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The global Big Data Services market was valued at US$ 37820 million in 2022 and is projected to reach US$ 96660 million by 2029, at a CAGR of 14.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Big Data originally emerged as a term to describe datasets whose size is beyond the ability of traditional databases to capture, store, manage and analyze. However, the scope of the term has significantly expanded over the years. Big Data not only refers to the data itself but also a set of technologies that capture, store, manage and analyze large and variable collections of data, to solve complex problems.
This report aims to provide a comprehensive presentation of the global market for Big Data Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Big Data Services. This report contains market size and forecasts of Big Data Services in global, including the following market information:
The latest trend gaining momentum in the market is increasing market consolidation. The consolidation in the global big data services market is increasing as many large enterprise computing vendors are acquiring companies to provide new big data technologies. Large vendors are targeting small companies to expand their business portfolios and are acquiring major pure-play big data vendors. One of the major drivers for this market is growing amount of data. The data volumes are exploding, and more data has been created since 2014 than in the entire previous history. It is estimated that by the year 2020, more than 1.5 megabytes (MB) of new information will be generated every second for every person across the world. Enterprise applications are generating large volumes of data and this will keep continuing throughout the forecast period and beyond. Large volumes of data are being generated from many sources such as the Internet, mobile devices, and social media.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Big Data Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Global Big Data Services Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Big Data Services Market Segment Percentages, by Type, 2022 (%)
Global Big Data Services Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Big Data Services Market Segment Percentages, by Application, 2022 (%)
Global Big Data Services Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Big Data Services Market Segment Percentages, By Region and Country, 2022 (%)
The report also provides analysis of leading market participants including:
Outline of Major Chapters:
Chapter 1: Introduces the definition of Big Data Services, market overview.
Chapter 2: Global Big Data Services market size in revenue.
Chapter 3: Detailed analysis of Big Data Services company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Big Data Services in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.