North America Big Data Market Size, Share, Trends, & Growth Forecast Report By Type (software, hardware, and services), Service (Hadoop-as-a-service (HAAS), data-as-a-service, analytics and visualization-as-a-service), End-User (manufacturing, web, healthcare, telecommunications, oil & gas, transportation, logistics & distribution, media & entertainment, BFSI, and Others) Industry Analysis From 2024 to 2033

Updated On: June, 2024
ID: 9122
Pages: 98

North America Big Data Market Size

The North America Big Data market was valued at USD 67.95 billion in 2024. The north america market is expected to grow from USD 75.99 billion in 2025 to USD 185.87 billion by 2033, growing with a compound annual rate of 11.83% during the forecast period 2025 to 2033. 

The north america Big Data market is expected to grow from USD 75.99 billion in 2025 to USD 185.87 billion by 2033.

Big data generally includes large sets of information that cannot be processed by commonly used software tools, to collect, manage and process data within the elapsed time. Big data is a wide variety of large-scale information assets that require unique forms of information processing for better understanding and decision making. It is a development term that defines a large amount of structured, unstructured and semi-structured data with the potential for information extraction.

MARKET DRIVERS 

The amount of information collected by organizations has grown tremendously in recent years, and the trend continues.

As the adoption of cloud computing has increased, the proliferation of smartphones has created a great deal of data due to rapid technological advances and improved connectivity. Therefore, it is estimated that the big data industry is in high demand to keep up with this data explosion. The growing consumer demand, combined with contractual budgets, is affected by the increase in data, which pushes enterprises to make the right decisions to gain a competitive advantage. 

North America's big data market is driven primarily by the growth of consumer and machine data markets.

The proliferation of details and the volume of information captured by companies, multimedia, social networks and the Internet of things is expected to accelerate the growth of the big data market in the near future. Some of the other drivers that stimulate the growth of the big data market are the need for new applications and integration platforms that take advantage of this technology.

MARKET RESTRAINTS

However, the shortage of qualified personnel, including data analysts and data scientists, needed to take advantage of big data capabilities is expected to reduce demand. There is a massive requirement for professionals who can use big data analysis to make valuable decisions.

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2024 to 2033

Base Year

2024

Forecast Period

2025 to 2033

CAGR

11.83%

Segments Covered

By Type, Service, End-User, and Country

 

Various Analyses Covered

Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Countries Covered

The United States, Canada, Mexico, and Rest of North America

Market Leaders Profiled

International Business Machines Corp., Accenture, Cisco Systems Inc, Dell, Cloudera Inc., EMC Corporation, Oracle Corp, Amazon Web Services Inc., HP, Hitachi Data Systems Corporation, Microsoft, and others.

 

SEGMENTAL ANALYSIS

By Type

North America big data market can be broken down into software, hardware and services. The software segments can be divided into search and visualization tools, databases, Hadoop implementation tools and products, system software and more. The hardware segments can be divided into storage, servers and network equipment. The services can also be classified as consulting services, integration and deployment services, training and outsourcing services. Of these, the software segment is predicted to expand with the highest CAGR in the forecast period.

North America big data market can be broken down into software, hardware and services.

By service

The North American market can be classified as Hadoop-as-a-service (HAAS), data as a service, analysis and visualization as a service. 

By End-user

The North America big data market is classified into manufacturing, web, healthcare, medicine, telecommunications, oil & gas, transportation, logistics and distribution, public and government facilities, media and entertainment, BFSI, and others. All the segments are projected to contribute significantly to the regional market, owing to the increased unstructured data in end-user applications.

REGIONAL ANALYSIS

North American big data market is mainly promoted by countries like Canada and the USA due to the extensive collection of data from structured and unstructured sources. Sectors such as retail and healthcare are an important segment of North America applications, driving the continued demand for Big Data in this market. These sectors also have a significant impact on the growth of new big data products and services.

North American big data market is mainly promoted by countries like Canada and the USA.

Leading Company

IBM is a North American-based company that provides strategic, engineering and analysis services to help organizations maximize data knowledge.

KEY MARKET PARTICIPANTS

The companies in the North America Big Data as a Service market are International Business Machines Corp., Accenture, Cisco Systems Inc, Dell, Cloudera Inc., EMC Corporation, Oracle Corp, Amazon Web Services Inc., HP, Hitachi Data Systems Corporation, Microsoft, and others.

RECENT HAPPENINGS IN THE MARKET

  • Google Cloud spent $ 2.6 billion on Looker purchases, and Salesforce saved $ 15.7 billion on Tableau. Both companies specialize in enterprise-scale data modeling that automates data analysis with interactive reports and visualizations.

  • Netflix uses big data analytics to identify the viewer pattern and suggest recommendations according to consumer choice. Past search and watch data are analyzed to provide the user with appropriate insights.

  • Cloudera recently introduced its new Enterprise 4.0 Big Data Management platform in the market, which includes a new set of tools for deploying and controlling Hadoop systems, enhance automation of complex clusters, and simple integration with a variety of management tools and information sources.

  • Datameer is about to introduce Datameer 2.0, a Big Data analytics software that comprehends data integration, analytics, and visualization into one package with a spreadsheet type interface.

  • Lucid Imagination developed LucidWorks Big Data, an open-source software development system in the cloud for prototyping Big Data applications, which helps enterprises in analyzing loads of unstructured data.

MARKET SEGMENTATION

This research report on the North American Big Data market has been segmented and sub-segmented based on the following categories.

By Type

  •  Hardware
  • Software  
  • Services    

By service

  • Hadoop-As-A-Service         
  • Data-As-A-Service               
  • Analytics and Visualization-As-A-Service    

By End-user

  • Healthcare              
  • Web           
  • Manufacturing      
  • Telecommunications          
  • Oil & Gas  
  • Transportation      
  • Logistics and Distribution  
  • Media & Entertainment    
  • BFSI            

By Region

  • The United States
  • Canada
  • Rest of North America

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Frequently Asked Questions

Which sectors are the largest contributors to the Big Data market in North America?

The largest contributors include the technology, healthcare, financial services, and retail sectors, each leveraging big data analytics to enhance decision-making, optimize operations, and improve customer experiences.

What are the major technological trends driving the Big Data market in North America?

Major trends include the adoption of artificial intelligence (AI) and machine learning (ML), cloud-based data storage solutions, real-time analytics, and the Internet of Things (IoT).

How is the retail industry in North America benefiting from big data analytics?

The retail industry uses big data analytics to enhance customer personalization, optimize supply chain management, forecast demand, and improve inventory management, leading to increased sales and customer satisfaction.

What role does government data policy play in the growth of the Big Data market in North America?

Government policies promoting open data initiatives and investments in smart city projects significantly contribute to the growth of the big data market. These policies facilitate data sharing and innovation across public and private sectors.

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