Big Data Platform Market Giants Spending is going to Boom | Teradata, IBM, Oracle, SAS Institute

PRESS RELEASE
Published January 31, 2023

Latest Study on Industrial Growth of Global Big Data Platform Market 2022-2028. A detailed study accumulated to offer Latest insights about acute features of the Big Data Platform market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis.

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Some of the key players profiled in the study are:
Microsoft (United States), Teradata (United States), IBM (United States), Oracle (United States), SAS Institute (United States), Google (United States), Adobe (United States), AWS (United States), SAP (Germany), Salesforce (United States), HPE (United States).

Scope of the Report of Big Data Platform
The global Big Data Platform market expected to witness high demand in the forecasted period due to rising demand for data storage due to CORONA virus crises coupled with increasing the number of work from home users. The big data platform is a type of IT solution that combines the features and capabilities of several big data applications and utilities within a single solution. As the virus continues to intensify with new cases coming out every day, nations affected with coronavirus are also taking major steps to address this by using advanced technologies. According to the World Health Organization (WHO), AI and big data is playing a significant role to control the coronavirus or COVID-19 pandemic.

The titled segments and sub-section of the market are illuminated below:
by Deployment Mode (Cloud (Hybrid Cloud, Private Cloud, Public Cloud), On-Premises), Organization Size (Large Enterprises, Small and Medium-sized Enterprises (SMEs)), Industry Vertical (Banking, Financial Services and Insurance (BFSI), Government and Defense, Healthcare and Life Sciences, Manufacturing, Retail and Consumer Goods, Media and Entertainment, Telecommunication and IT, Transportation and Logistics, Others), Business Function (Finance, Marketing and Sales, Human Resources (HR), Operations), Component (Solutions (Big Data Analytics, Data Discovery, Data Management, Data Visualization, Services (Managed Services,Profession Services))

Market Drivers:
Plummeting Technology Costs and Development of Open Source Big Data Software Frameworks

Market Trends:
Incorporation of Digital Transformation in Top-Level Strategies
Increasing Demand for Data Connectivity Through Hybrid and Multi-Cloud Environments

Opportunities:
Strengthening Regulatory Landscape for Data Protection
The Emergence of Artificial intelligence, IoT, and Blockchain With Big Data

Challenges:
Disconnect Between Consumers and Businesses Giving Rise to Privacy and Security Concerns

Market Leaders and their expansionary development strategies
On 12th February 2020, Oracle has announced the availability of the Oracle Cloud Data Science Platform. At the core is Oracle Cloud Infrastructure Data Science, helping enterprises to collaboratively build, train, manage and deploy machine learning models to increase the success of data science projects.

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Strategic Points Covered in Table of Content of Global Big Data Platform Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Big Data Platform market

Chapter 2: Exclusive Summary – the basic information of the Big Data Platform Market.

Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Big Data Platform

Chapter 4: Presenting the Big Data Platform Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020

Chapter 6: Evaluating the leading manufacturers of the Big Data Platform market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2027)

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

finally, Big Data Platform Market is a valuable source of guidance for individuals and companies.

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