Information and Communications Technology

The big data market is growing at a fast pace due to the rising need for data analysis-driven insights in various sectors, which include healthcare, finance and retail. Key trends comprise the integration of AI and machine learning into advanced analytics and the adoption of scalable data management cloud-based platforms. Additionally, there are abundant prospects for expanding big data applications in developing markets as well as creating industry-specific innovative solutions. In addition, the focus on data protection and regulatory compliance has accelerated its growth in this market since companies have been trying to responsibly and securely exploit the power of big data.