Global Big Data Market - Overview According to Market Research Future (MRFR), the global Big Data Market is poised to create a valuation of USD 17,278.13 MN by 2023, posting a whopping double-digit CAGR of 20.69 % during the forecast period (2017-2023). There is tremendous application potential for big data as enterprises are increasingly investing in the technology to streamline their business operations. Moreover, the rising uptake of big data analytics and services, such as descriptive and predictive/ prescriptive to handle massive data sets, escalate market growth. The big data market is growing profusely, witnessing the rising demand to manage and process structured and unstructured data. A massive amount of unstructured data gets generated by industries every day, especially by IT service proving companies. Big data analytics enable the development of data-driven applications targeted to improve business agility. Besides, the continually increasing adoption of big data analytics across the end-user sectors drives the growth of the market. Get Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/7846 Additionally, the rapid developments of IT infrastructures foster the growth of the big data industry. Moreover, the cost benefits offered by the deployment of cloud-based big-data infrastructures propel the big data software market growth. Most enterprises harness big data capabilities for product cross-selling, financial risk management, regulatory compliance management, and other purposes, increasing the adoption of big data analytics. Also, the increasing numbers of businesses substantiate the market size. Rising awareness about the advantages and diversity of big data analytics accelerate market growth. Government initiatives and funding to support research activities increase the global big data market shares. Global Big Data Market – Segments The report is segmented into six dynamics; By Component
: Hardware, Software, and Services.
By Technology : Predictive Analytics, Machines Learning & Data Mining, Natural Language Processing, Stream Processing, Hadoop, NoSQL, MPAD, and others. By Organization Size: SMEs and Large Enterprise. By Deployment
: On-Premise and On-Cloud.
By End-User : Manufacturing, BFSI, IT & Telecommunications, Government, Transportation, Energy & Utilities, Healthcare, Retail, and others. By Regions
: Americas, Europe, APAC, and Rest-of-the-World.
Global Big Data Market – Geographical Analysis North America dominates the global big data market. The significant market share attributes to the increasing advances in information technology and the early adoption of advanced