APAC CIOOutlook

Advertise

with us

  • Technologies
      • Artificial Intelligence
      • Big Data
      • Blockchain
      • Cloud
      • Digital Transformation
      • Internet of Things
      • Low Code No Code
      • MarTech
      • Mobile Application
      • Security
      • Software Testing
      • Wireless
  • Industries
      • E-Commerce
      • Education
      • Logistics
      • Retail
      • Supply Chain
      • Travel and Hospitality
  • Platforms
      • Microsoft
      • Salesforce
      • SAP
  • Solutions
      • Business Intelligence
      • Cognitive
      • Contact Center
      • CRM
      • Cyber Security
      • Data Center
      • Gamification
      • Procurement
      • Smart City
      • Workflow
  • Home
  • CXO Insights
  • CIO Views
  • Vendors
  • News
  • Conferences
  • Whitepapers
  • Newsletter
  • Awards
Apac
  • Artificial Intelligence

    Big Data

    Blockchain

    Cloud

    Digital Transformation

    Internet of Things

    Low Code No Code

    MarTech

    Mobile Application

    Security

    Software Testing

    Wireless

  • E-Commerce

    Education

    Logistics

    Retail

    Supply Chain

    Travel and Hospitality

  • Microsoft

    Salesforce

    SAP

  • Business Intelligence

    Cognitive

    Contact Center

    CRM

    Cyber Security

    Data Center

    Gamification

    Procurement

    Smart City

    Workflow

Menu
    • Cyber Security
    • Hotel Management
    • Workflow
    • E-Commerce
    • Business Intelligence
    • MORE
    #

    Apac CIOOutlook Weekly Brief

    ×

    Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Apac CIOOutlook

    Subscribe

    loading

    THANK YOU FOR SUBSCRIBING

    Asia Pacific Region Experiencing a Stiff Rivalry in the Rapidly Expanding Big Data Market

    The current industry studies indicate that companies are extensively looking to build a competitive advantage by harnessing the power of Big Data.  

    Asia Pacific Region Experiencing a Stiff Rivalry in the Rapidly Expanding Big Data Market

    By

    Apac CIOOutlook | Friday, August 14, 2015

    Stay ahead of the industry with exclusive feature stories on the top companies, expert insights and the latest news delivered straight to your inbox. Subscribe today.

    The current industry studies indicate that companies are extensively looking to build a competitive advantage by harnessing the power of Big Data. Data-driven strategies are working away the best path to adopt technological innovations, and data management has become more and more relevant to businesses, government, and consumers. Big Data market in the Asia Pacific (APAC) region has grown considerably in the past couple of years. Countries such as Australia and Singapore have turned out as leaders in the pack as they increasingly apply Big Data technologies with great success in their individual markets and also globally.

    However, China still holds the largest share in the APAC Big Data Market. It has been reported that large banks in China are leveraging analytic tools on a wider scale to improve operational and structural efficiency. In the context of developing innovative financial products and services, the Big Data industry has played a key role in almost every Chinese financial institutions. Many other countries are also catching up with the rise of the concept of Big Data. According to a study done by Research and Markets, The Japanese Big Data market is expected to reach a value of $2.05 billion by 2019, at a CAGR of 27.5% from 2014 to 2019. Japanese Big Data market is expected to reach a value of $0.91 billion by 2019.

    Consulting services market in Japan is expected to reach a value of $0.48 billion by 2019. It is estimated that key industry players such as  IBM, Microsoft, Oracle, Dell, HP, and Teradata will continue leading the Japanese Big Data market. The study further examined the focus areas, which include New product launches, partnerships, acquisitions and collaborations as the major strategies adopted by organizations to undertake Big Data projects.

    The market can be divided into different sectors such as BFSI, telecom, retail, government, and healthcare. The Big Data market is also segmented on the basis of major countries in this region such as Japan, Australia, and the rest of the countries in the APAC region. With the emergence of Big Data, companies at all levels have the opportunity to develop themselves in the APAC region. Research and Markets study pointed out,  Japan is estimated to hold a share of 33% by 2014 of the Global Big Data Market. Australia held a share of 23.2% of the overall APAC big data market in 2014. The Japanese Big Data market is primarily driven by the technological advancement and the rise in amount of transactional data.

    Check out: Retail Tech Insights

    More in News

    Transforming Retail: The Impact of VR and AR in Asia Pacific

    Transforming Retail: The Impact of VR and AR in Asia Pacific

    Enhancing Customer Satisfaction through Omni-Channel Payments

    Enhancing Customer Satisfaction through Omni-Channel Payments

    AI's Role in Apac's Digital Transformation Journey

    AI's Role in Apac's Digital Transformation Journey

    Influence of AI on Supply Chain Management

    Influence of AI on Supply Chain Management

    I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

    Copyright © 2025 APAC CIOOutlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy and Anti Spam Policy 

    Home |  CXO Insights |   Whitepapers |   Subscribe |   Conferences |   Sitemaps |   About us |   Advertise with us |   Editorial Policy |   Feedback Policy |  

    follow on linkedinfollow on twitter follow on rss
    This content is copyright protected

    However, if you would like to share the information in this article, you may use the link below:

    https://www.apacciooutlook.com/news/asia-pacific-region-experiencing-a-stiff-rivalry-in-the-rapidly-expanding-big-data-market-nwid-86.html