Big Data Applications in Healthcare likely to Propel Market to US$48.3 Bn by 2018

Big Data Applications in Healthcare likely to Propel Market to US$48.3 Bn by 2018

  • Submitted By: john55364
  • Date Submitted: 05/28/2015 11:25 PM
  • Category: Business
  • Words: 1787
  • Page: 8

Transparency Market
Research

Big Data Market - Global Scenario, Trends, Industry
Analysis, Size, Share And Forecast 2012 - 2018

Published Date
2013-01-21

67 Page Report

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Press Release

Big Data Applications in Healthcare likely to Propel Market to
US$48.3 Bn by 2018 : Transparency Market Research
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Big Data Market

REPORT DESCRIPTION

Transparency Market Research announces the release of a new report titled “Big Data Market - Global
Scenario, Trends, Industry Analysis, Size, Share And Forecast 2012 - 2018”. The report states that
registering a remarkable CAGR of 40.5% from 2012 to 2018, the global big data market is likely to grow
from US$6.3 billion in 2012 to US$48.3 billion in 2018.The research report studies the global big data
market by segmenting it on the basis of four criteria: product requirement, component, application, and
geography. By component, the big data market is categorized into hardware, software and services, and
storage. Owing to the growing demand for new big data services and functionality, the segment of
software and services has dominated the overall market, accounting for nearly 50% of the global big data
market in 2012. The storage segment is likely to grow at the fastest pace from 2012 to 2018, registering
an astounding CAGR of 45.3%. Given the massive amount of and the rapid pace at which data is being
generated, storage is most likely to become a major issue in the years to come.
Browse the full Big Data Market report at
http://www.transparencymarketresearch.com/big-data-market.html
The key product requirements of big data include relational database management systems (RDBMS),
structured query language (SQL), Hadoop, and existing database management systems (DBMS).Big data
finds...

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