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The Japan big data market size reached approximately USD 11.02 billion in 2023. The market is further estimated to grow at a CAGR of 9.8% in the forecast period of 2024-2032, reaching a value of around USD 25.56 billion by 2032.
Big data refers to a large and complex set of data that can be collected, analysed, and examined to gain useful insights, trends, and patterns. This data can be structured, semi-structured, and unstructured and can be processed using tools such as Hadoop, Spark, and Qubole, among others.
Based on system software, the market is divided into big data analytics, NoSQL and SQL, and Hadoop distribution tools and solutions, among others. On the basis of hardware, the market is classified into network equipment, servers, and storage tools.
The Japan big data market segmentation, on the basis of services, includes consulting services, deployment and integration, and outsourcing and training, among others. Based on end use, the market is categorised into BFSI, government bodies, retail, transportation, and healthcare, among 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. The report gives a detailed analysis of the following key players in the Japan big data market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
As per the Japan big data market analysis, big data analytics accounts for a substantial share of the market owing to its increased incorporation by enterprises and organisations in assessing large volumes of data and extracting useful information. It offers a cost-efficient method of developing a better understanding of customer behaviour and their requirements, which aids organisations in developing efficient business strategies. Additionally, it also keeps track of the latest market trends and changing behavioural patterns for business optimisation.
The BFSI sector occupies a sizeable portion of the Japan big data market share due to the large volume of data generated in transactions, fund transfers, and account opening, among other operations of financial institutes. Banks in Japan are harnessing the power of big data to enhance their performance, regulate compliance management, and mitigate the risk of any financial disaster. Furthermore, increased focus on customer-centric service has fuelled the demand for understanding customer behaviour through useful insights, which further fuel the market growth.
Oracle Corporation, incorporated in 1977, is a computer technology provider, based in Texas, the United States. The company offers a comprehensive range of services through its products such as financial management, project management, and procurement, among others.
Microsoft Corporation is one of the leading information technology companies, founded in 1975 and headquartered in Washington, the United States. Some of its major products and services include Windows, Outlook, Microsoft 365, Office Suite, and Microsoft Teams, among others.
Teradata Corporation, established in 1979, is a software corporation with its headquarters in California, the United States. The company aims to empower its clients with cloud analytics, AI, and machine learning solutions.
Other Japan big data market players include Utec Co., IBM Corporation, Finatext Holdings Ltd., Dell Inc., and QBurst, among others.
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:
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Breakup by System Software |
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Breakup by Hardware |
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Breakup by Services |
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Breakup by End-Use |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the market reached an approximate value of USD 11.02 billion.
The market is projected to grow at a CAGR of 9.8% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032, reaching a value of around USD 25.56 billion by 2028.
The major market drivers are increased penetration of the internet, surge in data generation, and rapid digital transformation of businesses.
The key trends of the market include increased adoption of data analytics by businesses, data governance initiatives such as Japan’s Act on the Protection of Personal Information (APPI), the advent of advanced technologies, and big data usage in smart cities of Japan.
The major system software are big data analytics, NoSQL and SQL, and Hadoop distribution tools and solutions.
Various services are consulting services, deployment and integration, and outsourcing and training, among others.
The key players in the market are Utec Co., Oracle Corporation, Microsoft Corporation, Teradata Corporation, IBM Corporation, Finatext Holdings Ltd., Dell Inc., and QBurst, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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