Big Data And Analytics Global Market Report 2023 – By Analytics Tools (Dashboard & Data Visualization, SelfService Tools, Data Mining & Warehousing, Reporting, Other Analytics Tools), By Deployment Mode ( OnPremise, Cloud), By End User (BFSI, Retail, Manufacturing, IT And Telecom, Government, Healthcare, Utility, Other End Use Industries),By Application (Customer Analytics, Supply Chain Analytics, Marketing Analytics, Pricing Analytics, Spatial Analytics, Workforce Analytics, Risk & Credit Analytics , Transportation Analytics, Other Applications) – Market Size, Trends, And Global Forecast 2023-2032

Big data and analytics is the use of certain advanced analytics techniques on big data or very large datasets to generate business insights. It begins with data collection with predefined templates and forms, followed by data maintenance, data processing, and data analysis. The main deployment mode of big data and analytics are on-premise and cloud. Cloud analytics is a service that performs data analysis and business intelligence operations in the cloud, either public or private. Cloud analytics firms assist enterprises in rapidly scaling by lowering the costs and administrative burden of on-premises hardware. The services are offered to small and medium-sized enterprises (SMEs), large Enterprises for customer analytics, supply chain analytics, marketing analytics, pricing analytics, spatial analytics, workforce analytics, risk & credit analytics, transportation analytics and others. The services are used by different industrial verticals such as transportation and logistics, BFSI, travel and hospitality, healthcare and life sciences, manufacturing, among others. The global big data and analytics services market is segmented - 1) By Deployment Mode: On-Premise, Cloud, Other Deployment Mode 2) By Application: Customer Analytics, Supply Chain Analytics, Marketing Analytics, Pricing Analytics, Spatial Analytics, Workforce Analytics, Risk & Credit Analytics, Transportation Analytics., Other Applications 3) By Vertical: Transportation And Logistics, BFSI, Travel And Hopitality, Healthcare And Life Sciences, Manufacturing, Other Verticals 4) By Organization Size: Small and Medium-sized Enterprises (SMEs), Large Enterprises The global big data and analytics services market size will grow from $121.65 billion in 2022 to $137.23 billion in 2023 at a compound annual growth rate (CAGR) of 12.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global big data and analytics services is expected to grow to $221.44 billion in 2027 at a CAGR of 12.7%. The increasing growth of integration of internet of things in daily lives is a key factor driving the growth of the big data and analytics services market. When organizations take a hold of the data for the purpose of research, IoT serves as a major source for that data and this is the point where the position of big data in IoT comes into the picture. IoT devices produce a huge amount of unstructured data, which are stored in the big data network and this data largely depends on 3V factors such as volume, velocity and variety. About 44 trillion gigabytes of data is were generated by the Internet of Things in the year 2020. With the increasing number of connected devices, in 2020, more than 10 billion sensors and computers were connected to the Internet. Therefore, increasing growth of internet of things is expected to drive the growth of the big data and analytics services market. Major players in the big data and analytics services market are IBM Corporation, Oracle Corporation, Microsoft Corporation, SAP SE, TIBCO Software Inc., Teradata Corporation, Amazon Web Services, SAS Institute Inc., Tableau Corporation, Alteryx, SiSense, Splunk Inc., Google, AWS, Talend, Salesforce, Micro Focus, HPE, MicroStrategy, Adobe, ThoughtSpot, Qlik, Informatica, Cloudera, Palantir Technologies, VMware Inc., Treasure Data, Inc., Striim, Splice Machine, Pentaho and New Relic. The issues with integration of information collected from various data sources is a key factor hampering the growth of the big data and analytics services market. Big Data Integration integrates data from a variety of sources and software formats and offers a converted and coherent view of the collected data to the consumers. Data from a wide variety of sources use different priorities and rates and can be easily de-synchronized from the source system. For instance, many companies collect data from various sources such as customer relationship management (CRM) systems, enterprise resource planning (ERP) systems and specific types of data stored in different formats. However, such data variability could not be enabled by a single integration platform, everything must be homogenized for accurate and efficient analysis. Therefore, issues with integration of information collected from various data sources is expected to limit the growth of the big data and analytics services market. The continuous intelligence is a key trend in the big data and analytics services market. Continuous intelligence is a device that has combined real-time analytics with business operations, it makes use of historical and current knowledge to improve decision-making or to help make decisions. It leverages a variety of technologies such as optimization, business rule management, event stream processing, augmented analytics, and machine learning. Many companies leveraged continuous intelligence to achieve (or retain) a competitive advantage throughout 2020. Also, Gartner expects that by 2022 more than 50 per cent of the modern business structure will use continuous intelligence that uses real-time context data to improve decisions. In April 2022, Accenture PLC., an Ireland-based provider of consulting and information technology services acquired Ergo for an undisclosed amount. The acquisition is expected to expand Accenture’s Cloud First capabilities to support clients in the Hispanic South American market, which includes Argentina, Chile, and Colombia, in driving data-led transformations. Ergo is an Argentina-based data-centered business. The Asia-Pacific was the largest region in the big data and analytics services market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global big data and analytics services market during the forecast period. The regions covered in the global big data and analytics services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the big data and analytics services market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The big data and analytics services market includes revenues earned by entities by offering services that are used in customer analytics, supply chain analytics, marketing analytics, transportation analytics, spatial analytics, risk and credit analytics. Big data analytics services examine vast amounts of data to uncover hidden trends, similarities, and other insights, enabling organizations to analyze and optimize their data to discover new opportunities. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The data and analytics services market research report is one of a series of new reports from The Business Research Company that provides data and analytics services market statistics, including data and analytics services industry global market size, regional shares, competitors with a data and analytics services market share, detailed data and analytics services market segments, market trends and opportunities, and any further data you may need to thrive in the data and analytics services industry. This data and analytics services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The big data security refer to the tool which protects the data and the analytics processes from attacks, theft, or other malicious activities. Big data security boosts the security of non-relational data scores and helps to implement endpoint security. The main types of components in big data security are solutions and services. The big data security services are designed for protecting critical business data from undesired access or mishandling, and secure a large volume of files from deletion, viruses, and theft. The different deployment modes include on-premises and cloud and involve various organizations such as small, medium enterprises, and large enterprises. It is employed in several sectors including banking, financial services, and insurance (BFSI), manufacturing, IT and telecommunication, aerospace and defense, healthcare, and others. The global big data security market is segmented - 1) By Component: Solutions, Services 2) By Deployment Mode: On-Premises, Cloud 3) By Organization Size: Small & Medium Enterprises, Large Enterprises 4) By End-User: Banking, Financial Services, & Insurance (BFSI), Manufacturing, IT & Telecommunication, Aerospace & Defense, Healthcare, Other End Users The global big data security market size will grow from $28.41 billion in 2022 to $32.62 billion in 2023 at a compound annual growth rate (CAGR) of 14.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the big data security is expected to grow to $55.53 billion in 2027 at a CAGR of 14.2%. The rising cyberattacks are expected to propel the growth of the big data security market going forward. A cyberattack is a malicious and deliberate effort by an individual or organization to breach the data of another individual or business. Big data security helps in controlling cyber crimes by securing the data, as a result, the rise in cyberattacks will increase the demand for the big data security market. For instance, according to the Federal Bureau of Investigation, a US-based Law enforcement agency, in 2020, there were 79.17 lakh cyber-attack complaints of suspected online crime, a rise of more than 3 lakh cyber-attacks from the previous year. Therefore, the rising number of cyber-attacks drives the big data security market growth. Major players in the big data security market are Check Point Software Technologies Ltd., IBM Corporation, Microsoft Corporation, Oracle Corporation, Google LLC, Amazon Web Services Inc., Hewlett Packard Enterprise, Centrify Corporation, Talend, Fireeye, Rapid7, Thales E-Security Inc., McAfee corp, Zettaset Inc., Imperva Inc., LogRhythm Inc., Fortinet Inc., Sisense, Cisco Systems Inc., Varonis, and Informatica. Technological advancements have emerged as a key trend gaining popularity in the big data security market. Major companies operating in the big data security sector are focused on developing new technological solutions to meet consumer demand and strengthen their position. For instance, In July 2020, Google, a US-based technology company launched two new security services to its cloud platform called confidential virtual machines (VMs) and assured workloads. The confidential virtual machine makes use of the cloud's confidential computing technology to provide memory encryption, allowing workloads to be segregated in the cloud. These aid in the provision of advanced security technologies to clients in order to promote compliance and data confidentiality. In September 2022, Google LLC, a US-based multinational technology company acquired Mandiant Inc for a deal of $5.4 billion. Through this acquisition, Google LLC aims to expand its cybersecurity and hybrid-cloud capabilities. Mandiant Inc is a US-based provider of cybersecurity services and software. North America was the largest region in the big data security market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the big data security market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the big data security market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The big data security market includes revenues earned by entities by providing software tools that automate the processes for protecting company data, avoiding data loss due to illegal, safeguarding data against assaults, and guarantees that information is accessible to all members of the organization whenever needed. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The big data security market research report is one of a series of new reports from The Business Research Company that provides big data security market statistics, including big data security industry global market size, regional shares, competitors with a big data security market share, detailed big data security market segments, market trends and opportunities, and any further data you may need to thrive in the big data security industry. This big data security market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The advanced analytics refer to a data analysis methodology that uses predictive modeling, machine learning algorithms, deep learning, business process automation, and other statistical approaches to analyze corporate data from a variety of data sources. Advanced analytics makes use of data science, which includes mature methods of analysis, to forecast future trends and predict the possibility of prospective events. While basic business intelligence and analytics can provide a picture of the business, advanced analytics can estimate future patterns or outcomes for a more in-depth insight into the organization. Advanced analytics provides a broader set of capabilities to cope with difficulties that typical backward-looking BI cannot, allowing for more strategic decision-making in the future. The main types of advanced analytics are big data analytics and predictive analytics. Big data is a discipline concerned with ways of analyzing, methodically extracting information from, or otherwise dealing with data volumes that are too large or complex for standard data-processing application software to manage. It is based on components of services and solutions and can be deployed on-premise and cloud modes. It is used in various organizations such as large enterprises, small and medium-sized enterprises (SMEs), and across various verticals such as banking financial services and insurance (BFSI), IT and telecom, retail and consumer goods, healthcare and life sciences, transportation, and logistics, government and defense, manufacturing, media and entertainment, and other verticals. The global advanced analytics market is segmented - 1) By Type: Big Data Analytics, Predictive Analytics 2) By Component: Solution, Services 3) By Deployment Mode: Cloud, On-Premises 4) By Organization Size: Large Enterprises, Small And Medium-Sized Enterprises (SMEs) 5) By Vertical: Banking Finance Services And Insurance (BFSI), IT And Telecom, Retail And Consumer Goods, Healthcare And Life Sciences, Transportation And Logistics, Government And Defence, Manufacturing, Media And Entertainment, Other Verticals The global advanced analytics market size will grow from $33.47 billion in 2022 to $40.65 billion in 2023 at a compound annual growth rate (CAGR) of 21.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the advanced analytics is expected to grow to $92.9 billion in 2027 at a CAGR of 23.0%. Growing usage of analytical solutions is likely to propel the growth of the advanced analytics market. The analytical solutions are increasingly being used in various industries such as retail, agriculture, banking, and so on for demand forecasting, trade promotion optimization, and behavior analytics. Analytical solutions provide solutions to a problem that has already occurred. However, advanced analytics predicts future instances based on the trends of the past. Both of these are interrelated and when combined provide solutions and forecasts. For instance, in January 2020, according to the Willis Towers Watson Public Limited Company’s survey 2020, a UK-based multinational insurance advisor company, approximately 77% of insurance businesses want to apply advanced analytics on consumer data, and 54% of those organizations have already started doing so. Moreover, due to the usage of advanced analytics, 86% of respondents report seeing a positive impact on bottom-line performance, and 68% report seeing a good impact on top-line performance already. Such rising demand and investments in analytical solutions are expected to drive the advanced analytics market growth. Major players in the advanced analytics market are IBM Corporation, Oracle Corporation, Dell Technologies Inc., Microsoft Corporation, RapidMiner Inc., Altair Engineering Inc., Fair Isaac Corporation, KNIME AG., Statsoft, Teletrac Navman Ltd., Procon Analytics, IMS Software Inc., and CloudMade. Technology advancement is a key trend gaining popularity in the advanced analytics market. Introducing new technologies or technology advancements will help the growth of the advanced analytics market rapidly and provide an enhanced product to the customers. For instance, in August 2021, CROSSMARK, a sales and marketing services agency, announced the national introduction of Accelerator, a state-of-the-art data analysis platform for CPG sales and marketing activities. The product uses big data technology to combine the largest data sets in the CPG industry with best-in-class analytics horsepower to deliver intuitive visualization of analytical tasks critical for smarter selling and faster growth. By employing machine learning (AI) capabilities and integrating new data sources, the platform is designed to grow over time. In February 2021, Trendline Interactive, a digital messaging consulting and professional services firm based in the US, announced the acquisition of Data Insight Group Inc., for an undisclosed amount. This acquisition helps further boost Trendline’s data science and analytics services to better support its customers understand their data and more effectively leverage its value. Data Insight Group (DiG) is a US-based customer data analytics consultancy supporting mid-to-large organizations to make sense of their data to drive customer strategy. North America was the largest region in the advanced analytics market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the advanced analytics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the advanced analytics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The advanced analytics market includes revenues earned by entities by providing services such as data/text mining, machine learning, pattern matching, forecasting, visualization, semantic analysis. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The advanced analytics market research report is one of a series of new reports from The Business Research Company that provides advanced analytics market statistics, including advanced analytics industry global market size, regional shares, competitors with a advanced analytics market share, detailed advanced analytics market segments, market trends and opportunities, and any further data you may need to thrive in the advanced analytics industry. This advanced analytics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Data center colocation refers to a physical location that provides room with sufficient power, cooling, and security to house servers and computer hardware for enterprises. Anything from cabinets to cages to private apartments are included in this capacity. Data center colocation is a method of renting actual office space, network or internet bandwidth, and other services from an existing data center to third parties to set up their own data center. The main types of data center colocation are retail colocation and wholesale colocation. The retail colocation is a space where the consumer takes the space for lease that is within the data center such as rack space within the rack of caged-off area. The different sizes of enterprises include large enterprise and small scale enterprise. It is implemented in various verticals such as BFSI, IT and telecom, government and defense, healthcare, others. The global data center colocation market is segmented - 1) By Type: Retail Colocation, Wholesale Colocation 2) By Enterprise Size: Large Enterprise, Small Scale Enterprise 3) By End-User: BFSI, IT And Telecom, Government And Defense, Healthcare, Other End Users The global data center colocation market size will grow from $55.9 billion in 2022 to $65.55 billion in 2023 at a compound annual growth rate (CAGR) of 17.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the data center colocation is expected to grow to $110.88 billion in 2027 at a CAGR of 14.0%. The high cost of an in-house data center is encouraging companies to adopt data center colocation services which in turn is propelling the demand for the data center colocation market. Colocation services result in significant cost savings as compared to managing an in-house data center. For instance, the average annual cost of operating a large data center ranges from $10 million to $25 million. With data center colocation services, companies can reduce their spending on managing and maintaining an in-house server, which in turn reduces the overall IT expenditure of the companies. Therefore, the high cost of an in-house data center is increasing the demand for the data center colocation market growth. Major players in the data center colocation market are Digital Realty Trust Inc., CyrusOne Inc., Global Switch, Cyxtera Technologies, Equinix Inc., China Telecom Corp. Ltd., Verizon Communication Ltd., AT&T Inc., Rackspace, NTT Ltd., CoreSite Realty Corp., NaviSite, SunGuard Availability Services, Telecity Group, and DuPont Fabros Technology Inc. The introduction of the underwater data center is shaping the data center colocation market. The underwater data center is designed to use renewable electricity from tides and waves. It occupies less land onshore and is capable of using the flowing seawater to efficiently cool the electronics. In January 2021, Beijing Highlander Digital Technology Co, a China-based marine electronic technology products firm, and Guangzhou Shipyard International Co, a China-based shipbuilding enterprise, together introduced an underwater data center that involves the installation of internet facilities such as servers in airtight pressure vessels with the required cooling performance under the surface of the ocean. This underwater data center helps in reducing the amount of energy that is consumed and acts as a sustainable data center solution. In March 2020, Digital Realty, a US-based company that provides colocation and peering services, acquired Interxion for $8.4 billion. The acquisition aims to meet the colocation demands and requirements that are needed for businesses. Interxion is a Netherland-based company that provides carrier and cloud-neutral colocation data center services. North America was the largest region in the data center colocation market in 2022. The regions covered in the data center colocation report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the data center colocation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The data center colocation market includes revenues earned by entities by providing bandwidth requirements while providing shared, secure spaces in cool, monitored environments that are ideal for servers. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The data center colocation market research report is one of a series of new reports from The Business Research Company that provides data center colocation market statistics, including data center colocation industry global market size, regional shares, competitors with a data center colocation market share, detailed data center colocation market segments, market trends and opportunities, and any further data you may need to thrive in the data center colocation industry. This data center colocation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Data governance refers to the process of managing the availability, usability, integrity, and security of the information in enterprise systems, based on internal data standards and policies that control data usage. The main types of components in data governance are solutions and services. Data governance solutions refer to a strategic, ongoing, and collaborative practise that enables organisations to discover and track data, understand what it means within a business context, and maximise its security, quality, and value. Data governance solutions and tools help organisations understand, secure, and trust their data. The solutions are deployed in on-premise and cloud modes by small and medium-sized enterprises (SMEs) and large enterprises. The various applications include incident management, process management, compliance management, risk management, audit management, data quality and security management, and other applications that are used by BFSI, retail and consumer goods, telecom and IT, government, healthcare, manufacturing, energy and utilities, transportation and logistics, and other industry verticals. The global data governance market is segmented - 1) By Component: Solutions, Services 2) By Deployment Model: On-Premise, Cloud 3) By Organisation Size: Small And Medium-Sized Enterprises (SMEs), Large Enterprises 4) By Application: Incident Management, Process Management, Compliance Management, Risk Management, Audit Management, Data Quality And Security Management, Other Applications 5) By Industry Vertical: BFSI, Retail And Consumer Goods, Telecom And IT, Government, Healthcare, Manufacturing, Energy And Utilities, Transportation And Logistics, Other Industry Verticals The global data governance market size will grow from $3.21 billion in 2022 to $3.87 billion in 2023 at a compound annual growth rate (CAGR) of 20.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the data governance is expected to grow to $8.22 billion in 2027 at a CAGR of 20.7%. Rapidly increasing growth in data volumes is contributing to the growth of the data governance market. The expanding number of data-generating devices, such as smartphones, wearable electronics, and a slew of other gadgets with sensors, the popularity of the Internet of Things, cloud computing, and the impending adoption of 5G are all contributing to the exponential growth of data volume. Data governance improves data quality, lowers data management expenses, and increases data scientists', other analysts', and business users' access to needed data. For instance, according to FinancesOnline, a US-based SaaS platform provider, there will be 74 zettabytes of total data in the world by the end of 2021. In addition, 1.145 trillion MB of data will be created every day in 2021. Therefore, the rapidly increasing growth in data volumes is expected to fuel the growth of the data governance market going forward. Major players in the data governance market are IBM Corporation, Oracle, Collibra, Informatica, Talend, TopQuadrant, Alation, TIBCO Software Inc., Varonis, Data Advantage Group, Ataccama, Global Data Excellence, Global IDs, Microsoft Corporation, Adobe Inc., Datum LLC, Infosys Limited, Microfocus, Denodo Technologies, and Amazon Web Services Inc. Strategic partnerships and collaborations have emerged as the key trends gaining popularity in the data governance market. The development of an effective data governance programme will require collaboration and cooperation across several organisations in the enterprise. The foremost among these are the security and analytics teams. For instance, in 2021, Axtria, a US-based provider of cloud software and data analytics company, partnered with Reltio for an undisclosed amount. This collaboration will be able to harness Axtria's experience to strategically alter its sales and marketing processes through competitive insights and predictive analytics. Reltio is a US-based company that provides a cloud-native multi-tenant, multi-domain MDM platform that delivers real-time data at scale. Moreover, in June 2020, Erwin Inc., a US-based company that provides data modeling, data governance, and business process modelling software, partnered with Mikan Associates for an undisclosed amount. This partnership helps organisations adopt data governance solutions. Mikan Associates is a US-based company that provides measurable, impactful data, analytics, and AI-based solutions. In January 2021, Quest Software, a US-based software company, acquired Erwin for an undisclosed amount. This acquisition will broaden Quest's presence in the developing data management and dataops sectors. Erwin is a US-based company that provides data modeling, data governance, and business process modeling software. North America was the largest region in the data governance market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data governance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the data governance market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The data governance market includes revenues earned by entities by providing solutions and services to provide systematic, ongoing, and collaborative practice that enables organizations to find and track their data, understand what it means in a business context, and maximize the security, quality, and value of that data.The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The data governance market research report is one of a series of new reports from The Business Research Company that provides data governance market statistics, including data governance industry global market size, regional shares, competitors with a data governance market share, detailed data governance market segments, market trends and opportunities, and any further data you may need to thrive in the data governance industry. This data governance market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The data center infrastructure management are engaged in the manufacturing of cooling systems, power monitoring systems, and other systems related to the infrastructure management of data centers. Datacenter infrastructure management (DCIM) is a series of technologies that allow for effective data center management and monitoring in terms of capacity, cooling, and power usage and enables officials to properly track and control the facility's various phases. The main types of components in data center infrastructure management are solutions and services. The data center infrastructure management solutions include asset management, network management, cooling management, power management, security management. The different deployment models include on-premises, cloud and are used in small and medium-sized enterprises (SMEs), large enterprises. It is implemented in various sectors such as BFSI, energy, government, healthcare, manufacturing, IT and telecom, and others. The global data center infrastructure management market is segmented - 1) By Component: Solution, Services 2) By Deployment Model: On-Premises, Cloud 3) By Organization Size: Small And Medium-sized Enterprises (SMEs), Large Enterprises 4) By End-User: BFSI, Energy, Government, Healthcare, Manufacturing, IT And Telecom, Other End Users The global data center infrastructure management market size will grow from $2.68 billion in 2022 to $3.37 billion in 2023 at a compound annual growth rate (CAGR) of 25.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the data center infrastructure management is expected to grow to $8.12 billion in 2027 at a CAGR of 24.6%. An increase in data center IP traffic is expected to propel the growth of the data center infrastructure management market in the forecast period. There has been an exponential increase in internet usage and IP traffic in data centers across the globe due to the pandemic and people working from home. According to Vxchange, a US-based company that offers data centers and colocation services data center IP traffic is predicted to reach 20.6 zettabytes (ZB) by the end of 2021. Another article published by International Energy Agency (IEA) in June 2020, states that between February and mid-April 2020, global internet traffic increased by nearly 40% and the majority of the world’s Internet Protocol (IP) traffic goes through data centers with which the global IP traffic is expected to double between 2019 and 2022. This rise in the data center IP traffic is increasing the need for more data centers and in turn, swelling the demand for data center infrastructure management and services. Thus, the surge in data center traffic is expected to boost the data center infrastructure management market growth. Major players in the data center infrastructure management market are ABB Ltd., Cisco Systems Inc., Commscope Inc., Dell Inc., Hewlett Packard Enterprise, IBM Corporation, Modius Inc., Panduit Corporation, Raritan Inc., Schneider Electric SE, Siemens AG, Vertiv Group Co., Nlyte, Delta Electronics Inc., Rittal GmbH & Co. Kg., Stulz GmbH, Microsoft Corporation, ITRACS Corp., VMware Inc., Lenovo Group Ltd., Oracle Corporation, NetApp Inc., Huawei Technologies Co. Ltd., Device42 Inc., Sunbird Software Inc., SynapSense Corp, and Fieldview Solutions. The companies focusing on launching innovative solutions and software platforms are shaping the data center infrastructure management market. Key players are developing integrated technologies and solutions using advanced solutions such as artificial intelligence in data center architecture to unlock the capacity of subsystems and improve operations and maintenance performance. For instance, in February 2020, Huawei, a China-based technology company introduced FusionDC 2.0 based on prefabricated modular technology. To design future-proof data center facilities, FusionDC 2.0 uses the AI-fusion, building-fusion, component-fusion, and digital-fusion concepts. FusionDC 2.0 uses prefabricated modular technologies to standardize and accelerate the development of data centers. It also includes a future-oriented and elastic architecture to assist data centers in responding to changes in power density. In February 2020, Eaton, an Ireland-based company offering electrical, hydraulic, and mechanical applications completed the acquisition of Power Distribution, Inc., (PDI) for an undisclosed amount. Through this acquisition, Eaton will be able to better serve its data center clients and expand its range of data center power distribution and monitoring solutions. Power distribution Inc., is a US-based company that provides power distribution and monitoring solutions for data centers manufacturing, institutional users, and other critical or high-value electrical systems. North America was the largest region in the data center infrastructure management market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data center infrastructure management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the data center infrastructure management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The data center infrastructure management market includes revenues earned by entities that provides cabling systems services, storage infrastructure, data center monitoring. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The data center infrastructure management market research report is one of a series of new reports from The Business Research Company that provides data center infrastructure management market statistics, including data center infrastructure management industry global market size, regional shares, competitors with a data center infrastructure management market share, detailed data center infrastructure management market segments, market trends and opportunities, and any further data you may need to thrive in the data center infrastructure management industry. This data center infrastructure management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Alternative data is characterized as non-traditional data that can give an indicator of a firm's future performance other than conventional sources such as corporate filings, analyst predictions, and management instructions. This information can be utilized in pre-trade investment evaluation as well as to assist investors in monitoring the health of a firm, industry, or nation. The main types of alternative data are credit and debit card transactions, email receipts, geo-location (foot traffic) records, mobile application usage, satellite and weather data, social and sentiment data, web scraped data, and web traffic. Credit card transaction data generates information about consumer purchases, allowing businesses to estimate future spending patterns. Organizations including small and medium-sized enterprises and large enterprises. It is implemented in various verticals such as automotive, BFSI, energy, industrial, IT and telecommunications, media and entertainment, real estate and construction, retail, transportation and logistics. The global alternative data market is segmented – 1) By Data Type: Credit And Debit Card Transactions, Email Receipts, Geo-location (Foot Traffic) Records, Mobile Application Usage, Satellite And Weather Data, Social And Sentiment Data, Web Scraped Data, Web Traffic 2) By Organization Size: Small and Medium-Sized Enterprises, Large Enterprises 3) By Industry: Automotive, BFSI, Energy, Industrial, IT And Telecommunications, Media And Entertainment, Real Estate And Construction, Retail, Transportation And Logistics The global alternative data market grew from $3.23 billion in 2022 to $4.74 billion in 2023 at a compound annual growth rate (CAGR) of 46.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of alternative data is expected to grow to $18.94 billion in 2027 at a CAGR of 41.4%. The rising demand for alternative data from hedge funds is expected to propel the growth of the alternative data market in the coming years. Alternative data (or alt data) is non-financial data that predict financial results. Hedge funds and investment banks are among the top users of alt data as investors seek new data sources to provide speedier insight for improved decision-making. This is primarily since alternative data might aid in understanding the corporate performance and future consequences. According to study in 2020, jointly published by AIMA and SS&C, quizzed nearly 100 hedge fund managers globally, out of which approximately 25% of those surveyed are considered ""market leaders"" - hedge fund managers who have been using alternative data for more than five years and over two-thirds (69%) of these market leaders are using alternative data to generate outperformance. Moreover, in next one to five years, 61% of market leaders and 82% of the rest of the market expect alternative data to become increasingly popular among hedge funds. Therefore, the rising demand for alternative data from hedge funds drives the growth of the alternative data market. Major players in the alternative data market are 1010Data Inc., Advan Research Corporation, Eagle Alpha Ltd., Preqin Ltd., Ravenpack International SL, The Earnest Research Company, Thinknum Inc., UBS Evidence Lab, YipitData, Dataminr Inc., M Science LLC, 7Park Data Inc., Convergence Inc., Geotab Inc., Jumpshot, JWN Energy, and Talkingdata. The launch of next-generation platforms has emerged as a key trend in the alternative data market. Major companies operating in the alternative data sector are focusing on introducing next-generation platforms to deliver new and timely insights to researchers, analysts, and businesses. For instance, in October 2020, ESG Data Services Inc., a Canada-based alternative data provider launched the next generation AI-powered ESG data, research, and analytics platform-ESG Analytics. ESG Analytics is an API and web-based solution that uses artificial intelligence (AI) and broad-based alternative data sources to uncover opportunities and risks in social, environmental, and governance practices of companies, ETFs, and countries. Moreover, for investors going beyond the surface details that everyone else uses, ESG Analytics opens them to a world of deep and relevant analysis. In January 2020, The Earnest Research Company, a US-based data analytics company has acquired Alpha Hat Inc. for an undisclosed amount. The acquisition would allow The Earnest Research Company to demonstrate the insights of the new data products of the highest quality and accuracy. Alpha Hat Inc. is a US-based, mobile geolocation intelligence provider that specializes in refining alternative data into actionable insights for investors. North America was the largest region in the alternative data market in 2022. The regions covered in the alternative data market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the alternative data market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The alternative data market includes revenues earned by entities by providing services such as point-of-sale transactions, web site usage, mobile app or app store analytics, crowdsourcing, and obscure city hall records. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The alternative data market research report is one of a series of new reports from The Business Research Company that provides alternative data market statistics, including alternative data industry global market size, regional shares, competitors with an alternative data market share, detailed alternative data market segments, market trends and opportunities, and any further data you may need to thrive in the alternative data industry. This alternative data market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The in-memory analytics refer to a process of querying data when it resides in the compute’'s random-access memory (RAM), as opposed to querying the data that is stored on physical disks. This results in shortened query response times, allowing analytic applications and business intelligence (BI) to support faster business decisions. In-memory analytics helps in increasing the overall speed of a BI system and provides business-intelligence users with faster answers compared to traditional disk-based business intelligence, particularly for queries that take a long time to process in a large database. The main types of in-memory analytics are solutions and services. The solution segment consists of sales of in-memory analytics solutions by entities (organizations, sole traders, and partnerships) that refer to in-memory analytics solutions, which eliminate the need for data to be copied, stored, or re-housed, and keeps data more secure. The solution offers an in-memory analytics language, RAQL, for analysing data both big and small. The organisation sizes using in-memory analytics are large enterprises, small and medium enterprises (SMEs) that can be deployed on-premise and cloud-based. Applications for in-memory analytics are risk management and fraud detection; sales and marketing optimization; financial management; supply chain optimization; predictive asset management; product and process management; others (network management and workforce management) that can be used across various industries such as BFSI, retail, IT and telecommunications; manufacturing; government and public sector; and other end-user industries. The global in memory analytics market is segmented - 1) By Component: Solution, Service 2) By Organization Size: Large Enterprises, Small and medium Enterprises (SME’s) 3) By Deployment Mode: On-premise, Cloud-Based The global in-memory analytics market size will grow from $3.7 billion in 2022 to $4.66 billion in 2023 at a compound annual growth rate (CAGR) of 25.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the in-memory analytics is expected to grow to $11.83 billion in 2027 at a CAGR of 26.2%. The growing volume of data is expected to drive the growth of the in-memory analytics market. Growing data volume is increasing demand for large space in the system's memory which leads to obstruction and delay in the business process. In-memory analytics is used to minimise the data into samples or reduce the data to a small volume by not changing the actual meaning and increasing the query response time. For instance, the International Data Corporation (IDC), a US-based examiner of the consumer market, estimated that 64.2ZB of data was created or copied in 2020. The amount of data created throughout the next five years will be larger than twice the volume of data created since the advent of digital storage. This is likely to drive the in-memory analytics market growth during the forecast period. Major players in the in-memory analytics market are Amazon Web Services Inc., Oracle Corporation, Qlik Technologies, SAP SE, SAS Institute Inc., Software AG, IBM Corporation, ActiveViam, Kognitio, MicroStrategy Incorporated, ADVIZOR Solutions, EXASOL, SnappyData, Teradata Corporation, and Giga Spaces Technologies Inc.. Technological advancement is a growing trend that is gaining key popularity in the in-memory analytics market. The companies operating in the in-memory analytics market are developing advanced technologies that will help in reducing the time for operation and complexity of the data by providing an enhanced product to their clients. For instance, In December 2020, GigaSpaces, a US-based software company, announced the launch of the InsightEdge portfolio, a new set of in-memory computing platforms that are designed to drive the enterprise digital transformation with unique speed, performance, and scale. Combined with the AIOps functionality, GigaSpaces will deliver effortless management and deployment of a portfolio of software platforms that meet the most stimulating analytics processing and enterprise data needs. AIOps refers to artificial intelligence for IT operations that provides analytics technology and enhances IT operations. In March 2022, Software AG, a Germany-based software company acquired StreamSets Inc for a deal of €524 million (roughly $580 million). Through this acquisition, Software AG aims to expand its product offering in the cloud data integration segment of the data integration market. StreamSets Inc is a US-based software and technology company. North America was the largest region in the in-memory analytics market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the in-memory analytics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the in-memory analytics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The in-memory analytics market includes revenues earned by entities by providing solutions that understand, analyze, and derive insights from data stored in random-access memory (RAM) by utilizing multi-core and multi-thread processor capabilities. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The in-memory analytics market research report is one of a series of new reports from The Business Research Company that provides in-memory analytics market statistics, including in-memory analytics industry global market size, regional shares, competitors with an in-memory analytics market share, detailed in-memory analytics market segments, market trends and opportunities, and any further data you may need to thrive in the in-memory analytics industry. This in-memory analytics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.