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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
Big Data Consulting Market Forecast to Reach $4.2 Billion by 2026 The Big Data Consulting Market Is Driven by Rising Consumer Data, Superior Information Security, and Enhanced Business Efficiencies.
BigData Consulting Market
BriefingWire.com, 4/21/2021 - The Big Data Consulting Market is forecast to reach $4.2 billion 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 that are large and complex and is not possible to process it in traditional way. In Big Data Consulting, companies collects the data from respective clients to analyze the data for identification of the business problems where data strategist and data analyst analysis it to obtain the optimum solution and implementing the solution. The market is driven by rising consumer data, superior information security, and enhanced business efficiencies.
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The global integrated marine automation system is projected to grow from USD 4,906 million in 2020 to USD 7,889 million by 2025, at a CAGR of 10% from 2020 to 2025.
The demand for new ships and the retrofitting of existing ships with advanced technologies is expected to grow with the increase in trade activities.
New defense and commercial vessels are equipped with advanced systems for improved safety and efficiency. The implementation of advanced systems acts as an important driver for the integrated marine automation system market. Integrated marine automation system is one of the variants of automated vessels. These ships involve integrating various systems and subsystems, enabling effective decision-making based on sensor fusion technology and Artificial Intelligence (AI) for processing the data, hence reducing or eliminating human intervention.
The Worldwide Autonomous Ships Industry is Estimated to Reach $14 Billion by 2030
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The autonomous ships market is estimated to be USD 5,866 million in 2020 and is projected to reach USD 14,256 million by 2030, at a CAGR of 9.3% from 2020 to 2030.
The demand for new ships and the retrofitting of existing ships with advanced technologies is expected to grow with the increase in trade activities. New defense and commercial vessels are equipped with advanced systems for improved safety and efficiency. The implementation of advanced systems acts as an important driver for the autonomous ships market. Autonomous ships are one of the variants of automated vessels. These ships involve integrating various systems and subsystems, enabling effective decision-making based on sensor fusion technology and Artificial Intelligence (AI) for processing the data, hence reducing or eliminating human intervent