Projections Indicate The Market For Big Data Software Is Exploding

1/13/2025 2:09:32 PM

(MENAFN- Investor Brand Network) Demand for big data software is
expected to surge
in the coming years as more firms leverage big data analytics to improve service delivery and increase efficiency. Recent forecasts show that the global
Big Data Processing and Distribution Software market
will enjoy a compound annual growth rate (CAGR) of
12.08%
between 2024 and 2031.

The market's 2024 valuation of around $10.53 billion is set to double over the projected period and reach $20.87 billion when the decade draws to a...

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