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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 (2018-2028); 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 2023-2028 to attain USD 450 billion by 2026.

 

Global Big Data Market

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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.

 

Global Big Data Market By Hardware

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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.

 

Global Big Data Market By Region

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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 2022
Historical Period 2018-2022
Forecast Period 2023-2028
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.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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    Opportunities and Challenges in the Market
8    Global Big Data Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Big Data Historical Market (2018-2022) 
    8.3    Global Big Data Market Forecast (2023-2028)
    8.4    Global Big Data Market by Component
        8.4.1    Solution
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Services
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
    8.5    Global Big Data Market by Hardware
        8.5.1    Storage
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Network Equipment
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    Server
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022)
            8.5.3.3    Forecast Trend (2023-2028)
        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 (2018-2022)
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Cloud
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022)
            8.6.2.3    Forecast Trend (2023-2028)
        8.6.3    Hybrid
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2018-2022)
            8.6.3.3    Forecast Trend (2023-2028)
    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 (2018-2022)
            8.7.1.3    Forecast Trend (2023-2028)
        8.7.2    Small and Medium-Sized Enterprises
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2018-2022)
            8.7.2.3    Forecast Trend (2023-2028)
    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 (2018-2022)
            8.8.1.3    Forecast Trend (2023-2028)
        8.8.2    Operational Analytics
            8.8.2.1    Market Share
            8.8.2.2    Historical Trend (2018-2022)
            8.8.2.3    Forecast Trend (2023-2028)
        8.8.3    Fraud Detection
            8.8.3.1    Market Share
            8.8.3.2    Historical Trend (2018-2022)
            8.8.3.3    Forecast Trend (2023-2028)
        8.8.4    Compliance
            8.8.4.1    Market Share
            8.8.4.2    Historical Trend (2018-2022)
            8.8.4.3    Forecast Trend (2023-2028)
        8.8.5    Data Warehouse Optimisation
            8.8.5.1    Market Share
            8.8.5.2    Historical Trend (2018-2022)
            8.8.5.3    Forecast Trend (2023-2028)
        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 (2018-2022)
            8.9.1.3    Forecast Trend (2023-2028)
        8.9.2    Retail
            8.9.2.1    Market Share
            8.9.2.2    Historical Trend (2018-2022)
            8.9.2.3    Forecast Trend (2023-2028)
        8.9.3    Media and Entertainment
            8.9.3.1    Market Share
            8.9.3.2    Historical Trend (2018-2022)
            8.9.3.3    Forecast Trend (2023-2028)
        8.9.4    Healthcare 
            8.9.4.1    Market Share
            8.9.4.2    Historical Trend (2018-2022)
            8.9.4.3    Forecast Trend (2023-2028)
        8.9.5    IT and Telecommunication
            8.9.5.1    Market Share
            8.9.5.2    Historical Trend (2018-2022)
            8.9.5.3    Forecast Trend (2023-2028)
        8.9.6    Government
            8.9.6.1    Market Share
            8.9.6.2    Historical Trend (2018-2022)
            8.9.6.3    Forecast Trend (2023-2028)
        8.9.7    Gaming
            8.9.7.1    Market Share
            8.9.7.2    Historical Trend (2018-2022)
            8.9.7.3    Forecast Trend (2023-2028)
        8.9.8    Energy and Power
            8.9.8.1    Market Share
            8.9.8.2    Historical Trend (2018-2022)
            8.9.8.3    Forecast Trend (2023-2028)
        8.9.9    Engineering and Construction
            8.9.9.1    Market Share
            8.9.9.2    Historical Trend (2018-2022)
            8.9.9.3    Forecast Trend (2023-2028)
        8.9.10    Others
    8.10    Global Big Data Market by Region       
        8.10.1    North America
            8.10.1.1    Market Share
            8.10.1.2    Historical Trend (2018-2022) 
            8.10.1.3    Forecast Trend (2023-2028)
        8.10.2    Europe
            8.10.2.1    Market Share
            8.10.2.2    Historical Trend (2018-2022) 
            8.10.2.3    Forecast Trend (2023-2028)
        8.10.3    Asia Pacific
            8.10.3.1    Market Share
            8.10.3.2    Historical Trend (2018-2022) 
            8.10.3.3    Forecast Trend (2023-2028)
        8.10.4    Latin America
            8.10.4.1    Market Share
            8.10.4.2    Historical Trend (2018-2022) 
            8.10.4.3    Forecast Trend (2023-2028)
        8.10.5    Middle East and Africa
            8.10.5.1    Market Share
            8.10.5.2    Historical Trend (2018-2022) 
            8.10.5.3    Forecast Trend (2023-2028)
9    North America Big Data Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2022) 
        9.1.3    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2022) 
        9.2.3    Forecast Trend (2023-2028)
10    Europe Big Data Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2022) 
        10.1.3    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2022) 
        10.2.3    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2022) 
        10.3.3    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2022) 
        10.4.3    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Big Data Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2022) 
        11.1.3    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2022) 
        11.2.3    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2022) 
        11.3.3    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2022) 
        11.4.3    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2022) 
        11.5.3    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Big Data Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2022) 
        12.1.3    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2022) 
        12.2.3    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2022) 
        12.3.3    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Big Data Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2022) 
        13.1.3    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2022) 
        13.2.3    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2022) 
        13.3.3    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2022) 
        13.4.3    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    IBM Corporation
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    Oracle Corporation
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Microsoft Corporation
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Hewlett Packard Enterprise Development LP
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    SAS Institute Inc.
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Amazon Web Services
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    Accenture Plc
            15.2.7.1    Company Overview
            15.2.7.2    Product Portfolio
            15.2.7.3    Demographic Reach and Achievements
            15.2.7.4    Certifications
        15.2.8    Others
16    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Big Data Market: Key Industry Highlights, 2018 and 2028
2.    Global Big Data Historical Market: Breakup by Component (USD Billion), 2018-2022
3.    Global Big Data Market Forecast: Breakup by Component (USD Billion), 2023-2028
4.    Global Big Data Historical Market: Breakup by Hardware (USD Billion), 2018-2022
5.    Global Big Data Market Forecast: Breakup by Hardware (USD Billion), 2023-2028
6.    Global Big Data Historical Market: Breakup by Deployment Mode (USD Billion), 2018-2022
7.    Global Big Data Market Forecast: Breakup by Deployment Mode (USD Billion), 2023-2028
8.    Global Big Data Historical Market: Breakup by Organisation Size (USD Billion), 2018-2022
9.    Global Big Data Market Forecast: Breakup by Organisation Size (USD Billion), 2023-2028
10.    Global Big Data Historical Market: Breakup by Application (USD Billion), 2018-2022
11.    Global Big Data Market Forecast: Breakup by Application (USD Billion), 2023-2028
12.    Global Big Data Historical Market: Breakup by End Use (USD Billion), 2018-2022
13.    Global Big Data Market Forecast: Breakup by End Use (USD Billion), 2023-2028
14.    Global Big Data Historical Market: Breakup by Region (USD Billion), 2018-2022
15.    Global Big Data Market Forecast: Breakup by Region (USD Billion), 2023-2028
16.    North America Big Data Historical Market: Breakup by Country (USD Billion), 2018-2022
17.    North America Big Data Market Forecast: Breakup by Country (USD Billion), 2023-2028
18.    Europe Big Data Historical Market: Breakup by Country (USD Billion), 2018-2022
19.    Europe Big Data Market Forecast: Breakup by Country (USD Billion), 2023-2028
20.    Asia Pacific Big Data Historical Market: Breakup by Country (USD Billion), 2018-2022
21.    Asia Pacific Big Data Market Forecast: Breakup by Country (USD Billion), 2023-2028
22.    Latin America Big Data Historical Market: Breakup by Country (USD Billion), 2018-2022
23.    Latin America Big Data Market Forecast: Breakup by Country (USD Billion), 2023-2028
24.    Middle East and Africa Big Data Historical Market: Breakup by Country (USD Billion), 2018-2022
25.    Middle East and Africa Big Data Market Forecast: Breakup by Country (USD Billion), 2023-2028
26.    Global Big Data Market Structure

Key Questions Answered in the Report

What was the global big data market size in 2020?

In 2020, the global big data market attained a value of nearly USD 208 billion.

What is the growth rate of the market?

The market is projected to grow at a CAGR of 10% between 2021 and 2026.

What is the forecast outlook of the market for 2023-2028?

The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach USD 450 billion by 2026.

What are the major market drivers?

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.

What are the key industry trend of the global big data market?

Rising internet penetration is expected to be a key trend guiding the growth of the industry.

What are the different components of big data, depending on component?

The components of big data available by component are solution and services.

What are the different applications of big data?

Big data finds applications as customer analytics, operational analytics, fraud detection, compliance, and data warehouse optimisation, amongst others.

What are the different end-uses of big data?

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.

What are the segmentations based on hardware?

The market can be segmented by hardware into storage, network equipment, and server, amongst others.

What are the deployment modes for the market?

The deployment modes for the market are on-premises, cloud, and hybrid.

What are the categories on the basis of organisation size?

The categories on the basis of organisation size are large enterprises, and small and medium-sized enterprises.

Who are the key industry players in this market?

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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