New York, Oct. 29, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Big Data Industry" - https://www.reportlinker.com/p0960361/?utm_source=GNW
4 Billion by 2027, growing at a CAGR of 19.4% over the analysis period 2020-2027. Hardware, one of the segments analyzed in the report, is projected to record a 21.6% CAGR and reach US$148.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Software segment is readjusted to a revised 15.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $21 Billion, While China is Forecast to Grow at 18.9% CAGR

The Big Data market in the U.S. is estimated at US$21 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$42.4 Billion by the year 2027 trailing a CAGR of 18.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.2% and 16.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 13.4% CAGR.

Services Segment to Record 17.8% CAGR

In the global Services segment, USA, Canada, Japan, China and Europe will drive the 17.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$12.8 Billion in the year 2020 will reach a projected size of US$40.1 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$28 Billion by the year 2027.We bring years of research experience to this 16th edition of our report. The 195-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,

• 1010data, Inc.
• Accenture plc
• Actian
• Amazon Web Services, Inc.
• Cazena, Inc.
• Cloudera, Inc.
• Datameer, Inc.
• Dell EMC
• Fujitsu Limited
• Google Inc.
• Guavus, Inc.
• Hewlett Packard
• Hortonworks, Inc.
• IBM Corp.
• MapR Technologies, Inc.
• Microsoft Corp.
• Oracle Corporation
• Palantir Technologies
• Ryft Systems, Inc.
• SAP SE
• Splunk, Inc.
• Teradata Corporation

Read the full report: https://www.reportlinker.com/p0960361/?utm_source=GNW

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
The Age of Analytics Provides the Cornerstone for the
Disruptive Growth & Proliferation of Big Data Technologies
Recent Market Activity
The Big Data Era is Here & Why it Matters for Companies &
Institutions in the Modern World
The Rise of M2M and IoT & the Ensuing Deluge of Connected
Devices Catalyzes Big Data Creation
How Big Data Analytics Play an Instrumental Role in Driving the
Success & Real World Commercial Benefits of IoT
Increased Consumption of Digital Media & the Resulting Rise of
Personal Data in the Consumer Market Wields a Multiplier
Effect on Big Data
With the Explosion of Personal Information, the Next Frontier
for Big Data is the Individual
The Coming Together of Business Intelligence & Big Data Pushes
Up the Commercial Value of Big Data Technologies in the
Enterprise Sector
With EIoT Emerging to be a Core Part of the Connected
Enterprise Market, the Need to Integrate Big Data & BI Becomes
More Urgent
Are Hadoop & Spark, the Two Largest Big Data Framework, in
Direct Competition with Each Other? A Review
Big Data Storage Moves to the ?Shared Nothing? Environment
Prescriptive Analytics’ Ability to Utilize Hybrid Data Makes
the Technology Invaluable to Big Data Projects
The Strategy of Deploying Big Data Analytics in the Cloud
Gathers Momentum
Big-Data-as-a-Service Emerges as a Good Fit for Modern Cloud
Ready Enterprises
Market Outlook
Global Competitor Market Shares
Big Data Competitor Market Share Scenario Worldwide (in %):
2018 & 2029
Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS
1010data, Inc. (USA)
Accenture plc (Ireland)
Actian (USA)
Amazon Web Services, Inc. (USA)
Cazena, Inc. (USA)
Cloudera, Inc. (USA)
Datameer, Inc. (USA)
Dell EMC (USA)
Fujitsu (Japan)
Google Inc. (USA)
Guavus, Inc. (USA)
Hewlett Packard (USA)
Hortonworks, Inc. (USA)
International Business Machines (IBM) (USA)
MapR Technologies, Inc. (USA)
Microsoft Corporation (USA)
Oracle Corporation (USA)
Palantir Technologies (USA)
Ryft Systems, Inc. (USA)
SAP SE (Germany)
Splunk, Inc. (USA)
Teradata Corporation (USA)

3. MARKET TRENDS & DRIVERS
Continuous Development of Big Data Analytics to Benefit Market
Growth
Hadoop: The Most Well Renowned, Trusted & Popular Big Data
Crunching Tool
Edge Analytics: Vital for Processing IoT Generated Big Data
Driven by the Omnipresence of Big Data, NoSQL Implementations
Overtake Traditional Relational Database Solutions

4. GLOBAL MARKET PERSPECTIVE
Table 1: Big Data Global Market Estimates and Forecasts in US$
Million by Region/Country: 2020-2027

Table 2: Big Data Market Share Shift across Key Geographies
Worldwide: 2020 VS 2027

Table 3: Hardware (Component) World Market by Region/Country in
US$ Million: 2020 to 2027

Table 4: Hardware (Component) Market Share Breakdown of
Worldwide Sales by Region/Country: 2020 VS 2027

Table 5: Software (Component) Potential Growth Markets
Worldwide in US$ Million: 2020 to 2027

Table 6: Software (Component) Market Sales Breakdown by
Region/Country in Percentage: 2020 VS 2027

Table 7: Services (Component) Geographic Market Spread
Worldwide in US$ Million: 2020 to 2027

Table 8: Services (Component) Market Share Distribution in
Percentage by Region/Country: 2020 VS 2027

Table 9: Finance (Application) Demand Potential Worldwide in
US$ Million by Region/Country: 2020-2027

Table 10: Finance (Application) Share Breakdown Review by
Region/Country: 2020 VS 2027

Table 11: Telecommunications (Application) Worldwide Latent
Demand Forecasts in US$ Million by Region/Country: 2020-2027

Table 12: Telecommunications (Application) Distribution of
Global Sales by Region/Country: 2020 VS 2027

Table 13: Manufacturing (Application) Sales Estimates and
Forecasts in US$ Million by Region/Country for the Years 2020
through 2027

Table 14: Manufacturing (Application) Global Market Share
Distribution by Region/Country for 2020 and 2027

Table 15: Retail (Application) Global Opportunity Assessment in
US$ Million by Region/Country: 2020-2027

Table 16: Retail (Application) Percentage Share Breakdown of
Global Sales by Region/Country: 2020 VS 2027

Table 17: Oil & Gas (Application) Worldwide Sales in US$
Million by Region/Country: 2020-2027

Table 18: Oil & Gas (Application) Market Share Shift across Key
Geographies: 2020 VS 2027

Table 19: Healthcare (Application) Global Market Estimates &
Forecasts in US$ Million by Region/Country: 2020-2027

Table 20: Healthcare (Application) Market Share Breakdown by
Region/Country: 2020 VS 2027

Table 21: Other End-Uses (Application) Demand Potential
Worldwide in US$ Million by Region/Country: 2020-2027

Table 22: Other End-Uses (Application) Share Breakdown Review
by Region/Country: 2020 VS 2027

III. MARKET ANALYSIS