Big data services refer to services that include big data business consulting, big data outsourcing, big data project-based services, and support and training services related to big data implementations. Big data ranges from terabytes (10¹² bytes) to petabytes (10¹5 bytes) and even exabytes (10¹8 bytes), and it includes information collected from sources such mobile devices, digital repositories, and enterprise applications. Big data services provide a wide range of purposes such as fraud management in the banking, financial services, and insurance (BFSI) sector, disease diagnosis in the healthcare sector and customer conversation analysis in social networking websites.
The research report predicts the global Big Data Technologies and Services market to grow at a CAGR of +24% from 2018 to 2025.
The deployment of these solutions over cloud offers great convenience, as the service vendor is responsible for providing maximum uptime, data security, and periodic updates, thus decreasing the total cost of ownership. The current market trends, including delivery of these solutions on the pay-per-use models and SaaS models, wherein the service vendors also assume the responsibility of maintaining data and application information, are further driving the adoption of these solutions.
Moreover, this mode has seen an increase in deployment in small-/medium-scale businesses, as it cuts down the capital expenditure involved in building the required infrastructure on their premises.
Top Players: IBM, Microsoft, Oracle, SAP, Hewlett-Packard, Cisco Systems, SAS Institute, Information Builders, MicroStrategy , Accenture PLC.
United States, North America, Europe, China, Japan, Southeast Asia, India.
Vendors in the Global Big Data Technologies and Services Market are increasingly introducing business intelligence solution that allows businesses to work with data collected from a number of diverse sources. As businesses gain more confidence about the reliability of data-driven decisions undertaken by software solutions in real time, self-service business analytics solutions will gain more prominence in the global business intelligence market in the next few years.
After studying key companies, the report focuses on the startups contributing towards the growth of the market. Possible mergers and acquisitions among the startups and key organizations are identified by the report’s authors in the study.
Most companies in the Big Data Technologies and Services market are currently engaged in adopting new technologies, strategies, product developments, expansions, and long-term contracts to maintain their dominance in this global market.
The cost analysis of the Global Big Data Technologies and Services market has been performed while keeping in view manufacturing expenses, labor cost, and raw materials and their market concentration rate, suppliers, and price trend. Other factors such as industrial chain, downstream buyers, and sourcing strategy have been assessed to provide a complete and in-depth view of the market.
Table of Contents
Global Big Data Technologies and Services Market Research Report 2018
Chapter 1 Global Big Data Technologies and Services Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Big Data Technologies and Services Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
The report also looks into influential external factors likely to affect the development of the Big Data Technologies and Services market in the coming years. These include the technological framework of the industry and likely advances expected in the coming years, consumer preference patterns, economic environment, and the demand for alternative technologies and devices.
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