Global Storage in Big Data Market Overview:
Growing preference toward the digitalization of data records among companies from all worldwide locations is one of the key factors stimulating the growth of the market for storage in big data. The market holds remarkable demand avenues from diverse industries such as healthcare, BFSI, IT and telecommunication, transportation, manufacturing, media and entertainment, and others. This situation shows that the vendors working in the global storage in big data market will witness remarkable expansion opportunities in the upcoming years.
Growth Drivers
- Growing preference toward the digitalization of data records among companies
- increasing adoption of software-based storage options
Roadblocks
- High Total cost of ownership of flash storage.
Opportunities
- Increasingly adopting various data storage options
- Increasing digital data volumes
Challenges
- Reduced Budgets for Data Storage
Competitive Landscape:
The global storage in big data market holds the presence of various international players. This scenario makes the competitive landscape of the market for storage in big data extremely intense. To sustain in this competition, new entrants in this are growing their efforts to offer superior quality services at cost-effective rates. Many players in the storage in big data market are growing investments in research and development activities.
Some of the key players profiled in the report are Amazon Web Services (United States), Google Inc. (United States), International Business Machines Corporation (United States), Microsoft Corporation (United States), Oracle Corporation (United States), Dell EMC (United States), Hitachi Data Systems Corporation (United States), VMware, Inc. (United States), Hewlett Packard Enterprise (United States) and Teradata Corporation (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Storage in Big Data market by 2026.
What Can be Explored with the Storage in Big Data Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Storage in Big Data Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Storage in Big Data
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Storage in Big Data market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Storage in Big Data market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Healthcare Organizations, Cloud service providers, Investors and consultants, System Integrators, Government Organizations, Research/Consultancy firms, Technology solution providers and Bank & financial agencies.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.