Big Data Storage Solutions Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Growing preference toward the digitalization of data records among companies from all worldwide locations is one of the key factors stimulating the growth of the market for storage in big data. The market holds remarkable demand avenues from diverse industries such as healthcare, BFSI, IT and telecommunication, transportation, manufacturing, media and entertainment, and others. This situation shows that the vendors working in the global storage in big data market will witness remarkable expansion opportunities in the upcoming years.
MARKET DYNAMICS
The market for storage in big data is gaining popularity in various sectors such as healthcare. The services provided by the enterprises in global storage in big data market help in the better management of data of their clients. This factor is working as a driver for the growth of the global storage in big data market. Apart from this, the market for storage in big data is growing on the back of diverse reasons such as technological advancement, increasing acceptance of software based storage devices, cloud computing, big data, and Internet of things (IoT).
MARKET SCOPE
The "Global Big Data Storage Solutions Market Analysis to 2031" is a specialized and in-depth study of the big data storage solutions market with a special focus on the global market trend analysis. The report aims to provide an overview of big data storage solutions market with detailed market segmentation by component, industry. The global big data storage solutions market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading big data storage solutions market player and offers key trends and opportunities in the big data storage solutions market.
MARKET SEGMENTATION
The global big data storage solutions market is segmented on the basis of component, industry. On the basis of component, market is segmented as hardware, software, services. On the basis of industry, market is segmented as BFSI, IT and telecommunications, transportation, logistics and retail, healthcare and medical, media and entertainment, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global big data storage solutions market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The big data storage solutions market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting big data storage solutions market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the big data storage solutions market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global big data storage solutions market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The big data storage solutions market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting big data storage solutions market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the big data storage solutions market in these regions.
MARKET PLAYERS
The reports cover key developments in the big data storage solutions market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from big data storage solutions market are anticipated to lucrative growth opportunities in the future with the rising demand for big data storage solutions market. Below mentioned is the list of few companies engaged in the big data storage solutions market.
The report also includes the profiles of key big data storage solutions market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Google Inc.
- Microsoft Corporation
- Amazon Web Services Inc.
- VMware Inc.
- IBM Corporation
- Dell EMC
- SAS Institute Inc.
- Oracle Corporation
- SAP SE
- Teradata Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Big Data Storage Solutions Market - By Component
1.3.2Big Data Storage Solutions Market - By Industry
1.3.3Big Data Storage Solutions Market - By Region
1.3.3.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.BIG DATA STORAGE SOLUTIONS MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.BIG DATA STORAGE SOLUTIONS MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6.BIG DATA STORAGE SOLUTIONS MARKET - GLOBAL MARKET ANALYSIS
6.1.BIG DATA STORAGE SOLUTIONS - GLOBAL MARKET OVERVIEW
6.2.BIG DATA STORAGE SOLUTIONS - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.BIG DATA STORAGE SOLUTIONS MARKET - REVENUE AND FORECASTS TO 2028 â" COMPONENT
7.1.OVERVIEW
7.2.COMPONENT MARKET FORECASTS AND ANALYSIS
7.3.HARDWARE
7.3.1.Overview
7.3.2.Hardware Market Forecast and Analysis
7.4.SOFTWARE
7.4.1.Overview
7.4.2.Software Market Forecast and Analysis
7.5.SERVICES
7.5.1.Overview
7.5.2.Services Market Forecast and Analysis
8.BIG DATA STORAGE SOLUTIONS MARKET - REVENUE AND FORECASTS TO 2028 â" INDUSTRY
8.1.OVERVIEW
8.2.INDUSTRY MARKET FORECASTS AND ANALYSIS
8.3.BFSI
8.3.1.Overview
8.3.2.BFSI Market Forecast and Analysis
8.4.IT AND TELECOMMUNICATIONS
8.4.1.Overview
8.4.2.IT and Telecommunications Market Forecast and Analysis
8.5.TRANSPORTATION
8.5.1.Overview
8.5.2.Transportation Market Forecast and Analysis
8.6.LOGISTICS AND RETAIL
8.6.1.Overview
8.6.2.Logistics and Retail Market Forecast and Analysis
8.7.HEALTHCARE AND MEDICAL
8.7.1.Overview
8.7.2.Healthcare and Medical Market Forecast and Analysis
8.8.MEDIA AND ENTERTAINMENT
8.8.1.Overview
8.8.2.Media and Entertainment Market Forecast and Analysis
8.9.OTHERS
8.9.1.Overview
8.9.2.Others Market Forecast and Analysis
9.BIG DATA STORAGE SOLUTIONS MARKET REVENUE AND FORECASTS TO 2028 â" GEOGRAPHICAL ANALYSIS
9.1.NORTH AMERICA
9.1.1North America Big Data Storage Solutions Market Overview
9.1.2North America Big Data Storage Solutions Market Forecasts and Analysis
9.1.3North America Big Data Storage Solutions Market Forecasts and Analysis - By Component
9.1.4North America Big Data Storage Solutions Market Forecasts and Analysis - By Industry
9.1.5North America Big Data Storage Solutions Market Forecasts and Analysis - By Countries
9.1.5.1United States Big Data Storage Solutions Market
9.1.5.1.1United States Big Data Storage Solutions Market by Component
9.1.5.1.2United States Big Data Storage Solutions Market by Industry
9.1.5.2Canada Big Data Storage Solutions Market
9.1.5.2.1Canada Big Data Storage Solutions Market by Component
9.1.5.2.2Canada Big Data Storage Solutions Market by Industry
9.1.5.3Mexico Big Data Storage Solutions Market
9.1.5.3.1Mexico Big Data Storage Solutions Market by Component
9.1.5.3.2Mexico Big Data Storage Solutions Market by Industry
9.2.EUROPE
9.2.1Europe Big Data Storage Solutions Market Overview
9.2.2Europe Big Data Storage Solutions Market Forecasts and Analysis
9.2.3Europe Big Data Storage Solutions Market Forecasts and Analysis - By Component
9.2.4Europe Big Data Storage Solutions Market Forecasts and Analysis - By Industry
9.2.5Europe Big Data Storage Solutions Market Forecasts and Analysis - By Countries
9.2.5.1Germany Big Data Storage Solutions Market
9.2.5.1.1Germany Big Data Storage Solutions Market by Component
9.2.5.1.2Germany Big Data Storage Solutions Market by Industry
9.2.5.2France Big Data Storage Solutions Market
9.2.5.2.1France Big Data Storage Solutions Market by Component
9.2.5.2.2France Big Data Storage Solutions Market by Industry
9.2.5.3Italy Big Data Storage Solutions Market
9.2.5.3.1Italy Big Data Storage Solutions Market by Component
9.2.5.3.2Italy Big Data Storage Solutions Market by Industry
9.2.5.4United Kingdom Big Data Storage Solutions Market
9.2.5.4.1United Kingdom Big Data Storage Solutions Market by Component
9.2.5.4.2United Kingdom Big Data Storage Solutions Market by Industry
9.2.5.5Russia Big Data Storage Solutions Market
9.2.5.5.1Russia Big Data Storage Solutions Market by Component
9.2.5.5.2Russia Big Data Storage Solutions Market by Industry
9.2.5.6Rest of Europe Big Data Storage Solutions Market
9.2.5.6.1Rest of Europe Big Data Storage Solutions Market by Component
9.2.5.6.2Rest of Europe Big Data Storage Solutions Market by Industry
9.3.ASIA-PACIFIC
9.3.1Asia-Pacific Big Data Storage Solutions Market Overview
9.3.2Asia-Pacific Big Data Storage Solutions Market Forecasts and Analysis
9.3.3Asia-Pacific Big Data Storage Solutions Market Forecasts and Analysis - By Component
9.3.4Asia-Pacific Big Data Storage Solutions Market Forecasts and Analysis - By Industry
9.3.5Asia-Pacific Big Data Storage Solutions Market Forecasts and Analysis - By Countries
9.3.5.1Australia Big Data Storage Solutions Market
9.3.5.1.1Australia Big Data Storage Solutions Market by Component
9.3.5.1.2Australia Big Data Storage Solutions Market by Industry
9.3.5.2China Big Data Storage Solutions Market
9.3.5.2.1China Big Data Storage Solutions Market by Component
9.3.5.2.2China Big Data Storage Solutions Market by Industry
9.3.5.3India Big Data Storage Solutions Market
9.3.5.3.1India Big Data Storage Solutions Market by Component
9.3.5.3.2India Big Data Storage Solutions Market by Industry
9.3.5.4Japan Big Data Storage Solutions Market
9.3.5.4.1Japan Big Data Storage Solutions Market by Component
9.3.5.4.2Japan Big Data Storage Solutions Market by Industry
9.3.5.5South Korea Big Data Storage Solutions Market
9.3.5.5.1South Korea Big Data Storage Solutions Market by Component
9.3.5.5.2South Korea Big Data Storage Solutions Market by Industry
9.3.5.6Rest of Asia-Pacific Big Data Storage Solutions Market
9.3.5.6.1Rest of Asia-Pacific Big Data Storage Solutions Market by Component
9.3.5.6.2Rest of Asia-Pacific Big Data Storage Solutions Market by Industry
9.4.MIDDLE EAST AND AFRICA
9.4.1Middle East and Africa Big Data Storage Solutions Market Overview
9.4.2Middle East and Africa Big Data Storage Solutions Market Forecasts and Analysis
9.4.3Middle East and Africa Big Data Storage Solutions Market Forecasts and Analysis - By Component
9.4.4Middle East and Africa Big Data Storage Solutions Market Forecasts and Analysis - By Industry
9.4.5Middle East and Africa Big Data Storage Solutions Market Forecasts and Analysis - By Countries
9.4.5.1South Africa Big Data Storage Solutions Market
9.4.5.1.1South Africa Big Data Storage Solutions Market by Component
9.4.5.1.2South Africa Big Data Storage Solutions Market by Industry
9.4.5.2Saudi Arabia Big Data Storage Solutions Market
9.4.5.2.1Saudi Arabia Big Data Storage Solutions Market by Component
9.4.5.2.2Saudi Arabia Big Data Storage Solutions Market by Industry
9.4.5.3U.A.E Big Data Storage Solutions Market
9.4.5.3.1U.A.E Big Data Storage Solutions Market by Component
9.4.5.3.2U.A.E Big Data Storage Solutions Market by Industry
9.4.5.4Rest of Middle East and Africa Big Data Storage Solutions Market
9.4.5.4.1Rest of Middle East and Africa Big Data Storage Solutions Market by Component
9.4.5.4.2Rest of Middle East and Africa Big Data Storage Solutions Market by Industry
9.5.SOUTH AND CENTRAL AMERICA
9.5.1South and Central America Big Data Storage Solutions Market Overview
9.5.2South and Central America Big Data Storage Solutions Market Forecasts and Analysis
9.5.3South and Central America Big Data Storage Solutions Market Forecasts and Analysis - By Component
9.5.4South and Central America Big Data Storage Solutions Market Forecasts and Analysis - By Industry
9.5.5South and Central America Big Data Storage Solutions Market Forecasts and Analysis - By Countries
9.5.5.1Brazil Big Data Storage Solutions Market
9.5.5.1.1Brazil Big Data Storage Solutions Market by Component
9.5.5.1.2Brazil Big Data Storage Solutions Market by Industry
9.5.5.2Argentina Big Data Storage Solutions Market
9.5.5.2.1Argentina Big Data Storage Solutions Market by Component
9.5.5.2.2Argentina Big Data Storage Solutions Market by Industry
9.5.5.3Rest of South and Central America Big Data Storage Solutions Market
9.5.5.3.1Rest of South and Central America Big Data Storage Solutions Market by Component
9.5.5.3.2Rest of South and Central America Big Data Storage Solutions Market by Industry
10.INDUSTRY LANDSCAPE
10.1.MERGERS AND ACQUISITIONS
10.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3.NEW PRODUCT LAUNCHES
10.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11.BIG DATA STORAGE SOLUTIONS MARKET, KEY COMPANY PROFILES
11.1.GOOGLE INC.
11.1.1.Key Facts
11.1.2.Business Description
11.1.3.Products and Services
11.1.4.Financial Overview
11.1.5.SWOT Analysis
11.1.6.Key Developments
11.2.MICROSOFT CORPORATION
11.2.1.Key Facts
11.2.2.Business Description
11.2.3.Products and Services
11.2.4.Financial Overview
11.2.5.SWOT Analysis
11.2.6.Key Developments
11.3.AMAZON WEB SERVICES INC.
11.3.1.Key Facts
11.3.2.Business Description
11.3.3.Products and Services
11.3.4.Financial Overview
11.3.5.SWOT Analysis
11.3.6.Key Developments
11.4.VMWARE INC.
11.4.1.Key Facts
11.4.2.Business Description
11.4.3.Products and Services
11.4.4.Financial Overview
11.4.5.SWOT Analysis
11.4.6.Key Developments
11.5.IBM CORPORATION
11.5.1.Key Facts
11.5.2.Business Description
11.5.3.Products and Services
11.5.4.Financial Overview
11.5.5.SWOT Analysis
11.5.6.Key Developments
11.6.DELL EMC
11.6.1.Key Facts
11.6.2.Business Description
11.6.3.Products and Services
11.6.4.Financial Overview
11.6.5.SWOT Analysis
11.6.6.Key Developments
11.7.SAS INSTITUTE INC.
11.7.1.Key Facts
11.7.2.Business Description
11.7.3.Products and Services
11.7.4.Financial Overview
11.7.5.SWOT Analysis
11.7.6.Key Developments
11.8.ORACLE CORPORATION
11.8.1.Key Facts
11.8.2.Business Description
11.8.3.Products and Services
11.8.4.Financial Overview
11.8.5.SWOT Analysis
11.8.6.Key Developments
11.9.SAP SE
11.9.1.Key Facts
11.9.2.Business Description
11.9.3.Products and Services
11.9.4.Financial Overview
11.9.5.SWOT Analysis
11.9.6.Key Developments
11.10.TERADATA CORPORATION
11.10.1.Key Facts
11.10.2.Business Description
11.10.3.Products and Services
11.10.4.Financial Overview
11.10.5.SWOT Analysis
11.10.6.Key Developments
12.APPENDIX
12.1.ABOUT THE INSIGHT PARTNERS
12.2.GLOSSARY OF TERMS
1. Google Inc.
2. Microsoft Corporation
3. Amazon Web Services Inc.
4. VMware Inc.
5. IBM Corporation
6. Dell EMC
7. SAS Institute Inc.
8. Oracle Corporation
9. SAP SE
10. Teradata Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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