Key Driving Insights And Factors Of The Defibrillator Market In Upcoming Years

The global Defibrillator Market is expected to reach USD 18.8 billion by 2025, according to a new report by Grand View Research, Inc. To increase the availability of defibrillators in developed countries, the government is making amendments in their policies to make the product available at various places.

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Training programs and awareness campaigns are conducted at regular intervals, which are increasing awareness about defibrillation and indirectly increasing the demand for home care products as well as public access defibrillators.

The healthcare expenditure at a global level is rising, along with increasing penetration of public and private health insurance. This rise is expected to fuel demand for defibrillators across various end-user segments.

Defibrillator market is driven by innovative processes. For instance, a program under trial in Sweden is likely to deliver AEDs via drones. This is anticipated to reduce the delivery time for defibrillators, thus saving more lives. The growth of this industry can be attributed to new product development, mergers & acquisitions, and rising market penetration.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/defibrillators-market

 Further Key Findings From the Study Suggest:

  • Implantable Convertible Defibrillator (ICD) was the major contributor in the defibrillator industry in 2016
  • External defibrillators recorded the fastest growth in the industry
  • Hospitals were the major contributors in the end-use segment in 2016
  • The public access market was the fastest growing end-user segment of the overall defibrillator industry in 2016
  • North America held a major market share of the defibrillator industry
  • Asia Pacific region is anticipated to exhibit fastest growth in the global defibrillator industry
  • Some of the key players are Medtronic; St. Jude Medical LLC; Boston Scientific Corporation; LivaNova; Koninklijke Philips N.V.; ZOLL Medical Corporation; Cardiac Science; Physio-Control Inc.; Nihon Kohden Corporation; Defibtech LLC; HeartSine Technologies LLC; Progetti Srl; Fukuda Denshi Co., Ltd.; and Schiller AG
  • New product development, mergers & acquisitions, and regional expansion are some of the strategic initiatives undertaken by the key players

Grand View Research has segmented the defibrillator market report by product, end-use, and region:

 Defibrillator Product Outlook (Revenue, USD Million; 2014 – 2025)

  • Implantable Cardioverter Defibrillator
    • S-ICD
    • T-ICD
      • CRT-D
      • Single Chamber
      • Dual Chamber
    • External Defibrillator (ED)
      • Manual ED
      • Automated ED
      • Wearable Cardioverter Defibrillator

Defibrillator End-use Outlook (Revenue, USD Million; 2014 – 2025)

  • Hospital
  • Prehospital
  • Public Access Market
  • Alternate Care Market
  • Home Healthcare

Defibrillator Regional Outlook (Revenue, USD Million; 2014 – 2025)

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • UK.
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Mexico
    • Brazil
  • MEA
    • South Africa

Browse Press release of this Report: www.grandviewresearch.com/press-release/global-defibrillators-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

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Huge Boost For Lead Acid Battery Market Owing To Increasing Utilization Of Energy Storage Systems

The global Lead Acid Battery Market is expected to reach USD 84.46 billion by 2025, according to a new report by Grand View Research, Inc. Expansion of the automotive industry in China, India, Brazil, Mexico, South Africa, Indonesia, and Germany is anticipated to drive industry growth. Furthermore, increasing utilization of energy storage systems and UPS in industries including mining, oil & gas, nuclear power, electricity generation, gas turbine, construction, hospitality, banking, manufacturing, and off-grid renewable is anticipated to drive lead acid battery demand over the forecast period.

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Electric bikes are expected to witness growth at a CAGR of 6% from 2016 to 2025 owing to zero carbon emission and low-cost mobility. Increasing prices of gasoline and diesel fuels are expected to attract more consumers towards using these environment-friendly e-bikes. Furthermore, rising population and traffic congestion are expected to fuel the demand for e-bikes, which, in turn, is likely to boost industry growth over the upcoming years. 

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/lead-acid-battery-market

 Further key findings from the report suggest:

  • Motive power accounted for 24.1% of market share in 2015. These batteries are used in industrial applications including forklifts, golf carts, railroads, and mining vehicles. Increasing requirement for transport vehicles and forklifts mainly in India and China on account of rapid industrialization is expected to propel demand.
  • Telecom sector was the second largest application industry and is projected to grow at a CAGR of 5% from 2016 to 2025. The need for efficient management of wireless connections coupled with continuous maintenance of security levels is anticipated to stimulate the demand for lead acid batteries in the telecom industry.
  • Europe accounted for 24.7% of the global market share in 2015 and is expected to foresee substantial growth over the next nine years. Widespread production of automobiles in countries including Germany, Italy, Sweden, UK, and the Czech Republic along with the presence of major automotive manufacturers, such as Audi, BMW, Mercedes-Benz, Jaguar, Volkswagen, Volvo, and Fiat, in the region is expected to aid in industry expansion.
  • Asia Pacific is projected to witness remarkable growth in light of increasing need for energy storage systems. Rising demand for renewable energy along with favorable support from the government for the development of solar and wind energy is anticipated to drive the usage of energy storage systems. The abovementioned factor is expected to influence product demand over the upcoming years positively, and the market is estimated to be worth USD 39.42 billion by 2025.
  • The industry is competitive in nature with major manufacturers including EnerSys, Johnson Controls, GS YUASA, Exide Technologies, East Penn, and ATLASBX Co., Ltd. dominating the global market. In October 2015, Crown Equipment Corporation launched forklift fleet run by lead acid batteries to lengthen the battery runtime and increase its efficiency.

Grand View Research has segmented the global lead acid battery market on the basis of product, construction method, application and region:

Product Outlook (Revenue, USD Million; 2014 – 2025)

  • SLI
  • Stationary
  • Motive

Construction Method Outlook (Revenue, USD Million; 2014 – 2025)

  • Flooded
  • VRLA

Application Outlook (Revenue, USD Million; 2014 – 2025)

  • Automotive
  • UPS
  • Telecom
  • Electric bikes
  • Transport vehicles
  • Others

Regional Outlook (Revenue, USD Million; 2014 – 2025)

  • North America
    • US.
  • Europe
    • Germany
    • UK
    • Italy
    • Russia
  • Asia Pacific
    • China
    • India
  • Central & South America
    • Brazil
  • MEA
    • South Africa
    • UAE

Browse Press Release of this Report: www.grandviewresearch.com/press-release/global-lead-acid-battery-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Swelling Onshore And Offshore Drilling Activities Are The Major Factor Driving The Market Growth

The global Oil Spill Management Market is expected to reach USD 177.63 billion by 2025, according to a new report by Grand View Research, Inc. Globally increasing onshore and offshore drilling activities are the major factor driving the market growth. Rising oil spill incidents from past five years along with strict environmental regulations are anticipated to remain a key factor for the global market. Moreover, increase in the marine oil & gas transportation globally is also projected to have a positive impact on market growth.

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Stringent government regulations are formed particularly in the Europe and North America for installing safety devices & technologies during drilling and transportation of crude oil. This has resulted in the growth of market regions. The increase in the pipeline and tanker transportation of petroleum products is also anticipated to increase the growth for various oil spill management technologies. In addition, increasing investment in R&D activities by key market players for rapid and efficient oil-spill cleaning is anticipated to drive the market growth over the next nine years.

Skimmers post oil-spill response technique emerged as the major technology segment in the year 2015. The method involves the usage of weir skimmers, oleophilic skimmers, and non-oleophilic skimmers to clean up an oil spill. Strict oil & gas transport regulation along with rising concern regarding product losses in maritime trade is anticipated to positively impact market growth.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/oil-spill-management-market

 Further key findings from the report suggest:

  • The global pre-oil spill management market was worth USD 100.66 billion in 2015. The market is expected to grow at an anticipated CAGR of 3.2% from 2016 to 2025.
  • Pipeline leak detection pre-oil spill technology is expected to be the fastest growing segment and is projected to grow at a CAGR of 4.1 from 2016 to 2025
  • Increasing environmental concern regarding oil spill impacts for instance water contamination and soil fertility is anticipated to drive various innovations to develop efficient systems and technologies that would inform exact location of pipeline leakages
  • Chemical recovery accounted for over 19% of the total response technology market in 2015. The method involves use of dispersing agents, and gelling agents for efficient clean up.
  • North America was the largest oil spill management market in 2015. It is expected to gain share on account of increasing E&P activities particularly in the deep sea.
  • National Oilwell Varco, Cameron International Corporation, Fender & Spill Response Services L.L.C., Ecolab Inc., SkimOil, Inc., Hyundai Heavy Industries Co., Ltd., CURA Emergency Services and COSCO Shipyard Group Co., Ltd. are the prime companies operating in the market.

Grand View Research has segmented the global oil-spill management market on the basis of technology, response technique, application and region:

Technology Outlook (Revenue, USD Million, 2014 – 2025)

  • Pre-oil spill
    • Double-hull
    • Pipeline leak detection
    • Blow-out preventers
    • Others
  • Post-oil spill
    • Mechanical
    • Chemical
    • Biological
    • Others

Post-Oil Spill Management Response Technique Outlook (Revenue, USD Million, 2014 – 2025)

  • Mechanical containment and recovery
    • Containment booms
      • Hard booms
      • Sorbent booms
      • Fire booms
      • Others
    • Skimmers
      • Weir skimmers
      • Oleophilic skimmers
      • Non-oleophilic skimmers
      • Others
    • Sorbent
    • Others
  • Chemical recovery
    • Dispersing agents
    • Gelling agents
    • Others
  • Biological recovery
  • Others

Application Outlook (Revenue, USD Million, 2014 – 2025)

  • Pre-oil spill
    • Onshore
    • Offshore
  • Post-oil spill
    • Onshore
    • Offshore

Regional Outlook (Revenue, USD Million, 2014 – 2025)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • UK
    • Russia
  • Asia Pacific
    • China
    • Japan
  • Central & South America
  • Middle East & Africa

Browse Full Press Release of This Report: https://www.grandviewresearch.com/press-release/global-oil-spill-management-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Pharmacovigilance and Drug Safety Software Functionality Market Outlook Till 2024

The global Pharmacovigilance And Drug Safety Software Market size is expected to reach USD 207.7 million by 2024, according to a new report by Grand View Research, Inc., presenting a CAGR of 6.5% during the forecast period. Increasing number of adverse drug reactions (ADR) is a key factor for market growth. ADR imposes a significant burden on research organizations and companies. To curb this problem, pharmaceutical companies are opting for contract outsourcing of these services.

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Manufacturers are now striving to identify various ways of cost reduction and minimizing operational expenses by gradually shifting from being fully integrated pharmaceutical companies to sharing costs by collaborating with service providers. Outsourcing helps increase internal resource flexibility, improves timelines, and results in better outcomes in short as well as long terms. Outsourcing also helps achieve better pharmacovigilance (PV) through regulatory compliance, higher quality, better productivity, and improved strategic outcomes.

PV service providers, in an attempt to ensure sustainability, are providing customized and end-to-end solutions to meet consumer needs. These firms are also incorporating integrated technologies such as electronic data capture and hosting of PV warehousing for aggregating cross industry data for benefit risk evaluation. Furthermore, the fact that service providers are now operating via a flexible and variable pricing structure and achieving operational excellence through constant product updates is expected to boost usage rates over the forecast period.

To request a sample copy or view summary of this report, click the link below: www.grandviewresearch.com/industry-analysis/pharmacovigilance-software-market 

Further key findings from the report suggest:

  • By functionality, fully integrated software solutions for pharmacovigilance are anticipated to reach USD 25.35 million by 2024, at a CAGR of 7.0% from 2016 to 2024. The ADR reporting software segment, on the other hand, is projected to ascend at a CAGR of 6.4% over the forecast period
  • Based on delivery mode, the on-demand segment dominated the global pharmacovigilance software market with a share of over 52.0% in 2015
  • On the basis of end use, the CROs and BPO segments are slated to witness lucrative growth owing to increasing adoption by outsourcing companies to curb healthcare costs
  • The U.S. PV software market is anticipated to exceed USD 6.45 million by 2024. Asian countries, especially India and China, are also expected to observe remarkable growth in the coming years
  • The market is relatively competitive in nature thanks to presence of global multinational players. It is also consolidated to a certain extent
  • Some of the key companies in the market are United BioSource Corporation; Sparta Systems, Inc.; Oracle Corporation; Ennov Solutions Inc.; Max Application; EXTEDO GmbH; AB Cube; Relsys; Online Business Applications, Inc.; and ArisGlobal.

Grand View Research has segmented the global Pharmacovigilance and drug safety software market on the basis of functionality, delivery mode, end use, and region:

Pharmacovigilance and Drug Safety Software Functionality Outlook (Revenue, USD Million, 2013 – 2024)

  • ADR Reporting
  • Drug Safety Audits
  • Issue Tracking
  • Fully Integrated Software

Pharmacovigilance and Drug Safety Software Delivery Mode Outlook (Revenue, USD Million, 2013 – 2024)

  • On-Premise
  • On-Demand

Pharmacovigilance and Drug Safety Software End-use Outlook (Revenue, USD Million, 2013 – 2024)

  • Pharma & biotech companies
  • CROs
  • BPOs
  • Others

Pharmacovigilance and Drug Safety Software Regional Outlook (Revenue, USD Million, 2013 – 2024)

  • North America
    • US.
    • Canada
  • Europe
    • UK.
    • Germany
  • Asia Pacific
    • Japan
    • China
    • India
  • Latin America
    • Mexico
    • Brazil
  • Middle East & Africa
    • South Africa

Browse Press release of this Report: www.grandviewresearch.com/press-release/global-pharmacovigilance-software-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Enriched Healthcare Facilities And Technologically Advanced Systems Are Expected To Boost Industry Growth

The global Healthcare IT Market is anticipated to reach USD 104.5 billion by 2020, according to a new report by Grand View Research, Inc. Increasing demand for enhanced healthcare facilities and introduction of technologically advanced systems are expected to boost industry growth.

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Increasing geriatric population prone to chronic diseases resulting into high patient base is triggering the demand for sophisticated healthcare facilities. Furthermore, increasing number of patients requiring home healthcare acts as an effective growth driver for this market.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/healthcare-it-market

According to a report published by the U.S. Centers for Disease Control and Prevention (CDC) in 2011, the number of patients needing home healthcare was nearly 4.7 million in the U.S. and is on a constant rise, which is further expected to fuel the healthcare IT market demand.

Advent of technologically advanced software, such as interoperable system and cloud computing, is expected to attract more investors focus on developing integrated healthcare system to curb problems associated with conventional procedures of record keeping. For example, the uses of e-healthcare record system to maintain patient database help to provide instant information about patients’ health in case of emergency.

Telecommunication and telehealth accounted for over 40.0% of the market share owing to the high usage rates in 2013. Introduction of technological advancements such as Teleimmersive Environment for Everybody (TEEVE) and Session Initiation Protocol (SIP) are the factors promoting this segment’s growth.

Electronic Health Records (EHR) is expected to register an upward shift to reach up to USD 26.72 billion in 2020. Growth is primarily driven by the rising demand for integrated information system in the field of healthcare IT. Faster accessibility and low maintenance cost are the two most significant factors contributing towards the rising demand of these EHR systems.

In 2013, North America market was valued at around USD 20.0 billion owing to the factors such as favorable government initiatives pertaining to the introduction of technologically advanced healthcare IT facilities, sophisticated healthcare infrastructure, and increasing patient awareness levels coupled with relatively higher healthcare expenditures in the region.

On the other hand, Asia Pacific healthcare IT market is expected to reach at over USD 19.6 billion by registering lucrative growth rate in 2020. Growth is attributed to the rising healthcare expenditure, larger untapped opportunities, and growing disposable income level.

Prominent players operating in this industry include Athenahealth Inc., GE Healthcare, Agfa Healthcare, Philips Healthcare, E-MDS Inc., Carestream Health McKesson Corporation, Carestream Health eClinicalworks, and Hewlett-Packard.

Grand View Research has segmented the global healthcare IT market on the basis of application and region:

Healthcare IT Application Outlook (Market Revenue in USD Million, 2012 – 2020)

  • Electronic Health Records
  • Computerized Provider Order Entry Systems
  • Electronic Prescribing Systems
  • PACS
  • Lab Information Systems
  • Clinical Information Systems
  • Telemedicine and Telehealth
  • Others

Healthcare IT Regional Outlook (Market Revenue in USD Million, 2012 – 2020)

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Browse Press Release of this Report: www.grandviewresearch.com/press-release/global-healthcare-it-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Varicose Vein Treatment Size And Growth Prospects From 2013 To 2024

The global Varicose Vein Treatment Market is expected to reach USD 475 million by 2024, according to a new report by Grand View Research, Inc. The increasing technological advancements coupled with the increased availability of the advanced varicose vein treatment devices and shift towards less-invasive procedures are the contributing factors for the growth of the market.

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The huge burden of vascular diseases in Europe and North America and the increasing patient compliance and reliability, growth in healthcare expenditure, and the rapid growth in geriatric population is majorly driving the varicose vein procedure market.

The upward trend in lifestyle disorders, such as increasing obesity, sleep disorders, blood pressure levels, hormonal changes, genetic disorders and pregnancy are the few major factors contributing to the peripheral vascular diseases. Untreated venous insufficiency, such as varicose vein and venous ulcers cause progressive syndromes including chronic veinous insufficiency. In 2015, according to FutSci, chronic veinous insufficiency is widespread and is a socially isolating condition caused in adults. It is the most common disease in the world and is estimated to affect 5% of the population in the Western countries.   

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/varicose-vein-treatment-devices-market

 Further key findings from the report suggest:

  • In 2015, the sclerotherapy segment was identified as the most profitable procedure owing to the benefits, such as the requirement of minimal incision and reduced scarring, related to the procedure. Moreover,the following advantages: increased penetration, cost and time efficiency, reduced risk of collateral damage to surrounding tissues, fewer post-operative complications, and painless procedure are the main contributors for the growth of this segment.
  • The endovenous ablation segment is expected to be the fastest growing segment due to the benefits of short treatment time and improved blood circulation after the procedure. The ClosureFast technique in the endovenous ablation treatment segmenthas gained momentum due to the minimized side effects, potential cost-saving ability, and better patient outcomes.
  • In 2015, the endovenous chemoablation or chemical sclerosis segment was the most widely used medical procedure among the ablation procedures. Sclerotherapy, intense-pulsed-light therapy, laser ablation, radiofrequency, and ambulatory phlebectomy are the modern techniques that are usedmore oftendue to their less invasive nature.
  • In 2016, North America held the largest market share due to the increasing incidence rate of varicose and spider vein in the population, favourable reimbursement policies, increased healthcare awareness, government spending, and the rising aesthetic awareness in the region
  • As of 2016, Europe is characterized by a shift towards less-invasive procedures in treating large varicose veins. It is expected to witness a high growth rate over the forecast period due to the favorable government initiatives and advanced treatment procedures.
  • The Asia Pacific is expected to register the fastest growth due to factors, such as the improving healthcare infrastructure, the increase in patient awareness level regarding the benefits of early treatment of the varicose veins, and the rising disposable income
  • Some key players of the market include Quanta Systems S.p.A, Vascular Solutions, Inc., Eufoton S.R.L, Energist Group, Medtronic plc, Dornier MedTech GmbH, Lumenis Ltd., Syneron Medical Ltd., Biolitec AG, and AngioDynamics, Inc.
  • AngioDynamics, Inc. and MerzPharma GmbH & Co. KGaAin North America established a multi-year relationship to market Asclera for patients with peripheral vascular diseases.In the U.S,.MerzPharma GmbH & Co. KGaAserves as the exclusive distributor of the Asclera Injection. Asclera is approved for the treatment of spider and reticular veins, which showed good improvement in 95% of the patients treated with asclera.
  • In 2016, Medtronic plc acquired Italian hemodialysis player Bellco, Inc.This acquisition is projected to enable the medical device giant to gain market position in newly formed renal care solution business.
  • In 2015, Medtronic plc acquired Covidien plc with the objective to move into the additional therapeutic areas, such as chronic venous insufficiency. Covidien plc markets the Venefit procedure that uses radiofrequency energy and minimally invasive radiofrequency ablation to treat the disease.

Grand View Research has segmented the global varicose vein treatment market on the basis of procedures, devices,and regions:

Varicose Vein Treatment Outlook ByType (Revenue, USD Million, 2013 – 2024)

  • Sclerotherapy
  • Endovenous Ablation
    • Laser Ablation
    • Radiofrequency Ablation
  • Stripping

Varicose Vein Treatment Regional Outlook (Revenue, USD Million, 2013 – 2024)

  • North America
    • US.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • India
    • Japan
    • China
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • MEA
    • South Africa
    • Rest of MEA

Browse Full Press Release of This Report: www.grandviewresearch.com/press-release/global-varicose-vein-treatment-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Big Data Market Is Majorly Driven By Growing Adoption Of Cloud Computing

The global Big Data Market is expected to reach USD 123.2 billion by 2025, according to a new report by Grand View Research, Inc. The amount of data flowing across organizations has witnessed enormous growth over the last few years and the trend continues. Evolving consumer demands coupled with contracting budgets are impacted by the proliferating data, which puts considerable pressure on organizations to make the right decision in order to seize a competitive advantage.

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Big data solutions enable organizations to effectively manage large data volumes thereby reducing cost. Additionally, these solutions also facilitate companies to overcome frauds, streamline critical business processes, and reduce errors. Further, the growing need to manage and monitor the heterogeneous nature of the data generated from web clicks to satellite data is also anticipated to significantly propel the industry growth over the next few years.

Increased adoption of cloud computing has generated a large amount of data on account of rapid technological advancements and increased connectivity, owing to smartphone proliferation. Thus, the big data industry is estimated to witness a high demand in order to keep pace with this data explosion. However, lack of skilled manpower including data analysts and data scientists that are required to leverage big data capabilities is expected to hamper the demand. There exists a huge requirement for professionals who are capable of exploiting big data analytics in order to make valuable decisions.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/big-data-industry

 Further key findings from the report suggest:

  • The network equipment segment is expected to witness a healthy growth at a CAGR exceeding 20% over the forecast period, owing to the reinforcement of new network infrastructures in order to offer enhanced security.
  • The visualization segment emerged as the fastest growing software segment over the forecast period, which is ascribed to the elevating demand for visuals to represent the analyzed data and convey exact interpretation to consumers.
  • Media & entertainment and gaming captured a sizeable share exceeding 5% of the overall revenue, which is attributed to the growing number of companies seeking to escalate the value of their assets by integrating creativity with technological breakthroughs.
  • North America accounted for a sizeable revenue share exceeding 30% in 2015, which is attributed to the high penetration, primarily, across the IT & telecommunication, BFSI, and retail sectors.
  • Notable industry players, such as IBM, HP, Cloudera, and Oracle, are gradually investing in R&D, for developing unified big data solutions that offer increased capabilities. These players rely on developing innovation-led solutions to increase productivity and reduce cost in an attempt to attract new customers.

Grand View Research has segmented the big data market based on hardware, software, service, end-use, and region:

Big Data Hardware Outlook (Revenue, USD Million; 2014 – 2025)

  • Storage
  • Server
  • Network Equipment

Big Data Software Outlook (Revenue, USD Million; 2014 – 2025)

  • Analytics
  • Database
  • Visualization
  • Distribution Tools
  • Others

Big Data Service Outlook (Revenue, USD Million; 2014 – 2025)

  • Consulting
  • Deployment & Maintenance
  • Training & Development

Big Data End-Use Outlook (Revenue, USD Million; 2014 – 2025)

  • BFSI
  • Manufacturing
  • Retail
  • Media & Entertainment
  • Gaming
  • Healthcare
  • Telecommunication
  • Government
  • Others

Big Data Regional Outlook (Revenue, USD Million; 2014 – 2025)

  • North America
    • US.
    • Canada
  • Europe
    • UK
    • Germany
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
    • Mexico
  • The Middle East & Africa

Browse Press Release of this Report: www.grandviewresearch.com/press-release/global-big-data-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com