DUBLIN--(BUSINESS WIRE)--The "Global Supply chain big data analytics Market - Growth, Trends And Forecasts (2016 - 2021)" report has been added to Research and Markets' offering.
The big data analytics market is set to grow at a phenomenal CAGR of 45% in the period of 2014-2020. The market is expected to grow from $17 billion to more than $110 billion in the same time period.
Big data basically means lots of data. It refers to the huge data sets that are produced which cannot be processed by one computer alone. Often the data sets runs into gigabytes or terabytes. When we apply logic, statistics and math to the data, we can come up with a conclusion from the data collected. The data being collected from various fields is being increasingly used by companies to improve various aspects of how their company functions. Supply chain of a company is one of the most important parts of a company.
Generally, when a company gets accustomed to one type of supply chain which it has been using for some years, it is hard for it to change. This may have been the case in earlier times when big data was not being used by the other companies, but now every vendor must have a flexible supply chain which keeps changing according to the demands of the consumers and the suppliers. Many companies who have tried to remain rigid on their model of supply chain have earned heavy losses. These companies have either changed their model or closed down or acquired by another company. This huge market is growing because of the increased usage by lot of companies.
- Adobe Systems Inc.
- Google Inc.
- Cloudera Inc.
- SAP SE
- Tata Consultancy Services
- Intel Corp.
- Hewlett-Packard Company
- Cisco Systems Inc.
Key Topics Covered:
2. Executive Summary
3. Market Overview
4. Drivers, Constraints and Opportunities
5. Technology Snapshot
6. Global Supply chain Big data Analytics Market, by Region
8. Company Profiles
9. Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/4z8dc5/global_supply