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Big Data Market

Global Big Data Market Share, Size, Trends: By Component: Solution, Services; By Hardware: Storage, Network Equipment, Server, Others; By Deployment Mode: On-Premises, Cloud, Hybrid; By Organisation Size: Large Enterprises, Small and Medium Enterprises; By Application; By End Use; Regional Analysis; Competitive Landscape; 2024-2032

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 311.72 billion in 2023. The global big data and analytics market is expected to grow at a CAGR of 14.9% in the forecast period of 2024-2032 to attain USD 1088.06 billion by 2032.

 

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
  • Accenture Plc
  • Amazon Web Services, Inc
  • Microsoft Corporation
  • Google LLC
  • Dell Technologies, Inc
  • VMware, Inc
  • Hewlett Packard Enterprise Development LP
  • IBM Corporation
  • Teradata Corporation
  • SAP SE
  • ScienceSoft
  • 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.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
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 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
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • IBM Corporation
  • Oracle Corporation
  • Microsoft Corporation
  • Accenture Plc
  • Amazon Web Services, Inc
  • Microsoft Corporation
  • Google LLC
  • Dell Technologies, Inc
  • VMware, Inc
  • Hewlett Packard Enterprise Development LP
  • IBM Corporation
  • Teradata Corporation
  • SAP SE
  • ScienceSoft
  • Others

 

*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    Market 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 (2018-2023) 
    8.3    Global Big Data Market Forecast (2024-2032)
    8.4    Global Big Data Market by Component
        8.4.1    Solution
            8.4.1.1    Historical Trend (2018-2023) 
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Services
            8.4.2.1    Historical Trend (2018-2023) 
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Big Data Market by Hardware
        8.5.1    Storage
            8.5.1.1    Historical Trend (2018-2023) 
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Network Equipment
            8.5.2.1    Historical Trend (2018-2023) 
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Server
            8.5.3.1    Historical Trend (2018-2023) 
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Others
    8.6    Global Big Data Market by Deployment Mode
        8.6.1    On-Premises
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Cloud
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Hybrid
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
    8.7    Global Big Data Market by Organisation Size 
        8.7.1    Large Enterprises
            8.7.1.1    Historical Trend (2018-2023) 
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Small and Medium Enterprises
            8.7.2.1    Historical Trend (2018-2023) 
            8.7.2.2    Forecast Trend (2024-2032)
    8.8    Global Big Data Market by Application
        8.8.1    Customer Analytics
            8.8.1.1    Historical Trend (2018-2023) 
            8.8.1.2    Forecast Trend (2024-2032)
        8.8.2    Operational Analytics
            8.8.2.1    Historical Trend (2018-2023) 
            8.8.2.2    Forecast Trend (2024-2032)
        8.8.3    Fraud Detection
            8.8.3.1    Historical Trend (2018-2023) 
            8.8.3.2    Forecast Trend (2024-2032)
        8.8.4    Compliance
            8.8.4.1    Historical Trend (2018-2023) 
            8.8.4.2    Forecast Trend (2024-2032)
        8.8.5    Data Warehouse Optimisation
            8.8.5.1    Historical Trend (2018-2023) 
            8.8.5.2    Forecast Trend (2024-2032)
        8.8.6    Others
    8.9    Global Big Data Market by End-Use
        8.9.1    Manufacturing
            8.9.1.1    Historical Trend (2018-2023) 
            8.9.1.2    Forecast Trend (2024-2032)
        8.9.2    Retail
            8.9.2.1    Historical Trend (2018-2023) 
            8.9.2.2    Forecast Trend (2024-2032)
        8.9.3    Media and Entertainment
            8.9.3.1    Historical Trend (2018-2023) 
            8.9.3.2    Forecast Trend (2024-2032)
        8.9.4    Healthcare
            8.9.4.1    Historical Trend (2018-2023) 
            8.9.4.2    Forecast Trend (2024-2032)
        8.9.5    IT and Telecommunication
            8.9.5.1    Historical Trend (2018-2023) 
            8.9.5.2    Forecast Trend (2024-2032)
        8.9.6    Government
            8.9.6.1    Historical Trend (2018-2023) 
            8.9.6.2    Forecast Trend (2024-2032)
        8.9.7    Gaming
            8.9.7.1    Historical Trend (2018-2023) 
            8.9.7.2    Forecast Trend (2024-2032)
        8.9.8    Energy and Power
            8.9.8.1    Historical Trend (2018-2023) 
            8.9.8.2    Forecast Trend (2024-2032)
        8.9.9    Engineering and Construction
            8.9.9.1    Historical Trend (2018-2023) 
            8.9.9.2    Forecast Trend (2024-2032)
        8.9.10    Others
    8.10    Global Big Data Market by Region
        8.10.1    North America
            8.10.1.1    Historical Trend (2018-2023) 
            8.10.1.2    Forecast Trend (2024-2032)
        8.10.2    Europe
            8.10.2.1    Historical Trend (2018-2023) 
            8.10.2.2    Forecast Trend (2024-2032)
        8.10.3    Asia Pacific
            8.10.3.1    Historical Trend (2018-2023) 
            8.10.3.2    Forecast Trend (2024-2032)
        8.10.4    Latin America
            8.10.4.1    Historical Trend (2018-2023) 
            8.10.4.2    Forecast Trend (2024-2032)
        8.10.5    Middle East and Africa
            8.10.5.1    Historical Trend (2018-2023) 
            8.10.5.2    Forecast Trend (2024-2032)
9    North America Big Data Market Analysis
    9.1    Market by Component
    9.2    Market by Hardware
    9.3    Market by Deployment Mode
    9.4    Market by Organisation Size
    9.5    Market by Application
    9.6    Market by End-Use
    9.7    Market by Country
        9.7.1    United States of America 
            9.7.1.1    Historical Trend (2018-2023) 
            9.7.1.2    Forecast Trend (2024-2032)
        9.7.2    Canada
            9.7.2.1    Historical Trend (2018-2023) 
            9.7.2.2    Forecast Trend (2024-2032)
10    Europe Big Data Market Analysis
    10.1    Market by Component
    10.2    Market by Hardware
    10.3    Market by Deployment Mode
    10.4    Market by Organisation Size
    10.5    Market by Application
    10.6    Market by End-Use
    10.7    Market by Country
        10.7.1    United Kingdom
            10.7.1.1    Historical Trend (2018-2023) 
            10.7.1.2    Forecast Trend (2024-2032)
        10.7.2    Germany
            10.7.2.1    Historical Trend (2018-2023) 
            10.7.2.2    Forecast Trend (2024-2032)
        10.7.3    France
            10.7.3.1    Historical Trend (2018-2023) 
            10.7.3.2    Forecast Trend (2024-2032)
        10.7.4    Italy
            10.7.4.1    Historical Trend (2018-2023) 
            10.7.4.2    Forecast Trend (2024-2032)
        10.7.5    Others
11    Asia Pacific Big Data Market Analysis
    11.1    Market by Component
    11.2    Market by Hardware
    11.3    Market by Deployment Mode
    11.4    Market by Organisation Size
    11.5    Market by Application
    11.6    Market by End-Use
    11.7    Market by Country
        11.7.1    China
            11.7.1.1    Historical Trend (2018-2023) 
            11.7.1.2    Forecast Trend (2024-2032)
        11.7.2    Japan
            11.7.2.1    Historical Trend (2018-2023) 
            11.7.2.2    Forecast Trend (2024-2032)
        11.7.3    India
            11.7.3.1    Historical Trend (2018-2023) 
            11.7.3.2    Forecast Trend (2024-2032)
        11.7.4    ASEAN
            11.7.4.1    Historical Trend (2018-2023) 
            11.7.4.2    Forecast Trend (2024-2032)
        11.7.5    South Korea
            11.7.5.1    Historical Trend (2018-2023) 
            11.7.5.2    Forecast Trend (2024-2032)
        11.7.6    Australia
            11.7.6.1    Historical Trend (2018-2023) 
            11.7.6.2    Forecast Trend (2024-2032)
        11.7.7    Others
12    Latin America Big Data Market Analysis
    12.1    Market by Component
    12.2    Market by Hardware
    12.3    Market by Deployment Mode
    12.4    Market by Organisation Size
    12.5    Market by Application
    12.6    Market by End-Use
    12.7    Market by Country
        12.7.1    Brazil
            12.7.1.1    Historical Trend (2018-2023) 
            12.7.1.2    Forecast Trend (2024-2032)
        12.7.2    Argentina
            12.7.2.1    Historical Trend (2018-2023) 
            12.7.2.2    Forecast Trend (2024-2032)
        12.7.3    Mexico
            12.7.3.1    Historical Trend (2018-2023) 
            12.7.3.2    Forecast Trend (2024-2032)
        12.7.4    Others
13    Middle East and Africa Big Data Market Analysis
    13.1    Market by Component
    13.2    Market by Hardware
    13.3    Market by Deployment Mode
    13.4    Market by Organisation Size
    13.5    Market by Application
    13.6    Market by End-Use
    13.7    Market by Country
        13.7.1    Saudi Arabia
            13.7.1.1    Historical Trend (2018-2023) 
            13.7.1.2    Forecast Trend (2024-2032)
        13.7.2    United Arab Emirates
            13.7.2.1    Historical Trend (2018-2023) 
            13.7.2.2    Forecast Trend (2024-2032)
        13.7.3    Nigeria
            13.7.3.1    Historical Trend (2018-2023) 
            13.7.3.2    Forecast Trend (2024-2032)
        13.7.4    South Africa
            13.7.4.1    Historical Trend (2018-2023) 
            13.7.4.2    Forecast Trend (2024-2032)
        13.7.5    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    Accenture Plc
            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    Amazon Web Services, 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    Microsoft Corporation
            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    Google LLC
            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    Dell Technologies, Inc
            15.2.8.1    Company Overview
            15.2.8.2    Product Portfolio
            15.2.8.3    Demographic Reach and Achievements
            15.2.8.4    Certifications
        15.2.9    VMware, Inc
            15.2.9.1    Company Overview
            15.2.9.2    Product Portfolio
            15.2.9.3    Demographic Reach and Achievements
            15.2.9.4    Certifications
        15.2.10    Hewlett Packard Enterprise Development LP
            15.2.10.1    Company Overview
            15.2.10.2    Product Portfolio
            15.2.10.3    Demographic Reach and Achievements
            15.2.10.4    Certifications
        15.2.11    IBM Corporation
            15.2.11.1    Company Overview
            15.2.11.2    Product Portfolio
            15.2.11.3    Demographic Reach and Achievements
            15.2.11.4    Certifications
        15.2.12    Teradata Corporation
            15.2.12.1    Company Overview
            15.2.12.2    Product Portfolio
            15.2.12.3    Demographic Reach and Achievements
            15.2.12.4    Certifications
        15.2.13    SAP SE
            15.2.13.1    Company Overview
            15.2.13.2    Product Portfolio
            15.2.13.3    Demographic Reach and Achievements
            15.2.13.4    Certifications
        15.2.14    ScienceSoft
            15.2.14.1    Company Overview
            15.2.14.2    Product Portfolio
            15.2.14.3    Demographic Reach and Achievements
            15.2.14.4    Certifications
        15.2.15    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 2032
2.    Global Big Data Historical Market: Breakup by Component (USD Billion), 2018-2023
3.    Global Big Data Market Forecast: Breakup by Component (USD Billion), 2024-2032
4.    Global Big Data Historical Market: Breakup by Hardware (USD Billion), 2018-2023
5.    Global Big Data Market Forecast: Breakup by Hardware (USD Billion), 2024-2032
6.    Global Big Data Historical Market: Breakup by Deployment Mode (USD Billion), 2018-2023
7.    Global Big Data Market Forecast: Breakup by Deployment Mode (USD Billion), 2024-2032
8.    Global Big Data Historical Market: Breakup by Organisation Size (USD Billion), 2018-2023
9.    Global Big Data Market Forecast: Breakup by Organisation Size (USD Billion), 2024-2032
10.    Global Big Data Historical Market: Breakup by Application (USD Billion), 2018-2023
11.    Global Big Data Market Forecast: Breakup by Application (USD Billion), 2024-2032
12.    Global Big Data Historical Market: Breakup by End-Use (USD Billion), 2018-2023
13.    Global Big Data Market Forecast: Breakup by End-Use (USD Billion), 2024-2032
14.    Global Big Data Historical Market: Breakup by Region (USD Billion), 2018-2023
15.    Global Big Data Market Forecast: Breakup by Region (USD Billion), 2024-2032
16.    North America Big Data Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    North America Big Data Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Europe Big Data Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Europe Big Data Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    Asia Pacific Big Data Historical Market: Breakup by Country (USD Billion), 2018-2023
21.    Asia Pacific Big Data Market Forecast: Breakup by Country (USD Billion), 2024-2032
22.    Latin America Big Data Historical Market: Breakup by Country (USD Billion), 2018-2023
23.    Latin America Big Data Market Forecast: Breakup by Country (USD Billion), 2024-2032
24.    Middle East and Africa Big Data Historical Market: Breakup by Country (USD Billion), 2018-2023
25.    Middle East and Africa Big Data Market Forecast: Breakup by Country (USD Billion), 2024-2032
26.    Global Big Data Market Structure

Key Questions Answered in the Report

In 2023, the global big data market attained a value of nearly USD 311.72 billion.

The market is projected to grow at a CAGR of 14.9% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 1088.06 billion by 2032.

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, Accenture Plc, Amazon Web Services, Inc, Microsoft Corporation, Google LLC, Dell Technologies, Inc, VMware, Inc, Hewlett Packard Enterprise Development LP, IBM Corporation, Teradata Corporation, SAP SE, and ScienceSoft, among others.

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