Global Big Data Analytics Market to 2023: Market is Expected to Grow at a CAGR of 29.7% to $40.6 Billion

News provided by

Dec 05, 2018, 06:00 ET

DUBLIN, Dec. 5, 2018 /PRNewswire/ --

The "Global Big Data Analytics Market - Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The BDA market accounted for $8.5 billion in 2017, and is expected to grow at a Compound Annual Growth Rate (CAGR) of 29.7% to $40.6 billion by 2023.The market is driven by organizations realizing the operational advantages of BDA, improved DDV empowering organizations to better target consumers, increased access to cloud-based models, enterprise-grade security and data governance solutions offered by market vendors, and continued vendor consolidation.

Research Scope

Detailed global market trend analyses, including market drivers, market restraints, technology trends, regional analysis, and competitive analysis
Detailed revenue forecasts for the BDA market, including forecasts for the AA and DDV segments
A competitive landscape of the major participants and their market share analysis
A competitive analysis of major participants: SAS, IBM, Qlik, SAP, Microstrategy, FICO, TIBCO, and Tableau
Geographical Segmentation: The global market has been segmented into North America, Latin America (NALA), Asia-Pacific (APAC), and Europe, the Middle East, and Africa (EMEA).

Research Highlights

The base year of the study is 2017, with forecasts till 2023. The research highlights key trends impacting the BDA market and outlines future implications. These trends include Internet of Things (IoT) adoption and proliferation of data, Big Data fueling Machine Learning (ML) and Artificial Intelligence (AI) growth and data strategy becoming central to C-level business planning.

Research Benefits

Readers who will benefit from this research include advanced analytics vendors, data discovery and visualization vendors, organizations looking to better understand the BDA, vendors across banking, government, retail, telecommunication, health and life sciences, and any company looking to venture into the market.

Key Issues Addressed

Is the market growing? If so, how long will it continue to grow and at what rate?
What are the regional trends in the BDA market, and what are the implications for the global growth strategies of vendors?
Are the products/services offered today meeting customer needs, or is additional development needed?
What are the critical success factors? Who is further along the curve in addressing these issues?
What are the major drivers and restraints in the BDA market?
Which vendors are leading the market and what do vendors need to know to stay ahead of the curve?
What are the key trends and how will they impact the BDA market?
Which market segment is growing faster AA or DDV?

Key Topics Covered:

1. EXECUTIVE SUMMARY

Market Engineering Measurements
CEO's Perspective

2. MARKET OVERVIEW

Digital Media Value Chain
Market Definitions
Market Definitions and Scope
Data Discovery and Visualization
Advanced Analytics
Market Definitions - End-user Verticals
Market Overview - Regions Covered
Regional Definitions
Regional Market Life Cycle Analysis
Regional Market Life Cycle Discussion
Key Questions this Study will Answer

3. EXTERNAL CHALLENGES - DRIVERS AND RESTRAINTS: TOTAL BIG DATA ANALYTICS MARKET

Market Drivers
Drivers Explained
Market Restraints
Restraints Explained

4. FORECASTS - TOTAL BIG DATA ANALYTICS MARKET

Forecast Assumptions
Total Revenue Forecast
Revenue Forecast Discussion
Percent Revenue Forecast by Region
Revenue Forecast by Region
Revenue Forecast by Region Discussion
Percent Revenue Breakdown by Vertical
Percent Revenue Breakdown by Vertical Discussion

5. TRENDS - TOTAL BIG DATA ANALYTICS MARKET

IoT Drives Data Creation and the Need for Data Security
Developing Data Strategies Becomes Central to C-Level Business Planning
Big Data Continues to Fuel Machine Learning and AI Growth

6. MARKET SHARE AND COMPETITIVE ANALYSIS - TOTAL BIG DATA ANALYTICS MARKET

Competitive Analysis - Market Share
Competitive Environment
Competitive Landscape
Competitive Factors and Assessment
Market Leader - SAS
Market Contender - IBM
Market Challengers - TIBCO

7. GROWTH OPPORTUNITIES AND COMPANIES TO ACTION

Growth Opportunity 1 - Acquisition and Partnerships Upstream and Downstream
Growth Opportunity 2 - Lifelong Digital Record
Growth Opportunity 3 - SMB segment
Strategic Imperatives for Success and Growth

8. DDV SEGMENT ANALYSIS

DDV Segment - Market Engineering Measurements
DDV Segment - Revenue Forecast
DDV Segment - Revenue Forecast Discussion
DDV Segment - Revenue Forecast by Region
Revenue Forecast - DDV: NALA
Revenue Forecast - DDV: EMEA
Revenue Forecast - DDV: APAC
Revenue Forecast - Big Data Analytics NALA, EMEA, APAC Discussion
DDV Segment - Market Share
Competitive Factors and Assessment
Competitive Environment

9. AA SEGMENT ANALYSIS

AA Segment - Market Engineering Measurements
AA Segment - Revenue Forecast
AA Segment - Revenue Forecast Discussion
AA Segment - Revenue Forecast by Region
Revenue Forecast - AA Segment: NALA
Revenue Forecast - AA Segment: EMEA
Revenue Forecast - AA Segment: APAC
Revenue Forecast - AA NALA, EMEA, APAC Discussion
AA Segment - Market Share
Competitive Factors and Assessment
Competitive Environment

10. NALA BREAKDOWN

Key Findings
NALA Market Revenue Forecast
NALA - Revenue Forecast Discussion

11. EMEA BREAKDOWN

Key Findings
EMEA Market Revenue Forecast
EMEA - Revenue Forecast Discussion

12. APAC BREAKDOWN

Key Findings
APAC Market Revenue Forecast
APAC - Revenue Forecast Discussion

13. THE LAST WORD

Legal Disclaimer

14. APPENDIX

Companies Mentioned

Adobe
Alteryx
Ayata
Centrifuge Systems
Clear Story Data
Datameer
Dell
FICO
Guavus
HP
Hitachi Ventara
IBM
Infogix
Microstrategy
Palantir
Pivotal
Qlik
RapidMiner
SAP
SAS
SiSense
Splunk
TIBCO
Tableau

For more information about this report visit https://www.researchandmarkets.com/research/mn523h/global_big_data?w=5

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets