Global Big data market to reach $48.3bn by 2018: report

by CBR Staff Writer| 22 January 2013

Asia-Pacific region to see an increase in growth of 42.6% by 2018.

According to a report by Transparency research, the global Big data market is expected to reach $48.3bn by 2018, growing at a compound annual growth rate (CAGR) of 40.5%.

The report revealed that North America is expected to maintain the lead in revenues, representing 54.5% of the global big data followed by Europe.

The Asia-Pacific region will be fastest growing market with a CAGR of 42.6% by 2018.

The storage segment is expected to be the fastest growing segment growing at a CAGR of 45.3% from 2012 to 2018, due to anincrease in the amount of data across different sectors.

The media and entertainment sector market share is expected to grow at a CAGR of 41.4% from 2012 to 2018 due to data generated through games, images and videos..


Comments
Post a comment

Comments may be moderated for spam, obscenities or defamation.

Join our network

746 people like this.
0 people follow this.

Intelligence

Suppliers Directory


See more
Privcy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.