Big Data Market to Grow at an Impressive 40.5% Cagr Till 2018

Transparency Market

Research

Big Data Market - Global Scenario, Trends, Industry

Analysis, Size, Share And Forecast 2012 - 2018

Published Date

2013-01-21

67 Page Report

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Press Release

Big Data Applications in Healthcare likely to Propel Market to

US$48.3 Bn by 2018 : Transparency Market Research

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Big Data Market

REPORT DESCRIPTION

Transparency Market Research announces the release of a new report titled “Big Data Market - Global

Scenario, Trends, Industry Analysis, Size, Share And Forecast 2012 - 2018”. The report states that

registering a remarkable CAGR of 40.5% from 2012 to 2018, the global big data market is likely to grow

from US$6.3 billion in 2012 to US$48.3 billion in 2018.The research report studies the global big data

market by segmenting it on the basis of four criteria: product requirement, component, application, and

geography. By component, the big data market is categorized into hardware, software and services, and

storage. Owing to the growing demand for new big data services and functionality, the segment of

software and services has dominated the overall market, accounting for nearly 50% of the global big data

market in 2012. The storage segment is likely to grow at the fastest pace from 2012 to 2018, registering

an astounding CAGR of 45.3%. Given the massive amount of and the rapid pace at which data is being

generated, storage is most likely to become a major issue in the years to come.

Browse the full Big Data Market report at

http://www.transparencymarketresearch.com/big-data-market.html

The key product requirements of big data include relational database management systems (RDBMS),

structured query language (SQL), Hadoop, and existing database management systems (DBMS).Big data

finds application in retail, media and entertainment, financial...