Global Big Data Market with Focus on Supply Chain Management 10/14/2013 | Page 13
KEY MARKET TRENDS
The Global Big Data Market was around $6.93bn in 2012 and this is expected to
double to around $12.21bn in 2013. The market is expected to reach $40.4bn by
2018, growing at a CAGR of 27% during 2013 – 2018.
Big data is being used already in various formats and scales in different industry
verticals. While BFSI or the banking and financial sector currently has the highest
market share of around 36%, government and public utilities contribute around 13%
market revenues.
The services industry is in the third position with around 12% market share. The
services industry has the highest market share of around 25% followed by
manufacturing with 24% and retail with 19% currently.
Meanwhile the global big data in supply chain market is expected to increase from
around $0.43bn in 2012 to around $3.7bn in 2018 growing at a CAGR of around
31.4% during 2013 – 2018.
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