Big Data Industry: Global Market Size, Growth, Trends and 2025 Forecast Report
                     Adroit Market Research
Big Data Market 
by Component (Solutions and Services), Function (Finance, 
Human resources, Marketing and Sales, Operations, and Others), 
Industry Vertical (IT & Telecom, BFSI, Retail, Healthcare, 
Government and Defense, Manufacturing, and Others), and 
Region, Global Forecast, 2018 to 2025
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Adroit Market Research
Big Data Market Size to reach $267 billion by 2025
• Growing adoption of technologies and digital transformation in large and small & medium enterprises is the major factor 
driving the growth of the big data market
• The global big data market size is anticipated to reach over USD 267 billion by 2025. In addition, it is expected to exhibit a 
CAGR of over 12% during the forecast period 2020-2025. Big data is major concept that contains billions and trillions of 
data sets and records of various content and information from various sources. Big data services and solutions analyze and 
store unstructured and structured data from numerous IT operations and convert them into significant insights and 
information.
• The existing and future big data market developments are defined to determine the attractiveness of the market. Key 
impacting factors highlight the big data market opportunities throughout the forecast period. Factors such as the reduced 
technology costs and development of open source big data software frameworks are driving the market growth. Also, the 
growing adoption of technologies and digital transformation in large and small & medium enterprises is also a crucial 
factor in boosting the demand for big data solutions and services. 
• However, the complexity in insights extraction and lack of skilled workforce are expected to hamper the market growth. 
Furthermore, the integration of IoT, AI, and blockchain with big data is expected to create lucrative opportunities for the 
market in the upcoming years.
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Adroit Market Research
Big Data Market Size to reach $267 billion by 2025
• The report also highlights numerous aspects of the global big data industry by evaluating the market through value chain 
analysis. Besides, the report covers numerous qualitative aspects of the big data industry in market drivers, restraints, and 
key industry opportunities. Furthermore, the report offers a complete assessment of the market rivalry along with company 
profiling of local as well as global vendors.
• The big data market has strong competition among the well-established as well as new emerging players. Also, the big data 
industry players are targeting prospective markets to capture a competitive advantage over the other industry players by 
forming agreements, mergers & acquisitions, acquiring new startups & other companies, forming collaboration and 
partnerships, and expanding their business presence.
• Based on the component segment, the market is divided into solutions and services. In 2019, the solutions segment 
gathered the highest market revenue and it is anticipated to dominate the big data market throughout the forecast period. 
However, the services segment is expected to gather the highest CAGR throughout the forecast period.
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Adroit Market Research
Big Data Market Size to reach $267 billion by 2025
• The North America region dominated the overall market in 2019 and it is expected to do so throughout the forecast period 
2020-2025. The dominance of this region mainly attributed to the presence of major market players such as Amazon Web 
Services (AWS), IBM, Microsoft, Google, and others in this region. However, the Asia-Pacific region is anticipated to 
experience the highest growth during the forecast period. The growth of this region is mainly accredited to the 
penetration of new technologies such as connected devices, IoT, and the development of the banking & insurance industry 
in this region.
• The major players of the global big data market are Amazon Web Services (AWS), Microsoft, IBM, Google, Salesforce, 
Oracle, SAS, Cloudera, SAP, Teradata. Moreover, the other potential players in the Big Data Market are Fair Isaac 
Corporation, TIBCO Software, Splunk, Micro Focus, and MicroStrategy. The recognized companies are coming up with 
innovative and advanced solutions and services. For instance, In February 2020, Google announced the acquisition of 
Looker, an American data company. With this acquisition, Google is planning to overtake its cloud competitors Microsoft 
and Amazon.
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Adroit Market Research
Segment Overview of Global Big data Market
Component Overview, 2018-2025 (USD Billion)
• Solutions
• Services
Function Overview, 2018-2025 (USD Billion)
• Finance
• Human Resources
• Marketing and Sales
• Operations
• Others
Industry Vertical Overview, 2018-2025 (USD Billion)
• IT & telecom
• BFSI
• Retail
• Healthcare
• Government and Defense
• Manufacturing
• Others
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Adroit Market Research
About Us
Adroit Market Research is an India-based business analytics and consulting company. Our 
target audience is a wide range of corporations, manufacturing companies, product/technology 
development institutions and industry associations that require understanding of a market’s 
size, key trends, participants and future outlook of an industry. We intend to become our 
clients’ knowledge partner and provide them with valuable market insights to help create 
opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At 
our core, we are curious people who love to identify and understand industry patterns, create 
an insightful study around our findings and churn out money-making roadmaps. Our analysts 
have tracked high growth markets in chemicals & materials, healthcare & pharmaceuticals, 
semiconductor & electronics, energy & power, food & retail, consumer goods, technology, and 
machinery & equipment sectors across the world to identify new opportunities, potential 
customers, prepare go-to-market (GTM) strategies, identify segments for revenue growth for 
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