Aarkstore announces the publication of its Research Report “The Big Data Market: 2016 2030 Opportunities, Challenges, Strategies, Industry Verticals and Forecasts” presents an in-depth assessment of the Big Data ecosystem including key market drivers, challenges, investment potential, future roadmap, value chain, case studies on Big Data analytics, vendor market share and strategies
“Big Data” originally emerged as a term to describe datasets 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.
Amid the proliferation of real time data from sources such as mobile devices, web, social media, sensors, log files and transactional applications, Big Data has found a host of vertical market applications, ranging from fraud detection to scientific R&D.
Despite challenges relating to privacy concerns and organizational resistance, Big Data investments continue to gain momentum throughout the globe. SNS Research estimates that Big Data investments will account for over $46 Billion in 2016 alone. These investments are further expected to grow at a CAGR of 12% over the next four years.
Topics Covered
The report covers the following topics:
- Big Data ecosystem
- Market drivers and barriers
- Big Data technology, standardization and regulatory initiatives
- Big Data industry roadmap and value chain
- Analysis and use cases for 14 vertical markets
- Big Data analytics technology and case studies
Key Findings
The report has the following key findings:
- In 2016, Big Data vendors will pocket over $46 Billion from hardware, software and professional services revenues.
- Big Data investments are further expected to grow at a CAGR of 12% over the next four years, eventually accounting for over $72 Billion by the end of 2020.
- The market is ripe for acquisitions of pure-play Big Data startups, as competition heats up between IT incumbents.
- Nearly every large scale IT vendor maintains a Big Data portfolio.
- At present, the market is largely dominated by hardware sales and professional services in terms of revenue.
- Going forward, software vendors, particularly those in the Big Data analytics segment, are expected to significantly increase their stake in the Big Data market.
- By the end of 2020, SNS Research expects Big Data software revenue to exceed hardware investments by over $7 Billion.
Details about the Report: http://www.aarkstore.com/telecommunications/119228/the-big-data-market-2016-2030-opportunities-challenges-strategies-industry-verticals-and-forecasts
Table of Contents
1 Introduction
2 An Overview of Big Data
3 Big Data Analytics
4 Big Data in Automotive, Aerospace & Transportation
5 Big Data in Banking & Securities
More Related Reports @ http://www.aarkstore.com/technology/telecommunications
About Aarkstore
Aarkstore Enterprise is a leading provider of business and financial information and solutions worldwide. We specialize in providing online market business information on market research reports, books, magazines, conference at competitive prices, and strive to provide excellent and innovative service to our customers.