Global Big Data Market Opportunities and Forecast 2023-2030

  •   DLR1953
  •   September, 2020
  •   Pages: 120
  •  Global
Market Overview

Big data can be defined as huge data sets which are analysed computationally for the revealing trends, patterns and associations relating to the human behaviour and interactions. The big data has numerous characteristics which include variety, volume, velocity and veracity. Cloud computing and big data is a perfect combination for addressing security concerns. Continuous evolution of the cloud computing and big data is providing the efficient, cost-effective, and powerful structures to support the business analytics. The big data market is undergoing a massive growth due to the significant increase in the spending on R and D and organizational data.

Global organizational expenditure is projected to reach above USD 500 billion by end of 2024. Growing number of the heterogeneous data created from web clicks increasing necessity to monitor and manage the data that will significantly drive big data market growth in near future.

Segment Overview

The rising adoption of the social media analytics in the BDaaS to monitor the consumer preferences and deliver personalization insights is expected to propel the market growth during the forecast period. Furthermore, the increasing significance of the sentiment analysis has encouraged enterprises to incorporate social media into the business processes. This has led to a large amount of the data being stored by the organizations, which is expected to drive the market growth during the forecast period.

Regional Overview

North America is expected to hold largest share of the global big data market in 2019 and is anticipated to lead the market over the forecast period. The market is expected to grow at considerable CAGR during the projection period. Enormous penetration of the advance tools and growth in the data generation from various industries is propelling the growth of the big data market in the region. Europe accounted for the second largest share in the global big data market and is anticipated to grow at a considerable rate during the forecast period.

Growing manufacturing industries in the Asia Pacific predicts the region to be the fastest growing for global big data market. Countries including India, Japan, and China are projected to lead the big data market in the region over forecast period. Middle East and Africa and Latin America regions presently holds smallest share in the terms of revenue, also shows countless potential to garner unexploited business prospects for big data services and analytics during the forecast period.

Competitor overview

Leading industry players includes IBM, Google, HP, SAP, Oracle, and Cloudera are progressively spending in R and D, for the growth of combined big data solutions to offer enhanced analytics and unified management of data. Corporations are focusing on the mergers and acquisition to expand their product portfolio with the big data and other mainframe technologies. For instance, in 2015, company Microsoft acquired the Revolution Analytics to develop its business for the cloud base platform. IBM acquired Cloudant and Cleversafe to reinforce its cloud platform business.

Key Players
  1. IBM Corporation
  2. Oracle Corporation
  3. Microsoft Corporation
  4. Splunk Incorporated
  5. Amazon Web Services
  6. Intel Corporation
  7. NetApp, Inc.
  8. Google
  9. TIBCO Software Inc.
  10. Dell Inc.
  11. VMware Inc.
  12. MicroStrategy, Inc.
  13. SAP SE
  14. EMC Corporation,
  15. Cloudera, Inc.
  16. Karmasphere Inc.
  17. HORTONWORKS, INC.
  18. Teradata Corporation
  19. HP Enterprise

Market Segmentation

By Component
  • Hardware
  • Software
  • Services
By Type
  • Structured Data
  • Unstructured Data
By Application
  • Financial Analytics
  • Customer Analytics
  • Risk Analytics
  • Operational Analytics
By End Use
  • Banking & Finance
  • Government
  • Aerospace and Defense
  • Transportation & Logistics
  • IT & Telecommunication
  • Healthcare
  • Manufacturing
  • Energy & Utilities
  • Other Sectors (Education)
By Geography
  • North America
    • US
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • UAE
    • Rest of LAMEA


1 Executive Summary 13

    2 Market Introduction 16

    • 2.1 Definition 17
    • 2.2 Scope of the Study 17
    • 2.3 List of Assumptions 18
    • 2.4 Market Structure 19

    3 Market Insights 20

      4 Research Methodology 23

      • 4.1 Research Process 24
      • 4.2 Primary Research 25
      • 4.3 Secondary Research 26
      • 4.4 Market Size Estimation 26
      • 4.5 Forecast Model 27

      5 Market Dynamics 28

      • 5.1 Introduction 29
      • 5.2 Drivers 30
        • 5.2.1 Rising demand for scalable and high-security solutions 30
        • 5.2.2 Increasing variety and volume of business data generated from various sources 30
      • 5.3 Opportunities 30
        • 5.3.1 Growing demand for third-party managed security service providers 30
      • 5.4 Restraints 30
        • 5.4.1 Lack of data security awareness 30
        • 5.4.2 Lack of security expertise and skilled personnel 31
      • 5.5 Value Chain Analysis 32
        • 5.5.1 Software/Algorithm Developers 33
        • 5.5.2 System Integrators 33
        • 5.5.3 Service/Solution Providers 33
        • 5.5.4 End Users 33
      • 5.6 Porter’s Five Forces Model 34
        • 5.6.1 Threat of New Entrants 34
        • 5.6.2 Bargaining Power of Platform Suppliers 34
        • 5.6.3 Bargaining Power of End-Users 34
        • 5.6.4 Threat of Substitutes 35
        • 5.6.5 Intensity of Rivalry 35

      6 Global Big Data Security Market, By Technology 36

      • 6.1 Overview 37
        • 6.1.1 Identity and Access Management (IAM) 38
        • 6.1.2 Security Information and Event Management (SIEM) 38
        • 6.1.3 Unified Threat Management (UTM) 38
        • 6.1.4 Intrusion Detection System (IDS)/Intrusion Prevention System (IPS) 38

      7 Global Big Data Security Market, By Component 39

      • 7.1 Overview 40
        • 7.1.1 Software 41
          • 7.1.1.1 Encryption 41
          • 7.1.1.2 Data Masking 41
          • 7.1.1.3 Access Control 41
          • 7.1.1.4 Security Intelligence 41
          • 7.1.1.5 Data Governance 42
        • 7.1.2 Service 42
          • 7.1.2.1 Professional Service 42
          • 7.1.2.2 Managed Service 42

      8 Global Big Data Security Market, By Deployment 43

      • 8.1 Overview 44
        • 8.1.1 Cloud 44
        • 8.1.2 On-Premise 45

      9 Global Big Data Security Market, By Organization Size 46

      • 9.1 Overview 47
        • 9.1.1 Small & Medium Enterprise (SME) 48
        • 9.1.2 Large Enterprises 48

      10 Global Big Data Security Market, By End-User 49

      • 10.1 Overview 50
        • 10.1.1 BFSI 51
        • 10.1.2 Travel & Logistics 51
        • 10.1.3 Healthcare 51
        • 10.1.4 Government 51
        • 10.1.5 Automotive 51
        • 10.1.6 IT & Telecommunication 51

      11 Big Data Security Market, By Region 52

      • 11.1 Introduction 53
      • 11.2 North America 54
        • 11.2.1 U.S. 59
        • 11.2.2 Canada 61
        • 11.2.3 Mexico 63
      • 11.3 Europe 65
        • 11.3.1 Germany 70
        • 11.3.2 U.K 72
        • 11.3.3 France 74
        • 11.3.4 Rest of Europe 76
      • 11.4 Asia Pacific 78
        • 11.4.1 China 84
        • 11.4.2 Japan 86
        • 11.4.3 India 88
        • 11.4.4 Rest of Asia Pacific 90
      • 11.5 Rest of the World 92
        • 11.5.1 The Middle East & Africa 97
        • 11.5.2 Latin America 99

      12 Competitive Landscape 101

      • 12.1 Competitive Landscape Overview 102
      • 12.2 Competitive Benchmarking 103

      13 Company Profiles 104

      • 13.1 Check Point Software Technologies Ltd 105
        • 13.1.1 Company Overview 105
        • 13.1.2 Financial Overview 105
        • 13.1.3 Solution/Service Offerings 106
        • 13.1.4 SWOT Analysis 106
        • 13.1.5 Key Strategy 106
      • 13.2 Fortinet 107
        • 13.2.1 Company Overview 107
        • 13.2.2 Financial Overview 107
        • 13.2.3 Product/Service Offerings 108
        • 13.2.4 Key Developments 108
        • 13.2.5 SWOT Analysis 108
        • 13.2.6 Key Strategy 108
      • 13.3 Hewlett Packard Enterprise Company 109
        • 13.3.1 Company Overview 109
        • 13.3.2 Financial Overview 109
        • 13.3.3 Product/Solutions Offerings 110
        • 13.3.4 Key Developments 110
        • 13.3.5 SWOT Analysis 110
        • 13.3.6 Key Strategy 111
      • 13.4 IBM Corporation 112
        • 13.4.1 Company Overview 112
        • 13.4.2 Financial Overview 112
        • 13.4.3 Solution/Service Offerings 113
        • 13.4.4 Key Developments 113
        • 13.4.5 SWOT Analysis 113
        • 13.4.6 Key Strategy 113
      • 13.5 McAfee, LLC 114
        • 13.5.1 Company Overview 114
        • 13.5.2 Financial Overview 114
        • 13.5.3 Product/Service Offerings 115
        • 13.5.4 Key Developments 115
        • 13.5.5 SWOT Analysis 115
        • 13.5.6 Key Strategy 115
      • 13.6 Symantec Corporation 117
        • 13.6.1 Company Overview 117
        • 13.6.2 Financial Overview 117
        • 13.6.3 Product/Service Offerings 118
        • 13.6.4 Key Developments 118
        • 13.6.5 SWOT Analysis 118
        • 13.6.6 Key Strategy 119
      • 13.7 FireEye, Inc. 120
        • 13.7.1 Company Overview 120
        • 13.7.2 Financial Overview 120
        • 13.7.3 Solution/Service Offerings 121
        • 13.7.4 Key Developments 121
        • 13.7.5 SWOT Analysis 121
        • 13.7.6 Key Strategy 121
      • 13.8 Rapid7, Inc. 122
        • 13.8.1 Company Overview 122
        • 13.8.2 Financial Overview 122
        • 13.8.3 Products/Service Offerings 123
        • 13.8.4 Key Developments 123
        • 13.8.5 SWOT Analysis 123
        • 13.8.6 Key Strategy 123
      • 13.9 LogRhythm, Inc. 124
        • 13.9.1 Company Overview 124
        • 13.9.2 Products/Solutions Offerings 124
        • 13.9.3 Key Developments 125
        • 13.9.4 SWOT Analysis 125
        • 13.9.5 Key Strategy 125
      • 13.10 Proofpoint, Inc. 126
        • 13.10.1 Company Overview 126
        • 13.10.2 Financial Overview 126
        • 13.10.3 Products/Solutions Offerings 127
        • 13.10.4 Key Developments 127
        • 13.10.5 SWOT Analysis 127
        • 13.10.6 Key Strategy 127

      14 Conclusion 128

      • 14.1 Key Findings 129
        • 14.1.1 Key Companies to Watch 129

      15 Appendix 130

      • 15.1 Discussion Blue Print 131

      Request for List of Figure


      Research Process

      Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.

      In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization

      FIGURE 1: DLR RESEARH PROCESS

      research-methodology1

      Primary Research

      Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.

      In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.

      It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.

      Secondary Research

      Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.

      Market Size Estimation

      Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.

      Forecast Model

      research-methodology2