Global Big Data Professional Services Market Overview:
Big Data refers to the large amounts of data which is driving in from numerous data sources and has different formats. Even formerly there was huge data which were being stored in databases, but because of the diverse nature of the data, the traditional relational database systems are unable of handling the data. Big Data is much more than a collection of datasets with different formats, it is an important asset which can be used to obtain enumerable benefits.
- Cloud Computing Is Witnessing A Rapid Increase in Its Adoption
- Increasing Demand of Real Time Data Analytics Solutions
- Growing Use of Big Data in Identifying Fraudulent Activities
- Security and Privacy Threats Associated to Big Data Services
- Lack of Skilled Professionals to Adopt New Technology
- Governments Are Supporting Open Data Technology
- Increasing Adoption of Big Data Services In Small and Medium Enterprises
- Growing Investment in IT Industry in Emerging Economies
- Lack of Effective Strategy Regarding Big Data Application among Enterprises
- Complexity Involved in Analyzing Heterogeneous Data
Some of the key players profiled in the report are Accenture (Ireland), Deloitte Touche Tohmatsu (United States), Hewlett- Packard (United States), Cloudera (United States), Capgemini (France), Oracle (United States), Microsoft (United States), Cisco System (United States), GE (United States), Google (United States), Informatica (United States), IBM (United States) and PricewaterhouseCoopers (United Kingdom). Analyst at AMA Research see United States Players to retain maximum share of Global Big Data Professional Services market by 2026.
Latest Market Insights:
On August 30, 2019 - Accenture has completed its acquisition of Analytics8, a privately held Australian big data and analytics consultancy that is now a wholly owned subsidiary of Accenture. Terms of the transaction are not being disclosed. and On September 4, 2019 - Cloudera, the enterprise data cloud company, announced that it has agreed to acquire certain assets of Arcadia Data, a provider of cloud-native AI-powered business intelligence and real-time analytics. Arcadia Data’s architecture delivers faster and deeper insights from modern data platforms like cloud object stores, Apache Kafka and Apache Hadoop.
What Can be Explored with the Big Data Professional Services Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Big Data Professional Services Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Big Data Professional Services
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Big Data Professional Services market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Big Data Professional Services market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Big Data as a Service Providers, Research Organizations, Network and Systems Integrator, Telecom Companies, System Integrators, Potential Technology Investors, Government Agencies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Big Data Professional Services Market?
The Big Data Professional Services market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in Big Data Professional Services Market?
Top performing companies in the Global Big Data Professional Services market are Accenture (Ireland), Deloitte Touche Tohmatsu (United States), Hewlett- Packard (United States), Cloudera (United States), Capgemini (France), Oracle (United States), Microsoft (United States), Cisco System (United States), GE (United States), Google (United States), Informatica (United States), IBM (United States) and PricewaterhouseCoopers (United Kingdom), to name a few.
3. What trending factors would impact Big Data Professional Services Market growth most?
"Evolution of Technological Tools
" is seen as one of major influencing trends for Big Data Professional Services Market during projected period 2020-2026.