SOARING BIG DATA MARKET
Big Data, Big Market
Most studies from experts such as IDC and MarketsandMarkets end up with what everyone of us already knows: a big increase of Big Data volume in our daily lives for the years to come.
Big Data Market
Between 2012 and 2014, the Big Data industry more than doubled in revenue as well as in size. In 2016, the market size grew up to 38 billion U.S. dollars in revenue. This market is expected to grow steadily for the next few years, offering great potential to businesses of any kind.
By 2019 this global data industry should be worth around 55 billion U.S. dollars. And revenue from professional services should climb the highest to 25 billion U.S. dollars.
Among the leading big data vendors in terms of revenue, IBM (2.1 billion U.S. dollars), SAP (890M$), Oracle (745M$), HPE (680M$) and Palantir (672M$) are the top five competitors.
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