The Global Big Data & Analytics Market size was estimated at USD 91.11 billion in 2022, USD 100.14 billion in 2023, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 10.04% to reach USD 195.95 billion by 2030.
The Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global Big Data & Analytics Market. The ongoing research considers the changes in consumer behavior, supply chain disruptions, and government interventions caused by the pandemic. Similarly, the report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine Conflict and its potential implications for demand-supply balances, pressure on pricing variants, and import/export and trading. Additionally, the report addresses the impact of High Inflation on the global economy and details fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.
The Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global Big Data & Analytics Market. The ongoing research considers the changes in consumer behavior, supply chain disruptions, and government interventions caused by the pandemic. Similarly, the report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine Conflict and its potential implications for demand-supply balances, pressure on pricing variants, and import/export and trading. Additionally, the report addresses the impact of High Inflation on the global economy and details fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.
Market Segmentation & Coverage:
This research report categorizes the Global Big Data & Analytics Market in order to forecast the revenues and analyze trends in each of following sub-markets:- Based on Component, market is studied across Hardware, Service, and Software. The Hardware is projected to witness significant market share during forecast period.
- Based on Analytics Tool, market is studied across Dashboard & Data Visualization, Data Mining & Warehousing, Reporting, and Self-service Tools. The Data Mining & Warehousing is projected to witness significant market share during forecast period.
- Based on End Use, market is studied across BFSI, Education, Energy & Utilities, Government, Healthcare, IT & Telecom, Manufacturing, Retail & ECommerce, and Transportation. The Manufacturing is projected to witness significant market share during forecast period.
- Based on Deployment Model, market is studied across Cloud and On-Premise. The On-Premise is projected to witness significant market share during forecast period.
- Based on Application, market is studied across Customer Analytics, Marketing Analytics, Pricing Analytics, Risk & Credit Analytics, Spatial Analytics, Supply Chain Analytics, Transportation Analytics, and Workforce Analytics. The Pricing Analytics is projected to witness significant market share during forecast period.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.74% in 2022, followed by Europe, Middle East & Africa.
Market Statistics:
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Global Big Data & Analytics Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in a particular market space. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.Company Usability Profiles:
The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Big Data & Analytics Market, including 1010data, Inc., Adobe Inc., Cloudera, Inc., Dell Technologies Inc., Google LLC, Hitachi, Ltd., International Business Machines Corporation, Micro Focus International PLC, Microsoft Corporation, MicroStrategy Incorporated, Oracle Corporation, Palantir Technologies, Inc., QlikTech International AB, SAP SE, and The Hewlett Packard Enterprise Company.The report provides insights on the following pointers:
- Market Penetration: Provides comprehensive information on the market offered by the key players
- Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
- Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
- Market Trends: Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation
- Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
- Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
- What is the market size and forecast of the Global Big Data & Analytics Market?
- What are the inhibiting factors and impact of COVID-19 shaping the Global Big Data & Analytics Market during the forecast period?
- Which are the products/segments/applications/areas to invest in over the forecast period in the Global Big Data & Analytics Market?
- What is the competitive strategic window for opportunities in the Global Big Data & Analytics Market?
- What are the technology trends and regulatory frameworks in the Global Big Data & Analytics Market?
- What is the market share of the leading vendors in the Global Big Data & Analytics Market?
- What modes and strategic moves are considered suitable for entering the Global Big Data & Analytics Market?
Frequently Asked Questions about the Global Big Data & Analytics Market
What is the estimated value of the Global Big Data & Analytics Market?
What is the growth rate of the Global Big Data & Analytics Market?
What is the forecasted size of the Global Big Data & Analytics Market?
Who are the key companies in the Global Big Data & Analytics Market?
Report Attribute | Details |
---|---|
No. of Pages | 256 |
Published | May 2023 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 91.11 Billion |
Forecasted Market Value ( USD | $ 195.95 Billion |
Compound Annual Growth Rate | 10.0% |
Regions Covered | Global |
No. of Companies Mentioned | 15 |
Table of Contents
1. Preface
2. Research Methodology
4. Market Overview
5. Market Insights
6. Big Data & Analytics Market, by Component
7. Big Data & Analytics Market, by Analytics Tool
8. Big Data & Analytics Market, by End Use
9. Big Data & Analytics Market, by Deployment Model
10. Big Data & Analytics Market, by Application
11. Americas Big Data & Analytics Market
12. Asia-Pacific Big Data & Analytics Market
13. Europe, Middle East & Africa Big Data & Analytics Market
14. Competitive Landscape
15. Company Usability Profiles
16. Appendix
List of Figures
List of Tables
Companies Mentioned
- 1010data, Inc.
- Adobe Inc.
- Cloudera, Inc.
- Dell Technologies Inc.
- Google LLC
- Hitachi, Ltd.
- International Business Machines Corporation
- Micro Focus International PLC
- Microsoft Corporation
- MicroStrategy Incorporated
- Oracle Corporation
- Palantir Technologies, Inc.
- QlikTech International AB
- SAP SE
- The Hewlett Packard Enterprise Company
Methodology
LOADING...