DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/v72ttm/global_big_data) has announced the addition of the "Global Big Data Market 2015-2020" report to their offering.
The report estimates that Global Big Data market will grow at a CAGR of 36.67% by 2020.
This growth is mainly due to increasing penetration of big data in various sectors, an increase in analytics services and availability of affordable big data solution and services to end users.
Organizations worldwide are turning their attention to Big Data as a useful means to derive insights from the huge amount of data generated from various sources. Technologies such as NoSQL databases and MapReduce/Hadoop frameworks are at the core of the solutions heralding a paradigm shift.
This research found that high investment costs, lack of awareness and novelty have been the main threats for new entrants in the Big Data space. There are a few major players who control the entire value chain. However, many smaller players have mushroomed who provide consulting in the Analytics space. This research also found that most organizations misunderstand Big Data and it is important to educate the end users through face to face interactions.
The main growth driver for the Big Data industry is the sheer volume of data that is being generated across various industries due to changing business environment.
The growth inhibitors for the Big Data industry have been the slowdown in the global economy, a decrease in investment in Research & Development, lack of quality resourcing and unemployment.
Key Topics Covered:
1. Executive Summary
2. Global Big Data Market - Overview
3. Need for Big Data
4. Market Segments & Forecast for Global Big Data Market
5. Growth Drivers and Inhibitors for Global Big Data Market
6. Big Data Industry Value Chain
7. Profile of Key Players in Global Big Data Market
8. Competitive Landscape
9. Case studies
10. Analysis Models
11. Strategic Recommendations
- TEG Analytics
- Heckyl Technologies
- KloudData Inc.
- VIS Networks Pvt. Ltd.
For more information visit http://www.researchandmarkets.com/research/v72ttm/global_big_data