Global Big Data Infrastructure Market 2024-2028
The big data infrastructure market is forecasted to grow by USD 1125.1 mn during 2023-2028, accelerating at a CAGR of 5.72% during the forecast period. The report on the big data infrastructure market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing data generation, increasing demand for data-driven decision-making across organizations, and rapid expansion in deployment of big data infrastructure by small- and medium-sized businesses.
Technavio's big data infrastructure market is segmented as below:
- By Type
- Storage
- Server
- Networking
- By End-user
- BFSI
- Government and defense
- Healthcare and lifesciences
- IT and telecom
- Others
- By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the increasing use of data analytics in various sectors as one of the prime reasons driving the big data infrastructure market growth during the next few years. Also, proliferation of data from new sources, including iot and emergence of cloud-based big data infrastructure and services will lead to sizable demand in the market.
The report on the big data infrastructure market covers the following areas:
- Big data infrastructure market sizing
- Big data infrastructure market forecast
- Big data infrastructure market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading big data infrastructure market vendors that include Accenture Plc, Alphabet Inc., Amazon.com Inc., Ataccama Corp., Broadcom Inc., Cisco Systems Inc., Cogito Tech LLC, Datameer Inc., Dell Technologies Inc., Hewlett Packard Enterprise Co, Hitachi Ltd., International Business Machines Corp., Microsoft Corp., NetApp Inc., Oracle Corp., Salesforce Inc., SAP SE, SAS Institute Inc., SingleStore Inc., and Teradata Corp.. Also, the big data infrastructure market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.