The global big data market size was valued at USD 25.67 billion in 2015 and is expected to witness significant growth over the forecast period. The elevating number of virtual online offices coupled with increasing popularity of social media producing an enormous amount of data is a major factor driving growth. Increased internet penetration owing to the several advantages including unlimited communication, abundant information and resources, easy sharing, and online services generates huge chunks of data in everyday life, which is also anticipated to propel demand over the coming years.
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Big Data Market Segmentations
By component
• Solutions
• Services
By deployment mode
• Cloud
• On-Premises
By organization size
• Large Enterprises
• Small and Medium-sized Enterprises (SMEs)
By business function
• Finance
• Marketing and Sales
• Human Resources (HR)
• Operations
By industry vertical
• Banking, Financial Services and Insurance (BFSI)
• Government and Defense
• Healthcare and Life Sciences
• Manufacturing
• Retail and Consumer Goods
• Media and Entertainment
• Telecommunication and IT
• Transportation and Logistics
• Others (Real Estate, Energy and Utilities, Travel and Hospitality, Education and Research)
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• We cover more than 15 major industries, further segmented into more than 90 sectors.
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
