What is Big Data Technology & Services?
The augmenting requirement for ensuring the high data quality and creating a channelized data flow in enterprises has fueled the need for technologically advanced big data solutions will help to boost global big data service market in the forecasted period. Big data termed as a broader interpretation for large or complicated data sets that cannot be processed by traditional applications. The big data service is beneficial for capturing, analysis, curation, transfer, data privacy. Additionally, predictive analytics backed by big data plays an important role in performing risk analysis. Keeping critical information safe, developing fresh revenue streams and low maintenance cost are some of the many benefits offered by big data. Moreover, the expansion of big data analytics, covering data from intelligent systems such as smart meters, in-vehicle infotainment, sensors, etc. further boosts the big global big data service market.
The market study is broken down and major geographies with country level break-up.
Leading IT brands are busy launching big data as a service market solutions and generating clients in the same month itself. They are focusing on strategic partnerships to improve their products and services. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings Research Analyst at AMA estimates that Players from United States will contribute to the maximum growth of Global Big Data Technology & Services market throughout the predicted period.
IBM Corporation (United States), Microsoft Corporation (United States), Oracle Corporation (United States), SAP SE (Germany), Hewlett-Packard Company (United States), SAS Institute (United States), Accenture PLC (Ireland), Information Builders Inc. (United States), Google LLC (United States) and Amazon Web Services Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Alteryx Ltd (United States), Wipro Ltd (India), Opera Solutions LLC (United States), Guavus Inc. (Thales) (France) and MapR Technologies Inc. (United States).
AdvanceMarketAnalytics has segmented the market of Global Big Data Technology & Services market by Type, Application and Region.
On the basis of geography, the market of Big Data Technology & Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Deployment Mode, the sub-segment i.e. On-Premises will boost the Big Data Technology & Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industries, the sub-segment i.e. BFSI will boost the Big Data Technology & Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Enterprise Size, the sub-segment i.e. Small and Medium Size Enterprises will boost the Big Data Technology & Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Solution, the sub-segment i.e. Hadoop-as-a-Service (HDaaS) will boost the Big Data Technology & Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On 17th May 2018, Oracle Corporation signed an agreement to acquire DataScience.com, whose platform centralizes data science tools, projects, and infrastructure in a fully-governed workspace. Oracle embeds AI and machine learning capabilities across its Software as a Service (SaaS) and Platform as a Service (PaaS) solutions, including big data, analytics, and security operations, to enable digital transformations in May 2018.
On 16th March 2018, IBM has launched science and machine learning New Data Platform and an elite consulting team to help them accelerate their AI journeys. To gain competitive advantage and increase productivity. IBM’s new Cloud Private for Data is integrated data science, data engineering and app building platform
"The U.S. Federal Trade Commission is extending its regulatory reach to the e-commerce impact of big data. The commission will not hesitate to enforce FTC Act prohibitions against unfair and deceptive practices related to big data in all applications, not just those affecting a particular segment of the population, it said in the report. It will utilize the same legal basis for big data situations that it uses for cases involving the hacking of consumer records, identity theft, and fraudulent misrepresentations in e-commerce transactions. That legal leverage "is not confined to particular market sectors but is generally applicable to most companies acting in commerce."
- Fueling Need Have Structured Data for Analysis
- Huge Demand for Data Science and Predictive Analysis
- Rising Demand for Increasing Organization Efficiency
- Increase in Data Volume Generated And Growing Adoption Of Cloud
- Huge Demand across Different Business Vertical and Investment Made By Prominent Market Player
- The Proliferation of Several Real-Time Information from Sources
- Data Security Concern Related To Big Data Technology & Services
- The Inability of Service Providers to Provide Real-Time Insights
- Rising Concern Associated with Privacy
Key Target Audience
Technology Providers, Government Regulatory Bodies, Government and Private Research Organizations and Others
During this study the evaluation and validation of the market size is done through various sources including primary and secondary analysis. AMA Research & Media follows industrial and regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Customization available in this Study:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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