Business Industry Analysis News

Big Data Software Market​ Research Report, Size, Share, Trends, Growth by IMARC

According to the latest report by IMARC Group titled, “Big Data Software Market​: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025” Looking forward, the global big data software market grew a CAGR of 27% during the historical period of 2014-2019.

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Big data software collects, hosts and analyzes the high volume of data, both structured and unstructured, which is created by people, tools or machines. It assists organizations in acquiring insightful information, discovering unknown correlations, hidden patterns, market trends and consumer preferences from diverse sets of information.

Organizations around the world are currently experiencing problems in data retention, comprehending dark data and data integration for analytical purposes. This, in confluence with increasing data sets across industrial verticals and the complexity in handling them, represents one of the major factors driving the global big data software market. Apart from this, digitalization in emerging economies, along with the development in artificial intelligence/machine learning (AI/ML) as an innovative technology within data management and analytics software, is escalating the demand for big data software worldwide. Some of the other factors strengthening the market growth are increasing investments in robotic automation, rising e-commerce companies, and an upsurge of multimedia and social media.

Explore full report with table of contents: https://www.imarcgroup.com/big-data-software-market

Breakup by Software Type:

  • Database
  • Data Analytics and Tools
  • Data Management
  • Data Applications
  • Core Technologies

Breakup by Deployment Type:

  • On-Premise
  • Cloud

Breakup by Industry:

  • Banking
  • Discrete Manufacturing
  • Professional Services
  • Process Manufacturing
  • Federal/Central Government
  • Others

Breakup by End-Use:

  • Large Enterprise
  • SMEs

Breakup by Region:

  • North America
    • United States
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • Italy
    • Spain
    • France
    • Russia
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Vietnam
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Columbia
    • Chile
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • South Africa
    • Others

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being AWS, Cloudera, Hortonworks, IBM, Informatica, Microsoft, Oracle, Palantir, SAP, SAS, and Splunk.

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