Published on : May 09, 2016
ALBANY, New York, May 09, 2016: This latest report to join the lineup of market intelligence documents is titled “Global Big Data in the Manufacturing Sector Market 2016-2020,” and it is a 53 pages report that aims to provide complete knowledge on the current scenario of that market. Using this present age market data and proprietary research methodologies, the report provides the projected market size and revenue generation statistics for the market up to 2020.
The report presents insights into the vast array of solutions that fall under big data, in the form of software, services, and hardware. These solutions are needed to process and assess enterprise level data which is generally too large for conventional processing software.
Sources of data that are included in the global big data market in the manufacturing sector, are enterprise applications, digital repositories, and enterprise mobile devices. The typical size of data generated on a regular basis can exceed terabytes or even exabytes. The services and solutions offered by big data companies can help create an organized structure out of this data, allowing users to gain quick response and access points to the data.
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According to the report, the global big data market in the manufacturing sector will progress at a CAGR of 16.87% during the given forecast period of 2016 to 2020. Pushing this market forward currently is its key driver: a growing need for effective data access solutions across the manufacturing sector.
The global big data market in the manufacturing sector is, however, being hindered by a major concern, which is the overall lack of skilled labor. The proliferation of big data services is yet to reach an optimum level where individuals would be attracted to the profession in larger numbers. While there is a strong possibility that this will happen in the near future, the current market still falls short of trained individuals capable of running these services.
A major trend highlighted in the report and analyzed briefly is the steady proliferation of cloud computing services in big data solutions. Cloud services and big data solutions are conducive to each other’s growth and their combination in the manufacturing sector is no exception.
The report provides a descriptive analysis of the global big data market in the manufacturing sector on the basis of its competitive landscape, within which it elaborates the four key players of the market, along with short discussions on other leading players. The key players described in the report are Oracle, IBM, HP, and EMC. Other important players in the global big data market in the manufacturing sector are Accenture, Amazon Web Services, Capgemini, Datameer, Fujitsu, Hortonworks, Huawei Technologies, Logica, Microsoft, Red Hat, Seagate, Siemens Information Systems, Tata Consultancy Services, and Xerox.
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