Big Data Market in Europe

News provided by

Research and Markets

Apr 15, 2014, 10:29 ET

DUBLIN, Apr. 15, 2014 /PRNewswire/ --

Research and Markets

(

http://www.researchandmarkets.com/research/tckgs7/big_data_market

) has announced the addition of the

"Big Data Market in Europe"

report to their offering.

(Logo: http://photos.prnewswire.com/prnh/20130307/600769)

The analysts forecast the Big Data market in Europe to grow at a CAGR of 31.96 percent over the period 2012-2016. One of the key factors contributing to this market growth is big data's ability to analyze data to predict future accurately. The Big Data market in Europe has also been witnessing the adoption of in-memory computing. However, the lack of awareness of big data's potential could pose a challenge to the growth of this market.

The report, the Big Data market in Europe, has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on the Europe market; it also covers the Big Data market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

As the hardware costs incurred by organizations are declining across the globe and there is increased demand for real-time computing, in-memory computing is expected to become popular in the near future. Analysts at TechNavio predict that 35-40 percent of medium-sized and large enterprises around the world will adopt in-memory computing by 2016.

In-memory computing will help global organizations gain competitive advantage and differentiate their offerings from those of their competitors. Recently, organizations have benefitted hugely from real-time computing such as fraud detection, inventory management, genome analysis, point of sale management, and others, and it is likely that in-memory computing will create endless opportunities for global businesses in the next few years.

According to the report, one of the major drivers is the ability to analyze historical data and make accurate future predictions. Big data solutions enable IT managers to quickly derive insights from their collected data and improve the quality of their decisions. In addition, data analytics helps organizations develop an innovative business strategy and improve their overall operational efficiency. It also helps in identifying the risks and opportunities in organizations, enabling them to plan and perform accordingly.

Key Topics Covered:

01. Executive Summary

02. Scope of the Report

03. Market Research Methodology

04. List of Abbreviations

05. Introduction

06. Market Landscape

07. Market Segmentation by Revenue

08. Market Segmentation by End-users

09. Key Leading Countries

10. Buying Criteria

11. Market Growth Drivers

12. Drivers and their Impact

13. Market Challenges

14. Impact of Drivers and Challenges

15. Market Trends

16. Trends and their Impact

17. Vendor Landscape

18. Key Vendor Analysis

19. Other Reports in this Series