Big Data and Data Engineering Services Market - Global Industry Analysis and ForPosted by geeta narwade on November 18th, 2019 Big Data and Data Engineering Services Market is expected to reach the US .10 Bn. by 2026 at a CAGR of 50% during the forecast period. Big Data Engineering services enable organizations for business decision making, data transition, and leveraging of AI. Major growth drivers for the big data and data engineering services market include increasing volumes of unstructured data due to cost-effective services, the phenomenal growth of interconnected devices and social media, an increasing need for complying with stringent regulations, and cutting-edge expertise rendered by boutique data servicing companies. Data diversity, security, and privacy are some of the challenges for big data and data engineering service market. Restraining factor for the big data and data engineering services market is the inability of a service provider to provide real-time insights. Big Data and Data Engineering Services Market Big data and data engineering services market are segmented by service type, business function, industry vertical and region. Among service type, the data integration services segment is likely to reach at the highest CAGR during the forecast period, owing to an increase in the need for integrating data from disparate data sources across organizations. While using a business function, the marketing and sales business function is expected to grow at the highest CAGR during the forecast period. The rise in the need for sales department and marketing to analyze and monitor various sales and marketing data for gaining insights on retainment and customer acquisition. This factor is expected to drive the growth of the marketing and sales business function during the forecast period. In big data and data engineering services market, the retail and eCommerce industry vertical is expected to account for the highest growth rate during the forecast period, owing to an increase in the need for maintaining their records, managing the growing data from various customers, and analyzing data to gain insights. Based on region, big data and data engineering services market is classified into North America, Asia Pacific, Latin America, Middle East, and Africa, Europe. Among these, North America is likely to hold the larger big data and data engineering services market share during the forecast period. North America is advanced in terms of infrastructure and technology adoption. Major key players of big data and data engineering services market are present in North America. However, the Asia Pacific is expected to grow at the highest CAGR during the forecast period. An increase in government initiatives such as smart cities in the Asia Pacific including India and China and adoption of big data technologies, Owing to this factor the demand for the big data and data engineering services market is expected to increase in APAC during the forecast period. Some of the key players are Infosys, Capgemini, NTT DATA, Mphasis, L&T Technology Services, Hexaware, Happiest Minds, KPMG etc. For More Information Visit @:https://www.maximizemarketresearch.com/market-report/big-data-and-data-engineering-services-market/14625/ Scope of the Big Data and Data Engineering Services Market Big Data and Data Engineering Services Market by Organization Size
Big Data and Data Engineering Services Market by Service Type
Big Data and Data Engineering Services Market by Business Function
Big Data and Data Engineering Services Market by Industry
Big Data and Data Engineering Services Market by Region
Key Players in Big Data and Data Engineering Services Market Accenture Genpact Cognizant Infosys Capgemini NTT DATA Mphasis L&T Technology Services Hexaware Happiest Minds KPMG EY Tiger Analytics LatentView Analytics InfoStretch Vensai Technologies Course5 Sigmoid Nous Infosystems Bodhtree Hidden Brains InfoTech Brillio Franz Inc. BRIDGEi2i Trianz
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