The Big Data Market is expected to grow by USD 142.5 bn during 2020-2024, progressing at a CAGR of 13% during the forecast period

Global Big Data Market 2020-2024. The analyst has been monitoring the global big data market and it is poised to grow by USD 142. 5 bn during 2020-2024, progressing at a CAGR of 13% during the forecast period.


New York, Jan. 27, 2020 (GLOBE NEWSWIRE) -- announces the release of the report "Big Data Market by Type and Geography - Forecast and Analysis 2020-2024" -
Our reports on big data market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by Growing Investment in Smart City Initiatives. In addition, adoption of blockchain solutions through big data implementation is anticipated to boost the growth of the big data market as well.

Market Segmentation
The global big data market is segmented as below:
• On-premise
• Cloud-based
• Hybrid

Geographic segmentation
• Europe
• North America
• South America

Key Trends for big data market growth
This study identifies adoption of blockchain solutions through big data implementation as the prime reasons driving the big data market growth during the next few years.
Prominent vendors in big data market
We provide a detailed analysis of around 25 vendors operating in the big data market, including some of the vendors such as Alphabet Inc., Inc., Dell Technologies Inc., Hewlett Packard Enterprise Co., International Business Machines Corp., Microsoft Corp., Oracle Corp., SAP SE, SAS Institute Inc. and Splunk Inc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Read the full report:

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