Europe Big Data Market to Post a 28.5% CAGR to 2020, States MicroMarketMonitor in Its New Report Published at MarketPublishers.com
09 Jun 2016 • by Natalie Aster
LONDON – Europe’s big data market is poised to gather speed moving forward, posting a projected CAGR of 28.5% through to 2018. The countries such as the UK and France are set to dominate the market as the local organizations are embracing the big data concept at rate of knots as against the other countries in the region. The European nations are rapidly taking up big data technologies like cloud-based analytics, Hadoop, and scalable data storage solutions. The implementation of big data has also done a power of good to European government to perform their management and administration tasks. The advantages of big data have also appealed to other sectors like oil & gas, and manufacturing, and utilities adopt it for their efficient production process.
Microsoft Corporation, SAS Institute, Oracle Corporation, Amazon Web Services (AWS), SAP SE, International Business Machines (IBM) Corporation, and Hewlett Packard Enterprise are the leading players in the market.
New cutting-edge market research report “Europe Big Data Market” drawn up by MicroMarketMonitor examines the market on a regional scale. It provides detailed market segmentation based on type, vertical, service type, and geography. The study scrutinises the market dynamics shedding light on the key factors fuelling and hindering the sector’s growth. It offers a competitive benchmarking of the dominant players operating in the industry with respect to their product portfolios, key strategies and performance parameters. The research study is targeted to calculating the actual size and the future growth prospects of this marketplace across the versatile solutions, verticals, applications, and geographical regions.
More new market studies elaborated by the publisher are available at MicroMarketMonitor page.