DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/wzjz4t/asia_pacific_big) has announced the addition of the "Asia Pacific Big Data Market 2015 - 2020" report to their offering.
The Asia Pacific Big Data market is expected to grow at a CAGR of 43% representing huge opportunities in this sector. This growth is driven by increasing penetration of big data, increase in analytics services and availability of affordable big data solutions and services to end users.
The Asia Pacific Big Data market controls the third largest market share at 14.50% in terms of revenue in the Global Big Data market. It is expected to maintain its market position even in 2020. India, South Korea, Japan, China and Australia are key countries in Asia Pacific's Big Data market.
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 report has detailed company profiles including their position in the big data market value chain, financial performance analysis, product- and service-wise business strategy, SWOT analysis and key customer details for 12 key players in the global market, namely TEG Analytics, Heckyl Technologies, KloudData Inc., Gramener, Germin8, VIS Networks Pvt. Ltd., Abzooba, Fintellix, Latentview, Indix, Analytic-Edge and Tookitaki.
Key Topics Covered:
1. Executive Summary
2. Global Big Data Market - Overview
3. Need for Big Data
4. Forecast for Asia Pacific Big Data Market 2015-2020
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. Analysis Models
9. Strategic Recommendations
For more information visit http://www.researchandmarkets.com/research/wzjz4t/asia_pacific_big