Big Data Analytics Market Research Report – Global Forecast up to 2027

Global Big Data Analytics Market, By Component (Software & Hardware), By Solution (Fraud Detection, Risk Management, Customer Analytics & Content Analytics) By End – User (Banking, Discrete manufacturing, Process Manufacturing, Government, telecom, Insurance, Transportation and Utilities)

ID: MRFR/ICT/3088-HCR | February 2021 | Region: Global | 100 pages

Market Synopsis of Big Data Analytics Market:


The big data analytics market holds some of the major players like IBM Corporation (U.S.), Teradata Corporation (U.S.), VMware, Inc (U.S.), Tableau Software (U.S.), SAP SE (Germany), Oracle Corporation (U.S.), Pentaho (U.S.) Microsoft Corporation (U.S.), Google Inc (U.S.), Hewlett Packard Enterprise (U.S), Datameer (U.S.). The market for big data analytics is growing at a significant rate and includes many new entrants in the big data analytics market majorly in Customer analytics and content analytics solutions due to higher demand of e - commerce.


Big data is generally termed as large and varied sets of data and examining the data for identifying customer trends and preferences, data patterns, relations for the companies to take better business decisions. Companies use advances analytics techniques for large, and diversified data sets, allowing the researchers, analysts and business owners to make decisions based on the data that was previously inaccessible. Big data comprises of software and hardware components and the data set ranges from Megabytes to Terabytes. A many number of companies are investing in the big data analytics, which has led banking and manufacturing industry to invest more in big data analytics majorly due to security and compliance issues. Many other industries other than banking and manufacturing are more inclined towards finding the customer experience information to better use the data for customer retention and customer delight.


The big data analytics market is segmented on the basis of components, solutions, end users and regions. On the basis of components, the segmentation is further divided into software and hardware which is further divided under reporting and analytics and data warehouse management system on the basis of software component. In this segments, software components lead the market share however the hardware by the component follows the segment with a nominal growth.


On the basis of solutions, the segment is divided under fraud detection, risk management, customer analytics, and content analytics. Most of the telecommunication industry and media industry are intended towards customer analytics and content analytics solutions for customer experience for new customer acquisition, retention and loyalty. The customer analytics is at the center of telecommunication industry for investments in big data analytics.  


Global Big Data Analytics market, USD Billion


Big Data Analytics market, USD Billion 


On the basis of end users, the segmentation is done on the basis of Banking, discrete manufacturing, process manufacturing, government, telecom, insurance, transportation and utilities. Out of these, Banking, discrete manufacturing, process manufacturing are investing highly in the big data analytics with the focus on risk management, fraud prevention and security and compliance issues. Banking, manufacturing and government will account for approximately 50 % of the spending in the data analytics market.


The market for big data analytics is divided under North America, Asia pacific, Europe and rest of the world under the region. The North America, especially United States is leading and will continue to lead the market for investments in the big data analytics with more than 80% investments from the region. Another reason for the increased market growth in the North American region is due to the concentration of the large big data companies in the U.S. following U.S is the Europe and Asia pacific region in terms of the investments in big data.


The competitive landscape of the big data analytics market is formed by some major players and many of the new entrants. The leaders constantly keep innovating for the new technology and investing in research and development for the cost effective portfolio. The big data analytics market has driven many end users like insurance, banking, media, telecommunication, and government.


The big data analytics market is expected to reach approximately USD 275 billion by the end of 2023 with approximately 12% CAGR during the forecasted period from 2017 – 2023.


Segments


For the purpose of this study, Market Research Future has segmented the market of big data analytics market into type, infrastructure, end - users, and region.


Component



  • Software

  • Hardware


Solution



  • Fraud detection

  • Risk management

  • Customer analytics

  • Content analytics


End – User



  • Banking

  • Discrete manufacturing

  • Process manufacturing

  • Government

  • Telecommunication

  • Insurance

  • Transportation

  • Utilities


Region

  • North America

  • Europe

  • Asia pacific

  • Rest of the world.


Intended Audience



  • Storage chipset providers

  • Network Security providers

  • Banking Institutions

  • Insurance providers

  • Research firms

  • Software investors

  • Software Developers

  • IT enablers

  • Database

  • Cloud service providers

  • Wireless service providers

  • Government agencies

  • Telecommunication companies



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Frequently Asked Questions (FAQ) :


The big data analytics market is segmented on the basis of components, solutions, end users.

The North America, especially United States is leading and will continue to lead the market. due to the concentration of the large big data companies in the U.S.

The competitive landscape of the big data analytics market is formed by some major players and many of the new entrants. The leaders constantly keep innovating for the new technology and investing in research and development for the cost effective portfolio.

The initiatives undertaken by the governments in fast-developing economies for promoting digitalization can favor the big data analytics market in the near future. The accelerated adoption of the technology has encouraged banking and manufacturing industries to catalyze investments in the big data analytics market.

global big data analytics market is set to proliferate at a CAGR of 12% during the forecast period 2017 to 2023. The big data analytics market is estimated to reach a valuation of USD 275 Bn by the end of 2023.

TABLE OF CONTENTS


1 MARKET INTRODUCTION

1.1 INTRODUCTION

1.2 SCOPE OF STUDY

1.2.1 RESEARCH OBJECTIVE

1.2.2 ASSUMPTIONS

1.2.3 LIMITATIONS

1.3 MARKET STRUCTURE


2 RESEARCH METHODOLOGY

2.1 RESEARCH BIG DATA ANALYTICS

2.2 PRIMARY RESEARCH

2.3 SECONDARY RESEARCH

2.4 FORECAST MODEL

2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST

2.4.2 MARKET SIZE ESTIMATION


3 MARKET DYNAMICS

3.1 INTRODUCTION

3.2 MARKET DRIVERS

3.3 MARKET CHALLENGES

3.4 MARKET OPPORTUNITIES

3.5 MARKET RESTRAINTS


4. EXECUTIVE SUMMARY

5. MARKET FACTOR ANALYSIS

5.1 PORTER’S FIVE FORCES ANALYSIS

5.2 SUPPLY CHAIN ANALYSIS

6 BIG DATA ANALYTICS MARKET, BY SEGMENTS

6.1 INTRODUCTION

6.2 MARKET STATISTICS

6.2.1 BY COMPONENT

6.2.1.1 SOFTWARE

6.2.1.2 HARDWARE

6.2.2 BY SOLUTION

6.2.2.1 FRAUD DETECTION

6.2.2.2 RISK MANAGEMENT

6.2.2.3 CUSTOMER ANALYTICS

6.2.2.4 CONTENT ANALYTICS

6.2.3 BY END – USER

6.2.3.1 BANKING

6.2.3.2 DISCRETE MANUFACTURING

6.2.3.3 PROCESS MANUFACTURING

6.2.3.4 GOVERNMENT

6.2.3.5 TELECOMMUNICATION

6.2.3.6 INSURANCE

6.2.3.7 TRANSPORTATION

6.2.3.8 UTILITIES

6.2.4 BY REGION

6.2.4.1 NORTH AMERICA

6.2.4.1.1 US

6.2.4.1.1 CANADA

6.2.4.1.1 MEXICO

6.2.4.2 EUROPE

6.2.4.2.1 UK

6.2.4.2.2 GERMANY

6.2.4.2.3 FRANCE

6.2.4.2.4 ITALY

6.2.4.2.5 REST OF THE EUROPE

6.2.4.3 APAC

6.2.4.3.1 CHINA

6.2.4.3.2 JAPAN

6.3.4.3.3 INDIA

6.3.4.3.4 SOUTH KOREA

6.3.4.3.5 REST OF THE APAC

6.2.4.4 REST OF THE WORLD

7 COMPETITIVE ANALYSIS

7.1 MARKET SHARE ANALYSIS

7.2 COMPANY PROFILES

7.2.1 IBM CORPORATION (U.S.)

7.2.2 TERADATA CORPORATION (U.S.)

7.2.3 VMWARE INC (U.S.)

7.2.4 TABLEAU SOFTWARE (U.S.)

7.2.5 SAP SE (GERMANY)

7.2.6 ORACLE CORPORATION (U.S.)

7.2.7 PENTAHO (U.S.)

7.2.8 MICROSOFT CORPORATION (U.S.)

7.2.9 GOOGLE INC (U.S.)

7.2.10 HEWLETT PACKARD ENTERPRISE (U.S.)

7.2.10 DATAMEER (U.S.)

LIST OF TABLES


TABLE 1 BIG DATA ANALYTICS MARKET, BY COMPONENT

TABLE 2 BIG DATA ANALYTICS MARKET, BY SOLUTION

TABLE 3BIG DATA ANALYTICS MARKET, BY END – USER

TABLE 4 BIG DATA ANALYTICS MARKET, BY REGION

TABLE 5 NORTH AMERICA BIG DATA ANALYTICS MARKET, BY COMPONENT

TABLE 6 NORTH AMERICA BIG DATA ANALYTICS MARKET, BY SOLUTION

TABLE 7 NORTH AMERICA BIG DATA ANALYTICS MARKET, BY END - USER

TABLE 8 U.S. BIG DATA ANALYTICS MARKET, BY COMPONENT

TABLE 9 U.S. BIG DATA ANALYTICS MARKET, BY SOLUTION

TABLE 10 U.S. BIG DATA ANALYTICS MARKET, BY END USER

TABLE 11 CANADA BIG DATA ANALYTICS MARKET, BY COMPONENT

TABLE 12 CANADA BIG DATA ANALYTICS MARKET, BY SOLUTION

TABLE 13 CANADA BIG DATA ANALYTICS MARKET, BY END USER

TABLE 14 EUROPE BIG DATA ANALYTICS MARKET, BY COMPONENT

TABLE 15 EUROPE BIG DATA ANALYTICS MARKET, BY SOLUTION

TABLE 16 EUROPE BIG DATA ANALYTICS MARKET, BY END USER

TABLE 17 UK BIG DATA ANALYTICS MARKET, BY COMPONENT

TABLE 18 UK BIG DATA ANALYTICS MARKET, BY SOLUTION

TABLE 19 UK BIG DATA ANALYTICS MARKET, BY END USER

TABLE 20 GERMANY BIG DATA ANALYTICS MARKET, BY COMPONENT

TABLE 21 GERMANY BIG DATA ANALYTICS MARKET, BY SOLUTION

TABLE 22 GERMANY BIG DATA ANALYTICS MARKET, BY END USER

TABLE 23 FRANCE BIG DATA ANALYTICS MARKET, BY COMPONENT

TABLE 24 FRANCE BIG DATA ANALYTICS MARKET, BY SOLUTION

TABLE 26 FRANCE BIG DATA ANALYTICS MARKET, BY END USER

TABLE 27 ITALY BIG DATA ANALYTICS MARKET, BY COMPONENT

TABLE 28 ITALY BIG DATA ANALYTICS MARKET, BY SOLUTION

TABLE 29 ITALY BIG DATA ANALYTICS MARKET, BY END USER

TABLE 30 REST OF THE EUROPE BIG DATA ANALYTICS MARKET, BY COMPONENT

TABLE 31 REST OF THE EUROPE BIG DATA ANALYTICS MARKET, BY SOLUTION

TABLE 32 REST OF THE EUROPE BIG DATA ANALYTICS MARKET, BY END USER

TABLE 33 ASIA-PACIFIC BIG DATA ANALYTICS MARKET, BY COMPONENT

TABLE 34 ASIA-PACIFIC BIG DATA ANALYTICS MARKET, BY SOLUTION

TABLE 35 ASIA-PACIFIC BIG DATA ANALYTICS MARKET, BY END USER

TABLE 36 CHINA BIG DATA ANALYTICS MARKET, BY COMPONENT

TABLE 37 CHINA BIG DATA ANALYTICS MARKET, BY SOLUTION

TABLE 38 CHINA BIG DATA ANALYTICS MARKET, BY END USER

TABLE 39 JAPAN BIG DATA ANALYTICS MARKET, BY COMPONENT

TABLE 40 JAPAN BIG DATA ANALYTICS MARKET, BY SOLUTION

TABLE 41 JAPAN BIG DATA ANALYTICS MARKET, BY END USER

TABLE 42 INDIA BIG DATA ANALYTICS MARKET, BY COMPONENT

TABLE 43 INDIA BIG DATA ANALYTICS MARKET, BY SOLUTION

TABLE 44 INDIA BIG DATA ANALYTICS MARKET, BY END USER

TABLE 45 SOUTH KOREA BIG DATA ANALYTICS MARKET, BY COMPONENT

TABLE 46 SOUTH KOREA BIG DATA ANALYTICS MARKET, BY SOLUTION

TABLE 47 SOUTH KOREA BIG DATA ANALYTICS MARKET, BY END USER

TABLE 48 REST OF THE APAC BIG DATA ANALYTICS MARKET, BY COMPONENT

TABLE 49 REST OF THE APAC BIG DATA ANALYTICS MARKET, BY SOLUTION

TABLE 50 REST OF THE APAC BIG DATA ANALYTICS MARKET, BY END USER

TABLE 51 REST OF THE WORLD BIG DATA ANALYTICS MARKET, BY COMPONENT

TABLE 52 REST OF THE WORLD BIG DATA ANALYTICS MARKET, BY SOLUTION

TABLE 53 REST OF THE WORLD BIG DATA ANALYTICS MARKET, BY END USER


LIST OF FIGURES


FIGURE 1 RESEARCH METHODOLOGY

FIGURE 2 BIG DATA ANALYTICS MARKET, BY COMPONENT (%)

FIGURE 3 BIG DATA ANALYTICS MARKET, BY SOLUTION (%)

FIGURE 4 BIG DATA ANALYTICS MARKET, BY END USER (%)

FIGURE 5 BIG DATA ANALYTICS MARKET, BY REGION (%)

FIGURE 6 NORTH AMERICA BIG DATA ANALYTICS MARKET, BY COMPONENT (%)

FIGURE 7 NORTH AMERICA BIG DATA ANALYTICS MARKET, BY SOLUTION (%)

FIGURE 8 NORTH AMERICA BIG DATA ANALYTICS MARKET, BY END USER (%)

FIGURE 9 U.S. BIG DATA ANALYTICS MARKET, BY COMPONENT (%)

FIGURE 10 U.S. BIG DATA ANALYTICS MARKET, BY SOLUTION (%)

FIGURE 11 U.S. BIG DATA ANALYTICS MARKET, BY END USER (%)

FIGURE 12 CANADA BIG DATA ANALYTICS MARKET, BY COMPONENT (%)

FIGURE 13 CANADA BIG DATA ANALYTICS MARKET, BY SOLUTION (%)

FIGURE 14 CANADA BIG DATA ANALYTICS MARKET, BY END USER (%)

FIGURE 15 EUROPE BIG DATA ANALYTICS MARKET BY COMPONENT (%)

FIGURE 16 EUROPE BIG DATA ANALYTICS MARKET, BY SOLUTION (%)

FIGURE 17 EUROPE BIG DATA ANALYTICS MARKET, BY END USER (%)

FIGURE 18 UK BIG DATA ANALYTICS MARKET, BY COMPONENT (%)

FIGURE 19 UK BIG DATA ANALYTICS MARKET, BY SOLUTION (%)

FIGURE 20 UK BIG DATA ANALYTICS MARKET, BY END USER (%)

FIGURE 21 GERMANY BIG DATA ANALYTICS MARKET, BY COMPONENT (%)

FIGURE 22 GERMANY BIG DATA ANALYTICS MARKET, BY SOLUTION (%)

FIGURE 23 GERMANY BIG DATA ANALYTICS MARKET, BY END USER (%)

FIGURE 24 FRANCE BIG DATA ANALYTICS MARKET, BY COMPONENT (%)

FIGURE 25 FRANCE BIG DATA ANALYTICS MARKET, BY SOLUTION (%)

FIGURE 26 FRANCE BIG DATA ANALYTICS MARKET, BY END USER (%)

FIGURE 27 ITALY BIG DATA ANALYTICS MARKET, BY COMPONENT (%)

FIGURE 28 ITALY BIG DATA ANALYTICS MARKET, BY SOLUTION (%)

FIGURE 29 ITALY BIG DATA ANALYTICS MARKET, BY END USER (%)

FIGURE 30 REST OF EUROPE BIG DATA ANALYTICS MARKET, BY COMPONENT (%)

FIGURE 31 REST OF EUROPE BIG DATA ANALYTICS MARKET, BY SOLUTION (%)

FIGURE 32 REST OF EUROPE BIG DATA ANALYTICS MARKET, BY END USER (%)

FIGURE 33 ASIA-PACIFIC BIG DATA ANALYTICS MARKET, BY COMPONENT (%)

FIGURE 34 ASIA-PACIFIC BIG DATA ANALYTICS MARKET, BY SOLUTION (%)

FIGURE 35 ASIA-PACIFIC BIG DATA ANALYTICS MARKET, BY END USER (%)

FIGURE 36 CHINA BIG DATA ANALYTICS MARKET, BY COMPONENT (%)

FIGURE 37 CHINA BIG DATA ANALYTICS MARKET, BY SOLUTION (%)

FIGURE 38 CHINA BIG DATA ANALYTICS MARKET, BY END USER (%)

FIGURE 39 JAPAN BIG DATA ANALYTICS MARKET, BY COMPONENT (%)

FIGURE 40 JAPAN BIG DATA ANALYTICS MARKET, BY SOLUTION (%)

FIGURE 41 JAPAN BIG DATA ANALYTICS MARKET, BY END USER (%)

FIGURE 42 INDIA BIG DATA ANALYTICS MARKET, BY COMPONENT (%)

FIGURE 43 INDIA BIG DATA ANALYTICS MARKET, BY SOLUTION (%)

FIGURE 44 INDIA BIG DATA ANALYTICS MARKET, BY END USER (%)

FIGURE 45 SOUTH KOREA BIG DATA ANALYTICS MARKET, BY COMPONENT (%)

FIGURE 46 SOUTH KOREA BIG DATA ANALYTICS MARKET, BY SOLUTION (%)

FIGURE 47 SOUTH KOREA BIG DATA ANALYTICS MARKET, BY END USER (%)

FIGURE 48 REST OF APAC KOREA BIG DATA ANALYTICS MARKET, BY COMPONENT (%)

FIGURE 49 REST OF APAC BIG DATA ANALYTICS MARKET, BY SOLUTION (%)

FIGURE 50 REST OF APAC BIG DATA ANALYTICS MARKET, BY END USER (%)

FIGURE 51 REST OF THE WORLD BIG DATA ANALYTICS MARKET, BY COMPONENT (%)

FIGURE 52 REST OF THE WORLD BIG DATA ANALYTICS MARKET, BY SOLUTION (%)

FIGURE 53 REST OF THE WORLD BIG DATA ANALYTICS MARKET, BY END USER (%)