DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/cfx5v2/big_data_in) has announced the addition of the "Big Data in Global Financial Services Market: Key Trends, Market Opportunities and Industry Forecast 2015-2020" report to their offering.
Big Data in the Global Financial Services market is expected to grow at a CAGR of 35% representing huge opportunities in this sector. This growth is driven by increasing penetration of big data, an increase in analytics services and availability of affordable big data solutions and services to end users.
Big Data in Financial Services Industry controls the largest market share at 22% in terms of revenue in the Global Big Data market. It is expected to become the second largest industry in terms of its market share position in 2020.
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.
Spanning over 103 pages and 75 exhibits, Big Data in Global Financial Services Market: Key Trends, Market Opportunities and Industry Forecast 2015-2020 report presents an in-depth assessment of the Big Data in Global Financial Services market from 2015 till 2020.
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.
Key Topics Covered:
1. Executive Summary
2. Global Big Data Market - Overview
3. Need for Big Data in Financial Services Sector
4. Forecast for Big Data in Global Financial Services Market 2015-2020
5. Growth Drivers and Inhibitors for Big Data in Global Financial Services Market
6. Big Data Industry Value Chain
7. Profile of Key Players in Global Big Data Market
8. Case Study for Big Data in Financial Services
9. Analysis Models
10. Strategic Recommendations
- TEG Analytics
- Heckyl Technologies
- KloudData Inc.
- VIS Networks Pvt. Ltd.
For more information visit http://www.researchandmarkets.com/research/cfx5v2/big_data_in