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Global Big Data Services Market 2020-2024 - by Company, Regions, and End-user, Forecast to 2024 | TechnavioThe big data services market is expected to grow by USD 64.27 billion, progressing at a CAGR of over 30% during the forecast period. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201203005890/en/ Technavio has announced its latest market research report titled Global Big Data Services Market 2020-2024 (Graphic: Business Wire) Click & Get Free Sample Report in Minutes The growing amount of data is one of the major factors propelling market growth. However, factors such as adhering to diverse client requirement will hamper the market growth. More details: https://www.technavio.com/report/big-data-services-market-industry-analysis Big Data Services Market: End user Landscape In the BFSI sector, big data services are opted to make respective models of trading, fund management, and risk control. With the growth of big data in terms of volume, variety, and complexity, big data analysis is useful for banks to generate useful insights leading to improved performance. Market growth in this segment will be slower than the growth of the market in the telecom and retail segment. Big Data Services Market: Geographic Landscape North America was the largest big data services market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The rise in data generation across various industries due to the increase in digital transformation such as the digitalization of workspace and access through mobile apps and websites will significantly drive big data services market growth in this region over the forecast period. 34% of the market's growth will originate from North America during the forecast period. The US and Canada are the key markets for big data services in North America. Market growth in this region will be slower than the growth of the market in APAC. Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. View market snapshot before purchasing Related Reports on Information Technology Include: Global Big Data Market: The big data market size has the potential to grow by USD 142.5 billion during 2020-2024, and the market's growth momentum will accelerate during the forecast period. To get extensive research insights: Click and Get FREE Sample Report in Minutes! Global Data Center IT Infrastructure Market: The data center IT infrastructure market size has the potential to grow by USD 270.51 billion during 2020-2024, and the market's growth momentum will accelerate during the forecast period. To get extensive research insights: Click and Get FREE Sample Report in Minutes! Companies Covered:
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Market Sizing
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Customer landscape
Geographic Landscape
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View source version on businesswire.com: https://www.businesswire.com/news/home/20201203005890/en/ |