Big Data Market Projections say Software Revenue to Exceed Hardware Investments by Nearly $8 Billion by 2020
Summary
Global Big Data market investments are expected to grow at a CAGR of 14% over the next 5 years, eventually accounting for nearly $80 Billion by the end of 2020. Comprehensions from big data can allow all employees to make better decisions-developing customer engagement, augmenting operations, averting threats and fraud, and capitalizing on new sources of revenue. Despite challenges relating to privacy concerns and organizational resistance, Big Data market investments continue to gain momentum throughout the globe. The report also presents forecasts for Big Data market size by hardware, software and professional services from 2015 through to 2030. Companies Mentioned include 1010data, Accel Partners, Accenture, Actian Corporation, Actuate Corporation, Adaptive Insights, adMarketplace, Adobe, ADP, Advizor Solutions, AeroSpike, AFS Technologies, AlchemyDB, Aldeasa, Alpine Data Labs, Alteryx, Altiscale, Altosoft, Antivia, AOL, Apple, AppNexus, Arcplan, Ascendas, AT&T, Attivio, Automated Insights, AutoZone, Avvasi, AWS (Amazon Web Services), Axiata Group, Ayasdi, Bank of America, Basho, Beeline Kazakhstan, Betfair, BeyondCore, Birst, Bitam, BlueKai, Bluelock, BMC Software, Buffalo Studios, BurstaBit, CaixaTarragona, Capgemini, Cellwize, Centrifuge Systems, CenturyLink, Chang, Chartio, China Telecom, CIA (Central Intelligence Agency), Cisco Systems, Citywire, Contexti, Coriant, Couchbase, CSA (Cloud Security Alliance), CSC (Computer Science Corporation), CSCC (Cloud Standards Customer Council), DataHero, Datameer, DataRPM, DataStax, Datawatch Corporation, Department of Commerce, Deutsche Bank, Deutsche Telekom, Digital Reasoning, Dimensional Insight, Dollar General, Domo, Dotomi, Dundas Data Visualization, eBay, El Corte Inglés, Electronic Arts, Eligotech, EMC Corporation, Engineering Group (Engineering Ingegneria Informatica), eQ Technologic and more.