Big Data Market Analysts say Software Revenue to Exceed Hardware Investments Over $7 Billion by 2020

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PUNE, India, November 10, 2016 /PRNewswire/ --

Despite challenges relating to privacy concerns and organizational resistance, Big Data market investments continue to gain momentum throughout the globe. In 2016, Big Data market vendors will pocket over $46 Billion from hardware, software and professional services revenues. Big Data investments are further expected to grow at a CAGR of 12% over the next four years, eventually accounting for over $72 Billion by the end of 2020.

Complete report The Big Data Market: 2016 - 2030 - Opportunities, Challenges, Strategies, Industry Verticals and Forecasts spreads across 390 pages, analysing key vendors and 86 data tables and figures is available at http://www.marketreportshub.com/big-data-market-research-2016-2030-sns-telecom.html.

The market is ripe for acquisitions of pure-play Big Data startups, as competition heats up between IT incumbents. Nearly every large scale IT vendor maintains a Big Data portfolio. At present, the market is largely dominated by hardware sales and professional services in terms of revenue. Going forward, software vendors, particularly those in the Big Data analytics segment, are expected to significantly increase their stake in the Big Data market. By the end of 2020, research expects Big Data software revenue to exceed hardware investments by over $7 Billion.

The report includes 22 chapters; the first chapter mainly introduced the product basic information that includes Executive Summary, Topics Covered, Historical Revenue & Forecast Segmentation, Key Questions Answered, Key Findings, Methodology, Target Audience and Companies & Organizations Mentioned.

The second chapter is an Overview of Big Data that includes What is Big Data?, Key Approaches to Big Data Processing , Key Characteristics of Big Data, Market Growth Drivers and Market Barriers . The third chapter based on What are Big Data Analytics?, The Importance of Analytics, Reactive vs. Proactive Analytics, Customer vs. Operational Analytics and Technology & Implementation Approaches: Grid Computing, In-Database Processing, In-Memory Analytics, Machine Learning & Data Mining, Predictive Analytics, NLP (Natural Language Processing), Text Analytics, Visual Analytics and Social Media, IT & Telco Network Analytics. Order a Copy of Report at http://www.marketreportshub.com/purchase?rpid=3965.

The 4^th to 17^th Chapters is based on Big Data Automotive, Aerospace & Transportation, Banking & Securities, Defense & Intelligence, Education, Healthcare & Pharmaceutical, Smart Cities & Intelligent Buildings, Insurance, Manufacturing & Natural Resources, Web, Media & Entertainment, Public Safety & Homeland Security, Public Services, Retail, Wholesale & Hospitality, Telecommunications, Utilities & Energy and Others.

The 18^th Chapter is based on Big Data Industry Roadmap & Value Chain. 19^th Chapter is on Standardization & Regulatory Initiatives. 20^th Chapter is based on Market Analysis & Forecasts, 21^st on Vendor Landscape and 22 Chapter is a Conclusion & Strategic Recommendations

The report comes with an associated Excel datasheet suite covering quantitative data from all numeric forecasts presented in the report.

List of Companies Mentioned are 1010data, Accel Partners, Adobe, Alameda County Social Services Agency, AlchemyDB, Aldeasa, AnalyticsIQ, Antic Entertainment, Antivia, AOL, Apple, AppNexus, Arcplan, Ascendas, AT&T, Attivio, Automated Insights, AutoZone, Avvasi, AWS (Amazon Web Services), Axiata Group, Ayasdi, BMC Software, BMW, Board International, Boeing, Booz Allen Hamilton, Box, ClearStory Data, Cloudera, Coca-Cola, Comptel, Concur, Concurrent, Constant Contact, Dimensional Insight, Dollar General, Renault, ReNet Tecnologia, Rentrak, Revolution Analytics, RiteAid, RJMetrics, Robi Axiata, Roche, Royal Dutch Shell, Royal Navy, RSA Group, Sabre, Sailthru, Sain Engineering, Salesforce.com, Salient Management Company, Samsung, Simba Technologies, SiSense, Skyscanner, SmugMug, Snapdeal, Software AG, Sojo Studios, SolveDirect, Sony Corporation, Southern States Cooperative, SpagoBI Labs, Splice Machine, Zoomdata, Zucchetti, Zurich Insurance Group, Zynga and more.

Explore other new reports I.T. & Telecommunication Market at http://www.marketreportshub.com/categories/i-t-telecommunication.

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