Forecasting the Growth of Global Big Data
February 21, 2014
If you’re in the position to make decisions about how your company is going to handle Business Intelligence and Enterprise Search needs, you may want to have a look at Global Big Data Market 2014-2018, a new market research report offered by ReportLinker. PRNewswire reported on the publication.
The full report presents primary and secondary research conducted by TechNavio’s analysts, who
“forecast the Global Big Data market to grow at a CAGR of 34.17 percent over the period 2013-2018. One of the key factors contributing to this market growth is the need to upgrade business processes and improve productivity. The Global Big Data market has also been witnessing the increase in market consolidation. However, the lack of awareness about the potential of big data could pose a challenge to the growth of this market.”
The report covers the Americas, the EMEA and APAC regions and goes into in-depth analysis of the four key vendors in Big Data: Hewlett-Packard Co.,IBM Corp., Oracle Corp., and Teradata Corp.
A host of other vendors is also covered in the full report, which addresses the key challenges of the global Big Data market and the forces driving developments. My guess is that the emerging market adoption of Hadoop is one of those forces.
Laura Abrahamsen, February 21, 2014
Sponsored by ArnoldIT.com, developer of Augmentext
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