The Big Data Market Report 2016-2030 - Opportunities, Challenges, Strategies, Industry Verticals and Forecasts for the $46 Billion Industry - Research and Markets
Summary
Amid the proliferation of real time data from sources such as mobile devices, web, social media, sensors, log files and transactional applications, Big Data has found a host of vertical market applications, ranging from fraud detection to scientific R&D. Despite challenges relating to privacy concerns and organizational resistance, Big Data investments continue to gain momentum throughout the globe. The report also presents market size forecasts for Big Data hardware, software and professional services from 2016 through to 2030. The report has the following key findings: - In 2016, Big Data vendors will pocket over $46 Billion from hardware, software and professional services revenues. - Big Data investments are further expected to grow at a CAGR of 12% over the next four years, eventually accounting for over $72 Billion by the end of 2020.
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