The data creation and consumption is growing by leaps and bounds. This has resulted in the increasing investment in big data analytics software, services, and hardware. Big data technologies are helping companies to gain useful information from both structured and unstructured data from various sources. The latest trend that is gaining traction in the big data and service market is the growing importance of big data technology in Internet of Things (IoT). With the rise in adoption of IoT by various industries, a large volume of data is being generated. Hence, in order to process large data and gain actionable insights, these industries are moving towards adopting big data services. Moreover, large amount of data is expected to be stored locally, as countries like China and Russia have already passed data localization laws.
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Big Data Technology and Services Market Insights Segmentation
By Region
- North America
- Europe
- East Asia
- South Asia
- Latin America
- Oceani
- Middle East & Africa
By Industry
- BFSI
- Media & Entertainment
- Education
- Government
- Healthcare
- Manufacturing
- Retail & Consumer Goods
- Automotive & Transportation
- Energy & Utilities
- Other Industries
Competition Tracking
Leading market players operating in the global big data technology and services market include
- IBM
- Oracle Corporation
- Microsoft Corporation
- HP
- SAP SE
- Amazon Web services
- Dell Incorporation (EMC)
- Teradata
- Cisco Corporation
- SAS Institute.
