The global big data processing and distribution software market is projected to grow with rising demand in industries to gain actionable insights and increasing organizational data across sectors due to digitalization and automation of business processes. Data generated in enterprises across verticals is growing at a rapid rate. This has led to organizations emphasizing extracting and leveraging insights from the enormous amount of big data generated in various departments to gain a competitive edge. Hence, organizations are looking ahead to adopting big data processing and distribution software solutions, facilitating them to collect, store, analyze, and distribute the massive volume of data. Fast-growing data traffic, cloud computing traffic, and the rapid development of technologies such as artificial intelligence (AI) and the Internet of Things (IoT) contribute to the increasing volume and complexity of data sets, thus demand more big data processing and distribution software. However, security and privacy concerns and lack of awareness of software solutions and professional expertise hinder the market growth.
The major players in the big data processing and distribution software market include Google, Cloudera, Microsoft, IBM, Snowflake, Amazon Web Services, HVR, Qubole, Oracle, Snowplow.
This section of the Big Data Processing and Distribution Software market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Types
- On-Premise
- Cloud-Based
By Application
- Large Enterprises
- SMEs
The big data processing and distribution software market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Source: https://www.valuemarketresearch.com/report/big-data-processing-and-distribution-software-market
Naira Shekhawat has been into Content Writing just after completing her Graduation in English Literature. Her love for words has won her many accolades in her respective jobs ever since. Naira covers business sections for VMR News. She is a traveller by heart and loves writing on food blogs as a freelancer.