Big Data Market Estimated to reach $72B USD by 2021 with a CAGR of 20.8%

“Market Research Reports and Industry Analysis” has published “The Big Data Market: Business Case, Market Analysis and Forecasts 2016-2021” market report to its research database. Western Europe will be a market leader with $20.9B USD by 2021 with CAGR of 22.2%. Business Intelligence Tools and Analytics Platforms will reach $15.8B USD globally by 2021. Professional Services remains the leading revenue area through 2021 with CAGR of 23.8%.

The management of unstructured data (e.g. Big Data), the leveraging of analytics tools to derive value, and the integration between Cloud, Internet of Things (IoT), and enterprise operational technology are key focus areas for large companies across virtually every industry vertical. However, Big Data and Analytics tools are not limited to large companies as products and services are emerging that are democratizing data for smaller companies.

A new data economy is developing in which the data associated with corporate products and services becomes almost as value as the company offerings themselves. New models are emerging to reduce friction across the value chain including enhanced Big Data as a Service (BDaaS) offerings. BDaaS is anticipated to make cross-industry, cross-company, and even cross-competitor data exchange a reality that adds value across the ecosystem with minimized security and privacy concerns.

This report provides an in-depth assessment of the global Big Data market, including a study of the business case, application use cases, vendor landscape, value chain analysis, case studies and a quantitative assessment of the industry with forecasting from 2016 to 2021.

Key companies listed in the report are 1010Data, Accenture, Actian Corporation, Amazon, Apache Software Foundation, APTEAN, Booz Allen Hamilton, Bosch Software innovations: Bosch IoT Suite, Capgemini, Cisco Systems, Cloudera, CRAY Inc., Computer Science Corporation, DataDirect Network, Dell, Deloitte, EMC, Facebook, Fujitsu, General Electric, GoodData Corporation, Google, Guavus, HP, Hitachi Data Systems, Hortonworks, IBM, Informatica, Intel, Jasper (Cisco), Juniper Networks, Marklogic, Microsoft, MongoDB, MU Sigma, Netapp, NTT Data, Open Text (Actuate Corporation), Opera Solutions, Oracle, Pentaho, Qlik Tech, Quantum, Rackspace, Revolution Analytics, Salesforce, SAP, SAS Institute, Sisense, Software AG/Terracotta, Splunk, Sqrrl, Supermicro, Tableau Software, Tata Consultancy Services, Teradata, Think Big Analytics, TIBCO, Tidemark Systems, VMware (EMC), Wipro, Workday (Platfora), and Zettics .

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Topics covered in the report include:
Big Data Technology: A review of the underlying technologies that resolve big data complexities
Big Data Use Cases: A review of investments sectors and specific use cases for the Big Data market
The Big Data Value Chain: An analysis of the value chain of Big Data and the major players involved within it
The Business Case for Big Data: An assessment of the business case, growth drivers and barriers for Big Data
Big Data Vendor Assessment: An assessment of the vendor landscape of leading players within the Big Data market
Market Analysis and Forecasts: A global and regional assessment of the market size and forecasts for 2016 to 2021
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Key Findings:
The global Big Data Market will reach $72B USD by 2021 with a CAGR of 20.8%
Western Europe will be a market leader with $20.9B USD by 2021 with CAGR of 22.2%
Business Intelligence Tools and Analytics Platforms will reach $15.8B USD globally by 2021
Professional Services remains the leading revenue area through 2021 with CAGR of 23.8%
Open development tools and communities are driving innovation in key areas such as Cloud and IoT

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Report Benefits:
Detailed forecasts 2016 – 2021
Learn about Big Data technologies
Identify leading market segments
Identify key players and strategies
Identify opportunities in data analytics
Understand market drivers and barriers
Understand the business case for Big Data
Understand regulatory issues and initiatives

Target Audience:
Network service providers
Systems integration companies
Big Data and Analytics companies
Advertising and media companies
Enterprise across all industry verticals
Cloud and IoT product and service providers

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