Market Research Report
Big Data Analytics - Global Market Outlook (2020-2028)
|Published by||Stratistics Market Research Consulting||Product code||1004541|
|Published||Content info||150+ Pages
Delivery time: 2-3 business days
|Big Data Analytics - Global Market Outlook (2020-2028)|
|Published: April 1, 2021||Content info: 150+ Pages||
According to Stratistics MRC, the Global Big Data Analytics Market is accounted for $176.80 billion in 2020 and is expected to reach $453.63 billion by 2028 growing at a CAGR of 12.5% during the forecast period. The growing innovations and technological advancements and rising demands of big data tools in several applications are the factors driving the market growth. However, the security concerns and lack of awareness about the tools and techniques are hampering the growth of the market.
Big data analytics is an inspection of large and varied data sets commonly known as big data to discover hidden patterns. It is also widely used for discovering unknown correlations and some other useful information that can guide organizations to make more informed decisions, improved operational efficiency, and better opportunities.
Based on the end user, the healthcare & lifesciences segment is going to have lucrative growth during the forecast period due to factors such as reduced costs of treatment by detecting disease at an early stage, with which, the patients can be provided with evidence-based medicine by analyzing the past medical history. By geography, North America is going to have high growth during the forecast period, owing to the increasing saturation of big data giants in the region.
Some of the key players profiled in the Big Data Analytics Market include Amazon Web Services, Inc, Cloudera, Inc, Google LLC, Hewlett Packard Enterprise Development LP, Hitachi Vantara Corporation , IBM Corporation, MarkLogic Corporation , Microsoft Corp, New Relic, Inc , Oracle Corp, Pivotal Software, Inc, SAP SE , Sigma Data Systems , Tableau Software, and Teradata Corporation.
Organization Sizes Covered:
Analytic Types Covered:
End Users Covered:
Sales Channels Covered:
What our report offers:
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
NOTE: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the same manner above.