Global Big Data Enabled Market 2015-2019 Covering: Market forecast for big data enabled services until 2019. The market research study presents an analysis of the key application areas for big data that include smart manufacturing, telehealth, mobile LBS, financial risk analysis, and smart oilfields. Market shares for APAC, Americas, and EMEA regions are also included in this research report. The top companies analyzed by this report are IBM, HP, Dell, and SAP.
Outlook of the global big data enabled services market Technavio’s market research analysts predict the big data enabled market to grow at a CAGR of over 23% by 2019. Its growth stems from increasing data volume from organizations across all the sectors and the increasing need to enhance business productivity and efficiency.
Also, the inherent advantages of big data helps organizations improve their customer experience while reducing costs. The growing adoption of third-platform technologies like analytics and the cloud help obtain powerful, actionable insights at lower costs, and it is thus expected to drive the growth of big data further across many sectors.
Research scope and segmentation of the global big data enabled market To calculate the market size, analysts have considered the markets that have been enabled by big data. These are spread across industries that include manufacturing, healthcare, oil and gas, BFSI, and retail, and it covers markets such as manufacturing, telehealth, smart oilfield, risk analytics in the financial sector, and mobile LBS.
Upcoming trends, drivers, and challenges for big data Structured data is derived from traditional applications like such as ERP, SCM, and CRM tools while unstructured data is derived from web-based searches, social networks, and cloud-based applications. It is practically impossible to analyze such large volumes of data manually. Hence, organizations are increasingly implementing big data technology and solutions.
Smart manufacturing is currently trending in the market. By combining information technology, industrial automation, and human intelligence is transforming traditional factories from cost centers into profit centers.
However, the market is witnessing a shortage of skilled professionals like statistical data scientists, big data analysts, infrastructure professionals with data virtualization experience, and solution architects with knowledge of handling the data in Hadoop and other big data related platforms.
Geographical segmentation of the big data enabled market The report presents a detailed analysis of the market shares of the following regions: - Americas - EMEA - APAC
Leading vendor analysis included in the report - IBM - HP - Dell - SAP
Other prominent vendors in this market are 1010data, Accenture, Amazon, Attivio, CareFusion, Cisco, Cognizant, Cloudera, DataStax, Epic Systems, Explorys, EMC, GNS Healthcare, Google, Hitachi, Hortonworks, Humedica, Informatica, InterSystems, MapR Technologies, MarkLogic, McKesson, Microsoft, MongoDB, MuSigma, NTT Data, Oracle, Palantir, Philips Healthcare, PwC, Salesforce.com, SAS, Sogeti Healthcare, Teradata, and UnitedHealth.
Key questions answered in the report - What are the key factors driving the big data enabled market? - What are the key market trends impacting the growth of the big data enabled market? - What are the various opportunities and threats faced by the vendors in the big data enabled market? - Trending factors influencing the market shares for EMEA, APAC, and Americas? - Key outcome of the five forces analysis on the big data enabled market? - Growth forecast of the big data enabled market until 2019?
Technavio also offers customization on reports based on specific client requirement.
Related reports - Global Big Data IT Spending in Financial Sector- Market Research 2015-2019 - Global Big Data Spending in Healthcare Industry- Market Research 2015-2019 - Big Data Professional Services Market in Western Europe 2015-2019 - Global Big Data Professional Services Market 2015-2019
Our reports have been used by over 10K customers, including:
The global data discovery market size to grow from USD 7.0 billion in 2020 to USD 14.4 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 15.6% during the forecast period. Various factors such as the growing need to discover sensitive structured and unstructured data, increasing investments in data privacy with evolving regulations,...
The global business rules management system market size would grow from USD 1.0 billion in 2020 to USD 1.8 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 11.8% during the forecast period. The growth of the business rules management system market can be attributed to reduced dependency on IT teams for writing business rules and...
The high-performance computing market is expected to witness a CAGR of 6.13% over the forecast period from 2020 to 2025. Factors, such as increasing investments in the Industrial Internet of Things (IIoT), artificial intelligence (AI), and engineering, which demand electronic design automation (EDA), are likely to drive the market over the...
The Global Video Analytics Market was valued at USD 1528.1 million in 2019, and it is expected to reach USD 4142.7 million by 2025, registering a CAGR of 24.5% during the period of 2020-2025. Analytics has enabled various end-users in the usage of specific data insights into actionable intelligence for numerous functions. The ideas could be...
The system of insight market was valued at US$ 1,537.86 million in 2019 and it is projected to reach US$ 4,914.52 million by 2027; it is expected to grow at a CAGR of 15.9% from 2020 to 2027. Due to digital transformation, the operations are handled automatically, mitigating human errors and increasing business productivity.Industries...
350 pages •
By Global Industry Analysts
• Sep 2020
The global market for Data Historian is projected to reach US$1.1 billion by 2025, driven by the rise of industrial big data and the growing importance of storing process data for time-series analysis to extract phenomena like long-term trends, cyclical fluctuations and anomalies. With modern businesses operating in data-intensive environments,...
The global digital transformation market (henceforth referred to as the market studied) is expected to register a CAGR of 18.5%, during the period of 2020-2025. Digital Transformation refers to the use of digital technology to solve traditional problems. Shifting from conventional to new digitalized business models facilitates the introduction...
58 pages •
By Euromonitor International
• Dec 2020
Consumer engagement, retention, loyalty and trust begins pre-trip, builds in-trip and ends post-trip, to start again in a constant cycle. Without adopting digital innovation and a digital-first mindset, travel brands will be destined to fail in their engagement and relationship with consumers. Taking a holistic view of the traveller journey...
Yum! Brands, Inc. - Enterprise Tech Ecosystem Series
Summary
Yum! Brands, Inc. (YBI) is a global quick service restaurant (QSR) company that operates, franchises, and licenses both traditional and non-traditional QSRs. It operates restaurants under the brands KFC, Pizza Hut, Taco Bell, and The...
J Sainsbury plc - Enterprise Tech Ecosystem Series
Summary
J Sainsbury plc (Sainsbury’s) is a multi-channel retailer that offers groceries, general merchandise, and clothing products through its retail outlets.The company operates supermarkets and convenience stores under the brand names Sainsbury’s,...
Advanced IT
United Kingdom
England
World
Online Expenditure
Online Retail Sales
By continuing to use this site you consent to the use of cookies on your device as described in our Cookie Policy unless you have disabled them.
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.