Big data and data engineering services are the processes of preparing data for analytical uses by adopting technologies such as big data. Global big data and data engineering services market size was valued at $29.72 billion in 2017 and is estimated to reach $110.66 billion by 2025 with the CAGR of 17.86% during 2019-2025. Providing service cost effectively, the expertise of cutting edge rendered by data servicing companies, exploring the big data volume and increasing need for adherence requirements of regulatory & compliance are major factors propelling the growth of the market. However, the market is hindering from some key factors such as inconvenience of providing real time data by service providers, issues on data privacy & security and diversity of data. Whereas, the market is expected to grow in the future owing to emerging of new business invitations and growing the range in the volume of data across small and medium enterprises.
Research Study Objectives:
- Define, estimate, and forecast the big data and data engineering services market statistics by business function, service type, organisation size, end user and regions concerning the individual growth drivers, market trends and their contribution toward the big data and data engineering services market growth.
- Provides comprehensive information regarding the key factors influencing the market growth (drivers, restraints & challenges, and opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (mergers and acquisitions), partnerships, and product innovations are provided in the big data and data engineering services market analysis report.
- Analysis and conclusions on the future big data and data engineering services market outlook.
Top-down and bottom-up approaches are used to validate the big data and data engineering services market size and are used to estimate the
size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The big data and data engineering services market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the big data and data engineering services market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The big data and data engineering services market segmentation is as follows:
By Business Function
- Marketing and Sales
- Finance
- Operations
- Human Resources and Legal
By Service Type
- Data Integration
- Data Modelling
- Data Quality
- Analytics
By Organisation Size
- Small and Medium Enterprises
- Large Enterprises
By End User
- Banking, Financial Service, Insurance (BFSI)
- Healthcare and Life Sciences
- Retail and Ecommerce
- Manufacturing
- Media and Telecom
- Government
- Others
Geographical Analysis:
Big data and data engineering services market is segmented by geography into North America, South America, Europe, Asia Pacific and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. Asia Pacific is further categorised
by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the big data and data engineering services market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Big Data and Data Engineering Services Market Research Report Includes:
- An executive summarycondensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOTanalysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant big data and data engineering services, such as
- Accenture PLC
- Infosys Limited
- CTS Corporation
- NTT Data Corporation
- Ernst & Young
Along with these companies, many other companies are considered in the report while analysing the global big data and data engineering services market competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
