Big Data Analytics Market
Global Big Data Analytics Market Size, Share & Trends Analysis Report by Solution (Content Analytics, Customer Analytics, Fraud and Risk detection, and Predictive Maintenance), by Deployment (On-Premises and Cloud-Based), and by End-Users (Aerospace & Defence, Automotive, BFSI, Healthcare, Government, Manufacturers, and Others) Forecast Period (2022-2028) Update Available - Forecast 2024-2030
The global big data analytics market is anticipated to grow at a significant CAGR of 14% during the forecast period. Big data analytics is an examination of large and varied data sets usually known as big data to discover hidden patterns. It is widely used for discovering unknown correlations and some other useful information that can guide organizations to make more informed decisions for improved operational efficiency and better opportunities. Globally, all the major economies have gone through a digital transformation in almost every field. The numerous advantages such as improved performance and profitability have shifted the major applications towards this transformation and evolved a new term big data. This transformation results in a huge amount of data that needs some specialized tools and techniques to handle and process it, which fuels the demand for big data analytics. Additionally, increased usage of IoT devices and rising demand for mobile technologies and their applications are boosting the market growth.
Impact of COVID-19 Pandemic on Global Big Data Analytics Market
The COVID-19 pandemic has disrupted everything from consumer behavior to supply chains, and the economic fallout is causing further changes. The data analytics field faces a complicated problem: how to use past data, and predict future behavior, in the face of uncertainty. The companies improved the networking and security of enterprise cloud deployments. Many organizations dramatically increased their cloud deployments at the beginning of the COVID-19 pandemic to support remote work and digital transformation.
Segmental Outlook
The global big data analytics market is segmented based on the solution, deployment, and end-users. based on the solution, the market is augmented into content analytics, customer analytics, fraud and risk detection, and predictive maintenance. Based on the deployment, the market is bifurcated into the on-premises and cloud-based. Based on the end-users, the market is further sub-segmented into the aerospace & defense, automotive, BFSI, healthcare, government, manufacturers, and others. The above-mentioned segments can be customized as per the requirements. Among the end-users, the IT & telecom segment is expected to attribute the growth in the market due to the growing demand for collaboration tools such as web conferencing and video conferencing. Furthermore, companies in this sector are adopting advanced analytical tools for the prevention of fraud and risk detection such as illegal access, authorization, or cloning.
Global Big Data Analytics Market Share by Deployment, 2021 (%)
The BFSI Segment is Expected to Hold a Considerable Share in the Global Big Data Analytics Market
BFSI segment is expected to have a significant share in the market during the forecast period. The rate by which data is produced in the BFSI is very high. The proper study and analysis of data assist an organization in detecting ongoing illegal activities. The use of big data in BFSI supports banks in several activities, such as detecting misuse of credit or debit cards, venture credit hazard treatment, business clarity, customer statistics alteration, money laundering, risk mitigation, and many more. Various anti-money laundering software is available in the market that uses big data analytics such as SAS AML. This software detects suspicious transactions by going through customer data.
Regional Outlooks
The global big data analytics market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. Among all regions, the North American region is expected to hold a prominent share in the market over the forecast period, the presence of key market players in the US, such as Google LLC and Oracle Corp., is augmenting the growth of the market in the region.
Global Big Data Analytics Market Growth, by Region 2022-2028
The Asia-Pacific Region is Expected to Hold a Significant Share in the Global Big Data Analytics Market
The big data analytics market is rapidly expanding in the Asia-Pacific and witnessing significant growth specifically in the countries including China, India, Thailand, Indonesia, Vietnam, and the Philippines. The growth is exhibited due to the significant increase in the adoption of data analytics in diverse end-users such as healthcare and defense and many more across the region. Moreover, the internet penetration and increasing focus on digital transformation in enterprises and the manufacturing sector are augmenting the growth of the market in Asia-Pacific. For instance, according to India Brand Equity Foundation, as of 2020, the number of internet users in urban areas stood at 323 million, accounting for 67% of India’s urban population and registered a 2x growth as compared to rural areas. Digital adoption in rural areas of the country registered an increase of 13%, recording 299 million internet users in 2020.
Market Players Outlook
The major companies serving the global big data analytics market include Cogito Corp., Couchbase, Inc., Dataiku Inc., Datameer, Inc., Dell Inc., Google LLC, Microsoft Corp., New Relic, Inc., SAS Institute Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, In April 2022, Credo AI, the company behind a comprehensive and contextual governance solution for AI, is introducing its responsible AI Platform, a SaaS product that empowers organizations with tools to standardize and scale their approach to responsible AI. The responsible AI platform helps companies operationalize responsible AI by providing context-driven AI risk and compliance assessment wherever they are in their AI journey.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global big data analytics market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Big Data Analytics Market
• Recovery Scenario of Global Big Data Analytics Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Hewlett Packard Enterprise Development LP
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. IBM Corp.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Oracle Corp.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. SAP SE
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Teradata Corp.
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Key Strategy Analysis
3.7. Impact of COVID-19 on Key Players
4. Market Segmentation
4.1. Global Big Data Analytics Market by Solution
4.1.1. Content Analytics
4.1.2. Customer Analytics
4.1.3. Fraud and Risk detection
4.1.4. Predictive Maintenance
4.2. Global Big Data Analytics Market by Deployment
4.2.1. On-Premises
4.2.2. Cloud-Based
4.3. Global Big Data Analytics Market by End-Users
4.3.1. Aerospace & Defence
4.3.2. Automotive
4.3.3. BFSI
4.3.4. Healthcare
4.3.5. Government
4.3.6. Manufacturing
4.3.7. Others (Transportation and IT & Telecom)
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Alation, Inc.
6.2. Alteryx, Inc.
6.3. Amazon Web Services, Inc.
6.4. BigML, Inc.
6.5. Cloudera, Inc.
6.6. Cogito Corp.
6.7. Couchbase, Inc.
6.8. Dataiku Inc.
6.9. Datameer, Inc.
6.10. Dell Inc.
6.11. Google LLC
6.12. Microsoft Corp.
6.13. New Relic, Inc.
6.14. SAS Institute Inc.
6.15. Sigma Data Systems
6.16. Sisense Ltd.
6.17. Splice Machine, Inc.
6.18. Splunk Inc.
1. GLOBAL BIG DATA ANALYTICS MARKET RESEARCH AND ANALYSIS BY SOLUTION, 2021-2028 ($ MILLION)
2. GLOBAL BIG DATA ANALYTICS FOR CONTENT ANALYTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL BIG DATA ANALYTICS FOR CUSTOMER ANALYTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL BIG DATA ANALYTICS FOR FRAUD & RISK DETECTION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL BIG DATA ANALYTICS FOR PREDICTIVE MAINTENANCE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL BIG DATA ANALYTICS MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2021-2028 ($ MILLION)
7. GLOBAL ON-PREMISES BIG DATA ANALYTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL CLOUD-BASED BIG DATA ANALYTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL BIG DATA ANALYTICS MARKET RESEARCH AND ANALYSIS BY END-USERS, 2021-2028 ($ MILLION)
10. GLOBAL BIG DATA ANALYTICS IN AEROSPACE & DEFENCE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL BIG DATA ANALYTICS IN AUTOMOTIVE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL BIG DATA ANALYTICS IN BFSI MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL BIG DATA ANALYTICS IN HEALTHCARE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL BIG DATA ANALYTICS IN GOVERNMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL BIG DATA ANALYTICS IN MANUFACTURING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL BIG DATA ANALYTICS IN OTHER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. GLOBAL BIG DATA ANALYTICS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
18. NORTH AMERICAN BIG DATA ANALYTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
19. NORTH AMERICAN BIG DATA ANALYTICS MARKET RESEARCH AND ANALYSIS BY SOLUTION, 2021-2028 ($ MILLION)
20. NORTH AMERICAN BIG DATA ANALYTICS MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2021-2028 ($ MILLION)
21. NORTH AMERICAN BIG DATA ANALYTICS MARKET RESEARCH AND ANALYSIS BY END-USERS, 2021-2028 ($ MILLION)
22. EUROPEAN BIG DATA ANALYTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
23. EUROPEAN BIG DATA ANALYTICS MARKET RESEARCH AND ANALYSIS BY SOLUTION, 2021-2028 ($ MILLION)
24. EUROPEAN BIG DATA ANALYTICS MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2021-2028 ($ MILLION)
25. EUROPEAN BIG DATA ANALYTICS MARKET RESEARCH AND ANALYSIS BY END-USERS, 2021-2028 ($ MILLION)
26. ASIA-PACIFIC BIG DATA ANALYTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
27. ASIA-PACIFIC BIG DATA ANALYTICS MARKET RESEARCH AND ANALYSIS BY SOLUTION, 2021-2028 ($ MILLION)
28. ASIA-PACIFIC BIG DATA ANALYTICS MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2021-2028 ($ MILLION)
29. ASIA-PACIFIC BIG DATA ANALYTICS MARKET RESEARCH AND ANALYSIS BY END-USERS, 2021-2028 ($ MILLION)
30. REST OF THE WORLD BIG DATA ANALYTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
31. REST OF THE WORLD BIG DATA ANALYTICS MARKET RESEARCH AND ANALYSIS BY SOLUTION, 2021-2028 ($ MILLION)
32. REST OF THE WORLD BIG DATA ANALYTICS MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2021-2028 ($ MILLION)
33. REST OF THE WORLD BIG DATA ANALYTICS MARKET RESEARCH AND ANALYSIS BY END-USERS, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL BIG DATA ANALYTICS MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL BIG DATA ANALYTICS MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL BIG DATA ANALYTICS MARKET, 2022-2028 (%)
4. GLOBAL BIG DATA ANALYTICS BY MARKET SHARE BY SOLUTION, 2021 VS 2028 (%)
5. GLOBAL BIG DATA ANALYTICS FOR CONTENT ANALYTICS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL BIG DATA ANALYTICS FOR CUSTOMER ANALYTICS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL BIG DATA ANALYTICS FOR FRAUD & RISK DETECTION MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8. GLOBAL BIG DATA ANALYTICS FOR PREDICTIVE MAINTENANCE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL BIG DATA ANALYTICS MARKET SHARE BY DEPLOYMENT, 2021 VS 2028 (%)
10. GLOBAL ON-PREMISES BIG DATA ANALYTICS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11. GLOBAL CLOUD-BASED BIG DATA ANALYTICS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL BIG DATA ANALYTICS MARKET SHARE BY END-USERS, 2021 VS 2028 (%)
13. GLOBAL BIG DATA ANALYTICS IN AEROSPACE & DEFENCE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL BIG DATA ANALYTICS IN AUTOMOTIVE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL BIG DATA ANALYTICS IN BFSI MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16. GLOBAL BIG DATA ANALYTICS IN HEALTHCARE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
17. GLOBAL BIG DATA ANALYTICS IN GOVERNMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
18. GLOBAL BIG DATA ANALYTICS IN MANUFACTURING MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
19. GLOBAL BIG DATA ANALYTICS IN OTHER MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
20. GLOBAL BIG DATA ANALYTICS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
21. US BIG DATA ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)
22. CANADA BIG DATA ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)
23. UK BIG DATA ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)
24. FRANCE BIG DATA ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)
25. GERMANY BIG DATA ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)
26. ITALY BIG DATA ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)
27. SPAIN BIG DATA ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)
28. REST OF EUROPE BIG DATA ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)
29. INDIA BIG DATA ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)
30. CHINA BIG DATA ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)
31. JAPAN BIG DATA ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)
32. SOUTH KOREA BIG DATA ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)
33. REST OF ASIA-PACIFIC BIG DATA ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)
34. REST OF THE WORLD BIG DATA ANALYTICS MARKET SIZE, 2021-2028 ($ MILLION)
