Big Data Services Market Recorded 26.24% Annual Growth Rate | Growing Amount of Data to Drive Market Growth | Technavio

NEW YORK, June 23, 2022 /PRNewswire/ — Big Data Services Market Facts at a Glance-

• Total Pages: 120

• Companies: 10+ – Including Apollo Accenture Plc, Atos SE, Datameer Inc., Deloitte Touche Tohmatsu Ltd., HP Inc., International Business Machines Corp., Microsoft Corp., PricewaterhouseCoopers LLP, SAP SE and Teradata Corp. among others.

• Cover: Main Drivers, Trends and Challenges; Product information and news; Value chain analysis; Parent market analysis; Vendor landscape.

• segments: End user (BFSI, telecom, retail and others), deployment (on-premises, cloud-based and hybrid)

• Geographies: North America, EuropeACPA, South AmericaMEA, North America, EuropeACPA, South Americaand MEA

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According to recent Technavio market research, the big data services market the size is expected to increase by $99.39 billion at a CAGR of 34.52%. The report provides detailed analysis of drivers and opportunities, top winning strategies, competitive scenarios, future market trends, market size and estimates, and major investment pockets.

North America will account for 34% of market growth. The main markets for big data services in North America are the United States and Canada. The market in this region will grow faster than markets in other regions. During the projected period, the increasing volume of data will support the expansion of the big data services market in North America.

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Overview of Suppliers-

The big data services market is fragmented and vendors are deploying growth strategies such as focusing on product delivery through multiple distribution channels to compete in the market.

• Accenture Plc- The company offers big data services for different types of industries such as all communications and media, software and platforms, banking and others.

• Atos SE- The company offers big data services for different types of data sources such as Hadoop, cloud DB, no SQL and others.

• Datameer Inc.- The company offers an analytics lifecycle platform that helps companies access all of their raw data.

• Deloitte Touche Tohmatsu Ltd.- The company offers big data services for different kinds of industries such as financial market transactions, social media chats, radio frequency identification tag signals, etc.

• HP Inc.- The company offers big data services for different types of industries, such as remote and on-site support.

The story continues

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Key market segmentation

The rise in the market share of the BFSI segment in big data services would be strong. Big data services are chosen in the BFSI sector to create the appropriate trading, fund management and risk management models. Big data analytics helps banks produce valuable insights that improve performance as big data grows in volume, diversity, and complexity. The contribution of each category to the expansion of the big data services market size is accurately predicted in this analysis.

Get the latest sample report for more key highlights on the regional market share of most of the countries mentioned above.

Latest drivers and trends driving the market-

One of the major factors fueling the expansion of the big data services market is the growing volume of data. The expansion of the global big data services industry will be fueled by big data in blockchain technology. However, one of the biggest impediments to the growth of the global big data services market is meeting the varied needs of customers.

Find additional information on various other market drivers and trends mentioned in our last sample report.

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Contents

1. Summary

2 Market landscape

3 Market sizing

4 Five forces analysis

5 Market Segmentation by End User

6 Customer Landscape

7 Geographic landscape

8 drivers, challenges and trends

9 Supplier landscape

10 Vendor Analysis

11 Appendix

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