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Big Data and Analytics Global Market Report 2024

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    Report

  • 175 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5939585

Quick Summary:

The big data and analytics market is undergoing a transformative phase, evolving into an essential component in the strategic decision-making process for businesses across the globe. In an environment inundated with information, executives are recognizing the competitive necessity of harnessing data-driven insights to foster innovation, efficiency, and consumer engagement. Our comprehensive market research report is an indispensable tool for leaders who aim to maintain a competitive edge by utilizing big data and analytics to inform their strategic initiatives.

This report delves into how the market is advancing through cutting-edge developments in IoT integration, AI implementation, and agile methodologies. With real-world examples ranging from retail giants like Costco leveraging customer data for tailored messaging, to healthcare innovators such as Microsoft delivering enhanced patient care through Azure Health Data Services, it is evident that big data analytics is a cornerstone for future-proofing businesses. Accompanying this narrative are detailed analyses of market trends, leading organizations, and their strategic initiatives, including mergers and acquisitions like Accenture's acquisition of Ergo to bolster Cloud First capabilities. Our research equips you with the knowledge to navigate this dynamic territory, ensuring that your investments in data analytics are astute, data-driven, and aligned with emerging market opportunities.

The big data and analytics market size has grown rapidly in recent years. It will grow from $104.19 billion in 2023 to $118.55 billion in 2024 at a compound annual growth rate (CAGR) of 13.8%. The growth observed during the historic period can be attributed to several factors, including strong economic growth in emerging markets, increased internet penetration, government initiatives in developing economies, the rising penetration of e-commerce, and increased availability of mobile devices.

The big data and analytics market size is expected to see rapid growth in the next few years. It will grow to $195.68 billion in 2028 at a compound annual growth rate (CAGR) of 13.3%. The forecasted growth in the period ahead is driven by factors such as the rise of smart cities, increased Internet of Things (IoT) adoption, government initiatives, higher internet penetration, the adoption of 5G networks, and the impact of the COVID-19 pandemic. Key trends include integrating artificial intelligence for efficiency, offering convenient solutions such as big data as a service, collaborating for innovative technologies, investing in edge computing, providing hybrid cloud solutions, leveraging XOps for reliability, investing in blockchain for enhanced data security, and supporting startups for big data analytics development.

The expansion of investments in business intelligence and data analytics tools among major companies, coupled with the adoption of diverse analytics approaches to address business needs and tailor services or products to customer preferences, is driving the growth of the big data and analytics market. For instance, retailers such as Costco are utilizing customer purchase data to offer personalized services. For instance, when a potential contamination issue arose with stone fruits, Costco used analytics software to alert only those customers who had purchased these products, instead of issuing a generalized message. This increasing necessity to personalize services for customer satisfaction drives businesses to invest in data analytics tools, thereby escalating the demand for the big data and analytics market.

The surge in connected Internet of Things (IoT) devices is anticipated to be a significant driver of growth for the big data and analytics market in the future. IoT devices, comprising physical objects embedded with sensors, software, and communication technology, link to the internet to share data and interact with their environment. The integration of big data and analytics with IoT devices significantly enhances decision-making capabilities, improves efficiency, and yields valuable insights, ultimately leading to enhanced customer experiences and improved business outcomes. For instance, Akamai Technologies Inc. reported in August 2022 that IoT connections are projected to increase from 15.1 billion in 2021 to an estimated 23.3 billion IoT connections by 2025. Therefore, the upsurge in connected IoT devices is a driving force behind the growth of the big data and analytics market.

The agile methodology has gained significant traction in the innovation industry due to its success in software development and its adaptability to the latest technologies. While it has been primarily utilized in software development, leading-edge organizations are applying agile principles to manage their data systems effectively. Agile is a collaborative approach wherein cross-functional teams rapidly develop minimally viable products (MVPs) and features, test them with consumers, and iteratively enhance them based on feedback. This flexibility allows for changes in workflows even in later stages, ensuring alignment with client requirements. Agile organizations are often found to have superior organizational health, with a 70% likelihood of being in the top quartile for long-term performance compared to competitors. These companies tend to be more customer-centric, experience higher revenue growth, and possess a more engaged workforce.

Major companies are focusing on developing innovative artificial intelligence technologies to address challenges faced by healthcare organizations, particularly related to data silos and fragmented IT systems. Azure Health Data Services is a notable example, created by Microsoft Corporation and launched in March 2022. This suite comprises managed API services designed to facilitate workflows, improve healthcare services, and provide scalable and secure healthcare solutions. Leveraging open standards such as FHIR (Fast Healthcare Interoperability Resources) and DICOM (Digital Imaging and Communications in Medicine), Azure Health Data Services equips healthcare organizations with the necessary tools for managing, analyzing, and sharing health data. This technology has the potential to enhance patient care, drive innovation, and reduce costs within the healthcare sector.

In April 2022, Accenture, a global information technology company, acquired Ergo for an undisclosed amount. This strategic acquisition aims to enhance Accenture's Cloud First capabilities and expand its customer base in the Hispanic South American market. Ergo, based in Argentina, is a company specializing in big data, analytics, and artificial intelligence (AI).

Major companies operating in the big data and analytics market report are Microsoft, Oracle Corporation, SAP SE, IBM Corporation, Salesforce, SAS Institute Inc., Amazon Web Services, Qlik, Cisco Systems, Accenture Analytics, Plaxonic, Eoitek, Sam Technology, WakeData, Teradata, Keyrus, Orange Business Services, Claranet, InterSystems, Unity, Maxilect, Burning Buttons LLC, Exceed Team, Inostudio, Inventale, Hewlett Packard Enterprise, Data USA, Palantir Technologies Inc., Guavus Inc., Dell Inc., Splunk Inc., Cloudera Inc., International Business Machines Corporation (IBM), Fair Isaac Corporation, TIBCO Software Inc., QlikTech, Tableau Software, Indicum Technology, TAIL DMP, Precifica, WebRadar, Deep Data Science, PwC, Oracle Saudi Arabia, Experion Technologies, Clariba Consulting, Nice Software Solutions, Sigma Data Systems, Hyperlink InfoSystem, Orbitbeam, MobiDev, Microsoft Azure, Google Cloud Platform, Conversion Science, Elucidate.

Asia-Pacific was the largest region in the big data and analytics market in 2023. North America was the second largest region in the global big data and analytics market analysis. The regions covered in the big data and analytics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the big data and analytics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

The primary analytics tools for big data and analytics include dashboards and data visualization, self-service tools, data mining and warehousing, reporting, and others. Data visualization is a method of converting large datasets and metrics into charts, graphs, and other graphical representations. This visual representation facilitates the detection and communication of real-time patterns, outliers, and new insights about the data. These analytics tools can be deployed through on-premise and cloud modes for various purposes such as customer analytics, supply chain analytics, marketing analytics, pricing analytics, spatial analytics, workforce analytics, risk and credit analytics, transportation analytics, and others. Big data tools and analytics find applications across various industries including BFSI, retail, manufacturing, IT and telecom, government, healthcare, utilities, and others.

The big data and analytics market research report is one of a series of new reports that provides big data and analytics market statistics, including big data and analytics industry global market size, regional shares, competitors with a big data and analytics market share, detailed big data and analytics market segments, market trends and opportunities, and any further data you may need to thrive in the big data and analytics industry. This big data and analytics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The big data and analytics market includes revenues earned by entities by offering software used for data mining and predictive modeling. The sales consist of revenues generated by establishments that are primarily engaged in the development of software for big data and analytics such as Hadoop, Tableau and Qubole. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Table of Contents

1. Executive Summary2. Big Data and Analytics Market Characteristics3. Big Data and Analytics Market Trends and Strategies
4. Big Data and Analytics Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Big Data and Analytics Market Size and Growth
5.1. Global Big Data and Analytics Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Big Data and Analytics Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global Big Data and Analytics Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
6. Big Data and Analytics Market Segmentation
6.1. Global Big Data and Analytics Market, Segmentation by Analytics Tools, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Dashboard & Data Visualization
  • Self-Service Tools
  • Data Mining & Warehousing
  • Reporting
  • Other Analytics Tools
6.2. Global Big Data and Analytics Market, Segmentation by Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • on-Premise
  • Cloud
6.3. Global Big Data and Analytics Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Customer Analytics
  • Supply Chain Analytics
  • Marketing Analytics
  • Pricing Analytics
  • Spatial Analytics
  • Workforce Analytics
  • Risk & Credit Analytics
  • Transportation Analytics
  • Other Applications
6.4. Global Big Data and Analytics Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • BFSI
  • Retail
  • Manufacturing
  • IT and Telecom
  • Government
  • Healthcare
  • Utility
  • Other End Use Industries
7. Big Data and Analytics Market Regional and Country Analysis
7.1. Global Big Data and Analytics Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Big Data and Analytics Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Big Data and Analytics Market
8.1. Asia-Pacific Big Data and Analytics Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Big Data and Analytics Market, Segmentation by Analytics Tools, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Big Data and Analytics Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Big Data and Analytics Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Big Data and Analytics Market
9.1. China Big Data and Analytics Market Overview
9.2. China Big Data and Analytics Market, Segmentation by Analytics Tools, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Big Data and Analytics Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Big Data and Analytics Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Big Data and Analytics Market
10.1. India Big Data and Analytics Market, Segmentation by Analytics Tools, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Big Data and Analytics Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Big Data and Analytics Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Big Data and Analytics Market
11.1. Japan Big Data and Analytics Market Overview
11.2. Japan Big Data and Analytics Market, Segmentation by Analytics Tools, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Big Data and Analytics Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Big Data and Analytics Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Big Data and Analytics Market
12.1. Australia Big Data and Analytics Market, Segmentation by Analytics Tools, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Big Data and Analytics Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Big Data and Analytics Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Big Data and Analytics Market
13.1. Indonesia Big Data and Analytics Market, Segmentation by Analytics Tools, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Big Data and Analytics Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Big Data and Analytics Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Big Data and Analytics Market
14.1. South Korea Big Data and Analytics Market Overview
14.2. South Korea Big Data and Analytics Market, Segmentation by Analytics Tools, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Big Data and Analytics Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Big Data and Analytics Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Big Data and Analytics Market
15.1. Western Europe Big Data and Analytics Market Overview
15.2. Western Europe Big Data and Analytics Market, Segmentation by Analytics Tools, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Big Data and Analytics Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Big Data and Analytics Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Big Data and Analytics Market
16.1. UK Big Data and Analytics Market, Segmentation by Analytics Tools, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Big Data and Analytics Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Big Data and Analytics Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Big Data and Analytics Market
17.1. Germany Big Data and Analytics Market, Segmentation by Analytics Tools, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Big Data and Analytics Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Big Data and Analytics Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Big Data and Analytics Market
18.1. France Big Data and Analytics Market, Segmentation by Analytics Tools, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Big Data and Analytics Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Big Data and Analytics Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Big Data and Analytics Market
19.1. Italy Big Data and Analytics Market, Segmentation by Analytics Tools, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Big Data and Analytics Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Big Data and Analytics Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Big Data and Analytics Market
20.1. Spain Big Data and Analytics Market, Segmentation by Analytics Tools, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Big Data and Analytics Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Big Data and Analytics Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Big Data and Analytics Market
21.1. Eastern Europe Big Data and Analytics Market Overview
21.2. Eastern Europe Big Data and Analytics Market, Segmentation by Analytics Tools, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Big Data and Analytics Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Big Data and Analytics Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Big Data and Analytics Market
22.1. Russia Big Data and Analytics Market, Segmentation by Analytics Tools, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Big Data and Analytics Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Big Data and Analytics Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Big Data and Analytics Market
23.1. North America Big Data and Analytics Market Overview
23.2. North America Big Data and Analytics Market, Segmentation by Analytics Tools, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Big Data and Analytics Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Big Data and Analytics Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Big Data and Analytics Market
24.1. USA Big Data and Analytics Market Overview
24.2. USA Big Data and Analytics Market, Segmentation by Analytics Tools, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Big Data and Analytics Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Big Data and Analytics Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Big Data and Analytics Market
25.1. Canada Big Data and Analytics Market Overview
25.2. Canada Big Data and Analytics Market, Segmentation by Analytics Tools, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Big Data and Analytics Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Big Data and Analytics Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Big Data and Analytics Market
26.1. South America Big Data and Analytics Market Overview
26.2. South America Big Data and Analytics Market, Segmentation by Analytics Tools, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Big Data and Analytics Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Big Data and Analytics Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Big Data and Analytics Market
27.1. Brazil Big Data and Analytics Market, Segmentation by Analytics Tools, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Big Data and Analytics Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Big Data and Analytics Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Big Data and Analytics Market
28.1. Middle East Big Data and Analytics Market Overview
28.2. Middle East Big Data and Analytics Market, Segmentation by Analytics Tools, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Big Data and Analytics Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Big Data and Analytics Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Big Data and Analytics Market
29.1. Africa Big Data and Analytics Market Overview
29.2. Africa Big Data and Analytics Market, Segmentation by Analytics Tools, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Big Data and Analytics Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Big Data and Analytics Market, Segmentation by End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Big Data and Analytics Market Competitive Landscape and Company Profiles
30.1. Big Data and Analytics Market Competitive Landscape
30.2. Big Data and Analytics Market Company Profiles
30.2.1. Microsoft
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Oracle Corporation
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. SAP SE
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. IBM Corporation
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Salesforce
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Big Data and Analytics Market Other Major and Innovative Companies
31.1. SAS Institute Inc.
31.2. Amazon Web Services
31.3. Qlik
31.4. Cisco Systems
31.5. Accenture Analytics
31.6. Plaxonic
31.7. Eoitek
31.8. Sam Technology
31.9. WakeData
31.10. Teradata
31.11. Keyrus
31.12. Orange Business Services
31.13. Claranet
31.14. InterSystems
31.15. Unity
32. Global Big Data and Analytics Market Competitive Benchmarking33. Global Big Data and Analytics Market Competitive Dashboard34. Key Mergers and Acquisitions in the Big Data and Analytics Market
35. Big Data and Analytics Market Future Outlook and Potential Analysis
35.1 Big Data and Analytics Market in 2028 - Countries Offering Most New Opportunities
35.2 Big Data and Analytics Market in 2028 - Segments Offering Most New Opportunities
35.3 Big Data and Analytics Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Big Data and Analytics Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on big data and analytics market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for big data and analytics? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Report Scope

Markets Covered:
1) By Analytics Tools: Dashboard & Data Visualization; Self-Service Tools; Data Mining & Warehousing; Reporting; Other Analytics Tools
2) By Deployment Mode: On-Premise; Cloud
3) By Application: Customer Analytics; Supply Chain Analytics; Marketing Analytics; Pricing Analytics; Spatial Analytics; Workforce Analytics; Risk & Credit Analytics; Transportation Analytics; Other Applications
4) By End Use Industry: BFSI; Retail; Manufacturing; IT and Telecom; Government; Healthcare; Utility; Other End Use Industries

Key Companies Mentioned: Microsoft; Oracle Corporation; SAP SE; IBM Corporation; Salesforce

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes

Delivery Format: PDF, Word and Excel Data Dashboard

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Microsoft
  • Oracle Corporation
  • SAP SE
  • IBM Corporation
  • Salesforce
  • SAS Institute Inc.
  • Amazon Web Services
  • Qlik
  • Cisco Systems
  • Accenture Analytics
  • Plaxonic
  • Eoitek
  • Sam Technology
  • WakeData
  • Teradata
  • Keyrus
  • Orange Business Services
  • Claranet
  • InterSystems
  • Unity
  • Maxilect
  • Burning Buttons LLC
  • Exceed Team
  • Inostudio
  • Inventale
  • Hewlett Packard Enterprise
  • Data USA
  • Palantir Technologies Inc.
  • Guavus Inc.
  • Dell Inc.
  • Splunk Inc.
  • Cloudera Inc.
  • International Business Machines Corporation (IBM)
  • Fair Isaac Corporation
  • TIBCO Software Inc.
  • QlikTech
  • Tableau Software
  • Indicum Technology
  • TAIL DMP
  • Precifica
  • WebRadar
  • Deep Data Science
  • PwC
  • Oracle Saudi Arabia
  • Experion Technologies
  • Clariba Consulting
  • Nice Software Solutions
  • Sigma Data Systems
  • Hyperlink InfoSystem
  • Orbitbeam
  • MobiDev
  • Microsoft Azure
  • Google Cloud Platform
  • Conversion Science
  • Elucidate

Methodology

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