LONDON--(BUSINESS WIRE)--According to the latest market study released by Technavio, the global big data infrastructure market is projected to grow at a striking CAGR of more than 33% during the forecast period to reach USD 26.95 billion by 2020.
This research report titled ‘Global Big Data Infrastructure Market 2016-2020’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes up to date analysis and forecasts for various market segments and all geographical regions.
Request sample report: http://goo.gl/sDQxoc
The report categorizes the global big data infrastructure market into three major product segments. They are:
Global big data infrastructure market in storage segment
Technavio predicts the global big data infrastructure market in the storage segment to grow from USD 3.99 billion in 2015 and reach USD 17.6 billion by 2020.
Storage used for big data requires a huge amount of data handling capacity. It also requires high input/output operations per second, which is a unit of measurement used for the number of reads and writes to storage locations, which are non-contiguous. The major types of storage used in big data are network-attached storage and clustered network-attached storage. Both are mainly used for storing large amount of unstructured data.
“Introduction of object storage is a new trend, which is expected to drive the global storage market over the next four years. It is an architecture that considers data as objects and block storage, instead of file hierarchy. Block storage treats data as blocks within the sectors. Systems such as NetApp storage grid write data as a file and read it as an object,” says Amrita Choudhury, a lead analyst at Technavio for automatic identification system.
Global big data infrastructure market in servers segment
The global big data infrastructure market in the servers segment is expected to reach USD 6.6 billion by 2020, growing at a CAGR of 28.73%.
Increased investment in big data implementation is a major growth driver in this market. Companies focus on increasing the performance of their current IT systems to keep in pace with the competition in the market. Also, the realization that data is a core component in determining a company’s market value is driving the adoption of big data by many countries. Commodity servers with direct attached storage are the most commonly used servers in big data. “The servers possess features such as high compute intensity, better virtualization capabilities, modular design, scaling capacity, highly efficient memory, and processor power utilization, which make it an inevitable part of big data structure,” elaborates Amrita.
Global big data infrastructure market in networking segment
The global big data infrastructure market in the networking segment is expected to reach USD 2.75 billion by 2020, growing at a CAGR of 36.49%.
Networking includes the connection between servers and storage. It has various connectivity options, such as wires and cables as well as routers and power controlling devices like LAN access switches, LAN compact switches, data center switches, and Ethernet access switches. One of the major drivers in this field is the increasing requirement of highly efficient cables and other networking solutions, which transfer power with lesser dissipation.
Browse Related Reports:
- Global Big Data IT Spending in Financial Sector- Market Research 2015-2019
- Global Big Data Professional Services Market 2015-2019
- Global Big Data Enabled Market 2015-2019
Purchase these three reports for the price of one by becoming a Technavio subscriber. Subscribing to Technavio’s reports allows you to download any three reports per month for the price of one. Contact email@example.com with your requirements and a link to our subscription platform.
Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
If you are interested in more information, please contact our media team at firstname.lastname@example.org.