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Global Big Data Industry

Global Big Data Industry

  • January 2021
  • 245 pages
  • ID: 960361
  • Format: PDF
  • Global Industry Analysts

Summary

Table of Contents

MARKET IMPACT SURVEY - COVID-19 & LOOMING RECESSION

Timely market intelligence is paramount in these uncertain times!

We launched an impact survey to update this project with timely insights during 2020. Update frequency will depend upon evolving market conditions and executive opinions. Our participants are executives driving strategy, marketing, sales and product management at competitive companies worldwide. All updates during the rest of the year are complimentary to clients!

Project Details:
- StrategyR - A Trademark of Global Industry Analysts, Inc.
- Project Edition: 16
- Influencer Pool: 55487
- MarketGlass™ Platform - Our influencer driven interactive research platform draws from unique perspectives of participating executives from featured companies. In addition to being a global intelligence exchange platform, MarketGlass™ is a powerful knowledge center that delivers dynamic project-focused market intelligence. Client companies will have complete insider access to the project Data stack.
- Interactive peer-to-peer and enterprise-to-enterprise ideation and market intelligence exchange is facilitated via a robust, secure, and validated process. The process draws from uniquely qualified project-specific and geographically focused executives overseeing business development, marketing and sales operations.
  • Trends & Factors - Identifying and validating local trends and factors driving each competitive marketplace. These factors include pricing variances, market trajectories, Covid-19 impact and recovery, locally active leading brands, and other parameters impacting the region in the short to medium term such as supply chain realignments.
  • Mobile Access & App - Our mobile version of the report may be accessed via our mobile app or directly for a full mobile experience.
  • Complimentary Updates - for one year. At least one update in 12-month period is normal and anytime there’s a significant change affecting the market dynamics.
  • Bespoke Updates & Team Collaborations - Clients may build a bespoke version of our report with peers on our MarketGlass™ platform which enables multidimensional data simulations.
  • Knowledge Center - clients have full-stack data access for project data they support or purchase including primary research engagement stats, companies and executives.

Abstract:
- The global market for Big Data is forecast to reach US$86.1 billion by 2024, driven by the spectacular growth in the creation and consumption of data and the ensuing rise of big data as the most valuable commodity driving competitive advantage of modern enterprises. Data has long been a critical corporate asset, but only now it is being monetized by analytics to stay ahead of competition. With the cost of creating, aggregating, assimilating, storing, and accessing data continuously declining, analytical methods and tools are becoming ubiquitous and in the coming years are poised to become indispensable. Enterprises across the world, large and small, are going through analytics transformation supported by undisputable evidence that links the analytics capability with high business performance and competitiveness. The scenario provides stupendous potential for big data and analytics in creating value. New generation of big data analytical tools have the potential to unleash even bigger value, making the technology the next frontier for innovation, competition, productivity and smart decision making. A growing number of companies are embarking on the journey towards building a big data environment that brings together large number of disparate datasets. Big data analytics combined with artificial intelligence (AI) and machine learning is the key for survival in the data-driven age of analytics. The United States represents the largest market worldwide. Asia-Pacific is poised to emerge as the fastest growing market with a CAGR of 20.3% over the analysis period driven by factors such as rapid digitalization of the enterprise sector; strong adoption of IoT technologies in myriad industries; growing interest in data monetization as a source of revenue among enterprises; and the rise of big data as a valuable commodity capable of driving competitive advantage and also the ability to innovate, both of which are valuable strength for companies in emerging markets negotiating global competition and productivity excellence.

Select Competitors (Total 104 Featured) -
  • 1010data, Inc.
  • Accenture plc
  • Actian
  • Amazon Web Services, Inc.
  • Cazena, Inc.
  • Cloudera, Inc.
  • Datameer, Inc.
  • Dell EMC
  • Fujitsu
  • Google Inc.
  • Guavus, Inc.
  • Hewlett Packard
  • International Business Machines (IBM)
  • Microsoft Corporation
  • Oracle Corporation
  • Palantir Technologies
  • SAP SE
  • Splunk, Inc.
  • Teradata Corporation

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