Big Data Infrastructure Market Forecast to Reach $4.2 Billion by 2026 Use of Big Data Solutions in the Financial Services Sector and Analysis of Conversations in Social Networking Websites Will Propel the Growth of the Big Data Infrastructure Market.
BriefingWire.com, 4/22/2021 - The market for Big Data Infrastructure is forecast to reach $4.2billion by 2026, growing at a CAGR of 32.3% from 2021 to 2026 due to rapid increase in consumer and machine data developments. Big Data is referred as the collection of data sets so large and complex that it is not possible to process it in traditional way. The market will be driven by the growth of structured and unstructured data. Big Data infrastructure is the cornerstone of the enterprises to sort, store, process and analyze the large data sets. An enterprise generates data in large volume with high velocity and veracity which cannot be stored and processed traditionally and this raise