The analytical competencies of big data have had a positive response across industries, including the E-commerce industry. Online retailers involve in developing services to link big data analytical tools to their businesses to total the resultant benefits. The use of big data in e-commerce simplifies and advances business performances by allowing companies to analyze historical trends and current consumer behavioral patterns and thereby offer improved and more modified products. The increasing demand for big data in e-commerce sector is expected to boost the growth of the market in the forecast period.
With the growth of online shopping, e-commerce, and high competition for customer loyalty, retailers are the major factors driving the growth of big data in e-commerce market. The application of big data in E-commerce allows businesses to get access to large volumes of data that they can use to redesign their procedures, actions, and maximize revenue generation. Companies these days are already vigorously using big data to study customer purchase patterns and preferences and to restructure their offerings to drive up sales, which will thereby boost the growth of the big data in e-commerce market.
Amazon Web Services, Inc., Data Inc., Dell Inc., Facebook, Hitachi, Ltd., IBM Corp., Microsoft Corp., Oracle Corp., Palantir Technologies, Inc., SAS Institute Inc.
The global Big data in e-commerce market is segmented on the basis of component, type, deployment, end-user. On the basis of component, the market is segmented as big data software in the e-commerce, big data hardware in the e-commerce. On the basis of type, the market is segmented as structured big data in the e-commerce, unstructured big data in the e-commerce, semi-structured big data in the e-commerce. On the basis of deployment, the market is segmented as Cloud-based, On-premises. On the basis of end-user, the market is segmented as online classifieds in the e-commerce, online education, online financials, online retail, online travel and leisure, other end uses.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Big data in e-commerce market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Big data in e-commerce market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Big data in e-commerce market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Big data in e-commerce market in these regions.
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