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Big Data Market in India 2013

India big data market: Foreign vendors dominate


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2014-01-31 22:37:02 - Big Data Market in India 2013 - a new market research report on companiesandmarkets.com

Currently, the India big data market is at its growing stage and is mainly dominated by foreign vendors who have managed to mark a significant presence in the country. With the continual growth in computerization and digitization across all verticals, amount of data generated is skyrocketing on a daily basis. Additionally, the vast demographic diversification prevailing in the country will further technology adoption amongst business of all nature, thereby amplifying digital data generation by manifolds.

Some factors such as the burgeoning internet usage across the nation, emergence of smart handheld devices and the explosion in the social media domain were identified to be prime reasons driving the big data market. While the key hindrances for the market comprise of the lack

 

 

of big data handling expertise, severe time constraint to analyze data and the lurking threat to data security and integrity.

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