Global Big Data Market ... 35% growing!

Sheryl_Wharff

The potential growth difference for the big data services market between 2022 and 2027 is USD 153.75 billion, and the growth momentum will be accelerating at a CAGR of 35.68% during the forecast period.

Segmentation Analysis:

The market is segmented by component (solution and services), end-user (BFSI, telecom, retail, and others), and geography (North America, Europe, APAC, South America, and Middle East and Africa).

By component, the market will observe significant growth in the solution segment. Growing competition and the need to understand consumer behavior across numerous channels are increasing the use of big data and big data analytics solutions among businesses. This is one of the key factors driving the growth of the segment.

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https://outlookseries.com/A0769/Science/3960_Technavio_Global_Big_Data_Services_Market_CAGR_35.htm