The global big data market is forecasted to grow to 103 billion U.S. dollars by 2027, more than double its expected market size in 2018. With a share of 45 percent, the software segment would become the large big data market segment by 2027. What is Big data? Big data is a term that refers to the kind of data sets that are too large or too complex for traditional data processing applications. It is defined as having one or some of the following characteristics: high volume, high velocity or high variety. Fast-growing mobile data traffic, cloud computing traffic, as well as the rapid development of technologies such as artificial intelligence (AI) and the Internet of Things (IoT) all contribute to the increasing volume and complexity of data sets. Big data analytics Advanced analytics tools, such as predictive analytics and data mining, help to extract value from the data and generate new business insights. The global big data and business analytics market was valued at 169 billion U.S. dollars in 2018 and is expected to grow to 274 billion U.S. dollars in 2022. As of November 2018, 45 percent of professionals in the market research industry reportedly used big data analytics as a research method.

The global big data analytics market size was valued at $307.52 billion in 2023 & is projected to grow from $348.21 billion in 2024 to $961.89 billion by 2032

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Big Data Market Size 2025-2029

The big data market size is valued to increase USD 193.2 billion, at a CAGR of 13.3% from 2024 to 2029. Surge in data generation will drive the big data market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 36% growth during the forecast period.
By Deployment - On-premises segment was valued at USD 55.30 billion in 2023
By Type - Services segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 193.04 billion
Market Future Opportunities: USD 193.20 billion
CAGR from 2024 to 2029 : 13.3%

Market Summary

In the dynamic realm of business intelligence, the market continues to expand at an unprecedented pace. According to recent estimates, this market is projected to reach a value of USD 274.3 billion by 2022, underscoring its significant impact on modern industries. This growth is driven by several factors, including the increasing volume, variety, and velocity of data generation. Moreover, the adoption of advanced technologies, such as machine learning and artificial intelligence, is enabling businesses to derive valuable insights from their data. Another key trend is the integration of blockchain solutions into big data implementation, enhancing data security and trust.
However, this rapid expansion also presents challenges, such as ensuring data privacy and security, managing data complexity, and addressing the skills gap. Despite these challenges, the future of the market looks promising, with continued innovation and investment in data analytics and management solutions. As businesses increasingly rely on data to drive decision-making and gain a competitive edge, the importance of effective big data strategies will only grow.

What will be the Size of the Big Data Market during the forecast period?

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How is the Big Data Market Segmented?

The big data industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Deployment

  On-premises
  Cloud-based
  Hybrid


Type

  Services
  Software


End-user

  BFSI
  Healthcare
  Retail and e-commerce
  IT and telecom
  Others


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    UK


  APAC

    Australia
    China
    India
    Japan
    South Korea


  Rest of World (ROW)

By Deployment Insights

The on-premises segment is estimated to witness significant growth during the forecast period.

In the ever-evolving landscape of data management, the market continues to expand with innovative technologies and solutions. On-premises big data software deployment, a popular choice for many organizations, offers control over hardware and software functions. Despite the high upfront costs for hardware purchases, it eliminates recurring monthly payments, making it a cost-effective alternative for some. However, cloud-based deployment, with its ease of access and flexibility, is increasingly popular, particularly for businesses dealing with high-velocity data ingestion. Cloud deployment, while convenient, comes with its own challenges, such as potential security breaches and the need for companies to manage their servers.

On-premises solutions, on the other hand, provide enhanced security and control, but require significant capital expenditure. Advanced analytics platforms, such as those employing deep learning models, parallel processing, and machine learning algorithms, are transforming data processing and analysis. Metadata management, data lineage tracking, and data versioning control are crucial components of these solutions, ensuring data accuracy and reliability. Data integration platforms, including IoT data integration and ETL process optimization, are essential for seamless data flow between systems. Real-time analytics, data visualization tools, and business intelligence dashboards enable organizations to make data-driven decisions. Data encryption methods, distributed computing, and data lake architectures further enhance data security and scalability.

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The On-premises segment was valued at USD 55.30 billion in 2019 and showed a gradual increase during the forecast period.

With the integration of AI-powered insights, natural language processing, and predictive modeling, businesses can unlock valuable insights from their data, improving operational efficiency and driving growth. A recent study reveals that the market is projected to reach USD 274.3 billion by 2022, underscoring its growing importance in today's data-driven economy. This continuous evolution of big data technologies and solutions underscores the need for robust data governa

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Big Data Services Market Size 2025-2029

The big data services market size is forecast to increase by USD 604.2 billion, at a CAGR of 54.4% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing adoption of big data in various industries, particularly in blockchain technology. The ability to process and analyze vast amounts of data in real-time is revolutionizing business operations and decision-making processes. However, this market is not without challenges. One of the most pressing issues is the need to cater to diverse client requirements, each with unique data needs and expectations. This necessitates customized solutions and a deep understanding of various industries and their data requirements. Additionally, ensuring data security and privacy in an increasingly interconnected world poses a significant challenge. Companies must navigate these obstacles while maintaining compliance with regulations and adhering to ethical data handling practices. To capitalize on the opportunities presented by the market, organizations must focus on developing innovative solutions that address these challenges while delivering value to their clients. By staying abreast of industry trends and investing in advanced technologies, they can effectively meet client demands and differentiate themselves in a competitive landscape.

What will be the Size of the Big Data Services Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free SampleThe market continues to evolve, driven by the ever-increasing volume, velocity, and variety of data being generated across various sectors. Data extraction is a crucial component of this dynamic landscape, enabling entities to derive valuable insights from their data. Human resource management, for instance, benefits from data-driven decision making, operational efficiency, and data enrichment. Batch processing and data integration are essential for data warehousing and data pipeline management. Data governance and data federation ensure data accessibility, quality, and security. Data lineage and data monetization facilitate data sharing and collaboration, while data discovery and data mining uncover hidden patterns and trends. Real-time analytics and risk management provide operational agility and help mitigate potential threats. Machine learning and deep learning algorithms enable predictive analytics, enhancing business intelligence and customer insights. Data visualization and data transformation facilitate data usability and data loading into NoSQL databases. Government analytics, financial services analytics, supply chain optimization, and manufacturing analytics are just a few applications of big data services. Cloud computing and data streaming further expand the market's reach and capabilities. Data literacy and data collaboration are essential for effective data usage and collaboration. Data security and data cleansing are ongoing concerns, with the market continuously evolving to address these challenges. The integration of natural language processing, computer vision, and fraud detection further enhances the value proposition of big data services. The market's continuous dynamism underscores the importance of data cataloging, metadata management, and data modeling for effective data management and optimization.

How is this Big Data Services Industry segmented?

The big data services industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. ComponentSolutionServicesEnd-userBFSITelecomRetailOthersTypeData storage and managementData analytics and visualizationConsulting servicesImplementation and integration servicesSupport and maintenance servicesSectorLarge enterprisesSmall and medium enterprises (SMEs)GeographyNorth AmericaUSMexicoEuropeFranceGermanyItalyUKMiddle East and AfricaUAEAPACAustraliaChinaIndiaJapanSouth KoreaSouth AmericaBrazilRest of World (ROW).

By Component Insights

The solution segment is estimated to witness significant growth during the forecast period.Big data services have become indispensable for businesses seeking operational efficiency and customer insight. The vast expanse of structured and unstructured data presents an opportunity for organizations to analyze consumer behaviors across multiple channels. Big data solutions facilitate the integration and processing of data from various sources, enabling businesses to gain a deeper understanding of customer sentiment towards their products or services. Data governance ensures data quality and security, while data federation and data lineage provide transparency and traceability. Artificial intelligence and machine learning algo

The India Big Data Technology and Service Market Report is Segmented by Type (Solution, Services), Deployment Model (On-Premise, Cloud, Hybrid), Organization Size (Small and Medium Enterprise, Large Enterprise), and End-User Vertical (BFSI, Retail and E-Commerce, Telecom and IT, Media and Entertainment, and More). The Market Forecasts are Provided in Terms of Value (USD).

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Big Data As A Service Market Size 2025-2029

The big data as a service market size is forecast to increase by USD 75.71 billion, at a CAGR of 20.5% between 2024 and 2029.

The Big Data as a Service (BDaaS) market is experiencing significant growth, driven by the increasing volume of data being generated daily. This trend is further fueled by the rising popularity of big data in emerging technologies, such as blockchain, which requires massive amounts of data for optimal functionality. However, this market is not without challenges. Data privacy and security risks pose a significant obstacle, as the handling of large volumes of data increases the potential for breaches and cyberattacks. Edge computing solutions and on-premise data centers facilitate real-time data processing and analysis, while alerting systems and data validation rules maintain data quality.
Companies must navigate these challenges to effectively capitalize on the opportunities presented by the BDaaS market. By implementing robust data security measures and adhering to data privacy regulations, organizations can mitigate risks and build trust with their customers, ensuring long-term success in this dynamic market.

What will be the Size of the Big Data As A Service Market during the forecast period?

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The market continues to evolve, offering a range of solutions that address various data management needs across industries. Hadoop ecosystem services play a crucial role in handling large volumes of data, while ETL process optimization ensures data quality metrics are met. Data transformation services and data pipeline automation streamline data workflows, enabling businesses to derive valuable insights from their data. Nosql database solutions and custom data solutions cater to unique data requirements, with Spark cluster management optimizing performance. Data security protocols, metadata management tools, and data encryption methods protect sensitive information. Cloud data storage, predictive modeling APIs, and real-time data ingestion facilitate agile data processing.
Data anonymization techniques and data governance frameworks ensure compliance with regulations. Machine learning algorithms, access control mechanisms, and data processing pipelines drive automation and efficiency. API integration services, scalable data infrastructure, and distributed computing platforms enable seamless data integration and processing. Data lineage tracking, high-velocity data streams, data visualization dashboards, and data lake formation provide actionable insights for informed decision-making.
For instance, a leading retailer leveraged data warehousing services and predictive modeling APIs to analyze customer buying patterns, resulting in a 15% increase in sales. This success story highlights the potential of big data solutions to drive business growth and innovation.

How is this Big Data As A Service Industry segmented?

The big data as a service industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Data Analytics-as-a-service (DAaaS)
  Hadoop-as-a-service (HaaS)
  Data-as-a-service (DaaS)


Deployment

  Public cloud
  Hybrid cloud
  Private cloud


End-user

  Large enterprises
  SMEs


Geography

  North America

    US
    Canada
    Mexico


  Europe

    France
    Germany
    Russia
    UK


  APAC

    China
    India
    Japan


  Rest of World (ROW)

By Type Insights

The Data analytics-as-a-service (DAaas) segment is estimated to witness significant growth during the forecast period. The data analytics-as-a-service (DAaaS) segment experiences significant growth within the market. Currently, over 30% of businesses adopt cloud-based data analytics solutions, reflecting the increasing demand for flexible, cost-effective alternatives to traditional on-premises infrastructure. Furthermore, industry experts anticipate that the DAaaS market will expand by approximately 25% in the upcoming years. This market segment offers organizations of all sizes the opportunity to access advanced analytical tools without the need for substantial capital investment and operational overhead. DAaaS solutions encompass the entire data analytics process, from data ingestion and preparation to advanced modeling and visualization, on a subscription or pay-per-use basis. Data integration tools, data cataloging systems, self-service data discovery, and data version control enhance data accessibility and usability.

The continuous evolution of this market is driven by the increasing volume, variety, and velocity of data, as well as the growing recognition of the business value that can be derived from data insights. Organizations across var

The global Big Data Storage Solutions market is poised for significant expansion, projected to reach an estimated $110,000 million in 2025. This robust growth is underpinned by a projected Compound Annual Growth Rate (CAGR) of 22% from 2019 to 2033, indicating a sustained and accelerated demand for advanced data storage capabilities. Key drivers fueling this expansion include the exponential increase in data generation across all sectors, the growing imperative for data-driven decision-making, and the escalating adoption of cloud computing. Businesses are increasingly leveraging big data analytics to gain competitive advantages, optimize operations, and understand customer behavior, all of which necessitate sophisticated and scalable storage solutions. Emerging trends such as the proliferation of IoT devices, the rise of artificial intelligence and machine learning, and the continuous need for real-time data processing are further augmenting market demand. The market is witnessing a strong shift towards cloud-based storage solutions due to their inherent flexibility, cost-effectiveness, and scalability, although on-premise solutions continue to hold relevance for organizations with stringent data security and regulatory compliance requirements. While the market presents substantial opportunities, several restraints could impact its trajectory. The high cost of initial implementation for some advanced big data storage technologies and the ongoing challenges related to data security and privacy remain significant concerns for many organizations. Furthermore, the shortage of skilled professionals capable of managing and analyzing big data can hinder widespread adoption. Despite these challenges, the market is characterized by intense competition among prominent players like Cloudera, Amazon, Google, and Hortonworks, who are continuously innovating and offering diverse solutions catering to various enterprise needs. The market is segmented by application, with Large Enterprises and Small and Medium Enterprises (SMEs) both presenting considerable growth potential, driven by their respective needs for data management and analysis. Geographically, North America and Asia Pacific are anticipated to lead the market in terms of revenue, owing to early adoption of big data technologies and a strong presence of technology-driven industries.

The Big Data Services market, valued at $32.51 billion in 2025, is experiencing robust growth, projected to expand at a Compound Annual Growth Rate (CAGR) of 27.81% from 2025 to 2033. This explosive growth is fueled by several key drivers. The increasing volume and variety of data generated across industries necessitate sophisticated solutions for storage, processing, and analysis. The rise of cloud computing provides scalable and cost-effective infrastructure for Big Data initiatives, further accelerating market expansion. Furthermore, the growing adoption of advanced analytics techniques, such as machine learning and artificial intelligence, is driving demand for Big Data services to extract valuable insights from complex datasets. This allows businesses to make more informed decisions, optimize operations, and gain a competitive edge. While data security and privacy concerns represent a potential restraint, the market's overall trajectory remains strongly positive. The market is segmented by service type (consulting, implementation, integration, managed services), deployment model (cloud, on-premise), organization size (small, medium, large), and industry vertical (BFSI, healthcare, retail, manufacturing). Key players like IBM, Microsoft, Oracle, and Amazon Web Services are fiercely competitive, investing heavily in research and development to maintain market leadership. The forecast period (2025-2033) anticipates continued high growth, driven by increasing digital transformation across sectors. Businesses are leveraging Big Data to personalize customer experiences, improve operational efficiency, and develop new revenue streams. The expansion into emerging economies will also contribute significantly to market expansion, as these regions adopt Big Data technologies at a rapid pace. However, the successful implementation of Big Data initiatives relies on skilled professionals. Addressing the talent gap through robust training and development programs will be crucial for sustaining this rapid growth. Competitive pricing strategies and the emergence of innovative service offerings will shape the competitive landscape. The market’s long-term outlook remains exceptionally strong, driven by technological advancements and the ever-increasing reliance on data-driven decision-making. Recent developments include: May 2023 : Microsoft has introduced Microsft fabric an softend-to-end, Unified Analytics Platform, which enables organisations to integrate all data and analytical tools they need, Where By making it possible for data and business professionals to unlock their potential, as well as lay the foundation for an era of Artificial Intelligence, fabric creates a single unified product that brings together technologies like Azure Data Factory, Azure Synapse Analytics, and Power BI., November 2022: Amazon Web Services, Inc. (AWS) released five new features in its database and analytics portfolios. These updates enable users to manage and analyze data at a petabyte scale more efficiently and quickly, simplifying the process for customers to operate the high-performance database and analytics workloads at scale., October 2022: Oracle introduced the Oracle Network Analytics Suite, which includes a new cloud-native portfolio of analytics tools. This suite enables operators to make more automated and informed decisions regarding the performance and stability of their entire 5G network core by combining network function data with machine learning and artificial intelligence.. Key drivers for this market are: Increasing Cloud Adoption And Rise In The Data Volume Generated, Increasing Demand For Improving Organization's Internal Efficiency; Growing Adoption of Private Cloud. Potential restraints include: Increasing Cloud Adoption And Rise In The Data Volume Generated, Increasing Demand For Improving Organization's Internal Efficiency; Growing Adoption of Private Cloud. Notable trends are: Growing Adoption of Private Cloud is Driving the Market.

The research & publication Big Data Analytics in Business for Marketing Research: A Retrospective of Domain and Knowledge Structure, which was indexed by Scopus between 2011 to 2024. The data contains 448 documents data: authors, authors ID Sggggg, title, year, source title, volume, issue, article number in Scopus DOJ, link, affiliation, abstract, index keywords, references, corespondence address, editors, publisher, conference name, conference date, conference code, ISSN. language, document type, access type, and EID

The Big Data consulting market is experiencing robust growth, driven by the increasing adoption of big data analytics across various industries. The market, estimated at $50 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 15% from 2025 to 2033, reaching an impressive $150 billion by 2033. This expansion is fueled by several key factors. Firstly, the exponential growth of data generated across sectors, coupled with the need for businesses to extract actionable insights for strategic decision-making, is creating substantial demand for expert consulting services. Secondly, advancements in cloud computing and big data technologies are enabling more efficient and cost-effective data analysis, further stimulating market growth. Finally, the rising adoption of artificial intelligence (AI) and machine learning (ML) in big data analytics is significantly enhancing the value proposition of big data consulting services, attracting a wider range of clients. Key segments driving growth include financial services, healthcare, and retail, which are leveraging big data analytics for improved risk management, personalized medicine, and enhanced customer experiences respectively.
Despite the favorable growth trajectory, the market faces certain restraints. The high cost of implementation, the need for specialized skills, and data security concerns can hinder wider adoption. However, the increasing availability of skilled professionals through specialized training programs and the development of robust data security frameworks are expected to mitigate these challenges in the long term. Major players such as ScienceSoft, InData Labs, TCS, Accenture, AWS, Dell, HP, IBM, Oracle, SAP, and Teradata are competing intensely, leading to innovation and competitive pricing within the market. The North American region currently dominates the market due to high technological adoption and strong presence of major players, but regions like Asia-Pacific are expected to witness significant growth in the coming years owing to rapid digitalization and increasing investment in big data infrastructure. The overall outlook for the Big Data consulting market remains positive, with sustained growth expected throughout the forecast period.

This dataset contains the Julia code package for the Bayesian SVM algorithm described in the ECML PKDD 2017 paper; Wenzel et al.: Bayesian Nonlinear Support Vector Machines for Big Data.Files are provided in .jl format; containing Julia language code: a high-performance dynamic programming language for numerical computing. These files can be accessed by openly available text edit software. To run the code please see the description below or the more detailed wiki BSVM.jl - contains the module to run the Bayesian SVM algorithm.AFKMC2.jl - File for the Assumption Free K MC2 algorithm (KMeans)KernelFunctions.jl - Module for the kernel typeDataAccess.jl - Module for either generating data or exporting from an existing datasetrun_test.jl and paper_experiments.jl - Modules to run on a file and compute accuracy on a nFold cross validation, also to compute the brier score and the logscoretest_functions.jl and paper_experiment_functions.jl - Sets of datatype and functions for efficient testing.ECM.jl - Module for expectation conditional maximization (ECM) for nonlinear Bayesian SVMFor datasets used in the related experiments please see https://doi.org/10.6084/m9.figshare.5443621RequirementsThe BayesianSVM only works for version of Julia > 0.5. Other necessary packages will automatically be added in the installation. It is also possible to run the package from Python, to do so please check Pyjulia. If you prefer to use R you have the possibility to use RJulia. All these are a bit technical due to the fact that Julia is still a young package.InstallationTo install the last version of the package in Julia run Pkg.clone("git://github.com/theogf/BayesianSVM.jl.git")Running the AlgorithmHere are the basic steps for using the algorithm : using BayesianSVM Model = BSVM(X_training,y_training) Model.Train() y_predic = sign(Model.Predict(X_test)) y_uncertaintypredic = Model.PredictProb(X_test) Where X_training should be a matrix of size NSamples x NFeatures, and y_training should be a vector of 1 and -1You can find a more complete description in the WikiBackgroundWe propose a fast inference method for Bayesian nonlinear support vector machines that leverages stochastic variational inference and inducing points. Our experiments show that the proposed method is faster than competing Bayesian approaches and scales easily to millions of data points. It provides additional features over frequentist competitors such as accurate predictive uncertainty estimates and automatic hyperparameter search.Please also check out our github repository:github.com/theogf/BayesianSVM.jl

BackgroundClinical data is instrumental to medical research, machine learning (ML) model development, and advancing surgical care, but access is often constrained by privacy regulations and missing data. Synthetic data offers a promising solution to preserve privacy while enabling broader data access. Recent advances in large language models (LLMs) provide an opportunity to generate synthetic data with reduced reliance on domain expertise, computational resources, and pre-training.ObjectiveThis study aims to assess the feasibility of generating realistic tabular clinical data with OpenAI’s GPT-4o using zero-shot prompting, and evaluate the fidelity of LLM-generated data by comparing its statistical properties to the Vital Signs DataBase (VitalDB), a real-world open-source perioperative dataset.MethodsIn Phase 1, GPT-4o was prompted to generate a dataset with qualitative descriptions of 13 clinical parameters. The resultant data was assessed for general errors, plausibility of outputs, and cross-verification of related parameters. In Phase 2, GPT-4o was prompted to generate a dataset using descriptive statistics of the VitalDB dataset. Fidelity was assessed using two-sample t-tests, two-sample proportion tests, and 95% confidence interval (CI) overlap.ResultsIn Phase 1, GPT-4o generated a complete and structured dataset comprising 6,166 case files. The dataset was plausible in range and correctly calculated body mass index for all case files based on respective heights and weights. Statistical comparison between the LLM-generated datasets and VitalDB revealed that Phase 2 data achieved significant fidelity. Phase 2 data demonstrated statistical similarity in 12/13 (92.31%) parameters, whereby no statistically significant differences were observed in 6/6 (100.0%) categorical/binary and 6/7 (85.71%) continuous parameters. Overlap of 95% CIs were observed in 6/7 (85.71%) continuous parameters.ConclusionZero-shot prompting with GPT-4o can generate realistic tabular synthetic datasets, which can replicate key statistical properties of real-world perioperative data. This study highlights the potential of LLMs as a novel and accessible modality for synthetic data generation, which may address critical barriers in clinical data access and eliminate the need for technical expertise, extensive computational resources, and pre-training. Further research is warranted to enhance fidelity and investigate the use of LLMs to amplify and augment datasets, preserve multivariate relationships, and train robust ML models.

The European Healthcare Big Data Analytics market is booming, with a 19% CAGR. This in-depth analysis explores market size, key drivers, trends, restraints, and leading companies, offering valuable insights for stakeholders. Discover the future of healthcare analytics in Europe. Recent developments include: May 2022 : The European Health Data Space was introduced by the European Commission (EHDS). The EHDS should assist the EU in significantly improving how healthcare is supplied to people throughout Europe. People should be able to manage and use their health information in their nation or another Member State. It should promote a single market for services and goods related to digital health. Additionally, it should guarantee complete adherence to the stringent data protection requirements set by the EU and provide a consistent, reliable, and effective framework for using health data for research, innovation, policy-making, and regulatory activities., November 2022 : The largest health services provider in Israel, Clalit, and IQVIA, a leading global provider of advanced analytics, technological solutions, and clinical research services to the life sciences sector, have announced a long-term partnership. The partnership assures IQVIA it can meet the pharmaceutical industry's interest in Israel as a top location for research and innovation by combining Clalit's aim to improve policy and healthcare with IQVIA's Connected Intelligence.. Key drivers for this market are: Reduced Cost of Care and Prediction of Possible Emergency Services, Increasing Evidence-based Activities and Shift from Volume- to Value-based Commissioning. Potential restraints include: Reduced Cost of Care and Prediction of Possible Emergency Services, Increasing Evidence-based Activities and Shift from Volume- to Value-based Commissioning. Notable trends are: Clinical Data Analytics to Witness Significant Growth Over the Forecast Period.

What exactly is data analytics and do you want to learn so Visit BookMyShiksha they provide the Best Data Analytics Course in Delhi, INDIA. Analytics can be defined as "the science of analysis." A more practical definition, however, would be how an entity, such as a business, arrives at an optimal or realistic decision based on available data. Business managers may choose to make decisions based on past experiences or rules of thumb, or there may be other qualitative aspects to decision-making. Still, it will not be an analytical decision-making process unless data is considered.

Analytics has been used in business since Frederick Winslow Taylor pioneered time management exercises in the late 1800s. Henry Ford revolutionized manufacturing by measuring the pacing of the assembly line. However, analytics gained popularity in the late 1960s, when computers were used in decision support systems. Analytics has evolved since then, with the development of enterprise resource planning (ERP) systems, data warehouses, and a wide range of other hardware and software tools and applications.

Analytics is now used by businesses of all sizes. For example, if you ask my fruit vendor why he stopped servicing our street, he will tell you that we try to bargain a lot, which causes him to lose money, but on the road next to mine, he has some great customers for whom he provides excellent service. This is the nucleus of analytics. Our fruit vendor TESTED servicing my street and realised he was losing money - within a month, he stopped servicing us and will not show up even if we ask him. How many companies today are aware of who their MOST PROFITABLE CUSTOMERS are? Do they know who their most profitable customers are? And, knowing which customers are the most profitable, how should you direct your efforts to acquire the MOST PROFITABLE customers?

Analytics is used to drive the overall organizational strategy in large corporations. Here are a few examples: • Capital One, a credit card company based in the United States, employs analytics to differentiate customers based on credit risk and to match customer characteristics with appropriate product offerings.

• Harrah's Casino, another American company, discovered that, contrary to popular belief, their most profitable customers are those who play slots. They have developed a mamarketing program to attract and retain their MOST PROFITABLE CUSTOMERS in order to capitalise on this insight.

• Netflicks, an online movie service, recommends the most logical movies based on past behavior. This model has increased their sales because the movie choices are based on the customers' preferences, and thus the experience is tailored to each individual.

Analytics is commonly used to study business data using statistical analysis to discover and understand historical patterns in order to predict and improve future business performance. In addition, some people use the term to refer to the application of mathematics in business. Others believe that the field of analytics includes the use of operations research, statistics, and probability; however, limiting the field of Best Big Data Analytics Services to statistics and mathematics would be incorrect.

While the concept is simple and intuitive, the widespread use of analytics to drive business is still in its infancy. Stay tuned for the second part of this article to learn more about the Science of Analytics.

Please cite the following paper when using this dataset:

N. Thakur, V. Su, M. Shao, K. Patel, H. Jeong, V. Knieling, and A.Bian “A labelled dataset for sentiment analysis of videos on YouTube, TikTok, and other sources about the 2024 outbreak of measles,” arXiv [cs.CY], 2024. Available: https://doi.org/10.48550/arXiv.2406.07693

Abstract

This dataset contains the data of 4011 videos about the ongoing outbreak of measles published on 264 websites on the internet between January 1, 2024, and May 31, 2024. These websites primarily include YouTube and TikTok, which account for 48.6% and 15.2% of the videos, respectively. The remainder of the websites include Instagram and Facebook as well as the websites of various global and local news organizations. For each of these videos, the URL of the video, title of the post, description of the post, and the date of publication of the video are presented as separate attributes in the dataset. After developing this dataset, sentiment analysis (using VADER), subjectivity analysis (using TextBlob), and fine-grain sentiment analysis (using DistilRoBERTa-base) of the video titles and video descriptions were performed. This included classifying each video title and video description into (i) one of the sentiment classes i.e. positive, negative, or neutral, (ii) one of the subjectivity classes i.e. highly opinionated, neutral opinionated, or least opinionated, and (iii) one of the fine-grain sentiment classes i.e. fear, surprise, joy, sadness, anger, disgust, or neutral. These results are presented as separate attributes in the dataset for the training and testing of machine learning algorithms for performing sentiment analysis or subjectivity analysis in this field as well as for other applications. The paper associated with this dataset (please see the above-mentioned citation) also presents a list of open research questions that may be investigated using this dataset.

This submission contains the operating system of the long-term archive, built in the Polish-Japanese Academy of Information Technology for the Clarin-PL project. Basic elements of the archive are data nodes, equipped with mass memories. The nodes are controlled by embedded low-power computers which are independently powered up only when their storage is about to be accessed. This allows not only for limiting the overall energy consumption but also lowers environmental demands (no air-condition needed). The nodes are grouped in trays. Basic and recommended configuration allows for 30 nodes in trays, but it is possible to extend this limit up to 253. Each tray contains several networks designed for data transport, devices’ state control and power supply. Communication with clients is conducted through buffers that are the only parts visible from externally connected networks. Therefore, stored files are completely isolated and cannot be directly accessed. Multiple trays located at single physical site create a complete archive. It is possible to split storage space into virtual archives that are separated on logical level. The operating system of the data network allows to store from 3 to 7 copies of single digital file in different nodes. Moreover, additional copies of the resource may be stored automatically in remotely located archives. The trays are treated as local parts of wider dispersed data network structure. Software of the archive enables not only secure read and write operations data but it also automatically takes care of the stored data. It periodically regenerates physical state of saved files. In case of device failure clients are transparently redirected to local or remote redundant copies. The mechanism of "software bots" was implemented. Archive can be supplied with external programs for processing files stored inside the data network. This allows for data analyzes, indexation, post-data creation, statistical computations or finding associations in unstructured data sets of Big Data type. Only the output of software bot can be externally accessed what makes such operations very secure. Client programs communicate with the archive using set of simple protocols based on key-value pair strings, making it convenient to build web interfaces for archive access and administration. By automating the supervision of the resources, reduction of requirements for storage, precise energy consumption control and proposed solution significantly lowers the cost of long-term data storage.

BackgroundThe field of “Big Health,” which encompasses the integration of big data in healthcare, has seen rapid development in recent years. As big data technologies continue to transform healthcare, understanding emerging trends and key advancements within the field is essential.MethodsWe retrieved and filtered articles and reviews related to big data analytics in health research from the Web of Science Core Collection, including SCI Expanded and SSCI, covering the period from 2009 to 2024. Bibliometric and co-citation analyses were conducted using VOSviewer and CiteSpace.ResultsA total of 13,609 papers were analyzed, including 10,702 original research and 2,907 reviews. Co-occurrence word analysis identified six key research areas: (1) the application of big data analytics in health decision-making; (2) challenges in the technological management of health and medical big data; (3) integration of machine learning with health monitoring; (4) privacy and ethical issues in health and medical big data; (5) data integration in precision medicine; and (6) the use of big data in disease management and risk assessment. The co-word burst analysis results indicate that topics such as personalized medicine, decision support, and data protection experienced significant growth between 2015 and 2020. With the advancement of big data technologies, research hotspots have gradually expanded from basic data analysis to more complex application areas, such as the digital transformation of healthcare, digital health strategies, and smart health cities.ConclusionThis study highlights the growing impact of big data analytics in healthcare, emphasizing its role in decision-making, disease management, and precision medicine. As digital transformation in healthcare advances, addressing challenges in data integration, privacy, and machine learning integration will be crucial for maximizing the potential of big data technologies in improving health outcomes.

Total-Long-Term-Liabilities Time Series for Hunan Creator Information Technologies Co Ltd Class A. Hunan Creator Information Technologies CO., LTD. provides information services for government and enterprise customers in China. It also offers software development, system integration, and IT operation and maintenance services. The company provides services in the areas of cloud computing, big data, artificial intelligence, and mobile Internet. Its products include basic platform that covers proprietary cloud, big data, capability open, portal resource unified management, machine vision development, and universal sensor data acquisition platforms; government software solutions, which cover government services, work together, urban governance, and industry regulation; and enterprise software solutions comprising electronic channel, business management, production inspection, and medical and education software. The company also provides cloud/data center infrastructure integration, network and security integration, unified communications integration, database/middleware integration, and system tuning services; and IT infrastructure, weak current engineering, and desktop operation and maintenance services. In addition, it offers consulting services for smart city construction, industry applications, and informatization projects, as well as private cloud planning consulting services. The company was founded in 1998 and is headquartered in Changsha, China.

Systematic reviews are the method of choice to synthesize research evidence. To identify main topics (so-called hot spots) relevant to large corpora of original publications in need of a synthesis, one must address the “three Vs” of big data (volume, velocity, and variety), especially in loosely defined or fragmented disciplines. For this purpose, text mining and predictive modeling are very helpful. Thus, we applied these methods to a compilation of documents related to digitalization in aesthetic, arts, and cultural education, as a prototypical, loosely defined, fragmented discipline, and particularly to quantitative research within it (QRD-ACE). By broadly querying the abstract and citation database Scopus with terms indicative of QRD-ACE, we identified a corpus of N = 55,553 publications for the years 2013–2017. As the result of an iterative approach of text mining, priority screening, and predictive modeling, we identified n = 8,304 potentially relevant publications of which n = 1,666 were included after priority screening. Analysis of the subject distribution of the included publications revealed video games as a first hot spot of QRD-ACE. Topic modeling resulted in aesthetics and cultural activities on social media as a second hot spot, related to 4 of k = 8 identified topics. This way, we were able to identify current hot spots of QRD-ACE by screening less than 15% of the corpus. We discuss implications for harnessing text mining, predictive modeling, and priority screening in future research syntheses and avenues for future original research on QRD-ACE. Dataset for: Christ, A., Penthin, M., & Kröner, S. (2019). Big Data and Digital Aesthetic, Arts, and Cultural Education: Hot Spots of Current Quantitative Research. Social Science Computer Review, 089443931988845. https://doi.org/10.1177/0894439319888455

Big Data Analytics in Manufacturing Industry Market Outlook

According to our latest research, the Big Data Analytics in Manufacturing Industry market size reached USD 9.3 billion in 2024 globally. The market is experiencing robust expansion, registering a CAGR of 17.2% from 2025 to 2033. By the end of 2033, the market is projected to attain a size of USD 36.4 billion. This impressive growth trajectory is primarily driven by the increasing adoption of Industry 4.0 practices, the proliferation of IoT-enabled devices, and the growing need for real-time data-driven decision-making across the manufacturing sector. As per our latest research, the integration of advanced analytics solutions is reshaping manufacturing operations, enabling enhanced productivity, operational efficiency, and predictive maintenance capabilities worldwide.

The rapid digital transformation within the manufacturing sector is a key growth factor propelling the adoption of big data analytics solutions. Manufacturers are increasingly leveraging data analytics to optimize production processes, reduce downtime, and enhance product quality. The proliferation of connected devices and sensors across shop floors generates massive volumes of data, necessitating sophisticated analytics platforms for meaningful insights. These platforms facilitate real-time monitoring, predictive maintenance, and process optimization, which collectively drive operational excellence. Furthermore, the integration of artificial intelligence and machine learning algorithms with big data analytics enables manufacturers to forecast demand, manage inventory efficiently, and minimize waste, thereby bolstering profitability and competitiveness in an intensely dynamic market.

Another significant driver of growth in the Big Data Analytics in Manufacturing Industry market is the mounting pressure on manufacturers to meet stringent regulatory standards and quality benchmarks. With global supply chains becoming increasingly complex, manufacturers are adopting big data analytics to ensure compliance, traceability, and transparency throughout the production lifecycle. Advanced analytics tools help organizations monitor quality parameters, identify deviations, and implement corrective actions proactively. This not only enhances product reliability but also minimizes the risk of costly recalls and reputational damage. Additionally, big data analytics supports manufacturers in achieving sustainability goals by optimizing energy consumption, reducing emissions, and promoting resource-efficient production methods, which are critical in todayÂ’s environmentally conscious landscape.

The competitive landscape in the manufacturing sector is intensifying, compelling organizations to differentiate themselves through innovation and customer-centricity. Big data analytics empowers manufacturers to gain a deeper understanding of market trends, customer preferences, and emerging opportunities. By harnessing data from diverse sources such as social media, customer feedback, and market reports, manufacturers can tailor their offerings, improve after-sales services, and foster long-term customer relationships. The ability to rapidly adapt to changing market dynamics and consumer demands is a decisive advantage, and big data analytics serves as a cornerstone for agile and responsive manufacturing operations. This strategic focus on data-driven decision-making is expected to fuel sustained market growth over the forecast period.

Manufacturing Analytics is becoming an integral component of the modern manufacturing landscape, offering unprecedented insights into production processes and operational efficiencies. By leveraging advanced analytics techniques, manufacturers can gain a deeper understanding of their operations, from supply chain logistics to production line performance. This data-driven approach allows for the identification of bottlenecks, optimization of resource allocation, and enhancement of product quality. As the manufacturing industry continues to evolve, the role of Manufacturing Analytics in driving innovation and competitiveness is becoming increasingly significant. The integration of real-time data analysis with traditional manufacturing practices is paving the way for smarter, more agile manufacturing environments that can quickly adapt to market changes and consumer demands.

Regionally, the