The global Big Data Analytics Market Size is expected to rise with an impressive CAGR and generate the highest revenue by 2030. Fortune Business Insights in its latest report published this information. The report is titled “Big Data Analytics Market Size, Share and Revenue Forecast, 2023-2030”. The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period. The market is projected to grow from USD 307.52 billion in 2023 to USD 745.15 billion by 2030, exhibiting a CAGR of 13.5% during the forecast period. The rising adoption of Machine Learning (ML), IIoT, IoT, and AI algorithms is fostering the demand for more connected IoT devices. Additionally, the augmenting databases across healthcare, retail, banking, agriculture, BFSI, and other end-user industries due to increasing adoption of digital solutions is predicted to favor the market’s expansion.
