Big Data Enterprise market size was valued at $43.86 billion in 2019, and it is estimated to grow at a CAGR of 10.52% during 2020-2025. The growth is mainly attributed to the adoption of advanced technologies such as IoT, data silos, relational database management solutions and edge computing in enterprises has been pushing the big data enterprise industry. Many new enterprises are focusing on adoption of big data as data driven strategy and to compete with other companies. Growing complexity in IT sector with huge data is further set to propel the Big Data Enterprise market growth during forecast period.

Key Takeaways

North America dominated the Big Data Enterprise market in term of revenue in 2019 owing to the early adoption of advanced technologies and presence of major number of players.

Adoption of IoT technology has been pushing the Big Data Enterprise industry with as connected sensors generate huge data which requires big data.

Deployment of cloud based solution owing to its increased data security and cost efficiency enhancing the big data enterprise market growth.

Increasing application of big data in E-Health sector owing to global pandemic disease is poised to provide opportunities for enterprise big data.

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Geography- Segment Analysis

North America dominated the Big Data Enterprise market in 2019 with a market share of 36.15%, followed by Europe and APAC owing to the early adoption of advanced technologies. Additionally, the presence of majority of Big Data Enterprise vendors such as Microsoft Corporation, Oracle Corporation, and IBM Corporation are headquartered at U.S. and this increases the market growth. This is attributed to increasing volumes and importance of data in an organization.

Drivers –Big Data Enterprise Market :

1. Increasing adoption of big data in enterprises
2. Integration of advanced technologies such as IoT and others

Market Landscape : Big Data Enterprise top 10 companies include IBM, Oracle, SAP, Google, Dell Technologies, Teradata, SAS, Salesforce, HPE, Amazon and others.

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