TechNavio's analysts forecast the Global Big Data market to grow at a CAGR of 34.17 percent over the period 2013-2018. One of the key factors contributing to this market growth is the need to upgrade business processes and improve productivity. The Global Big Data market has also been witnessing the increase in market consolidation. However, the lack of awareness about the potential of big data could pose a challenge to the growth of this market.
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TechNavio's report, the Global Big Data Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Big Data market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.