Increasing volume of unorganized data owing to the phenomenal evolution of social media and interconnected devices, cost-effective services and leading-edge expertise offered by the data service companies, coupled with an increasing requirement for conforming with stringent regulations, are the factors responsible for the growth of the big data and data engineering services market.
Adroit Market Research study on the global market for big data and data engineering services offers a holistic view of the industry from 2020 to 2028 as forecast period, including factors such as market drivers, limitations, opportunities, threats, and regulatory overview. The market has been analyzed from 2018 to 2028, with a base year estimate of 2019 and a projection from 2020 to 2028. The report covers the current status and potential characteristics of the market at both the global and the country level. Moreover, the report also assesses market competition with Porter's analysis of five strengths and places leading players on the basis of their product range, regional presence, strategic initiatives, and overall sales. Prominent players in the global composite resin market have been analyzed in depth.
The Banking, Financial Services, and Insurance (BFSI) sector is likely to hold a significant market share in 2019. Major growth factors are the increasing need to streamline the workload associated with security and the growing dependence on employees for monitoring all financial transactions. The e-commerce and retail industry is also at the forefront in adopting big data and data engineering services, owing to the rising need to manage and store data from several retailers and customers across retail organizations.
Businesses are using evolving solutions and technologies to gain more perceptibility into the multifaceted business data. Through the right solution, one can simplify the business practices with more productivity. Big data & data engineering services enable enterprises to simplify their business methods for quick task resolution, without devoting additional time to mundane tasks. It facilitates enterprises to conserve all the data records and offers the needed privacy and security to the enterprise data which is else a major issue for companies. Therefore, the sales and marketing business function is witnessed to take the most advantages of these solutions.
The key players of global big data and data engineering services market report include- Accenture, Cognizant, Infosys, Genpact, Capgemini, Mphasis, NTT DATA, L&T Technology Services, Happiest Minds, Hexaware, KPMG, EY, LatentView Analytics, and Tiger Analytics.
Key Segments of the Global Big Data And Data Engineering Services Market
Type Overview, 2018-2028 (USD Million)
- Data Modelling
- Data Integration
- Data Quality
Business Function Method, 2018-2028 (USD Million)
- Marketing and Sales
- Human Resource
Vertical 2018-2028 (USD Million)
- Media and Telecommunication
Regional Overview, 2018-2028 (USD Million)
- Rest of Europe
- Rest of Asia-Pacific
Middle East and Africa
- South Africa
- Rest of Middle East and Africa
- Rest of South America