TechNavio today launched its report Global Big Data Market 2011-2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Enterprise Computing team said; ”The consolidation in the Global Big Data market is increasing. Many large enterprise computing vendors are increasingly acquiring companies to acquire new big data technologies. Larger vendors have targeted smaller companies to expand their business portfolio. Also, major pure-play big data vendors are being acquired by larger enterprise software vendors. Through acquisitions, the large enterprise computing vendors are trying to enhance their capabilities to deliver a comprehensive big data solution.”
According to the report, the demand among organizations for effortless data access is driving the increasing demand for big data solutions. Enterprises are using this data to develop indicator patterns and identify opportunities and threats. The need for secure and easy access to data is met by the various functions of big data solutions such as data recovery and retrieval. Easy accessibility of data is helping large enterprises as well as small and medium enterprises (SMEs) in achieving their corporate goals. In addition, improvements in the development of next-generation products and services also require enterprises to effectively use enterprise big data. Furthermore, greater emphasis on improving decision making is also driving the increasing demand for effective access to big data.
Further, the report also discusses that the difficulty in dealing with unstructured data is one of the major challenges confronting this market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-big-data-market-2011-2015
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TechNavio Announces the Publication of its Report – Global Big Data Market 2011-2015
