EMIS Emerging Market Information Service IndiaBPO | Page 18

Big Data Market

(graphs show Indian fiscal years)

Global and Indian Big Data Market in 2012
8.0

Comments
? Big Data refers to datasets whose size is beyond the ability of typical database software to capture, store, manage and analyze. It can range from a few dozen terabytes to multiple petabytes, a McKinsey report quoted by the Economic Times of India in Sep 2012, said. ? The big data market in India, which presents huge opportunities for IT services and analytics firms, will grow to USD 1bn in 2015 from USD 200mn in 2012, while global Big Data is set to reach USD 25bn by 2015 from the current USD 8bn, a September 2012 report by NASSCOM and CRISIL said. ? Indian players are likely to build capabilities across the entire spectrum of the Big Data ecosystem, CARE Research said in an April 2013 report. Strong vent