Global Big Data Market Outlook
The global big data market is supported by the growth of big data and business analytics market, which attained USD 311.72 billion in 2023. The global big data and analytics market is expected to grow at a CAGR of 14.9% in the forecast period of 2024-2032 to attain USD 1088.06 billion by 2032.
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North America to Lead the Global Market of Big Data
North America holds a major revenue share of the market and will continue to do so, while the Asia Pacific region is projected to grow at the highest rate among regional markets for big data. North America is experiencing rapid developments in the big data market. This is mainly due to the increasing adoption of IoT and allied services by major industrial sectors, thus generating massive amounts of useful data which can be exploited. Companies and organizations have started exploiting big data to generate key insights and strategies and business decisions to remain competitive. This trend is increasingly being adopted by major players in the developing regions as well. China is expected to be the fastest growing country within the regional markets, followed by countries such as Australia, India, and South Korea, all contributing to a healthy growth rate for the big data market in the forecast period as well.
Big Data: Market Segmentation
Big data refers to a field that treats ways to analyze, extricate information from, or manipulate data sets that are extremely large and complex to be dealt with by traditional data-processing application software. These use techniques such as machine learning and advanced optimization algorithms to generate valuable insights for the organization based on these big data sets.
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The market is divided on the basis of component into:
- Solution
- Services
By hardware, the market is segmented into:
- Storage
- Network Equipment
- Server
- Others
The market is categorised in terms of deployment mode into:
- On-Premises
- Cloud
- Hybrid
The market is divided on the basis of organisation size into:
- Large Enterprises
- Small and Medium-Sized Enterprises
The market is segregated on the basis of application into:
- Customer Analytics
- Operational Analytics
- Fraud Detection
- Compliance
- Data Warehouse Optimisation
- Others
The market is segmented on the basis of end use into:
- Manufacturing
- Retail
- Media and Entertainment
- Healthcare
- IT and Telecommunication
- Government
- Gaming
- Energy and Power
- Engineering and Construction
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rising Internet Penetration to Aid the Market Growth of Big Data
As the volume of data generated through various devices is growing at an exponential rate, the requirement for extracting value out of this data is the need of the hour. The introduction of cloud computing has eased the storage of data, making it more cost effective, flexible, and secure. Affordable storage services and rapid technological services that have increased the accessibility of the internet and data has increased the demand for big data. The emergence and adoption of IoT are also pushing the market forward. Managing vast volumes of data and extracting value and business insights from the same is pushing business in unprecedented ways. Investing in research and development, such as in companies like Facebook, is also driving the demand for big data. The market for big data is expected to grow at a fast rate in emerging economies such as China in the forecast period.
Key Industry Players in the Global Big Data Market
The report gives a detailed analysis of the following key players in the global big data market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- IBM Corporation
- Oracle Corporation
- Microsoft Corporation
- Accenture Plc
- Amazon Web Services, Inc
- Microsoft Corporation
- Google LLC
- Dell Technologies, Inc
- VMware, Inc
- Hewlett Packard Enterprise Development LP
- IBM Corporation
- Teradata Corporation
- SAP SE
- ScienceSoft
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup byComponent |
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| Breakup byHardware |
|
| Breakup byDeployment Mode |
|
| Breakup byOrganisation Size |
|
| Breakup byApplication |
|
| Breakup byEnd-Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Big Data Market Analysis
8.1 Key Industry Highlights
8.2 Global Big Data Historical Market (2018-2023)
8.3 Global Big Data Market Forecast (2024-2032)
8.4 Global Big Data Market by Component
8.4.1 Solution
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Services
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Big Data Market by Hardware
8.5.1 Storage
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Network Equipment
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Server
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Big Data Market by Deployment Mode
8.6.1 On-Premises
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Cloud
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Hybrid
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.7 Global Big Data Market by Organisation Size
8.7.1 Large Enterprises
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Small and Medium Enterprises
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.8 Global Big Data Market by Application
8.8.1 Customer Analytics
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Operational Analytics
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Fraud Detection
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Compliance
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Data Warehouse Optimisation
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
8.8.6 Others
8.9 Global Big Data Market by End-Use
8.9.1 Manufacturing
8.9.1.1 Historical Trend (2018-2023)
8.9.1.2 Forecast Trend (2024-2032)
8.9.2 Retail
8.9.2.1 Historical Trend (2018-2023)
8.9.2.2 Forecast Trend (2024-2032)
8.9.3 Media and Entertainment
8.9.3.1 Historical Trend (2018-2023)
8.9.3.2 Forecast Trend (2024-2032)
8.9.4 Healthcare
8.9.4.1 Historical Trend (2018-2023)
8.9.4.2 Forecast Trend (2024-2032)
8.9.5 IT and Telecommunication
8.9.5.1 Historical Trend (2018-2023)
8.9.5.2 Forecast Trend (2024-2032)
8.9.6 Government
8.9.6.1 Historical Trend (2018-2023)
8.9.6.2 Forecast Trend (2024-2032)
8.9.7 Gaming
8.9.7.1 Historical Trend (2018-2023)
8.9.7.2 Forecast Trend (2024-2032)
8.9.8 Energy and Power
8.9.8.1 Historical Trend (2018-2023)
8.9.8.2 Forecast Trend (2024-2032)
8.9.9 Engineering and Construction
8.9.9.1 Historical Trend (2018-2023)
8.9.9.2 Forecast Trend (2024-2032)
8.9.10 Others
8.10 Global Big Data Market by Region
8.10.1 North America
8.10.1.1 Historical Trend (2018-2023)
8.10.1.2 Forecast Trend (2024-2032)
8.10.2 Europe
8.10.2.1 Historical Trend (2018-2023)
8.10.2.2 Forecast Trend (2024-2032)
8.10.3 Asia Pacific
8.10.3.1 Historical Trend (2018-2023)
8.10.3.2 Forecast Trend (2024-2032)
8.10.4 Latin America
8.10.4.1 Historical Trend (2018-2023)
8.10.4.2 Forecast Trend (2024-2032)
8.10.5 Middle East and Africa
8.10.5.1 Historical Trend (2018-2023)
8.10.5.2 Forecast Trend (2024-2032)
9 North America Big Data Market Analysis
9.1 Market by Component
9.2 Market by Hardware
9.3 Market by Deployment Mode
9.4 Market by Organisation Size
9.5 Market by Application
9.6 Market by End-Use
9.7 Market by Country
9.7.1 United States of America
9.7.1.1 Historical Trend (2018-2023)
9.7.1.2 Forecast Trend (2024-2032)
9.7.2 Canada
9.7.2.1 Historical Trend (2018-2023)
9.7.2.2 Forecast Trend (2024-2032)
10 Europe Big Data Market Analysis
10.1 Market by Component
10.2 Market by Hardware
10.3 Market by Deployment Mode
10.4 Market by Organisation Size
10.5 Market by Application
10.6 Market by End-Use
10.7 Market by Country
10.7.1 United Kingdom
10.7.1.1 Historical Trend (2018-2023)
10.7.1.2 Forecast Trend (2024-2032)
10.7.2 Germany
10.7.2.1 Historical Trend (2018-2023)
10.7.2.2 Forecast Trend (2024-2032)
10.7.3 France
10.7.3.1 Historical Trend (2018-2023)
10.7.3.2 Forecast Trend (2024-2032)
10.7.4 Italy
10.7.4.1 Historical Trend (2018-2023)
10.7.4.2 Forecast Trend (2024-2032)
10.7.5 Others
11 Asia Pacific Big Data Market Analysis
11.1 Market by Component
11.2 Market by Hardware
11.3 Market by Deployment Mode
11.4 Market by Organisation Size
11.5 Market by Application
11.6 Market by End-Use
11.7 Market by Country
11.7.1 China
11.7.1.1 Historical Trend (2018-2023)
11.7.1.2 Forecast Trend (2024-2032)
11.7.2 Japan
11.7.2.1 Historical Trend (2018-2023)
11.7.2.2 Forecast Trend (2024-2032)
11.7.3 India
11.7.3.1 Historical Trend (2018-2023)
11.7.3.2 Forecast Trend (2024-2032)
11.7.4 ASEAN
11.7.4.1 Historical Trend (2018-2023)
11.7.4.2 Forecast Trend (2024-2032)
11.7.5 South Korea
11.7.5.1 Historical Trend (2018-2023)
11.7.5.2 Forecast Trend (2024-2032)
11.7.6 Australia
11.7.6.1 Historical Trend (2018-2023)
11.7.6.2 Forecast Trend (2024-2032)
11.7.7 Others
12 Latin America Big Data Market Analysis
12.1 Market by Component
12.2 Market by Hardware
12.3 Market by Deployment Mode
12.4 Market by Organisation Size
12.5 Market by Application
12.6 Market by End-Use
12.7 Market by Country
12.7.1 Brazil
12.7.1.1 Historical Trend (2018-2023)
12.7.1.2 Forecast Trend (2024-2032)
12.7.2 Argentina
12.7.2.1 Historical Trend (2018-2023)
12.7.2.2 Forecast Trend (2024-2032)
12.7.3 Mexico
12.7.3.1 Historical Trend (2018-2023)
12.7.3.2 Forecast Trend (2024-2032)
12.7.4 Others
13 Middle East and Africa Big Data Market Analysis
13.1 Market by Component
13.2 Market by Hardware
13.3 Market by Deployment Mode
13.4 Market by Organisation Size
13.5 Market by Application
13.6 Market by End-Use
13.7 Market by Country
13.7.1 Saudi Arabia
13.7.1.1 Historical Trend (2018-2023)
13.7.1.2 Forecast Trend (2024-2032)
13.7.2 United Arab Emirates
13.7.2.1 Historical Trend (2018-2023)
13.7.2.2 Forecast Trend (2024-2032)
13.7.3 Nigeria
13.7.3.1 Historical Trend (2018-2023)
13.7.3.2 Forecast Trend (2024-2032)
13.7.4 South Africa
13.7.4.1 Historical Trend (2018-2023)
13.7.4.2 Forecast Trend (2024-2032)
13.7.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 IBM Corporation
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Oracle Corporation
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Microsoft Corporation
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Accenture Plc
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Amazon Web Services, Inc
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Microsoft Corporation
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Google LLC
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Dell Technologies, Inc
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 VMware, Inc
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Hewlett Packard Enterprise Development LP
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 IBM Corporation
15.2.11.1 Company Overview
15.2.11.2 Product Portfolio
15.2.11.3 Demographic Reach and Achievements
15.2.11.4 Certifications
15.2.12 Teradata Corporation
15.2.12.1 Company Overview
15.2.12.2 Product Portfolio
15.2.12.3 Demographic Reach and Achievements
15.2.12.4 Certifications
15.2.13 SAP SE
15.2.13.1 Company Overview
15.2.13.2 Product Portfolio
15.2.13.3 Demographic Reach and Achievements
15.2.13.4 Certifications
15.2.14 ScienceSoft
15.2.14.1 Company Overview
15.2.14.2 Product Portfolio
15.2.14.3 Demographic Reach and Achievements
15.2.14.4 Certifications
15.2.15 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Big Data Market: Key Industry Highlights, 2018 and 2032
2. Global Big Data Historical Market: Breakup by Component (USD Billion), 2018-2023
3. Global Big Data Market Forecast: Breakup by Component (USD Billion), 2024-2032
4. Global Big Data Historical Market: Breakup by Hardware (USD Billion), 2018-2023
5. Global Big Data Market Forecast: Breakup by Hardware (USD Billion), 2024-2032
6. Global Big Data Historical Market: Breakup by Deployment Mode (USD Billion), 2018-2023
7. Global Big Data Market Forecast: Breakup by Deployment Mode (USD Billion), 2024-2032
8. Global Big Data Historical Market: Breakup by Organisation Size (USD Billion), 2018-2023
9. Global Big Data Market Forecast: Breakup by Organisation Size (USD Billion), 2024-2032
10. Global Big Data Historical Market: Breakup by Application (USD Billion), 2018-2023
11. Global Big Data Market Forecast: Breakup by Application (USD Billion), 2024-2032
12. Global Big Data Historical Market: Breakup by End-Use (USD Billion), 2018-2023
13. Global Big Data Market Forecast: Breakup by End-Use (USD Billion), 2024-2032
14. Global Big Data Historical Market: Breakup by Region (USD Billion), 2018-2023
15. Global Big Data Market Forecast: Breakup by Region (USD Billion), 2024-2032
16. North America Big Data Historical Market: Breakup by Country (USD Billion), 2018-2023
17. North America Big Data Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Europe Big Data Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Europe Big Data Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Asia Pacific Big Data Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Asia Pacific Big Data Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Latin America Big Data Historical Market: Breakup by Country (USD Billion), 2018-2023
23. Latin America Big Data Market Forecast: Breakup by Country (USD Billion), 2024-2032
24. Middle East and Africa Big Data Historical Market: Breakup by Country (USD Billion), 2018-2023
25. Middle East and Africa Big Data Market Forecast: Breakup by Country (USD Billion), 2024-2032
26. Global Big Data Market Structure
