Big Data Analytics Market Analysis, Scope, and Growth by 2028
Big Data Analytics Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2021 | US$ 239.75 Billion |
Market Size by 2028 | US$ 638.66 Billion |
Global CAGR (2021 - 2028) | 15.3% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Component
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Key Player Analysis:
The global big data analytics market analysis consists of the players such as Amazon Web Services, FICO, Hewlett Packard Enterprise Development LP (HPE), IBM Corporation, Microsoft Corporation, Oracle Corporation, SAP SE, SAS Institute Inc., TIBCO Software Inc., and Teradata. Among the players in the global big data analytics Amazon Web Services and Oracle Corporation are the top key players owing to the diversified product portfolio offered.
Recent Developments:
Inorganic and organic strategies such as mergers and acquisitions are highly adopted by companies in the global big data analytics market. A few recent key market developments are listed below:
- In February 2021, RapidMiner, Inc. announced a partnership with Hivecell, an Edge-as-a-Service company.
- In Oct 2020 – Fractal Analytics announced that one of its subsidiaries, Theremin.ai, has raised funds from OLMO Capital. The funds will be used for building its algorithmic investment product and for expanding its talent.