Big Data Market Software Revenue to exceed Hardware Investments by over $7 Billion

From: MarketReportsHub
Published: Sat Aug 20 2016

The "Big Data Market: 2016 2030 Opportunities, Challenges, Strategies, Industry Verticals & Forecasts" report presents an in-depth assessment of the Big Data ecosystem including key market drivers, challenges, investment potential, vertical market opportunities and use cases, future roadmap, value chain, case studies on Big Data analytics, vendor market share and strategies. The report also presents market size forecasts for Big Data hardware, software and professional services from 2016 through to 2030. The forecasts are further segmented for 8 horizontal submarkets, 14 vertical markets, 6 regions and 35 countries.

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In 2016, Big Data 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. 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 provides answers to the key questions like How big is the Big Data ecosystem; How is the ecosystem evolving by segment and region; What will the market size be in 2020 and at what rate will it grow; What trends, challenges and barriers are influencing its growth; Who are the key Big Data software, hardware and services vendors and what are their strategies; How much are vertical enterprises investing in Big Data; What opportunities exist for Big Data analytics; Which countries and verticals will see the highest percentage of Big Data investments.

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Forecast Segmentation
Market forecasts on are provided for each of the following submarkets and their subcategories:
Horizontal Submarkets: Storage & Compute Infrastructure, Networking Infrastructure, Hadoop & Infrastructure Software, SQL, NoSQL, Analytic Platforms & Applications, Cloud Platforms, Professional Services
Vertical Submarkets: 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, Others
Regional Markets: Asia Pacific, Eastern Europe, Latin & Central America, Middle East & Africa, North America, Western Europe
Country Markets: Argentina, Australia, Brazil, Canada, China, Czech Republic, Denmark, Finland, France, Germany, India, Indonesia, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, Norway, Pakistan, Philippines, Poland, Qatar, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Taiwan, Thailand, UAE, UK, USA

List of Companies Mentioned
1010data, Accel Partners, Accenture, Actian Corporation, Actuate Corporation, Adaptive Insights, adMarketplace, Adobe, ADP, Advizor Solutions, AeroSpike, AFS Technologies, Alameda County Social Services Agency, AlchemyDB, Aldeasa, Alpine Data Labs, Alteryx, Altiscale, Altosoft,, Ambulance Victoria, AMD, AnalyticsIQ, Antic Entertainment, Antivia, AOL, Apple, AppNexus, Arcplan, Ascendas, AT&T, Attivio, Automated Insights, AutoZone, Avvasi, AWS (Amazon Web Services), Axiata Group, Ayasdi, BAE Systems, Baidu, Bank of America, Basho, Beeline Kazakhstan and 350 more.

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