|[October 31, 2013]
Research and Markets: Big Data Market in Europe 2012-2016, with IBM, HP, Teradata and SAP AG Dominating the Industry
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/j9r5zv/big_data_market)
has announced the addition of the "Big
Data Market in Europe 2012-2016" report to their offering.
The Big Data market in Europe to grow at a CAGR of 31.96 percent
over the period 2012-2016.
One of the key factors contributing to this market growth is big data's
ability to analyze data to predict future accurately. The Big Data
market in Europe has also been witnessing the adoption of in-memory
computing. However, the lack of awareness of big data's potential could
pose a challenge to the growth of this market.
As the hardware costs incurred by organizations are declining across the
globe and there is increased demand for real-time computing, in-memory
computing is expected to become popular in the near future. Analysts at
TechNavio predict that 35-40 percent of medium-sized and large
enterprises around the world will adopt in-memory computing by 2016.
In-memory computing will help global organizatons gain competitive
advantage and differentiate their offerings from those of their
competitors. Recently, organizations have benefitted hugely from
real-time computing such as fraud detection, inventory management,
genome analysis, point of sale management, and others, and it is likely
that in-memory computing will create endless opportunities for global
businesses in the next few years.
According to the report, one of the major drivers is the ability to
analyze historical data and make accurate future predictions. Big data
solutions enable IT managers to quickly derive insights from their
collected data and improve the quality of their decisions. In addition,
data analytics helps organizations develop an innovative business
strategy and improve their overall operational efficiency. It also helps
in identifying the risks and opportunities in organizations, enabling
them to plan and perform accordingly.
Further, the report states that the lack of awareness about the full
potential of big data technology is one of the major challenges
confronting this market. IT managers are facing difficulties in finding
and analyzing the right data from the piles of data that have been
stored. Moreover, it is difficult for them to manage data from multiple
The key vendors dominating this market space are:
IBM (News - Alert) Corp.
Key Topics Covered:
01. Executive Summary
02. Scope of the Report
03. Market Research Methodology
04. List of Abbreviations
06. Market Landscape
07. Market Segmentation by Revenue
08. Market Segmentation by End-users
09. Key Leading Countries
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
18. Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/j9r5zv/big_data_market.
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