Big Data Technology and Services Market
Big Data Technology and Services Market Analysis by Servers, Storage, Networking, Software, and Services from 2023 to 2033
Analysis of Big Data Technology and Services Market Covering 30+ Countries including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Big Data Technology and Services Market Outlook (2023 to 2033)
The global big data technology and services market is estimated to propel at a CAGR of 18% from 2023 to 2033. The market is valued at US$ 40 billion in 2023 and is thus expected to jump to a valuation of US$ 210 billion by 2033-end.
- Use of big data software by various businesses is surging to facilitate better and faster decision-making.
- The software also assists in extracting important information from a wide range of data sets, such as hidden patterns, unidentified connections, market trends, consumer preferences, and others.
Big data is the term used to describe a large, rapidly growing collection of data. It refers to the enormous volume of data that is challenging to store, examine, and convert using traditional management systems. The term big data technology refers to the software that is employed and includes data mining, data storage, data sharing, and data visualization.
As big data technology has grown in popularity, it has become increasingly important for businesses all over the world to handle and analyze huge amounts of data quickly and affordably. Rising big data analytics use across businesses is one of the new trends. The application of big data analytics in healthcare
- New developments are contributing towards redefining strategies and progress in the fast-moving business environment.
To maintain a progressive pattern, leading business organizations are incorporating advanced technologies such as robotic process automation, artificial intelligence, big data, and cognitive computing. Key organizations are accommodating the leading technological solutions in their integral data and analysis processes to solve complex business challenges and regain the trust of their clients.
Big data technologies are usually applied in product creation, predictive maintenance, user experience improvement, operational efficiency improvement, fraud and compliance, and innovation. Businesses create predictive models for novel products and services by classifying the key traits of previous and current offerings and modeling the relationship between those traits and the offerings' commercial performance.
Leading companies also make use of data and analytics from focus groups, social media, test markets, and early store rollouts to design, produce, and promote new items. It is anticipated that these applications will propel market growth over the coming years.
- Big data technologies that have progressed are referred to as analytical big data technologies; these are more complex than operational big data.
They entail the analysis of vast amounts of data that are essential for making business decisions. Examples include weather forecasting, time series analysis, stock marketing, and the examination of medical and health records.
Report Attributes | Details |
---|---|
Big Data Technology and Services Market Size (2023) | US$ 40 Billion |
Projected Market Value (2033) | US$ 210 Billion |
Global Market Growth Rate (2023 to 2033) | 18% CAGR |
Market Share of Big Data Software | 50% |
Key Companies Profiled | Teradata; Microsoft Corporation; SAP SE; Cisco Corporation; HP Inc.; SAS Institute; Oracle Corporation; Amazon Web Services |
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Why are Big Data Technology and Services Gaining Immense Prominence?
“Increasing Adoption of Big Data Technology and Services by Business Organizations”
Business organizations are constantly looking for solutions for managing the vast amount of data that increases business value. Incorporating leading technological solutions such as big data technology and services enables business organizations to identify vulnerable and sensitive data, which further helps in disclosing data patterns and correlations for a better decision-making process.
- As advanced technological solutions allow events forecasting and real-time monitoring to arise, leading business organizations are looking to capitalize on these opportunities to leverage a competitive advantage over the other market players.
As formulating effective strategies for business development has continued to remain a major challenge, leading organizations are incorporating advanced technological solutions to outline improved decision-making processes.
“Growing Popularity of Big Data Analytical Solutions”
- The popularity of big data analytical solutions is growing as a result of their ability to collect and analyze vast amounts of data, which are a daily challenge for many businesses and governments.
The use of big data analytics in healthcare necessitates the use of numerous extensive and intricate heterogeneous datasets, including electronic health records and biological data. This enables businesses to strengthen and update their IT infrastructure, which will increase the prospects for big data technology and services market growth throughout the projection period.
“Rapid Implementation of Machine Learning, Artificial Intelligence, and Data Analytics”
- The landscape of big data technology is evolving due to the increasing usage of technologies such as machine learning, artificial intelligence, and data analytics.
Organizations can improve their visualization capabilities, make complex data comprehensible, and make information more accessible through visual representation by integrating such technologies with big data.
Business intelligence systems are used by ML tools to analyze both structured and unstructured data. End users can evaluate the data and get insights about the prize, sales, and quantity to reach the target customers using ML and data analytics combined with big data technology. End users can utilize this to manage the supply chain and transportation systems more effectively.
An AI solution gives businesses access to real-time data that help them increase network security, speed up their digital operations, and improve customer experience. Big data platforms and AI are used to improve customer experience, decision-making speed, and corporate processes. The market is expected to increase as a result of the rising usage of these technologies.
What is Hampering Global Demand for Big Data Technology and Services?
“Growing Worries about Information Security & Privacy”
Unstructured data accumulation from abundant sources in the supply chain management operations can obstruct the decision-making process. The implementation of big data technology leads to modifying the entire approach and analysis patterns. Modification in the entire approach further leads to additional investments and expenses, according to pricing trends.
Moreover, various tools offered for the management and analysis of data are unable to handle real-time analysis. The vast volume of data produced and stored is vulnerable to hacking and alteration by insiders or other parties. The safety of the data that has been stored will be compromised. These factors are expected to hamper market growth during the forecast period.
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Why is North America Dominating the Global Market for Big Data Technology and Services?
“Rising Government Financing for Large-scale Data Projects”
- North America is an attractive market for big data technology and services and accounts for 50% share of the global market.
Market demand is increasing due to the early adoption of advanced technologies and the existence of prominent companies. The rapid integration of e-Commerce platforms, rising government financing for large-scale data projects, and the expansion of 5G networks are driving market growth in the region.
Country-wise Insights
Why is Big Data Technology and Service Demand Increasing in the United States?
“Growing Usage of Big Data Technology and Services in Retail and Healthcare Sectors”
The market in the United States is driven by the high usage of big data technology and services in the retail and healthcare sectors. Financial service firms in the country have been changing their organizational structures to better utilize big data.
Big data services assist enterprises to accomplish real-time marketing. As a result, it is anticipated that greater big data usage would enhance demand for financial services, which will in turn fuel market expansion in the United States throughout the projection period.
Which European Country is Likely to Be a Prominent Marketplace?
“Surging Adoption of Smartphones and Smart Connected Devices by Consumers in Germany”
The market in Germany is anticipated to experience significant development as the administrative sector places a growing emphasis on enhancing operational efficiency through increased big data usage. Market expansion in Germany is accelerated by the surging adoption of smartphones & wearable technology and a rise in the local supply of smart connected devices.
Why is Japan a Prominent Market for Big Data Technology and Service Providers?
“Growing Enterprise Usage of IoT Devices in Japan”
Growing enterprise usage of IoT devices is anticipated to fuel market expansion in Japan. Key businesses are accelerating their adoption of data annotation tools to boost operations and improve consumer experiences. Market growth in Japan is attributed to the enormous volume of data generated by rapid digitalization and the rise in the use of electronic devices & networks among companies.
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Category-wise Insights
Which Category is Forecast to Gain a Leading Market Share?
“Big Data Software Widely Used by Organizations for Effective Massive Data Analytics”
Based on category, the market is divided into servers, storage, networking, software, and services.
- Big data software currently accounts for 50% share of the global market.
A form of software known as big data software is used to gather, store, and analytically process the constantly changing and diverse volume of data produced by people, tools, or machines.
The main goal of the software is to provide effective analytics for massive data that help the organization obtain deep understanding by turning the data into high-quality information relevant to the business environment. The enhancement of administrative services in the education sector, better connectivity through cloud computing, and increasing awareness of the transforming learning system are the main factors driving the demand for big data software.
Which Industry Will Bring in High Revenue Streams?
“Big Data Technology and Services Gaining Ground in BFSI Industry Due to their Affordability and Usability”
Based on industry, the market is classified into BFSI, media & entertainment, education, government, healthcare, manufacturing, retail & consumer goods, automotive & transportation, energy & utilities, and others.
- The adoption of big data technology and services in the BFSI (banking, financial services, and insurance) industry is anticipated to increase during the projection period due to its affordability and usability.
Big data technology and services are being adopted by several financial businesses more widely for risk management, operations and supply chain optimization, and preventative and predictive maintenance. Data catalogs are widely utilized in the BSFI industry to reduce data silos and duplication while also making data discovery easier. Big data usage in the BFSI industry is being driven by the growing need to track customer feedback on services in real time.
Competitive Landscape
Top providers of big data technology and services are concentrating on establishing joint ventures to introduce advanced solutions built on foundational technologies such as AI and others. Leading companies are employing several techniques to strengthen their position in the market, including safety regulations, collaborations, quality control, product standards, and the launch of efficient services.
For instance,
- In January 2020, the Intelligent Planning Software solution from SAS Institute included cloud agility and Artificial Intelligence (AI) capabilities to enhance the user experience. The multi-cloud strategy will assist IT retailers in forecasting consumer demand and enhancing customer satisfaction.
Big Data Technology and Services Industry Research Categorization
-
By Category :
- Servers
- Storage
- Networking
- Software
- Services
-
By Industry :
- BFSI
- Media & Entertainment
- Education
- Government
- Healthcare
- Manufacturing
- Retail & Consumer Goods
- Automotive & Transportation
- Energy & Utilities
- Others
-
By Application :
- External Storage Systems
- Datacenter Networking Infrastructure
- Data Organization & Management
- Analytics & Discovery
- Decision Support and Automation
- Others
-
By Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Content
- 1. Global Economic Outlook
- 2. Global Market - Executive Summary
- 3. Global Market Overview
- 4. Global Market Analysis and Forecast 2018 to 2033
- 4.1. Global Market Size and Forecast By Category, 2018 to 2033
- 4.1.1. Server
- 4.1.2. Storage
- 4.1.3. Networking
- 4.1.4. Software
- 4.1.5. Services
- 4.2. Global Market Size and Forecast By Industry, 2018 to 2033
- 4.2.1. BFSI
- 4.2.2. Media & Entertainment
- 4.2.3. Education
- 4.2.4. Government
- 4.2.5. Healthcare
- 4.2.6. Manufacturing
- 4.2.7. Retail & Consumer Goods
- 4.2.8. Automotive & Transportation
- 4.2.9. Energy & Utilities
- 4.2.10. Other Industries
- 4.3. Global Market Size and Forecast By Application, 2018 to 2033
- 4.3.1. External Storage Systems
- 4.3.2. Datacenter Networking Infrastructure
- 4.3.3. Data Organization & Management
- 4.3.4. Analytics & Discovery
- 4.3.5. Decision Support and Automation
- 4.3.6. Other Applications
- 4.1. Global Market Size and Forecast By Category, 2018 to 2033
- 5. North America Market Size and Forecast, 2018 to 2033
- 6. Latin America Market Size and Forecast, 2018 to 2033
- 7. Europe Market Size and Forecast, 2018 to 2033
- 8. Japan Market Size and Forecast, 2018 to 2033
- 9. APEJ Market Size and Forecast, 2018 to 2033
- 10. MEA Market Size and Forecast, 2018 to 2033
- 11. Global Market Company Share, Competition Landscape and Company Profiles
- 11.1. IBM Corporation
- 11.2. Oracle Corporation
- 11.3. Microsoft Corporation
- 11.4. Hewlett Packard Enterprise
- 11.5. SAP SE
- 11.6. Dell Technologies, Inc.
- 11.7. Cisco Systems, Inc.
- 11.8. Teradata Corporation
- 11.9. Hitachi Limited
- 11.10. Fujitsu Limited
- 12. Research Methodology
- 13. Secondary and Primary Sources
- 14. Assumptions and Acronyms
- 15. Disclaimer
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List Of Table
Table 1: Global Market Value (US$ Mn), 2018 to 2022
Table 2: Global Market Value (US$ Mn), 2023 to 2033
Table 3: Global Market Value (US$ Mn) and Y-o-Y, 2022 to 2033
Table 4: Global Server Segment Value (US$ Mn), By Region 2018 to 2022
Table 5: Global Server Segment Value (US$ Mn), By Region 2023 to 2033
Table 6: Global Server Segment Market Share, By Region 2018 to 2022
Table 7: Global Server Segment Market Share, By Region 2023 to 2033
Table 8: Global Server Segment Y-o-Y, By Region 2022 to 2033
Table 9: Global Storage Segment Value (US$ Mn), By Region 2018 to 2022
Table 10: Global Storage Segment Value (US$ Mn), By Region 2023 to 2033
Table 11: Global Storage Segment Market Share, By Region 2018 to 2022
Table 12: Global Storage Segment Market Share, By Region 2023 to 2033
Table 13: Global Storage Segment Y-o-Y, By Region 2022 to 2033
Table 14: Global Networking Segment Value (US$ Mn), By Region 2018 to 2022
Table 15: Global Networking Segment Value (US$ Mn), By Region 2023 to 2033
Table 16: Global Networking Segment Market Share, By Region 2018 to 2022
Table 17: Global Networking Segment Market Share, By Region 2023 to 2033
Table 18: Global Networking Segment Y-o-Y, By Region 2022 to 2033
Table 19: Global Software Segment Value (US$ Mn), By Region 2018 to 2022
Table 20: Global Software Segment Value (US$ Mn), By Region 2023 to 2033
Table 21: Global Software Segment Market Share, By Region 2018 to 2022
Table 22: Global Software Segment Market Share, By Region 2023 to 2033
Table 23: Global Software Segment Y-o-Y, By Region 2022 to 2033
Table 24: Global Services Segment Value (US$ Mn), By Region 2018 to 2022
Table 25: Global Services Segment Value (US$ Mn), By Region 2023 to 2033
Table 26: Global Services Segment Market Share, By Region 2018 to 2022
Table 27: Global Services Segment Market Share, By Region 2023 to 2033
Table 28: Global Services Segment Y-o-Y, By Region 2022 to 2033
Table 29: Global BFSI Segment Value (US$ Mn), By Region 2018 to 2022
Table 30: Global BFSI Segment Value (US$ Mn), By Region 2023 to 2033
Table 31: Global BFSI Segment Market Share, By Region 2018 to 2022
Table 32: Global BFSI Segment Market Share, By Region 2023 to 2033
Table 33: Global BFSI Segment Y-o-Y, By Region 2022 to 2033
Table 34: Global Media & Entertainment Segment Value (US$ Mn), By Region 2018 to 2022
Table 35: Global Media & Entertainment Segment Value (US$ Mn), By Region 2023 to 2033
Table 36: Global Media & Entertainment Segment Market Share, By Region 2018 to 2022
Table 37: Global Media & Entertainment Segment Market Share, By Region 2023 to 2033
Table 38: Global Media & Entertainment Segment Y-o-Y, By Region 2022 to 2033
Table 39: Global Education Segment Value (US$ Mn), By Region 2018 to 2022
Table 40: Global Education Segment Value (US$ Mn), By Region 2023 to 2033
Table 41: Global Education Segment Market Share, By Region 2018 to 2022
Table 42: Global Education Segment Market Share, By Region 2023 to 2033
Table 43: Global Education Segment Y-o-Y, By Region 2022 to 2033
Table 44: Global Government Segment Value (US$ Mn), By Region 2018 to 2022
Table 45: Global Government Segment Value (US$ Mn), By Region 2023 to 2033
Table 46: Global Government Segment Market Share, By Region 2018 to 2022
Table 47: Global Government Segment Market Share, By Region 2023 to 2033
Table 48: Global Government Segment Y-o-Y, By Region 2022 to 2033
Table 49: Global Healthcare Segment Value (US$ Mn), By Region 2018 to 2022
Table 50: Global Healthcare Segment Value (US$ Mn), By Region 2023 to 2033
Table 51: Global Healthcare Segment Market Share, By Region 2018 to 2022
Table 52: Global Healthcare Segment Market Share, By Region 2023 to 2033
Table 53: Global Healthcare Segment Y-o-Y, By Region 2022 to 2033
Table 54: Global Manufacturing Segment Value (US$ Mn), By Region 2018 to 2022
Table 55: Global Manufacturing Segment Value (US$ Mn), By Region 2023 to 2033
Table 56: Global Manufacturing Segment Market Share, By Region 2018 to 2022
Table 57: Global Manufacturing Segment Market Share, By Region 2023 to 2033
Table 58: Global Manufacturing Segment Y-o-Y, By Region 2022 to 2033
Table 59: Global Retail & Consumer Goods Segment Value (US$ Mn), By Region 2018 to 2022
Table 60: Global Retail & Consumer Goods Segment Value (US$ Mn), By Region 2023 to 2033
Table 61: Global Retail & Consumer Goods Segment Market Share, By Region 2018 to 2022
Table 62: Global Retail & Consumer Goods Segment Market Share, By Region 2023 to 2033
Table 63: Global Retail & Consumer Goods Segment Y-o-Y, By Region 2022 to 2033
Table 64: Global Automotive & Transportation Segment Value (US$ Mn), By Region 2018 to 2022
Table 65: Global Automotive & Transportation Segment Value (US$ Mn), By Region 2023 to 2033
Table 66: Global Automotive & Transportation Segment Market Share, By Region 2018 to 2022
Table 67: Global Automotive & Transportation Segment Market Share, By Region 2023 to 2033
Table 68: Global Automotive & Transportation Segment Y-o-Y, By Region 2022 to 2033
Table 69: Global Energy & Utilities Segment Value (US$ Mn), By Region 2018 to 2022
Table 70: Global Energy & Utilities Segment Value (US$ Mn), By Region 2023 to 2033
Table 71: Global Energy & Utilities Segment Market Share, By Region 2018 to 2022
Table 72: Global Energy & Utilities Segment Market Share, By Region 2023 to 2033
Table 73: Global Energy & Utilities Segment Y-o-Y, By Region 2022 to 2033
Table 74: Global Other Industries Segment Value (US$ Mn), By Region 2018 to 2022
Table 75: Global Other Industries Segment Value (US$ Mn), By Region 2023 to 2033
Table 76: Global Other Industries Segment Market Share, By Region 2018 to 2022
Table 77: Global Other Industries Segment Market Share, By Region 2023 to 2033
Table 78: Global Other Industries Segment Y-o-Y, By Region 2022 to 2033
Table 79: Global External Storage Systems Segment Value (US$ Mn), By Region 2018 to 2022
Table 80: Global External Storage Systems Segment Value (US$ Mn), By Region 2023 to 2033
Table 81: Global External Storage Systems Segment Market Share, By Region 2018 to 2022
Table 82: Global External Storage Systems Segment Market Share, By Region 2023 to 2033
Table 83: Global External Storage Systems Segment Y-o-Y, By Region 2022 to 2033
Table 84: Global Datacenter Networking Infrastructure Segment Value (US$ Mn), By Region 2018 to 2022
Table 85: Global Datacenter Networking Infrastructure Segment Value (US$ Mn), By Region 2023 to 2033
Table 86: Global Datacenter Networking Infrastructure Segment Market Share, By Region 2018 to 2022
Table 87: Global Datacenter Networking Infrastructure Segment Market Share, By Region 2023 to 2033
Table 88: Global Datacenter Networking Infrastructure Segment Y-o-Y, By Region 2022 to 2033
Table 89: Global Data Organization & Management Segment Value (US$ Mn), By Region 2018 to 2022
Table 90: Global Data Organization & Management Segment Value (US$ Mn), By Region 2023 to 2033
Table 91: Global Data Organization & Management Segment Market Share, By Region 2018 to 2022
Table 92: Global Data Organization & Management Segment Market Share, By Region 2023 to 2033
Table 93: Global Data Organization & Management Segment Y-o-Y, By Region 2022 to 2033
Table 94: Global Analytics & Discovery Segment Value (US$ Mn), By Region 2018 to 2022
Table 95: Global Analytics & Discovery Segment Value (US$ Mn), By Region 2023 to 2033
Table 96: Global Analytics & Discovery Segment Market Share, By Region 2018 to 2022
Table 97: Global Analytics & Discovery Segment Market Share, By Region 2023 to 2033
Table 98: Global Analytics & Discovery Segment Y-o-Y, By Region 2022 to 2033
Table 99: Global Decision Support and Automation Segment Value (US$ Mn), By Region 2018 to 2022
Table 100: Global Decision Support and Automation Segment Value (US$ Mn), By Region 2023 to 2033
Table 101: Global Decision Support and Automation Segment Market Share, By Region 2018 to 2022
Table 102: Global Decision Support and Automation Segment Market Share, By Region 2023 to 2033
Table 103: Global Decision Support and Automation Segment Y-o-Y, By Region 2022 to 2033
Table 104: Global Other Applications Segment Value (US$ Mn), By Region 2018 to 2022
Table 105: Global Other Applications Segment Value (US$ Mn), By Region 2023 to 2033
Table 106: Global Other Applications Segment Market Share, By Region 2018 to 2022
Table 107: Global Other Applications Segment Market Share, By Region 2023 to 2033
Table 108: Global Other Applications Segment Y-o-Y, By Region 2022 to 2033
Table 109: North America Market Value (US$ Mn), By Country 2018 to 2022
Table 110: North America Market Value (US$ Mn), By Country 2023 to 2033
Table 111: North America Market Value (US$ Mn), By Category 2018 to 2022
Table 112: North America Market Value (US$ Mn), By Category 2023 to 2033
Table 113: North America Market Value (US$ Mn), By Industry 2018 to 2022
Table 114: North America Market Value (US$ Mn), By Industry 2023 to 2033
Table 115: North America Market Value (US$ Mn), By Application 2018 to 2022
Table 116: North America Market Value (US$ Mn), By Application 2023 to 2033
Table 117: Latin America Market Value (US$ Mn), By Country 2018 to 2022
Table 118: Latin America Market Value (US$ Mn), By Country 2023 to 2033
Table 119: Latin America Market Value (US$ Mn), By Category 2018 to 2022
Table 120: Latin America Market Value (US$ Mn), By Category 2023 to 2033
Table 121: Latin America Market Value (US$ Mn), By Industry 2018 to 2022
Table 122: Latin America Market Value (US$ Mn), By Industry 2023 to 2033
Table 123: Latin America Market Value (US$ Mn), By Application 2018 to 2022
Table 124: Latin America Market Value (US$ Mn), By Application 2023 to 2033
Table 125: Europe Market Value (US$ Mn), By Country 2018 to 2022
Table 126: Europe Market Value (US$ Mn), By Country 2023 to 2033
Table 127: Europe Market Value (US$ Mn), By Category 2018 to 2022
Table 128: Europe Market Value (US$ Mn), By Category 2023 to 2033
Table 129: Europe Market Value (US$ Mn), By Industry 2018 to 2022
Table 130: Europe Market Value (US$ Mn), By Industry 2023 to 2033
Table 131: Europe Market Value (US$ Mn), By Application 2018 to 2022
Table 132: Europe Market Value (US$ Mn), By Application 2023 to 2033
Table 133: Japan Market Value (US$ Mn), By Country 2018 to 2022
Table 134: Japan Market Value (US$ Mn), By Country 2023 to 2033
Table 135: Japan Market Value (US$ Mn), By Category 2018 to 2022
Table 136: Japan Market Value (US$ Mn), By Category 2023 to 2033
Table 137: Japan Market Value (US$ Mn), By Industry 2018 to 2022
Table 138: Japan Market Value (US$ Mn), By Industry 2023 to 2033
Table 139: Japan Market Value (US$ Mn), By Application 2018 to 2022
Table 140: Japan Market Value (US$ Mn), By Application 2023 to 2033
Table 141: APEJ Market Value (US$ Mn), By Country 2018 to 2022
Table 142: APEJ Market Value (US$ Mn), By Country 2023 to 2033
Table 143: APEJ Market Value (US$ Mn), By Category 2018 to 2022
Table 144: APEJ Market Value (US$ Mn), By Category 2023 to 2033
Table 145: APEJ Market Value (US$ Mn), By Industry 2018 to 2022
Table 146: APEJ Market Value (US$ Mn), By Industry 2023 to 2033
Table 147: APEJ Market Value (US$ Mn), By Application 2018 to 2022
Table 148: APEJ Market Value (US$ Mn), By Application 2023 to 2033
Table 149: MEA Market Value (US$ Mn), By Country 2018 to 2022
Table 150: MEA Market Value (US$ Mn), By Country 2023 to 2033
Table 151: MEA Market Value (US$ Mn), By Category 2018 to 2022
Table 152: MEA Market Value (US$ Mn), By Category 2023 to 2033
Table 153: MEA Market Value (US$ Mn), By Industry 2018 to 2022
Table 154: MEA Market Value (US$ Mn), By Industry 2023 to 2033
Table 155: MEA Market Value (US$ Mn), By Application 2018 to 2022
Table 156: MEA Market Value (US$ Mn), By Application 2023 to 2033
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List Of Figures
Figure 1: Global Market Value (US$ Mn), 2018 to 2022
Figure 2: Global Market Value (US$ Mn) Forecast, 2023 to 2033
Figure 3: Global Market Value (US$ Mn) and Y-o-Y, 2022 to 2033
Figure 4: Global Server Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 5: Global Server Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 6: Global Server Segment Y-o-Y Growth Rate, By Region, 2022 to 2033
Figure 7: Global Storage Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 8: Global Storage Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 9: Global Storage Segment Y-o-Y Growth Rate, By Region, 2022 to 2033
Figure 10: Global Networking Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 11: Global Networking Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 12: Global Networking Segment Y-o-Y Growth Rate, By Region, 2022 to 2033
Figure 13: Global Software Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 14: Global Software Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 15: Global Software Segment Y-o-Y Growth Rate, By Region, 2022 to 2033
Figure 16: Global Services Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 17: Global Services Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 18: Global Services Segment Y-o-Y Growth Rate, By Region, 2022 to 2033
Figure 19: Global BFSI Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 20: Global BFSI Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 21: Global BFSI Segment Y-o-Y Growth Rate, By Region, 2022 to 2033
Figure 22: Global Media & Entertainment Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 23: Global Media & Entertainment Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 24: Global Media & Entertainment Segment Y-o-Y Growth Rate, By Region, 2022 to 2033
Figure 25: Global Education Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 26: Global Education Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 27: Global Education Segment Y-o-Y Growth Rate, By Region, 2022 to 2033
Figure 28: Global Government Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 29: Global Government Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 30: Global Government Segment Y-o-Y Growth Rate, By Region, 2022 to 2033
Figure 31: Global Healthcare Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 32: Global Healthcare Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 33: Global Healthcare Segment Y-o-Y Growth Rate, By Region, 2022 to 2033
Figure 34: Global Manufacturing Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 35: Global Manufacturing Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 36: Global Manufacturing Segment Y-o-Y Growth Rate, By Region, 2022 to 2033
Figure 37: Global Retail & Consumer Goods Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 38: Global Retail & Consumer Goods Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 39: Global Retail & Consumer Goods Segment Y-o-Y Growth Rate, By Region, 2022 to 2033
Figure 40: Global Automotive & Transportation Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 41: Global Automotive & Transportation Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 42: Global Automotive & Transportation Segment Y-o-Y Growth Rate, By Region, 2022 to 2033
Figure 43: Global Energy & Utilities Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 44: Global Energy & Utilities Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 45: Global Energy & Utilities Segment Y-o-Y Growth Rate, By Region, 2022 to 2033
Figure 46: Global Other Industries Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 47: Global Other Industries Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 48: Global Other Industries Segment Y-o-Y Growth Rate, By Region, 2022 to 2033
Figure 49: Global External Storage Systems Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 50: Global External Storage Systems Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 51: Global External Storage Systems Segment Y-o-Y Growth Rate, By Region, 2022 to 2033
Figure 52: Global Datacenter Networking Infrastructure Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 53: Global Datacenter Networking Infrastructure Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 54: Global Datacenter Networking Infrastructure Segment Y-o-Y Growth Rate, By Region, 2022 to 2033
Figure 55: Global Data Organization & Management Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 56: Global Data Organization & Management Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 57: Global Data Organization & Management Segment Y-o-Y Growth Rate, By Region, 2022 to 2033
Figure 58: Global Analytics & Discovery Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 59: Global Analytics & Discovery Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 60: Global Analytics & Discovery Segment Y-o-Y Growth Rate, By Region, 2022 to 2033
Figure 61: Global Decision Support and Automation Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 62: Global Decision Support and Automation Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 63: Global Decision Support and Automation Segment Y-o-Y Growth Rate, By Region, 2022 to 2033
Figure 64: Global Other Applications Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 65: Global Other Applications Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 66: Global Other Applications Segment Y-o-Y Growth Rate, By Region, 2022 to 2033
Figure 67: North America Market Value (US$ Mn), By Country 2018 to 2022
Figure 68: North America Market Value (US$ Mn), By Country 2023 to 2033
Figure 69: North America Market Value (US$ Mn), By Category 2018 to 2022
Figure 70: North America Market Value (US$ Mn), By Category 2023 to 2033
Figure 71: North America Market Value (US$ Mn), By Industry 2018 to 2022
Figure 72: North America Market Value (US$ Mn), By Industry 2023 to 2033
Figure 73: North America Market Value (US$ Mn), By Application 2018 to 2022
Figure 74: North America Market Value (US$ Mn), By Application 2023 to 2033
Figure 75: Latin America Market Value (US$ Mn), By Country 2018 to 2022
Figure 76: Latin America Market Value (US$ Mn), By Country 2023 to 2033
Figure 77: Latin America Market Value (US$ Mn), By Category 2018 to 2022
Figure 78: Latin America Market Value (US$ Mn), By Category 2023 to 2033
Figure 79: Latin America Market Value (US$ Mn), By Industry 2018 to 2022
Figure 80: Latin America Market Value (US$ Mn), By Industry 2023 to 2033
Figure 81: Latin America Market Value (US$ Mn), By Application 2018 to 2022
Figure 82: Latin America Market Value (US$ Mn), By Application 2023 to 2033
Figure 83: Europe Market Value (US$ Mn), By Country 2018 to 2022
Figure 84: Europe Market Value (US$ Mn), By Country 2023 to 2033
Figure 85: Europe Market Value (US$ Mn), By Category 2018 to 2022
Figure 86: Europe Market Value (US$ Mn), By Category 2023 to 2033
Figure 87: Europe Market Value (US$ Mn), By Industry 2018 to 2022
Figure 88: Europe Market Value (US$ Mn), By Industry 2023 to 2033
Figure 89: Europe Market Value (US$ Mn), By Application 2018 to 2022
Figure 90: Europe Market Value (US$ Mn), By Application 2023 to 2033
Figure 91: Japan Market Value (US$ Mn), By Country 2018 to 2022
Figure 92: Japan Market Value (US$ Mn), By Country 2023 to 2033
Figure 93: Japan Market Value (US$ Mn), By Category 2018 to 2022
Figure 94: Japan Market Value (US$ Mn), By Category 2023 to 2033
Figure 95: Japan Market Value (US$ Mn), By Application 2018 to 2022
Figure 96: Japan Market Value (US$ Mn), By Industry 2023 to 2033
Figure 97: Japan Market Value (US$ Mn), By Application 2018 to 2022
Figure 98: Japan Market Value (US$ Mn), By Application 2023 to 2033
Figure 99: APEJ Market Value (US$ Mn), By Country 2018 to 2022
Figure 100: APEJ Market Value (US$ Mn), By Country 2023 to 2033
Figure 101: APEJ Market Value (US$ Mn), By Category 2018 to 2022
Figure 102: APEJ Market Value (US$ Mn), By Category 2023 to 2033
Figure 103: APEJ Market Value (US$ Mn), By Industry 2018 to 2022
Figure 104: APEJ Market Value (US$ Mn), By Industry 2023 to 2033
Figure 105: APEJ Market Value (US$ Mn), By Application 2018 to 2022
Figure 106: APEJ Market Value (US$ Mn), By Application 2023 to 2033
Figure 107: MEA Market Value (US$ Mn), By Country 2018 to 2022
Figure 108: MEA Market Value (US$ Mn), By Country 2023 to 2033
Figure 109: MEA Market Value (US$ Mn), By Category 2018 to 2022
Figure 110: MEA Market Value (US$ Mn), By Category 2023 to 2033
Figure 111: MEA Market Value (US$ Mn), By Industry 2018 to 2022
Figure 112: MEA Market Value (US$ Mn), By Industry 2023 to 2033
Figure 113: MEA Market Value (US$ Mn), By Application 2018 to 2022
Figure 114: MEA Market Value (US$ Mn), By Application 2023 to 2033
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- FAQs -
What is the current size of the big data technology and services market?
The global big data technology and services market is valued at US$ 40 billion in 2023.
Which is the most dominant regional market for big data technology and services?
North America accounts for 50% share of the global market at present.
What is boosting the demand for big data technology and services?
Increasing Internet penetration and presence of several large-scale big-data technology companies are driving market growth.
What is the growth rate of the global market for big data technology and services?
The big data technology and services market is forecasted to surge ahead at a CAGR of 18% through 2033.
What is the estimated value of the market for big data technology and services for 2033?
Demand for big data technology and services is predicted to reach a market valuation of US$ 210 billion by 2033.