Big Data Market Rises

The total market is expected to grow from $ 14.87 billion in 2013 to $ 46.34 billion by 2018, at an estimated Compound Annual Growth Rate (CAGR) of 25.5 % from 2013 to 2018.

http://www.marketsandmarkets.com/Market-Reports/big-data-market-1068.htmlBig Data has the potential to transform the unstructured data into valuable insight for government, commercial and even niche sectors. Thanks to this technology big data market is growing rapidly and its presence is predicted to be in almost all typical applications such as consumer risk modeling, portfolio analysis, fraud detection, demand forecasting, vendor rating analysis, lead time analysis, log analysis, packet inspection, supplier intelligence, customer churn analysis, traffic management, casino management and maintaining budget and cost intelligence. This concept has dramatically improved enterprises infrastructure and has brought greater accuracy in prediction and management.
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Issued By
v durge
Country
India
Categories
Business
Last Updated
September 17, 2015
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