of big data solution.

Ongoing advancements in technology is contributing towards the redefine the strategies and progress in the fast-moving business environment. As the leading companies are focusing on converting significant challenges into opportunities, dealing with technological hurdles continues to remain a major roadblock. In order to maintain a progressive pattern, leading business organizations are incorporating cutting edge technologies such as robotic process automation, artificial intelligence, big data and cognitive computing. Leading organizations are accommodating the leading technological solutions in their integral data and analysis processes to solve complex business challenges and regain trust of their clients. Following insights show how the global big data technology and services market will perform in the coming years.

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4 Forecast Highlights on Global Big Data Technology and Services Market

North America is expected to remain dominant in the global big data technology and services market during the forecast period 2017-2026. A significant increase in data generation from various industry verticals is one of the key factors driving the big data technology and services market in North America. Big data technology and services market is witnessing growth in the U.S. and Canada. Moreover, healthcare and retail industry are the largest users of big data applications.
The software is expected to gain maximum traction in global big data technology and services market. By the end of 2026, software is estimated to surpass US$ 72,400 million revenue.
BFSI is likely to emerge as one of the largest industries in the global market for big data technology and services between 2017 and 2026. BFSI is projected to bring in close to US$ 33,700 million revenue towards 2026 end.
Big data technology and services to find the largest application in datacenter networking infrastructure during 2016-2026. Datacenter networking infrastructure is estimated to bring in nearly US$ 40,900 million revenue by the end of 2026.

Competition Tracking

Leading market players operating in the global big data technology and services market include IBM, Oracle Corporation, Microsoft Corporation, HP, SAP SE, Amazon Web services, Dell Incorporation (EMC), Teradata, Cisco Corporation and SAS Institute.

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Table of Contents

1. Global Economic Outlook

2. Global Big Data Technology and Services Market – Executive Summary

3. Global Big Data Technology and Services Market Overview
3.1. Introduction
3.1.1. Global Big Data Technology and Services Market Taxonomy
3.1.2. Global Big Data Technology and Services Market Definition
3.2. Global Big Data Technology and Services Market Size (US$ Mn) and Forecast, 2012-2026
3.2.1. Global Big Data Technology and Services Market Y-o-Y Growth
3.3. Global Big Data Technology and Services Market Dynamics
3.4. Forecast Factors in Big Data Technology & Services Market
3.5. Big Data Technology Ecosystem
3.6. The Evolution of Big Data Technology & Services
3.7. PESTLE Analysis
3.8. Vendor Mapping with Solution Type
3.9. Key Participants Market Presence (Intensity Map) By Region
3.10. Region wise PLC Mapping

4. Global Big Data Technology and Services Market Analysis and Forecast 2012-2026
4.1. Global Big Data Technology and Services Market Size and Forecast By Category, 2012-2026
4.1.1. Server Market Size and Forecast, 2012-2026
4.1.1.1. Revenue (US$ Mn) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. Storage Market Size and Forecast, 2012-2026
4.1.2.1. Revenue (US$ Mn) Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region
4.1.3. Networking Market Size and Forecast, 2012-2026
4.1.3.1. Revenue (US$ Mn) Comparison, By Region
4.1.3.2. Market Share Comparison, By Region
4.1.3.3. Y-o-Y growth Comparison, By Region
4.1.4. Software Market Size and Forecast, 2012-2026

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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