Monday, 18 March 2019

Global Big Data Services Market Research & Technological Innovation by Leading Key Players - Accenture, Deloitte, Hewlett-Packard (HP) and IBM

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Big Data originally emerged as a term to describe data sets whose size is beyond the ability of traditional databases to capture, store, manage and analyze. However, the scope of the term has significantly expanded over the years. Big Data not only refers to the data itself but also a set of technologies that capture, store, manage and analyze large and variable collections of data, to solve complex problems.

The latest trend gaining momentum in the market is increasing market consolidation. The consolidation in the global big data services market is increasing as many large enterprise computing vendors are acquiring companies to provide new big data technologies. Large vendors are targeting small companies to expand their business portfolios and are acquiring major pure-play big data vendors. 

One of the major drivers for this market is growing amount of data. The data volumes are exploding, and more data has been created since 2014 than in the entire previous history. It is estimated that by the year 2020, more than 1.5 megabytes (MB) of new information will be generated every second for every person across the world. Enterprise applications are generating large volumes of data and this will keep continuing throughout the forecast period and beyond. Large volumes of data are being generated from many sources such as the Internet, mobile devices, and social media.

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The Americas accounted for the majority of the market shares of the big data services market during 2016 and will continue its market dominance during the forecast period as well. The rise in data generation across various industries due to the increase in digital transformation such as the digitalization of workspace and access through mobile apps and websites will propel the markets growth in this region.

In 2018, the global Big Data Services market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.

This report focuses on the global Big Data Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Big Data Services development in United States, Europe and China.

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The key players covered in this study
Accenture
Deloitte
Hewlett-Packard (HP)
IBM
PricewaterhouseCoopers (PwC)
SAP
Teradata

Market segment by Type, the product can be split into
Public Cloud
Private Cloud
Hybrid Cloud

Market segment by Application, split into
BFSI
Telecom
Retail
Others

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:
To analyze global Big Data Services status, future forecast, growth opportunity, key market and key players.
To present the Big Data Services development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

In this study, the years considered to estimate the market size of Big Data Services are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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