Market Overview:
The global big data technology and service market is expected to grow from USD XX billion in 2018 to USD XX billion by 2030, at a CAGR of XX%. The growth of the market can be attributed to the increasing demand for big data technology and services across different industries. On-premise big data technology and service is expected to hold the largest share of the global market in 2018. However, cloud-based big data technology and service is projected to grow at a higher CAGR during the forecast period. This can be attributed to the growing trend of cloud adoption among enterprises. Telecom sector is expected to account for the largest share of the global market in 2018, followed by BFSI sector. However, manufacturing sector is projected grow at a higher CAGR duringthe forecast period.
Product Definition:
Big data technology and service is a platform that allows users to collect, process and store large amounts of data. The importance of big data technology and service is that it makes it easier for companies to analyze large amounts of data in order to make better business decisions.
On-premise:
On-premise software is installed and run from the provider's server. The data entered by users is not sent to any third party. It uses the provider's server for processing and displaying results. On-premise software has several advantages such as high performance, security, easy maintenance & development of applications are some of them.
Cloud-based:
Cloud-based is a term used to define software or applications that are hosted by a third party on their server. The data or application can be accessed from multiple locations through the internet. It offers benefits such as easy accessibility, cost effectiveness and quick deployment of services which are expected to drive the market growth over the forecast period.
Global Cloud-based Big Data Technology.
Application Insights:
The others application segment includes public sector, healthcare, media & entertainment and retail. The growing adoption of big data analytics in these sectors to improve services is expected to drive the market over the forecast period. For instance, according to Gartner Inc., by 2020 more than 80% of organizations will be using or deploying Hadoop-based solutions for their big data needs.
Telecom was the dominant segment in 2017 and accounted for a revenue share of more than 30%. The growth can be attributed to increasing demand from telecom companies for advanced services such as mobile number identification and location tracking systems based on huge datasets collected from various sources such as radio waves, phone calls and text messages. Moreover, major telecom operators are collaborating with technology providers that offer value-added services through insights derived from customer behavior patterns obtained through large datasets analyzed using advanced analytics techniques. Such factors are projected to fuel market growth over the forecast period.
Regional Analysis:
North America dominated the market in 2017. The growth of big data technology and services in North America can be attributed to the presence of major players, such as IBM Corporation; Google Inc.; Microsoft Corporation; Amazon Web Services, Inc.; and SAS Institute, Inc. Moreover, these companies are continuously investing in R&D activities to develop advanced big data technologies that can be used for various purposes such as predictive analysis and pattern recognition.
Asia Pacific is expected to emerge as a lucrative region over the forecast period owing to increasing adoption of cloud-based big data technology solutions by small & medium enterprises (SMEs) for analyzing their business operations. Furthermore, government initiatives encouraging use of open source software for developing smart cities are also driving regional growth.
Growth Factors:
- Increasing demand for data-driven decision making: The growth of big data technology and services is propelled by the increasing demand for data-driven decision making across industries. Organizations are looking to big data solutions to help them make better and faster decisions by analyzing large volumes of unstructured data.
- Proliferation of connected devices: The number of connected devices is growing at a rapid pace, creating more opportunities for organizations to collect and analyze large amounts of data. Big data technology and services can help organizations make sense of all this information in order to improve their business operations.
- Emergence of new applications: There is a growing demand for big data applications that can help organizations gain insights into their businesses in real time. This has led to the emergence of new bigdata players that are focused on developing innovative applications specifically for bigdata analytics purposes .
Scope Of The Report
Report Attributes
Report Details
Report Title
Big Data Technology and Service Market Research Report
By Type
On-premise, Cloud-based
By Application
Telecom, BFSI, Manufacturing, Transportation, Others
By Companies
IBM, Microsoft, MicroStrategy Incorporated, Information Builders Inc, SAS, Accenture, Cisco, HPE, SAP, Oracle
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
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Big Data Technology and Service Market Report Segments:
The global Big Data Technology and Service market is segmented on the basis of:
Types
On-premise, Cloud-based
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
Telecom, BFSI, Manufacturing, Transportation, 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
- Microsoft
- MicroStrategy Incorporated
- Information Builders Inc
- SAS
- Accenture
- Cisco
- HPE
- SAP
- Oracle
Highlights of The Big Data Technology and Service 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:
- On-premise
- Cloud-based
- By Application:
- Telecom
- BFSI
- Manufacturing
- Transportation
- 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 Technology and Service 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
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- Understanding Competition Scenario
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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 technology and service is a term used to describe the use of big data technologies and services in order to manage, process, analyze, and store large amounts of data.
Some of the key players operating in the big data technology and service market are IBM, Microsoft, MicroStrategy Incorporated, Information Builders Inc, SAS, Accenture, Cisco, HPE, SAP, Oracle.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Big Data Technology and Service 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 Technology and Service Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Big Data Technology and Service 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 Technology and Service 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 Technology and Service Market Size & Forecast, 2018-2028
4.5.1 Big Data Technology and Service Market Size and Y-o-Y Growth
4.5.2 Big Data Technology and Service Market Absolute $ Opportunity
Chapter 5 Global Big Data Technology and Service 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 Technology and Service Market Size Forecast by Type
5.2.1 On-premise
5.2.2 Cloud-based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Big Data Technology and Service 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 Technology and Service Market Size Forecast by Applications
6.2.1 Telecom
6.2.2 BFSI
6.2.3 Manufacturing
6.2.4 Transportation
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Big Data Technology and Service 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 Technology and Service 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 Technology and Service Analysis and Forecast
9.1 Introduction
9.2 North America Big Data Technology and Service 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 Technology and Service Market Size Forecast by Type
9.6.1 On-premise
9.6.2 Cloud-based
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 Technology and Service Market Size Forecast by Applications
9.10.1 Telecom
9.10.2 BFSI
9.10.3 Manufacturing
9.10.4 Transportation
9.10.5 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 Technology and Service Analysis and Forecast
10.1 Introduction
10.2 Europe Big Data Technology and Service 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 Technology and Service Market Size Forecast by Type
10.6.1 On-premise
10.6.2 Cloud-based
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 Technology and Service Market Size Forecast by Applications
10.10.1 Telecom
10.10.2 BFSI
10.10.3 Manufacturing
10.10.4 Transportation
10.10.5 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 Technology and Service Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Big Data Technology and Service 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 Technology and Service Market Size Forecast by Type
11.6.1 On-premise
11.6.2 Cloud-based
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 Technology and Service Market Size Forecast by Applications
11.10.1 Telecom
11.10.2 BFSI
11.10.3 Manufacturing
11.10.4 Transportation
11.10.5 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 Technology and Service Analysis and Forecast
12.1 Introduction
12.2 Latin America Big Data Technology and Service 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 Technology and Service Market Size Forecast by Type
12.6.1 On-premise
12.6.2 Cloud-based
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 Technology and Service Market Size Forecast by Applications
12.10.1 Telecom
12.10.2 BFSI
12.10.3 Manufacturing
12.10.4 Transportation
12.10.5 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 Technology and Service Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Big Data Technology and Service 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 Technology and Service Market Size Forecast by Type
13.6.1 On-premise
13.6.2 Cloud-based
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 Technology and Service Market Size Forecast by Applications
13.10.1 Telecom
13.10.2 BFSI
13.10.3 Manufacturing
13.10.4 Transportation
13.10.5 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 Technology and Service Market: Competitive Dashboard
14.2 Global Big Data Technology and Service Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IBM
14.3.2 Microsoft
14.3.3 MicroStrategy Incorporated
14.3.4 Information Builders Inc
14.3.5 SAS
14.3.6 Accenture
14.3.7 Cisco
14.3.8 HPE
14.3.9 SAP
14.3.10 Oracle
