Big Data in Global Government & Defense market is
expected to grow at a CAGR of 30% representing in huge opportunities in this sector,
finds a new research report launched by NOVONOUS. This
growth is driven by increasing penetration of big data, increase in analytics
services and availability of affordable big data solution and services to end
users.
Big Data in Government & Defense Industry controls the 7% market
share in terms of revenue in Global Big Data market. It is expected to become seventh
largest industry in terms of it’s market share position in 2020.
Organizations worldwide
are turning their attention to Big Data as a useful means to derive insights
from the huge amount of data generated from various sources. Technologies such
as NoSQL databases and MapReduce/Hadoop frameworks are at the core of the
solutions heralding a paradigm shift.
This research found that
high investment costs, lack of awareness and novelty have been the main threats
for new entrants in the Big Data space. There are a few major players who
control the entire value chain. However, many smaller players have mushroomed
who provide consulting in the Analytics space. This research also found that
most organizations misunderstand Big Data and it is important to educate the
end users through face to face interactions.
To know more about this newly launched market research
report visit Big Data in Global Government & Defense Market: KeyTrends, Market Opportunities and Industry Forecast 2015-2020
Spanning over 102 pages and 75
exhibits, “Big Data in Global Government & Defense Market: Key Trends,
Market Opportunities and Industry Forecast 2015-2020” report presents an
in-depth assessment of the Big Data in Global Government & Defense market
from 2015 till 2020.
The report has detailed company
profiles including their position in big data market value chain, financial
performance analysis, product and service wise business strategy, SWOT analysis
and key customer details for 12 key players in Global market namely TEG
Analytics, Heckyl Technologies, KloudData Inc., Gramener, Germin8, VIS Networks
Pvt. Ltd., Abzooba, Fintellix, Latentview, Indix, Analytic-Edge and Tookitaki.
Scope
of Big Data in Global Government & Defense Market: Key Trends, Market
Opportunities and Industry Forecast 2015-2020 Report
- This report provides detailed information about Big Data in Global Government & Defense market including future forecasts.
- This report identifies the need for focusing on Big Data in Government & Defense market.
- This report provides detailed information on growth forecasts for Big Data in Global Government & Defense market up to 2020.
- The report identifies the growth drivers and inhibitors for Global Big Data market.
- This study also identifies various parts of Big Data value chain.
- This report has detailed profiles 12 key players in Global Big Data market covering their business strategy, financial performance, future forecasts and SWOT analysis.
- This report covers the competitive landscape in Big Data in Global Government & Defense market.
- This report provides Porter's Five Forces analysis for Big Data in Global Government & Defense market.
- This report provides SWOT (strengths, weakness, opportunities and threats) analysis for Big Data in Global Government & Defense market.
- This report also provides strategic recommendations for end users, Big Data service providers and investors.
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