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Report Overview
The global big data market is supported by the growth of big data and business analytics market, which attained USD 311.72 Billion in 2024. The global big data and analytics market is expected to grow at a CAGR of 14.90% in the forecast period of 2025-2034 to attain USD 1250.16 Billion by 2034. The big data market is expanding rapidly due to increasing reliance on data-driven insights for decision-making across industries. Businesses are leveraging vast datasets to enhance customer experiences and improve operational efficiency. The rising adoption of AI and cloud computing is further driving market growth. Additionally, the integration of big data with IoT and analytics tools is boosting demand. With organisations prioritising real-time insights, the market is set to witness substantial expansion. The industry is projected to grow at a significant CAGR, supported by technological advancements and increasing data volumes.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Key Big Data Company Insights
The big data market is evolving rapidly, driven by technological advancements and increased adoption of big data solutions across industries. Companies are investing heavily in research and development to enhance analytics capabilities. Additionally, strategic mergers & acquisitions are shaping the competitive landscape, allowing firms to expand their technological reach. Venture funding is also playing a crucial role in fostering innovation, supporting startups, and accelerating the development of next-generation solutions. As data-driven decision-making becomes essential, businesses are prioritizing advanced analytics, AI integration, and scalable infrastructure to leverage the full potential of big data.
Accenture: Based in Dublin, Ireland, Accenture is a global professional services company offering consulting, technology, and outsourcing solutions. It specialises in digital transformation, cloud computing, artificial intelligence, and cybersecurity. With a strong presence worldwide, Accenture serves diverse industries, driving innovation and operational efficiency for businesses across multiple sectors.
Cloudera, Inc.: Based in Santa Clara, California, Cloudera provides enterprise data cloud solutions, enabling organisations to manage, analyse, and secure vast amounts of data. Its platform integrates artificial intelligence, machine learning, and analytics to drive business insights. Cloudera’s hybrid cloud solutions support scalable data-driven decision-making across various industries.
OPERA Solutions Inc.: Based in Jersey City, New Jersey, OPERA Solutions is a provider of advanced analytics and artificial intelligence-driven solutions. It specialises in big data analytics, predictive modelling, and machine learning applications, helping businesses optimise operations, customer engagement, and risk management through AI-powered data intelligence tools.
EMC: Based in Hopkinton, Massachusetts, EMC Corporation was a leading provider of data storage, cloud computing, and IT infrastructure solutions. Acquired by Dell Technologies in 2016, EMC’s innovations in data management, security, and analytics continue to support businesses in modernising their IT environments and optimising data-driven operations.
Hewlett Packard Enterprise Development LP: Based in Houston, Texas, Hewlett Packard Enterprise (HPE) is a global IT solutions provider offering cloud computing, networking, and AI-driven analytics. Focused on hybrid IT, edge computing, and cybersecurity, HPE empowers businesses with scalable and intelligent technology infrastructure for digital transformation and operational efficiency.
Key Big Data Companies:
- Accenture
- Cloudera, Inc.
- OPERA Solutions Inc.
- EMC
- Hewlett Packard Enterprise Development LP
- IBM Corporation
- Oracle Corporation
- Microsoft Corporation
- Amazon Web Services, Inc
- Google LLC
- Dell Technologies, Inc
- VMware, Inc
- Teradata Corporation
- SAP SE
- ScienceSoft
- Mu Sigma.
- Splunk Inc. (Cisco Systems, Inc.)
- Others
Big Data Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2024, the global big data market attained a value of nearly USD 311.72 Billion.
The market is projected to grow at a CAGR of 14.90% between 2025 and 2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach USD 1088.06 billion by 2034.
The major drivers of the industry include rising population, growing urbanisation, increasing adoption of IoT and allied services by major industrial sectors and investing in research and development.
Rising internet penetration is expected to be a key trend guiding the growth of the industry.
The components of big data available by component are solution and services.
Big data finds applications as customer analytics, operational analytics, fraud detection, compliance, and data warehouse optimisation, amongst others.
Big data can have different end-uses like manufacturing, retail, media and entertainment, healthcare, IT and telecommunication, government, gaming, energy and power, engineering, and construction, amongst others.
The market can be segmented by hardware into storage, network equipment, and server, amongst others.
The deployment modes for the market are on-premises, cloud, and hybrid.
The categories on the basis of organisation size are large enterprises, and small and medium-sized enterprises.
The leading players in this market are Accenture, Cloudera, Inc., OPERA Solutions Inc., EMC, Hewlett Packard Enterprise Development LP, IBM Corporation, Oracle Corporation, Microsoft Corporation, Amazon Web Services, Inc, Google LLC, Dell Technologies, Inc, VMware, Inc, Teradata Corporation, SAP SE, ScienceSoft, Mu Sigma., and Splunk Inc. (Cisco Systems, Inc.), among others.
North America accounted for the largest share in big data market due to the increasing adoption of big data solutions across industries.
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