Big Data and Data Engineering Services Market at a CAGR of 31.3% Growth, Trends

Posted by Donald Rooney on September 19th, 2019

The Global Big Data and Data Engineering Services Market is expected to reach USD 28.0 billion by 2025 from USD 3.1 billion in 2017 and is projected to grow at a CAGR of 31.3% in the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025. The renowned players in global big data and data engineering services market are Amazon Web Services, Dell Inc., Hewlett Packard Enterprise Development LP , Microsoft , Oracle, SAP SE, SAS Institute Inc., Teradata. , Datameer, Inc. , Birst, Inc., Guardian Glass, LLC., Opera Solutions, LLC., Sisense Inc., MapR Technologies, Inc., Mirantis, Inc., Tele-Media Solutions, Kleiner Perkins, NORTHGATE, Wipro Limited, Red Hat, Inc.,    and many more.

Market Segmentation: Global Big Data and Data Engineering Services Market

•          The market is segmented based on solution, deployment models, organization size and end user industry and geographical segments.
•          Based on solution, the market is segmented into Hadoop-as-a-Service (HDaaS), Data-as-a-Service (DaaS), Data Analytics-as-a-Service.
•          Based on deployment models, the market is segmented into Public cloud, Private cloud, Hybrid cloud.
•          Based on organization size, the market is segmented into Small and medium-sized business, Large enterprises.
•          Based on end user industry, BFSI, healthcare and life sciences, retail and consumer goods, manufacturing, travel and hospitality, IT and telecommunication, media and entertainment, government, others.
•          Based on geography, the market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa.

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Market Drivers and Restraints:                                                                            

•          Increasing demand for commercial organization.
•          Rising demand in deployment in small-/medium-scale businesses.
•          Rising demand for customer relation management, enterprise resource planning, E-commerce and supply chain.
•          Difficulty in server downtime from data service provider.
•          Growing demands in banks and financial institutions.

Competitive Analysis:                                                      

The global big data and data engineering services market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares of big data and data engineering services market for global, Europe, North America, Asia Pacific and South America.

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