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Global Big Data Market: By Component: Solution, Services; By Hardware: Storage, Network Equipment, Server, Others; By Deployment Mode; By Organisation Size; By Application; By End Use; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Big Data Market Outlook
The global big data market is supported by the growth of big data and business analytics market, which attained USD 208 billion in 2020. The global big data and analytics market is expected to grow at a CAGR of 10% in the forecast period of 2022-2027 to attain USD 450 billion by 2026.
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North America to Lead the Global Market of Big Data
North America holds a major revenue share of the market and will continue to do so, while the Asia Pacific region is projected to grow at the highest rate among regional markets for big data. North America is experiencing rapid developments in the big data market. This is mainly due to the increasing adoption of IoT and allied services by major industrial sectors, thus generating massive amounts of useful data which can be exploited. Companies and organizations have started exploiting big data to generate key insights and strategies and business decisions to remain competitive. This trend is increasingly being adopted by major players in the developing regions as well. China is expected to be the fastest growing country within the regional markets, followed by countries such as Australia, India, and South Korea, all contributing to a healthy growth rate for the big data market in the forecast period as well.
Big Data: Market Segmentation
Big data refers to a field that treats ways to analyze, extricate information from, or manipulate data sets that are extremely large and complex to be dealt with by traditional data-processing application software. These use techniques such as machine learning and advanced optimization algorithms to generate valuable insights for the organization based on these big data sets.
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The market is divided on the basis of component into:
- Solution
- Services
By hardware, the market is segmented into:
- Storage
- Network Equipment
- Server
- Others
The market is categorised in terms of deployment mode into:
- On-Premises
- Cloud
- Hybrid
The market is divided on the basis of organisation size into:
- Large Enterprises
- Small and Medium-Sized Enterprises
The market is segregated on the basis of application into:
- Customer Analytics
- Operational Analytics
- Fraud Detection
- Compliance
- Data Warehouse Optimisation
- Others
The market is segmented on the basis of end use into:
- Manufacturing
- Retail
- Media and Entertainment
- Healthcare
- IT and Telecommunication
- Government
- Gaming
- Energy and Power
- Engineering and Construction
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rising Internet Penetration to Aid the Market Growth of Big Data
As the volume of data generated through various devices is growing at an exponential rate, the requirement for extracting value out of this data is the need of the hour. The introduction of cloud computing has eased the storage of data, making it more cost effective, flexible, and secure. Affordable storage services and rapid technological services that have increased the accessibility of the internet and data has increased the demand for big data. The emergence and adoption of IoT are also pushing the market forward. Managing vast volumes of data and extracting value and business insights from the same is pushing business in unprecedented ways. Investing in research and development, such as in companies like Facebook, is also driving the demand for big data. The market for big data is expected to grow at a fast rate in emerging economies such as China in the forecast period.
Key Industry Players in the Global Big Data Market
The report gives a detailed analysis of the following key players in the global big data market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- IBM Corporation
- Oracle Corporation
- Microsoft Corporation
- Hewlett Packard Enterprise Development LP
- SAS Institute Inc.
- Amazon Web Services
- Accenture Plc
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Component, Hardware, Deployment Mode, Organisation Size, Application, End Use, Region |
| Breakup by Component | Solution, Services |
| Breakup by Hardware | Storage, Network Equipment, Server, Others |
| Breakup by Deployment Mode | On-Premises, Cloud, Hybrid |
| Breakup by Organisation Size | Large Enterprises, Small and Medium-Sized Enterprises |
| Breakup by Application | Customer Analytics, Operational Analytics, Fraud Detection, Compliance, Data Warehouse Optimisation, Others |
| Breakup by End Use | Manufacturing, Retail, Media and Entertainment, Healthcare, IT and Telecommunication, Government, Gaming, Energy and Power, Engineering and Construction, Others |
| Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | IBM Corporation, Oracle Corporation, Microsoft Corporation, Hewlett Packard Enterprise Development LP, SAS Institute Inc., Amazon Web Services, Accenture Plc, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Big Data Market Analysis
8.1 Key Industry Highlights
8.2 Global Big Data Historical Market (2017-2021)
8.3 Global Big Data Market Forecast (2022-2027)
8.4 Global Big Data Market by Component
8.4.1 Solution
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Services
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.5 Global Big Data Market by Hardware
8.5.1 Storage
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Network Equipment
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Server
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.5.4 Others
8.6 Global Big Data Market by Deployment Mode
8.6.1 On-Premises
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2017-2021)
8.6.1.3 Forecast Trend (2022-2027)
8.6.2 Cloud
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2021)
8.6.2.3 Forecast Trend (2022-2027)
8.6.3 Hybrid
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2017-2021)
8.6.3.3 Forecast Trend (2022-2027)
8.7 Global Big Data Market by Organisation Size
8.7.1 Large Enterprises
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2017-2021)
8.7.1.3 Forecast Trend (2022-2027)
8.7.2 Small and Medium-Sized Enterprises
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2017-2021)
8.7.2.3 Forecast Trend (2022-2027)
8.8 Global Big Data Market by Application
8.8.1 Customer Analytics
8.8.1.1 Market Share
8.8.1.2 Historical Trend (2017-2021)
8.8.1.3 Forecast Trend (2022-2027)
8.8.2 Operational Analytics
8.8.2.1 Market Share
8.8.2.2 Historical Trend (2017-2021)
8.8.2.3 Forecast Trend (2022-2027)
8.8.3 Fraud Detection
8.8.3.1 Market Share
8.8.3.2 Historical Trend (2017-2021)
8.8.3.3 Forecast Trend (2022-2027)
8.8.4 Compliance
8.8.4.1 Market Share
8.8.4.2 Historical Trend (2017-2021)
8.8.4.3 Forecast Trend (2022-2027)
8.8.5 Data Warehouse Optimisation
8.8.5.1 Market Share
8.8.5.2 Historical Trend (2017-2021)
8.8.5.3 Forecast Trend (2022-2027)
8.8.6 Others
8.9 Global Big Data Market by End Use
8.9.1 Manufacturing
8.9.1.1 Market Share
8.9.1.2 Historical Trend (2017-2021)
8.9.1.3 Forecast Trend (2022-2027)
8.9.2 Retail
8.9.2.1 Market Share
8.9.2.2 Historical Trend (2017-2021)
8.9.2.3 Forecast Trend (2022-2027)
8.9.3 Media and Entertainment
8.9.3.1 Market Share
8.9.3.2 Historical Trend (2017-2021)
8.9.3.3 Forecast Trend (2022-2027)
8.9.4 Healthcare
8.9.4.1 Market Share
8.9.4.2 Historical Trend (2017-2021)
8.9.4.3 Forecast Trend (2022-2027)
8.9.5 IT and Telecommunication
8.9.5.1 Market Share
8.9.5.2 Historical Trend (2017-2021)
8.9.5.3 Forecast Trend (2022-2027)
8.9.6 Government
8.9.6.1 Market Share
8.9.6.2 Historical Trend (2017-2021)
8.9.6.3 Forecast Trend (2022-2027)
8.9.7 Gaming
8.9.7.1 Market Share
8.9.7.2 Historical Trend (2017-2021)
8.9.7.3 Forecast Trend (2022-2027)
8.9.8 Energy and Power
8.9.8.1 Market Share
8.9.8.2 Historical Trend (2017-2021)
8.9.8.3 Forecast Trend (2022-2027)
8.9.9 Engineering and Construction
8.9.9.1 Market Share
8.9.9.2 Historical Trend (2017-2021)
8.9.9.3 Forecast Trend (2022-2027)
8.9.10 Others
8.10 Global Big Data Market by Region
8.10.1 Market Share
8.10.1.1 North America
8.10.1.2 Europe
8.10.1.3 Asia Pacific
8.10.1.4 Latin America
8.10.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country Kingdom
9.2.3.1 United
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 IBM Corporation
11.2.1.1 Company Overview
11.2.1.2 Product Portfolio
11.2.1.3 Demographic Reach and Achievements
11.2.1.4 Certifications
11.2.2 Oracle Corporation
11.2.2.1 Company Overview
11.2.2.2 Product Portfolio
11.2.2.3 Demographic Reach and Achievements
11.2.2.4 Certifications
11.2.3 Microsoft Corporation
11.2.3.1 Company Overview
11.2.3.2 Product Portfolio
11.2.3.3 Demographic Reach and Achievements
11.2.3.4 Certifications
11.2.4 Hewlett Packard Enterprise Development LP
11.2.4.1 Company Overview
11.2.4.2 Product Portfolio
11.2.4.3 Demographic Reach and Achievements
11.2.4.4 Certifications
11.2.5 SAS Institute Inc.
11.2.5.1 Company Overview
11.2.5.2 Product Portfolio
11.2.5.3 Demographic Reach and Achievements
11.2.5.4 Certifications
11.2.6 Amazon Web Services
11.2.6.1 Company Overview
11.2.6.2 Product Portfolio
11.2.6.3 Demographic Reach and Achievements
11.2.6.4 Certifications
11.2.7 Accenture Plc
11.2.7.1 Company Overview
11.2.7.2 Product Portfolio
11.2.7.3 Demographic Reach and Achievements
11.2.7.4 Certifications
11.2.8 Others
12 Industry Events and Developments
List of Key Figures and Tables
1. Global Big Data Market: Key Industry Highlights, 2016 and 2026
2. Global Big Data Historical Market: Breakup by Component (USD Billion), 2017-2021
3. Global Big Data Market Forecast: Breakup by Component (USD Billion), 2022-2027
4. Global Big Data Historical Market: Breakup by Hardware (USD Billion), 2017-2021
5. Global Big Data Market Forecast: Breakup by Hardware (USD Billion), 2022-2027
6. Global Big Data Historical Market: Breakup by Deployment Mode (USD Billion), 2017-2021
7. Global Big Data Market Forecast: Breakup by Deployment Mode (USD Billion), 2022-2027
8. Global Big Data Historical Market: Breakup by Organisation Size (USD Billion), 2017-2021
9. Global Big Data Market Forecast: Breakup by Organisation Size (USD Billion), 2022-2027
10. Global Big Data Historical Market: Breakup by Application (USD Billion), 2017-2021
11. Global Big Data Market Forecast: Breakup by Application (USD Billion), 2022-2027
12. Global Big Data Historical Market: Breakup by End Use (USD Billion), 2017-2021
13. Global Big Data Market Forecast: Breakup by End Use (USD Billion), 2022-2027
14. Global Big Data Historical Market: Breakup by Region (USD Billion), 2017-2021
15. Global Big Data Market Forecast: Breakup by Region (USD Billion), 2022-2027
16. North America Big Data Historical Market: Breakup by Country (USD Billion), 2017-2021
17. North America Big Data Market Forecast: Breakup by Country (USD Billion), 2022-2027
18. Europe Big Data Historical Market: Breakup by Country (USD Billion), 2017-2021
19. Europe Big Data Market Forecast: Breakup by Country (USD Billion), 2022-2027
20. Asia Pacific Big Data Historical Market: Breakup by Country (USD Billion), 2017-2021
21. Asia Pacific Big Data Market Forecast: Breakup by Country (USD Billion), 2022-2027
22. Latin America Big Data Historical Market: Breakup by Country (USD Billion), 2017-2021
23. Latin America Big Data Market Forecast: Breakup by Country (USD Billion), 2022-2027
24. Middle East and Africa Big Data Historical Market: Breakup by Country (USD Billion), 2017-2021
25. Middle East and Africa Big Data Market Forecast: Breakup by Country (USD Billion), 2022-2027
26. Global Big Data Market Structure
Key Questions Answered in the Report
In 2020, the global big data market attained a value of nearly USD 208 billion.
The market is projected to grow at a CAGR of 10% between 2021 and 2026.
The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach USD 450 billion by 2026.
The major drivers of the industry include rising population, growing urbanisation, increasing adoption of IoT and allied services by major industrial sectors and investing in research and development.
Rising internet penetration is expected to be a key trend guiding the growth of the industry.
The components of big data available by component are solution and services.
Big data finds applications as customer analytics, operational analytics, fraud detection, compliance, and data warehouse optimisation, amongst others.
Big data can have different end-uses like manufacturing, retail, media and entertainment, healthcare, IT and telecommunication, government, gaming, energy and power, engineering, and construction, amongst others.
The market can be segmented by hardware into storage, network equipment, and server, amongst others.
The deployment modes for the market are on-premises, cloud, and hybrid.
The categories on the basis of organisation size are large enterprises, and small and medium-sized enterprises.
The leading players in this market are IBM Corporation, Oracle Corporation, Microsoft Corporation, Hewlett Packard Enterprise Development LP, SAS Institute Inc., Amazon Web Services, and Accenture Plc, amongst others.
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