Big Data Market Projected to grow at a CAGR of 22.4% over the Forecast Period 2016-2024

NEW YORK - Aug. 31, 2018 - PRLog -- According to Goldstein Research, global big data market (https://www.goldsteinresearch.com/report/global-big-data-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024)is anticipated to reach a market size of USD 200.0 billion by 2024, growing at a CAGR of 22.4% over the forecast period 2016-2024. The fact that technological advancement has easedthe accessibility of data at any time and from any place to the consumers is thus driving the demand for big data market. Moreover, continuous generation of data at abundant volume through various sectors is also raising the need for data analysis and is significantly building up the growth prospects for big data analytics. Further geographically, global big data industry is dominated by North America, anticipated to grow at a CAGR of 15.6% during the forecast period. Moreover by 2024, it is expected to continue its dominance over the global big data market.

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Market Segmentation
Global Big Data Market can be segmented as follows:
Based on Type of Data

• Unstructured DataMarket Analysis, 2016-2024
• Structured Data Market Analysis, 2016-2024
Based on Components

• Hardware Components Market Analysis, 2016-2024
• Software Components Market Analysis, 2016-2024
• Services Components Market Analysis, 2016-2024
Based on Application

• Financial Analytics Market Analysis, 2016-2024
• Risk Analytics Market Analysis, 2016-2024
• Customer Analytics Market Analysis, 2016-2024
• Operational Analytics Market Analysis, 2016-2024
Based on End-User

• Banking & Finance
• Government
• Transportation & Logistics
• Aerospace and Defense
• IT & Telecommunication
• Healthcare
• Energy & Utilities
• Manufacturing
• Other Sectors (Education)
By Region

• North America Big Data Market Analysis, 2016-2024
• Europe Big Data Market Analysis, 2016-2024
• Middle East And Africa Big Data Market Analysis, 2016-2024
• Latin America Big Data Market Analysis, 2016-2024
• Asia Pacific Big Data Market Analysis, 2016-2024
• Rest Of The World Big Data Market Analysis, 2016-2024

"Global Big Data Market Outlook 2024"contains detailed overview of the global big data market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by type of data, components, application, end user and geography.

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The Global Big Data Market Report encompasses the competitive outlook of major players across the globe that includes the R&D activities, investments, revenue distribution, financial analysis, business strategies and product portfolio. The in-depth analysis of big data market report will help the clients to assess their business strategies as per the competitive environment in the market space.

Major players of the global big data market discussed in the report are: IBM Corporation, Oracle Corporation, Amazon Web Services, Microsoft Corporation, Splunk Incorporated, Intel Corporation, TIBCO Software Inc., NetApp, Inc., Google, Dell Inc., SAP SE, VMware Inc., MicroStrategy, Inc., EMC Corporation,, HORTONWORKS, INC., Cloudera, Inc., Karmasphere Inc., Teradata Corporation, HP Enterprise,etc.

Further, global big data industry report encompasses the major trends & growth opportunities, market dynamics and other growth factors. The big data market outlookalso comprises of key challenges for the market players, risk analysis, SWOT Analysis, BPS analysis and Market Attractiveness. Report also includes the expert analysis which provides complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.
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