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How has the big data infrastructure market size evolved in recent years?

The expansion of the big data infrastructure industry has been phenomenal in the recent years, with the market size escalating from $209.04 billion in 2024 to an impressive $253.61 billion in the next year, showing a compound annual growth rate (CAGR) of 21.3%. This significant growth from the historical period is credited to the tremendous increase in data, the requirements for business intelligence, regulatory compliance necessities, the emergence of machine learning and AI (artificial intelligence), and augmented connectivity.

What are the predictions for the big data infrastructure market size in the coming years?

The market size of big data infrastructure is projected to experience significant expansion in the coming years, reaching a valuation of $550.16 billion by 2029 with a compound annual growth rate (CAGR) of 21.4%. This expected growth during the prediction period is largely driven by the constant increase in data, advancements in edge computing, improvements in security protocols, the incorporation of Artificial Intelligence in infrastructure oversight, and solutions tailored to specific industries. Noteworthy trends for the forecast period encompass progressive technological developments, the use of cloud technology, the application of both hybrid and multiple cloud approaches, incorporation of containerization and microservices framework, and customization for individual industries.

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What key factors are fueling the growth of the big data infrastructure market?

The big data infrastructure market is predicted to experience significant growth due to the escalating popularity of cloud computing. Cloud computing is the use of the internet to deliver various computing services such as storage, databases, analytics, processing power, networking, and software, facilitating easy access to a flexible collection of computing resources. The rise in cloud computing usage is fueled by an increase in data backup needs, scalability, and a speedy rollout of new services and applications. Big data infrastructure plays an integral part in cloud computing, enabling the handling and study of large, intricate databases, and the analysis of huge data volumes, leveraging the cost-effectiveness, flexibility, and scalability provided by cloud platforms. For example, the European Commission reported in April 2024 that 77.6% of large firms used cloud services in 2023, marking a six percentages point jump from 2021. Among medium businesses, the use of cloud services rose from 53% in 2021 to 59% in 2023. Small firms also observed growth, with usage surging by 3.8 percentage points to 41.7% in the same period. As such, the soaring adoption of cloud computing is fueling the expansion of the big data infrastructure market.

How is the global big data infrastructure market divided into key segments?

The big data infrastructure market covered in this report is segmented –

1) By Type: Storage, Server, Networking

2) By Deployment: Cloud, On Premises, Hybrid

3) By Organization Size: Small And Medium Sized Enterprises (SMEs), Large Enterprises

4) By End-User: Banking Financial Services Insurance (BFSI), Government And Defense, Healthcare And Life Sciences, Information Technology And Telecommunications, Other End-Users

Subsegments:

1) By Storage: On-Premises Storage Solutions, Cloud Storage Solutions, Data Lakes, Object Storage, Network-Attached Storage (NAS)

2) By Server: Rack Servers, Blade Servers, Tower Servers, High-Performance Computing (HPC) Servers, Virtualized Servers

3) By Networking: Switches, Routers, Load Balancers, Network Management Solutions, Software-Defined Networking (SDN) Solutions

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Who are the key firms paving the way for growth in the big data infrastructure market?

Major companies operating in the big data infrastructure market are Google LLC, Microsoft Corporation, Dell Technologies Inc., Amazon Web Services (AWS), Hitachi Data Systems, Intel Corporation, International Business Machine Corporation, Cisco Systems Inc., Oracle Corporation, SAP SE, Hewlett Packard Enterprise (HPE), Palantir Technologies, Teradata Corporation, Informatica LLC, Snowflake Inc., MongoDB Inc., Confluent Inc., Talend SA, Redis Ltd., Cloudera Inc., DataStax Inc., Couchbase Inc., Hortonworks Inc., Clustrix Inc., MapR Technologies India Pvt. Ltd., Syncsort Inc.

Which trends are expected to transform the big data infrastructure market?

Leading entities in the big data infrastructure sector are increasingly turning to strategic partnerships as a way to deliver innovative, cost-efficient options to their clientele. Such partnerships play a crucial role in promoting the use and progressive development of big data infrastructure, which businesses can use to leverage data for competitive edge and organizational expansion. For instance, in October 2023, US-based intelligent data infrastructure company, NetApp Inc., established a partnership with Ducati Corse, an Italian-based sport-inspired motorcycle manufacturer. The partnership aimed to roll out a jointly developed data management and insight solution, geared towards transforming Ducati’s data infrastructure with a view to hasten critical motorcycle racing data analysis. This would facilitate almost instantaneous data dissemination and analytical processes, aimed at boosting software development, design and engineering operations at Ducati. The collaboratively built solution by NetApp and Ducati Corse applies data management principles that could touch on big data infrastructure themes due to the potential enormity and intricacy of the data involved.

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What regions are contributing significantly to the growth of the big data infrastructure market?

North America was the largest region in the big data infrastructure market in 2024. The regions covered in the big data infrastructure market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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