Kamalika Some, Analytics Insight – July 3, 2020
Data is growing by leaps and bounds, the convergence of extremely large data sets both structured and unstructured define Big Data. The increasing awareness of the Internet of Things (IoT) devices among organizations and volume, variety, velocity and veracity at which data is generated have caught the attention of the enterprise in a bid to enhance digital technologies and guide digital transformation.
Analytics Insight eliminates that the big data market size will grow at a CAGR of 10.9%, globally from US$ 193.5 billion in 2020 to US$ 301.5 billion by 2023. North America will witness a sharp increase of CAGR 12.5% growing from US$ 117.0 billion in 2020 to US$ 192.0 billion by 2023 during the forecast period. This region is witnessing significant developments in the big data market gaining remarkable traction in the BFSI industry vertical. Here is an exclusive listing of the Top 10 Big Data Start-ups in the United States to watch in 2020, curated by Analytics Insight.