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Research and Markets: Big Data in Global Telecom Market: Key Trends, Market Opportunities and Industry Forecast 2015-2020
December 11, 2015 Blog big data

Big Data in Global Telecom market is expected to grow at a CAGR of 65% representing in huge opportunities in this sector. This growth is driven by increasing penetration of big data, increase in analytics services and availability of affordable big data solution and services to end users.

Organizations worldwide are turning their attention to Big Data as a useful means to derive insights from the huge amount of data generated from various sources. Technologies such as NoSQL databases and MapReduce/Hadoop frameworks are at the core of the solutions heralding a paradigm shift.

Research found that high investment costs, lack of awareness and novelty have been the main threats for new entrants in the Big Data space. There are a few major players who control the entire value chain.

To read more on this research visit:

http://www.businesswire.com/news/home/20151021006517/en/Research-Markets-Big-Data-Global-Telecom-Market

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