Big Data Market Size, Share, Growth Prospects and Key Opportunities by 2026
According to a research report " Big Data Market Report by Component, Deployment Mode, Organization Size, Business Function (Finance, Marketing & Sales), Industry Vertical (BFSI, Manufacturing, Healthcare & Life Sciences) and Region - Global Forecast to 2026" published by MarketsandMarkets, the Big Data market size is projected to grow from USD 162.6 billion in 2021 to 273.4 USD billion in 2026, at a Compound Annual Growth Rate (CAGR) of 11.0% during the forecast period. The Big Data industry is driven by sharp increase in data volume. However, rise in data connectivity through cloud computing and incorporation of digital transformation in top-level strategies. Based on the Component, solutions segment to account for a larger market size during the forecast period The Big Data market has been segmented by two components: solutions and services. The deployment of Big Data has witnessed an increase in adoption, as serves a variety of purposes, such as ...