Market Overview:
The global big data management market is expected to grow from USD 9.02 billion in 2018 to USD 34.92 billion by 2030, at a CAGR of 19.5% during the forecast period. The growth of this market can be attributed to the increasing demand for big data management solutions across various industries, such as banking, finance and insurance (BFSI), IT and telecommunications, government and health care, manufacturing and logistics, and others. Furthermore, the growing trend of cloud-based deployments is also contributing to the growth of this market. However, lack of skilled professionals is restraining the growth of this market to some extent.
Product Definition:
Big data management is the process of managing large and complex data sets, which are often difficult to store and analyze using traditional methods. Big data management is important because it allows businesses to make better decisions by gaining a deeper understanding of their customer base and operations. Additionally, big data can be used to identify trends and patterns that would otherwise be hidden in smaller data sets.
Cloud Based:
Cloud-based solutions are software-as-a-service (SaaS) applications that store data on the cloud and allow access to it through a web browser. The main advantage of using cloud based services is that there is no need for installing additional software or hardware, all an individual needs is an internet connection and can use the service immediately.
On-Premise:
On-premise software is a type of software that is installed and used directly without any third-party involvement. The on-premise software solutions are developed by the companies/organizations in consultation with the IT service providers, which have access to the internet. On-premise deployment has several advantages such as high data security, easy retrieval of information, and low cost of ownership which makes it more preferable for big data management market.
Application Insights:
The banking, finance and insurance segment dominated the global big data management market in 2017. The increasing need for analyzing large volumes of financial transactions and customer insights is driving the adoption of big data analytics techniques in this sector. Moreover, growing concerns regarding frauds and thefts are further escalating the adoption of these technologies across banks. For instance, according to a study conducted by IBM Institute for Business Values (IBV), 55% of frauds occur during pre-transaction processing such as account opening or application approval. In addition, another study states that 70% to 80% of all fraud cases occur during online transaction processing or approval stages. These studies indicate a significant opportunity for technology-enabled improvements in anti-fraud activities which will eventually drive growth across various industries over the coming years.
Regional Analysis:
North America dominated the market in 2017. The growth of big data management in North America can be attributed to the presence of major technology players, such as IBM Corporation; Google LLC; Microsoft Corporation; and Amazon Web Services, Inc. (AWS). These companies are continuously working on developing advanced big data analytics solutions that can be integrated with cloud-based technologies for improved end-user experience. Moreover, these companies are also actively participating in various industry trade shows and conferences to showcase their latest products and solutions for end users. This is likely to boost regional growth over the forecast period.
Asia Pacific is expected to emerge as a lucrative region during the forecast period owing to increasing adoption of cloud based technologies by small & medium enterprises (SMEs) for storing huge volumes of raw data generated from sensors or other devices connected across different networks such as industrial IoT, social media etc.
Growth Factors:
- Increasing demand for big data management solutions from small and medium businesses (SMBs) due to the increasing volume of data generated by them.
- The growing popularity of big data management platforms and services that offer simplified, self-service interfaces to help users manage their big data more effectively.
- The increasing use of cloud-based big data management solutions, which provide scalability and flexibility, as well as reduced costs compared to on-premises solutions.
- The rising demand for real-time analytics and insights from big data, driving the need for faster and more efficient big data management tools and technologies.
- Growing concerns over information security among organizations in light of recent high-profile cyberattacks, leading many companies to invest in better security measures for theirbigdata environments
Scope Of The Report
Report Attributes
Report Details
Report Title
Big Data Management Market Research Report
By Type
Cloud Based, On-Premise
By Application
Banking, Finance and Insurance (BFSI), IT and Telecommunications, Government and Health Care, Manufacturing and Logistics, Others
By Companies
IBM, SAP, Oracle, SAS Institute, Teradata, Informatica, Talend, TIBCO Software, Riversand, SyncForce, Profisee Group, Reltio, Semarchy, Stibo Systems, EnterWorks
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
127
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Big Data Management Market Report Segments:
The global Big Data Management market is segmented on the basis of:
Types
Cloud Based, On-Premise
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Banking, Finance and Insurance (BFSI), IT and Telecommunications, Government and Health Care, Manufacturing and Logistics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IBM
- SAP
- Oracle
- SAS Institute
- Teradata
- Informatica
- Talend
- TIBCO Software
- Riversand
- SyncForce
- Profisee Group
- Reltio
- Semarchy
- Stibo Systems
- EnterWorks
Highlights of The Big Data Management Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud Based
- On-Premise
- By Application:
- Banking, Finance and Insurance (BFSI)
- IT and Telecommunications
- Government and Health Care
- Manufacturing and Logistics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Big Data Management Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Big data management is the process of managing large amounts of data to make it useful and accessible for business purposes. This can involve organizing data into manageable chunks, developing effective analytics tools, and deploying the right infrastructure to support big data processing.
Some of the major companies in the big data management market are IBM, SAP, Oracle, SAS Institute, Teradata, Informatica, Talend, TIBCO Software, Riversand, SyncForce, Profisee Group, Reltio, Semarchy, Stibo Systems, EnterWorks.
The big data management market is expected to register a CAGR of 19.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Big Data Management Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Big Data Management Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Big Data Management Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Big Data Management Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Big Data Management Market Size & Forecast, 2018-2028
4.5.1 Big Data Management Market Size and Y-o-Y Growth
4.5.2 Big Data Management Market Absolute $ Opportunity
Chapter 5 Global Big Data Management Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Big Data Management Market Size Forecast by Type
5.2.1 Cloud Based
5.2.2 On-Premise
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Big Data Management Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Big Data Management Market Size Forecast by Applications
6.2.1 Banking
6.2.2 Finance and Insurance (BFSI)
6.2.3 IT and Telecommunications
6.2.4 Government and Health Care
6.2.5 Manufacturing and Logistics
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Big Data Management Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Big Data Management Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Big Data Management Analysis and Forecast
9.1 Introduction
9.2 North America Big Data Management Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Big Data Management Market Size Forecast by Type
9.6.1 Cloud Based
9.6.2 On-Premise
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Big Data Management Market Size Forecast by Applications
9.10.1 Banking
9.10.2 Finance and Insurance (BFSI)
9.10.3 IT and Telecommunications
9.10.4 Government and Health Care
9.10.5 Manufacturing and Logistics
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Big Data Management Analysis and Forecast
10.1 Introduction
10.2 Europe Big Data Management Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Big Data Management Market Size Forecast by Type
10.6.1 Cloud Based
10.6.2 On-Premise
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Big Data Management Market Size Forecast by Applications
10.10.1 Banking
10.10.2 Finance and Insurance (BFSI)
10.10.3 IT and Telecommunications
10.10.4 Government and Health Care
10.10.5 Manufacturing and Logistics
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Big Data Management Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Big Data Management Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Big Data Management Market Size Forecast by Type
11.6.1 Cloud Based
11.6.2 On-Premise
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Big Data Management Market Size Forecast by Applications
11.10.1 Banking
11.10.2 Finance and Insurance (BFSI)
11.10.3 IT and Telecommunications
11.10.4 Government and Health Care
11.10.5 Manufacturing and Logistics
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Big Data Management Analysis and Forecast
12.1 Introduction
12.2 Latin America Big Data Management Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Big Data Management Market Size Forecast by Type
12.6.1 Cloud Based
12.6.2 On-Premise
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Big Data Management Market Size Forecast by Applications
12.10.1 Banking
12.10.2 Finance and Insurance (BFSI)
12.10.3 IT and Telecommunications
12.10.4 Government and Health Care
12.10.5 Manufacturing and Logistics
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Big Data Management Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Big Data Management Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Big Data Management Market Size Forecast by Type
13.6.1 Cloud Based
13.6.2 On-Premise
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Big Data Management Market Size Forecast by Applications
13.10.1 Banking
13.10.2 Finance and Insurance (BFSI)
13.10.3 IT and Telecommunications
13.10.4 Government and Health Care
13.10.5 Manufacturing and Logistics
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Big Data Management Market: Competitive Dashboard
14.2 Global Big Data Management Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IBM
14.3.2 SAP
14.3.3 Oracle
14.3.4 SAS Institute
14.3.5 Teradata
14.3.6 Informatica
14.3.7 Talend
14.3.8 TIBCO Software
14.3.9 Riversand
14.3.10 SyncForce
14.3.11 Profisee Group
14.3.12 Reltio
14.3.13 Semarchy
14.3.14 Stibo Systems
14.3.15 EnterWorks
