Global Big Data Services Market 2020-2024
Technavio has been monitoring the big data services market and it is poised to grow by $ 64.27 bn during 2020-2024 progressing at a CAGR of 30% during the forecast period. Our reports on big data services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing amount of data, increase in adoption of big data services in industries and increased importance for big data in social media marketing. In addition, growing amount of data is anticipated to boost the growth of the market as well.
The big data services market analysis includes end-user segment and geographical landscapes.
Technavio's big data services market is segmented as below:
By End User
By Geographical Landscapes
- North America
- South America
This study identifies big data in blockchain technology as one of the prime reasons driving the big data services market growth during the next few years. Also, the growing demand for predictive analytics and the increasing importance of big data in IoT will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our big data services market covers the following areas:
- Big data services market sizing
- Big data services market forecast
- Big data services market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading big data services market vendors that include Accenture Plc, Atos SE, Datameer Inc., Deloitte Touche Tohmatsu Ltd., HP Inc., International Business Machines Corp., Microsoft Corp., PricewaterhouseCoopers LLP, SAP SE, and Teradata Corp. Also, the big data services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.