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Big Data Analytics Market Size, Share, and Analysis, By Component (Software, Hardware, Services), By Application (Customer Analytics, Risk & Credit Analytics, Supply Chain Analytics, Marketing Analytics, Pricing Analytics, Transportation Analytics, Workfo

Publisher Fatpos Global
Published Jun 01, 2024
Length 387 Pages
SKU # FAGL19115418

Description

Big Data Analytics Market Size, Share, and Analysis, By Component (Software, Hardware, Services), By Application (Customer Analytics, Risk & Credit Analytics, Supply Chain Analytics, Marketing Analytics, Pricing Analytics, Transportation Analytics, Workforce Analytics, and Others), By Industry Vertical (BFSI, IT and Telecom, Manufacturing, Healthcare, Government, Retail and E-commerce, Education, and Others), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034


Big Data Analytics Market Size, Share, and Analysis, By Component (Software, Hardware, Services), By Application (Customer Analytics, Risk & Credit Analytics, Supply Chain Analytics, Marketing Analytics, Pricing Analytics, Transportation Analytics, Workforce Analytics, and Others), By Industry Vertical (BFSI, IT and Telecom, Manufacturing, Healthcare, Government, Retail and E-commerce, Education, and Others), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-
2034


PRODUCT OVERVIEW

Big Data Analytics Market is anticipated to exhibit a Compound Annual Growth Rate (CAGR) of 14.1% during the forecast span from 2024 to 2034. In 2023, the market size was assessed at USD 252.7 billion and is projected to reach USD 1080.3 billion by the completion of 2034.

Big data analytics is the systematic examination of large and complex data sets to find hidden correlations, patterns, and trends that remains undetected by traditional analysis methods. Big data analytics revolves around three key aspects, which includes volume (amounts of data), velocity (rate of data generation), and the variety (type of data). The analysis relies on specialized tools, algorithms, and frameworks to process and extract useful insights from massive data collections. Furthermore, big data analytics utilizes technologies such as distributed computing, machine learning, and advanced analytics to gather valuable information, improve decision-making, and predict future trends across a wide range of industries. Moreover, the growing preference for cloud-based big data analytics tools among small and medium-sized businesses contributes to market growth. However, significant implementation costs and a lack of skilled workers in this domain are expected to present major challenges to the adoption of big data analytics.

MARKET HIGHLIGHTS

Big Data Analytics Market is projected to achieve USD 1080.3 billion during the forecast period, driven by rising data volumes, increased adoption of data-based decision-making, and technological innovations. The benefits of cloud-based solutions have led to the adoption of big data analytics tools across multiple industries, including manufacturing, healthcare, and finance. These solutions provide scalability and cost-effectiveness, which is extremely valuable to small and medium-sized businesses. Additionally, integrating artificial intelligence (AI) and machine learning (ML) into these systems enhances data forecast and simplifies the processing of large datasets. However, several challenges such as managing multiple data formats, ensuring data security, and addressing privacy, continues to be a major obstacle to discover the complete potential of big data analytics. Therefore, despite significant challenges, the big data analytics market exhibits strong growth potential, driven by the constant requirement to gather useful insights from enormous datasets.

Big Data Analytics Market Segments:
  • By Component
  • Software
  • Hardware
  • Services
  • By Industry Vertical
  • BFSI
  • IT and Telecom
  • Manufacturing
  • Healthcare
  • Government
  • Retail and E-commerce
  • Education
  • Others
  • By Application
  • Customer Analytics
  • Risk & Credit Analytics
  • Supply Chain Analytics
  • Marketing Analytics
  • Pricing Analytics
  • Transportation Analytics
  • Workforce Analytics
  • Others
MARKET DYNAMICS

Growth Drivers

Increasing Demand for Data and the Ability to Manage it Will Drive Market Growth

Innovations in Technology Will Offer Opportunities for Market Growth

Restraint

Concerns About Privacy and Data Security, Along with High Implementation Costs, Could Hinder Market Expansion

Key Players
  • Amazon Web Services (AWS)
  • Google
  • IBM
  • SAP
  • Oracle
  • Databricks
  • Qlik
  • Tableau Software (Salesforce)
  • Cloudera
  • Microsoft Corporation
  • Teradata
  • Alteryx
  • MicroStrategy
  • Snowflake
  • Hortonworks
  • Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
Global Laboratory Temperature Control Units Market is further segmented by region into:
  • North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
  • Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
  • Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Reasons to Purchase this Report
  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 3-month post-sales analyst support.
*Please Note: The report will be delivered in 2-3 business days upon order confirmation*

Table of Contents

387 Pages
1. Executive Summary
1.1.Regional Market Share
1.2. Business Trends
1.3.Big Data Analytics Market: COVID-19 Outbreak
1.4.Regional Trends
1.5. Segmentation Snapshot
2. Research Methodology
2.1. Research Objective
2.2.Research Approach
2.3.Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1. Paid Sources
2.5.2.Public Sources
2.6.Market Size Estimation and Data Triangulation
3. Market Characteristics
3.1. Market Definition
3.2.Big Data Analytics Market: COVID-19 Impact
3.3.Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. Big Data Analytics Market – Industry Insights
4.1.Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5. Macroeconomic Indicators
6. Recent Developments
7.Market Dynamics
7.1. Introduction
7.2.Growth Drivers
7.3.Market Opportunities
7.4. Market Restraints
7.5.Market Trends
8. Risk Analysis
9. Market Analysis
9.1. Porters Five Forces
9.2.PEST Analysis
9.2.1. Political
9.2.2.Economic
9.2.3.Social
9.2.4.Technological
10. Big Data Analytics Market
10.1.Overview
10.2. Historical Analysis (2019-2022)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11.Big Data Analytics Market Size & Forecast 2024A-2034F
11.1.Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1.By Component
11.3.1.1. Software
11.3.1.1.1. By Value (USD Million) 2024-2034F
11.3.1.1.2.Market Share (%) 2024-2034F
11.3.1.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.1.2.Hardware
11.3.1.2.1.By Value (USD Million) 2024-2034F
11.3.1.2.2. Market Share (%) 2024-2034F
11.3.1.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.1.3.Services
11.3.1.3.1.By Value (USD Million) 2024-2034F
11.3.1.3.2. Market Share (%) 2024-2034F
11.3.1.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.2. By Application
11.3.2.1.Customer Analytics
11.3.2.1.1.By Value (USD Million) 2024-2034F
11.3.2.1.2. Market Share (%) 2024-2034F
11.3.2.1.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.2. Risk & Credit Analytics
11.3.2.2.1. By Value (USD Million) 2024-2034F
11.3.2.2.2.Market Share (%) 2024-2034F
11.3.2.2.3.Y-o-Y Growth (%) 2024-2034F
11.3.2.3. Supply Chain Analytics
11.3.2.3.1. By Value (USD Million) 2024-2034F
11.3.2.3.2.Market Share (%) 2024-2034F
11.3.2.3.3.Y-o-Y Growth (%) 2024-2034F
11.3.2.4. Marketing Analytics
11.3.2.4.1. By Value (USD Million) 2024-2034F
11.3.2.4.2.Market Share (%) 2024-2034F
11.3.2.4.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.5. Pricing Analytics
11.3.2.5.1. By Value (USD Million) 2024-2034F
11.3.2.5.2.Market Share (%) 2024-2034F
11.3.2.5.3.Y-o-Y Growth (%) 2024-2034F
11.3.2.6. Transportation Analytics
11.3.2.6.1. By Value (USD Million) 2024-2034F
11.3.2.6.2.Market Share (%) 2024-2034F
11.3.2.6.3.Y-o-Y Growth (%) 2024-2034F
11.3.2.7. Workforce Analytics
11.3.2.7.1. By Value (USD Million) 2024-2034F
11.3.2.7.2.Market Share (%) 2024-2034F
11.3.2.7.3.Y-o-Y Growth (%) 2024-2034F
11.3.2.8. Others
11.3.2.8.1. By Value (USD Million) 2024-2034F
11.3.2.8.2.Market Share (%) 2024-2034F
11.3.2.8.3.Y-o-Y Growth (%) 2024-2034F
11.3.3. By Industry Verticals
11.3.3.1.BFSI
11.3.3.1.1.By Value (USD Million) 2024-2034F
11.3.3.1.2. Market Share (%) 2024-2034F
11.3.3.1.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.2. IT & Telecom
11.3.3.2.1. By Value (USD Million) 2024-2034F
11.3.3.2.2.Market Share (%) 2024-2034F
11.3.3.2.3.Y-o-Y Growth (%) 2024-2034F
11.3.3.3. Manufacturing
11.3.3.3.1. By Value (USD Million) 2024-2034F
11.3.3.3.2.Market Share (%) 2024-2034F
11.3.3.3.3.Y-o-Y Growth (%) 2024-2034F
11.3.3.4. Healthcare
11.3.3.4.1. By Value (USD Million) 2024-2034F
11.3.3.4.2. Market Share (%) 2024-2034F
11.3.3.4.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.5. Government
11.3.3.5.1. By Value (USD Million) 2024-2034F
11.3.3.5.2.Market Share (%) 2024-2034F
11.3.3.5.3.Y-o-Y Growth (%) 2024-2034F
11.3.3.6. Retail & E-Commerce
11.3.3.6.1. By Value (USD Million) 2024-2034F
11.3.3.6.2.Market Share (%) 2024-2034F
11.3.3.6.3.Y-o-Y Growth (%) 2024-2034F
11.3.3.7. Education
11.3.3.7.1. By Value (USD Million) 2024-2034F
11.3.3.7.2.Market Share (%) 2024-2034F
11.3.3.7.3.Y-o-Y Growth (%) 2024-2034F
11.3.3.8. Others
11.3.3.8.1. By Value (USD Million) 2024-2034F
11.3.3.8.2.Market Share (%) 2024-2034F
11.3.3.8.3.Y-o-Y Growth (%) 2024-2034F
12. North America Big Data Analytics Market Size & Forecast 2024A-2034F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Component
12.3.2.By Application
12.3.3.By Industry Vertical
12.4. Country
12.4.1. United States
12.4.2.Canada
13. Europe Big Data Analytics Market Size & Forecast 2024A-2034F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Component
13.3.2.By Application
13.3.3.By Industry Vertical
13.4. Country
13.4.1.Germany
13.4.2.United Kingdom
13.4.3.France
13.4.4. Italy
13.4.5.Spain
13.4.6.Russia
13.4.7.Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14. Asia-Pacific Big Data Analytics Market Size & Forecast 2024A-2034F
14.1.Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Component
14.3.2.By Application
14.3.3.By Industry Vertical
14.4. Country
14.4.1. India
14.4.2.China
14.4.3. South Korea
14.4.4. Japan
14.4.5. Rest of APAC
15. Middle East and Africa Big Data Analytics Market Size & Forecast 2024A-2034F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Component
15.3.2.By Application
15.3.3.By Industry Vertical
15.4. Country
15.4.1. Israel
15.4.2.GCC
15.4.3.North Africa
15.4.4. South Africa
15.4.5.Rest of Middle East and Africa
16. Latin America Big Data Analytics Market Size & Forecast 2024A-2034F
16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1. By Component
16.3.2.By Application
16.3.3.By Industry Vertical
16.4. Country
16.4.1. Mexico
16.4.2.Brazil
16.4.3.Rest of Latin America
17. Competitive Landscape
17.1. Company market share, 2023
17.2.Key player overview
17.3. Key stakeholders
18. Company Profiles
18.1.Amazon Web Services (AWS)
18.1.1.Company Overview
18.1.2.Financial Overview
18.1.3.Key Product; Analysis
18.1.4.Company Assessment
18.1.4.1.Product Portfolio
18.1.4.2. Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2.Microsoft Corporation
18.3.Google
18.4. IBM
18.5.SAP
18.6.Oracle
18.7.Cloudera
18.8. Teradata
18.9.Alteryx
18.10.Snowflake
18.11. Databricks
18.12. Qlik
18.13. Tableau Software (Salesforce)
18.14.MicroStrategy
18.15. Hortonworks
18.16.Other Prominent Players
19. Appendix
20.Consultant Recommendation

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