DUBLIN, May 6, 2016 /PRNewswire/ --
Dublin - Research and Markets has announced the addition of the "Global Big Data in the Manufacturing Sector Market 2016-2020" report to their offering.
The global big data market in the manufacturing sector is expected to grow at a CAGR of 16.87% during the period 2016-2020.
The emergence of cloud-based solutions has enabled organizations across the globe to increase their efficiency and reduce the cost of deploying valuable big data solutions. Data collected every day in a company is stored in databases and is then analyzed through cloud-based big data solutions. The cloud computing technology enables organizations to access this information at any time and from any location.
According to the report, organizations in the manufacturing sector need big data solutions to automatically track the performance and behavior of the information stored in their IT systems. They also require data analytics to develop innovative business strategies and improve overall operational efficiency. Big data solutions help identify the risks and opportunities, enabling organizations to plan and perform accordingly.
Further, the report states that the requisite technical skills for handling big data vary with the complexity of data storage and data retrieval. So, the lack of skilled professionals can result in implementation failure.
Big data solutions help process and analyze this large volume of data. They have a wide array of applications such as analysis of conversations in social networking websites, fraud management in the financial services sector, disease diagnosis in the healthcare sector, and supply chain management in the manufacturing sector.
Key questions answered in this report:
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by component
PART 07: Market segmentation by solution types
PART 08: Geographical segmentation
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Five forces analysis
PART 16: Vendor landscape
For more information visit http://www.researchandmarkets.com/research/nbmplz/global_big_data
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SOURCE Research and Markets