+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Big Data Market - Global Industry Analysis (2019 - 2021), Growth Trends, and Market Forecast (2022 - 2029)

  • PDF Icon

    Report

  • 151 Pages
  • November 2022
  • Region: Global
  • Fairfield Market Research
  • ID: 5702437
The need for efficacious analysis and management of a sea of information has become one of the top concerns across industries. While data analytics aids in addressing large-scale structured and unstructured data, it also helps with data management associated with the growing use of IoT-enabled devices. The publisher in one of its recently released reports offers detailed growth forecast of global big data market. With exponential growing adoption of smart technology-enabled devices that further produce voluminous data, will supplement revenue growth of global big data market. Between 2019 and 2029, the market has been projected to experience 2.9x growth in revenue. The report considers 2022 - 2029 as the period of forecast and expects the market revenue to reach around US$395 Bn toward the end of forecast year. Big data market has been poised to witness nearly 11.5% growth in revenue during the period of forecast. The proliferating virtual office culture and increasing inclination toward remote working/work from home is touted as a significant push factor for big data market growth.

Key Insights and Trends Across Global Event Management Software Market

  • In 2019, the big data market valuation was nearly US$133 Bn
  • North America currently accounts for nearly 29% market value share, and will most likely hold a collective share of more than 55% with Europe
  • BFSI sector is slated to cement its dominance in the market with more than 40% share in overall demand, further followed by healthcare and life sciences, and manufacturing
  • IBM, HCL, Salesforce, SAS Institute, and Catapult are a few of the top players leading competitive landscape of global big data market

BFSI Registers over 40% of Total Adoption in Big Data Market

The report highlights the fact that global COVID-19 pandemic has played out as a booster to big data tools and technology adoption. The pandemic situation has given an indirect yet robust impetus to demand for big data tools and technologies. The pandemic presented big data technology vendors an opportunity to leverage the expanding remote working culture. In terms of the area of application, BFSI sector is expected to remain the prime adopter of big data technology and tools as banking and finance organizations seek a reliable solution to massive data analysis and management. While this segment currently accounts for more than US$75 Bn in revenue, it represents over 40% share in the total market valuation. Healthcare and life sciences, and manufacturing sectors follow, together capturing nearly 20% share in the global market valuation. Big data tools and technologies are further demonstrating deeper penetration across other end-use industries, including IT and telecom, retail, gaming, and media and entertainment. This is further projected to work in favour of big data market through 2029.

North America’s Lead Intact, Asia Pacific to Turn into a Hub of Opportunities in Big Data Market

With more than 29% revenue share, North America will remain at the forefront of big data consumption. The unprecedentedly thriving start-up culture across the region, especially in the US, will continue to provide a strong breeding ground to big data market here. Collectively with Europe, North America is likely to represent more than 55% share in the total market valuation. The report attributes Europe’s key positioning to impressive rate of big data adoption across Europe’s government and administrative sectors. However, the report spots the maximum market attractiveness in Asia Pacific that currently accounts for over 25% revenue share in the global big data market.

Key Competitors in Global Big Data Market

HCL, IBM, GlobalStep, Salesforce, EXL, SAS Institute, Catapult, TruMedia Network, ChyronHego, Stats Perform, Orreco, DataArt, Zebra Technologies, Quant4Sport, and Exasol are some of the significant companies covered in the competition analysis section of the global big data market.

Table of Contents

1. Executive Summary
1.1. Global Big Data Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Analyst Recommendations
2. Market Overview
2.1. Market Definitions
2.2. Market Taxonomy
2.3. Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.4. Value Chain Analysis
2.5. Porter’s Five Forces Analysis
2.6. COVID-19 Impact Analysis
2.7. Key Patents
3. Global Big Data Market Outlook, 2019 - 2029
3.1. Global Big Data Market Outlook, by Components (US$ ‘000), 2019 - 2029
3.1.1. Key Highlights
3.1.1.1. Solutions
3.1.1.2. Services
3.1.2. BPS Analysis/Market Attractiveness Analysis
3.2. Global Big Data Market Outlook, by Verticals, Value (US$ ‘000), 2019 - 2029
3.2.1. Key Highlights
3.2.1.1. BFSI
3.2.1.2. Government and Defense
3.2.1.3. Healthcare and Life Sciences
3.2.1.4. Manufacturing
3.2.1.5. Retail and Consumer Goods
3.2.1.6. Media and Entertainment
3.2.1.7. Telecommunications and IT
3.2.1.8. Transportation and Logistics
3.2.1.9. Other Verticals (real estate, energy and utilities, travel and hospitality, and education and research)
3.2.2. BPS Analysis/Market Attractiveness Analysis
3.3. Global Big Data Market Outlook, by Deployment, Value (US$ ‘000), 2019 - 2029
3.3.1. Key Highlights
3.3.1.1. Cloud
3.3.1.2. On-premises
3.3.2. BPS Analysis/Market Attractiveness Analysis
3.4. Global Big Data Market Outlook, by Business Function, Value (US$ ‘000), 2019 - 2029
3.4.1. Key Highlights
3.4.1.1. Finance
3.4.1.2. Marketing and Sales
3.4.1.3. Human Resources
3.4.1.4. Operations
3.4.2. BPS Analysis/Market Attractiveness Analysis
3.5. Global Big Data Market Outlook, by Org Size, Value (US$ ‘000), 2019 - 2029
3.5.1. Key Highlights
3.5.1.1. Small and Medium-Sized Enterprises
3.5.1.2. Large Enterprises
3.5.2. BPS Analysis/Market Attractiveness Analysis
3.6. Global Big Data Market Outlook, by Region, Value (US$ ‘000), 2019 - 2029
3.6.1. Key Highlights
3.6.1.1. North America
3.6.1.2. Europe
3.6.1.3. Asia Pacific
3.6.1.4. Latin America
3.6.1.5. Middle East & Africa
3.6.2. BPS Analysis/Market Attractiveness Analysis
4. North America Big Data Market Outlook, 2019 - 2029
4.1. North America Big Data Market Outlook, by Components (US$ ‘000), 2019 - 2029
4.1.1. Key Highlights
4.1.1.1. Solutions
4.1.1.2. Services
4.1.2. BPS Analysis/Market Attractiveness Analysis
4.2. North America Big Data Market Outlook, by Verticals, Value (US$ ‘000), 2019 - 2029
4.2.1. Key Highlights
4.2.1.1. BFSI
4.2.1.2. Government and Defense
4.2.1.3. Healthcare and Life Sciences
4.2.1.4. Manufacturing
4.2.1.5. Retail and Consumer Goods
4.2.1.6. Media and Entertainment
4.2.1.7. Telecommunications and IT
4.2.1.8. Transportation and Logistics
4.2.1.9. Other Verticals (real estate, energy and utilities, travel and hospitality, and education and research)
4.2.2. BPS Analysis/Market Attractiveness Analysis
4.3. North America Big Data Market Outlook, by Deployment, Value (US$ ‘000), 2019 - 2029
4.3.1. Key Highlights
4.3.1.1. Cloud
4.3.1.2. On-premises
4.3.2. BPS Analysis/Market Attractiveness Analysis
4.4. North America Big Data Market Outlook, by Business Function, Value (US$ ‘000), 2019 - 2029
4.4.1. Key Highlights
4.4.1.1. Finance
4.4.1.2. Marketing and Sales
4.4.1.3. Human Resources
4.4.1.4. Operations
4.4.2. BPS Analysis/Market Attractiveness Analysis
4.5. North America Big Data Market Outlook, by Org Size, Value (US$ ‘000), 2019 - 2029
4.5.1. Key Highlights
4.5.1.1. Small and Medium-Sized Enterprises
4.5.1.2. Large Enterprises
4.5.1.3. BPS Analysis/Market Attractiveness Analysis
4.6. North America Big Data Market Outlook, by Country, Value (US$ ‘000), 2019 - 2029
4.6.1. Key Highlights
4.6.1.1. U.S. Big Data Market by Value (US$ ‘000), 2019 - 2029
4.6.1.2. Canada Big Data Market by Value (US$ ‘000), 2019 - 2029
4.6.2. BPS Analysis/Market Attractiveness Analysis
5. Europe Big Data Market Outlook, 2019 - 2029
5.1. Europe Big Data Market Outlook, by Components (US$ ‘000), 2019 - 2029
5.1.1. Key Highlights
5.1.1.1. Solutions
5.1.1.2. Services
5.1.2. BPS Analysis/Market Attractiveness Analysis
5.2. Europe Big Data Market Outlook, by Verticals, Value (US$ ‘000), 2019 - 2029
5.2.1. Key Highlights
5.2.1.1. BFSI
5.2.1.2. Government and Defense
5.2.1.3. Healthcare and Life Sciences
5.2.1.4. Manufacturing
5.2.1.5. Retail and Consumer Goods
5.2.1.6. Media and Entertainment
5.2.1.7. Telecommunications and IT
5.2.1.8. Transportation and Logistics
5.2.1.9. Other Verticals (real estate, energy and utilities, travel and hospitality, and education and research)
5.2.2. BPS Analysis/Market Attractiveness Analysis
5.3. Europe Big Data Market Outlook, by Deployment, Value (US$ ‘000), 2019 - 2029
5.3.1. Key Highlights
5.3.1.1. Cloud
5.3.1.2. On-premises
5.3.2. BPS Analysis/Market Attractiveness Analysis
5.4. Europe Big Data Market Outlook, by Business Function, Value (US$ ‘000), 2019 - 2029
5.4.1. Key Highlights
5.4.1.1. Finance
5.4.1.2. Marketing and Sales
5.4.1.3. Human Resources
5.4.1.4. Operations
5.4.2. BPS Analysis/Market Attractiveness Analysis
5.5. Europe Big Data Market Outlook, by Org Size, Value (US$ ‘000), 2019 - 2029
5.5.1. Key Highlights
5.5.1.1. Small and Medium-Sized Enterprises
5.5.1.2. Large Enterprises
5.5.2. BPS Analysis/Market Attractiveness Analysis
5.6. Europe Big Data Market Outlook, by Country, Value (US$ ‘000), 2019 - 2029
5.6.1. Key Highlights
5.6.1.1. Germany Big Data Market by Value (US$ ‘000), 2019 - 2029
5.6.1.2. France Big Data Market by Product, Value (US$ ‘000), 2019 - 2029
5.6.1.3. U.K. Big Data Market by Value (US$ ‘000), 2019 - 2029
5.6.1.4. Italy Big Data Market by Value (US$ ‘000), 2019 - 2029
5.6.1.5. Spain Big Data Market by Product, Value (US$ ‘000), 2019 - 2029
5.6.1.6. Rest of Europe Big Data Market Value (US$ ‘000), 2019 - 2029
5.6.2. BPS Analysis/Market Attractiveness Analysis
6. Asia Pacific Big Data Market Outlook, 2019 - 2029
6.1. Asia Pacific Big Data Market Outlook, by Components (US$ ‘000), 2019 - 2029
6.1.1. Key Highlights
6.1.1.1. Solutions
6.1.1.2. Services
6.1.2. BPS Analysis/Market Attractiveness Analysis
6.2. Asia Pacific Big Data Market Outlook, by Verticals, Value (US$ ‘000), 2019 - 2029
6.2.1. Key Highlights
6.2.1.1. BFSI
6.2.1.2. Government and Defense
6.2.1.3. Healthcare and Life Sciences
6.2.1.4. Manufacturing
6.2.1.5. Retail and Consumer Goods
6.2.1.6. Media and Entertainment
6.2.1.7. Telecommunications and IT
6.2.1.8. Transportation and Logistics
6.2.1.9. Other Verticals (real estate, energy and utilities, travel and hospitality, and education and research)
6.2.2. BPS Analysis/Market Attractiveness Analysis
6.3. Asia Pacific Big Data Market Outlook, by Deployment, Value (US$ ‘000), 2019 - 2029
6.3.1. Key Highlights
6.3.1.1. Cloud
6.3.1.2. On-premises
6.3.2. BPS Analysis/Market Attractiveness Analysis
6.4. Asia Pacific Big Data Market Outlook, by Business Function, Value (US$ ‘000), 2019 - 2029
6.4.1. Key Highlights
6.4.1.1. Finance
6.4.1.2. Marketing and Sales
6.4.1.3. Human Resources
6.4.1.4. Operations
6.4.2. BPS Analysis/Market Attractiveness Analysis
6.5. Asia Pacific Big Data Market Outlook, by Org Size, Value (US$ ‘000), 2019 - 2029
6.5.1. Key Highlights
6.5.1.1. Small and Medium-Sized Enterprises
6.5.1.2. Large Enterprises
6.5.2. BPS Analysis/Market Attractiveness Analysis
6.6. Asia Pacific Big Data Market Outlook, by Country, Value (US$ ‘000), 2019 - 2029
6.6.1. Key Highlights
6.6.1.1. India Big Data Market by Value (US$ ‘000), 2019 - 2029
6.6.1.2. China Big Data Market by Value (US$ ‘000), 2019 - 2029
6.6.1.3. Japan Big Data Market by Value (US$ ‘000), 2019 - 2029
6.6.1.4. Australia & New Zealand Big Data Market Value (US$ ‘000), 2019 - 2029
6.6.1.5. Rest of Asia Pacific Market by Value (US$ ‘000), 2019 - 2029
6.6.2. BPS Analysis/Market Attractiveness Analysis
7. Middle East & Africa Big Data Market Outlook, 2019 - 2029
7.1. Latin America Big Data Market Outlook, by Components (US$ ‘000), 2019 - 2029
7.1.1. Key Highlights
7.1.1.1. Solutions
7.1.1.2. Services
7.1.2. BPS Analysis/Market Attractiveness Analysis
7.2. Latin America Big Data Market Outlook, by Verticals, Value (US$ ‘000), 2019 - 2029
7.2.1. Key Highlights
7.2.1.1. BFSI
7.2.1.2. Government and Defense
7.2.1.3. Healthcare and Life Sciences
7.2.1.4. Manufacturing
7.2.1.5. Retail and Consumer Goods
7.2.1.6. Media and Entertainment
7.2.1.7. Telecommunications and IT
7.2.1.8. Transportation and Logistics
7.2.1.9. Other Verticals (real estate, energy and utilities, travel and hospitality, and education and research)
7.2.2. BPS Analysis/Market Attractiveness Analysis
7.3. Latin America Big Data Market Outlook, by Deployment, Value (US$ ‘000), 2019 - 2029
7.3.1. Key Highlights
7.3.1.1. Cloud
7.3.1.2. On-premises
7.3.2. BPS Analysis/Market Attractiveness Analysis
7.4. Latin America Big Data Market Outlook, by Business Function, Value (US$ ‘000), 2019 - 2029
7.4.1. Key Highlights
7.4.1.1. Finance
7.4.1.2. Marketing and Sales
7.4.1.3. Human Resources
7.4.1.4. Operations
7.4.2. BPS Analysis/Market Attractiveness Analysis
7.5. Latin America Big Data Market Outlook, by Org Size, Value (US$ ‘000), 2019 - 2029
7.5.1. Key Highlights
7.5.1.1. Small and Medium-Sized Enterprises
7.5.1.2. Large Enterprises
7.5.2. BPS Analysis/Market Attractiveness Analysis
7.6. Latin America Big Data Market Outlook, by Country, Value (US$ ‘000), 2019 - 2029
7.6.1. Key Highlights
7.6.1.1. Brazil Big Data Market by Value (US$ ‘000), 2019 - 2029
7.6.1.2. Mexico Big Data Market by Value (US$ ‘000), 2019 - 2029
7.6.1.3. Rest of Latin America Big Data Market by Value (US$ ‘000), 2019 - 2029
7.6.2. BPS Analysis/Market Attractiveness Analysis
8. Middle East & Africa Big Data Market Outlook, 2019 - 2029
8.1. Middle East & Africa Big Data Market Outlook, by Components (US$ ‘000), 2019 - 2029
8.1.1. Key Highlights
8.1.1.1. Solutions
8.1.1.2. Services
8.1.2. BPS Analysis/Market Attractiveness Analysis
8.2. Middle East & Africa Big Data Market Outlook, by Verticals, Value (US$ ‘000), 2019 - 2029
8.2.1. Key Highlights
8.2.1.1. BFSI
8.2.1.2. Government and Defense
8.2.1.3. Healthcare and Life Sciences
8.2.1.4. Manufacturing
8.2.1.5. Retail and Consumer Goods
8.2.1.6. Media and Entertainment
8.2.1.7. Telecommunications and IT
8.2.1.8. Transportation and Logistics
8.2.1.9. Other Verticals (real estate, energy and utilities, travel and hospitality, and education and research)
8.2.2. BPS Analysis/Market Attractiveness Analysis
8.3. Middle East & Africa Big Data Market Outlook, by Deployment, Value (US$ ‘000), 2019 - 2029
8.3.1. Key Highlights
8.3.1.1. Cloud
8.3.1.2. On-premises
8.3.2. BPS Analysis/Market Attractiveness Analysis
8.4. Middle East & Africa Big Data Market Outlook, by Business Function, Value (US$ ‘000), 2019 - 2029
8.4.1. Key Highlights
8.4.1.1. Finance
8.4.1.2. Marketing and Sales
8.4.1.3. Human Resources
8.4.1.4. Operations
8.4.2. BPS Analysis/Market Attractiveness Analysis
8.5. Middle East & Africa Big Data Market Outlook, by Org Size, Value (US$ ‘000), 2019 - 2029
8.5.1. Key Highlights
8.5.1.1. Small and Medium-Sized Enterprises
8.5.1.2. Large Enterprises
8.5.2. BPS Analysis/Market Attractiveness Analysis
8.6. Middle East & Africa Big Data Market Outlook, by Country, Value (US$ ‘000), 2019 - 2029
8.6.1. Key Highlights
8.6.1.1. GCC Big Data Market by Value (US$ ‘000), 2019 - 2029
8.6.1.2. South Africa Big Data Market by Value (US$ ‘000), 2019 - 2029
8.6.1.3. Rest of Middle East & Africa Big Data Market by Value (US$ ‘000), 2019 - 2029
8.6.2. BPS Analysis/Market Attractiveness Analysis
9. Competitive Landscape
9.1. Company Market Share Analysis, 2019
9.2. Company Profiles
9.2.1. IBM
9.2.1.1. Company Overview
9.2.1.2. Key Retailing Partners
9.2.1.3. Business Segment Revenue
9.2.1.4. Ingredient Overview
9.2.1.5. Product Offering & its Presence
9.2.1.6. Certifications & Claims
9.2.2. Google
9.2.3. Oracle
9.2.4. Microsoft
9.2.5. SAS
9.2.6. Teradata
9.2.7. AWS
9.2.8. Salesforce
9.2.9. Accenture
10. Appendix
10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations

Companies Mentioned

A selection of companies mentioned in this report includes:

  • IBM
  • Google
  • Oracle
  • Microsoft
  • SAS
  • Teradata
  • AWS
  • Salesforce
  • Accenture

Methodology

Loading
LOADING...