Report Format:
|
Pages: NA
In today’s digital economy, big data has become a crucial concept and reveals new market opportunities for prominent players. No matter whether it is public sector, healthcare sector, retail sector, or other sectors, extreme amount of data are generated at a regular time interval which needs to be analyzed for further process enhancement and to identify new forms of economic values hidden in the data.
Market Dynamics
Massive growth in large volume of data, rise in need for enhanced solutions to enable enterprises to transform data into actionable insights, and increase in need to improve processes are anticipated to accelerate the growth of big data market in Germany. However, increasing concerns of data security and Internet privacy are some of the key factors that are limiting the digital transformation of processes across enterprises. This in turn is limiting the adoption of big data solutions and services.
Market Trend
Currently, big data solutions and services adoption in Germany is at its infancy stage. Nevertheless, expenditure on big data solutions, services, and hardware has increased at a significant rate owing to increased demand from advertising and e-commerce sectors. Moreover, big data outsourcing is rapidly gaining traction among organization operating across Germany.
Market Scope
Germany big data market scope includes different level of segments such as by hardware, software, service, and verticals. The Germany big data market can be segmented based on verticals into healthcare, retail, BFSI, public, telecom, and others.
Prominent players in the market are focused towards improving communications and marketing activities to enhance the confidence level among end users regarding the adoption of big data solutions and services. Some of the major players analyzed in the Germany big data market include IBM Corporation, Oracle Corporation, Microsoft Corporation, SAP SE, Accenture, arcplan Information Services GmbH, Ancud It-Beratung Gmbh, CGI, Informatica, and DATA MART Consulting.
This research report on Germany big data market would be produced using first-hand market information gathered from industry experts and major participants across the value chain, during primary research. It would provide broad view of current market trends, growth factors and competitive analysis.