Big Data Market By Types, By Software: Worldwide Forecasts & Analysis to 2018

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Apr 15, 2014, 04:37 ET

DUBLIN, April 15, 2014 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/gv42v6/big_data_market) has announced the addition of the "Big Data Market By Types, By Software: Worldwide Forecasts & Analysis to 2018" report to their offering.

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Big data has the potential to transform the unstructured data into valuable insight for government, commercial organizations, and even niche sectors. This technology is growing rapidly and its presence is predicted to be in almost all typical applications such as consumer risk modeling, portfolio analysis, fraud detection, demand forecasting, vendor rating analysis, lead time analysis, log analysis, packet inspection, supplier intelligence, customer churn analysis, traffic management, casino management, and maintaining budget and cost intelligence. This concept had dramatically improved enterprises infrastructure and had brought greater accuracy and clarity in prediction and management.

Harnessing the core potential of big data would be the prime objective of key vendors in near future. Thus, the vendors are bringing in new innovative technologies and products in the market. Few of the latest technologies in this segment are unified appliances, cloud-based storage and analytics, Hadoop and NoSQL databases, and security intelligence products. These technologies can only propagate in coming future if there are trained and skilled professionals in the market to implement and understand them. Thus, we can forecast and expect the service segment to grow rapidly in the coming years.

However, the only paradox in this segment is that both the vendors and the clients are aware of its importance, but they struggle to leverage its prime benefits. Hence, all the key industry players would primarily be focusing on optimizing the cost and enhancing the efficiency of big data solutions and applications. This could however be obtained in two ways of technological development as well as business advancement. Business advancement includes strategic alliances and lucrative acquisitions among the big and small vendors in the ecosystem. Technological development includes inventing new robust and sophisticated products and solutions which can leverage company's Return on Investment (ROI) scenario.

Key Topics Covered:

1 Introduction

2 Executive Summary

3 Market Ecosystem & Dynamics

4 Big Data: Market Size, Analysis & Forecast By Types

5 Big Data As A Service: Market Size, Analysis & Forecast

6 Big Data: Market Size & Forecast, By End Users

7 Big Data: Market Size & Forecast, By Regions

8 Big Data: Market Analysis, Trends & Insights

9 Company Profiles

Companies Mentioned: