Absolute Markets Insights proclaims the addition of comprehensive analysis titled as, Big Data Analytics Market to its massive repository. It covers different existing and futuristic developments across the global regions such as North America, Latin America, Asia-Pacific, Europe, and India. In addition to this, it gives a complete analysis of some significant financial terms such as cost, shares, pricing structures and profit margins. Wide-ranging informative data has been examined by using exploratory techniques such as primary and secondary research.
To provide an effective business outlook, different case studies from various top-level industry experts, business owners, and policymakers have been included to get a clear vision about business methodologies to the readers. SWOT and Porter’s Five model have been used for analyzing the Big Data Analytics market on the basis of strengths, challenges and global opportunities in front of the businesses.
The major key pillars for global Big Data Analytics market are listed below: Amazon Web Services, Inc, Cisco Systems Inc, Dell Inc, Goggle LLC, Hewlett Packard Enterprise Development LP, IBM Corporation, Intel Corporation, Microsoft, MicroStrategy Incorporated, Mu Sigma, Oracle, QlikTech International AB, SAP SE, SAS Institute Inc, Splunk Inc, TABLEAU SOFTWARE, Teradata, TIBCO Software Inc, VMware, Inc, and Zoho Corporation Pvt. Ltd
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In terms of revenue, the global big data analytics market was estimated to be US$ 21.92 Bn in 2020 and is expected to grow at a CAGR of +23.99% over the forecast period.
On the basis of deployment, on-premise segment accounted for the highest share in 2018, owing to preferences of organizations to deploy on-premise analytical solutions to secure documents from any risk of data loss and theft.
On the basis of region, North America accounted for the highest share in 2018 owing to the increasing expansion strategies adopted by the big tech firms across the region.
On the basis of vertical, banking, financial services and insurance accounted for the highest share in 2018 owing to constantly increasing investments in fintech by companies.
On the basis of organization size, large organizations accounted for the highest share in 2018 because large enterprises are constantly focusing on keeping the level of brand awareness among general population high and maintain an all-inclusive stance with respect to product quality.
Segmentation of Big Data Analytics Market:
- Descriptive Analytics
- Diagnostics Analytics
- Predictive Analytics
- Perspective Analytics
- Outcome Analytics
By Deployment Model
- Cloud Based
- Banking Financial Services and Insurance
- Energy and Utilities
- Food and Beverages
- Healthcare and Pharmaceutical
- Information Technology and Telecommunications
- Media and Entertainment
- Transportation and Logistics
By Organization Size
- Small and Medium Sized Enterprise
- Large Enterprise
- North America
- Asia Pacific
- Middle East and Africa
- Latin America
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