As the world is becoming more digital and connected, big data and business analytics are creating new opportunities for data collection, storage and intelligence processing and analysis. With the huge amount of data generation, data storage and data capture, big data and business analytics has emerged as an important technology to study and solve data related problems for companies that have huge amount of data stored and used within their organization.
The increasing interest and investment in artificial intelligence, in turn, is leading to the emergence of new tools for collecting and analyzing data and new enterprise roles and responsibilities which includes big data and business analytics solutions.
Moreover, the growth of mobile devices and apps has directly resulted in a massive increase in the amount of data generated. The usage of big data and business analytics solutions is critical for businesses to develop new competitive strategies and to provide services.
In 2018, the global Big Data and Business Analytics market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Big Data and Business Analytics status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Big Data and Business Analytics development in United States, Europe and China.
The key players covered in this study
International Business Machines (IBM) Corporation
Market segment by Type, the product can be split into
Natural Language Processing
Market segment by Application, split into
Banking, Financial Services, and Insurance (BFSI)
Government and Defense
Healthcare and Life Sciences
Retail and Consumer Goods
Market segment by Regions/Countries, this report covers
Central & South America
The study objectives of this report are:
To analyze global Big Data and Business Analytics status, future forecast, growth opportunity, key market and key players.
To present the Big Data and Business Analytics development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Big Data and Business Analytics are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.