The Business Research Company’s report on the Big Data And Artificial Intelligence Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How have key drivers contributed to the rapid growth of the big data and artificial intelligence market?
The increasing volume of data generated is expected to propel the growth of the big data and artificial intelligence market going forward. The volume of data is rapidly increasing due to the proliferation of internet of things (IoT) devices, social media, digital transactions, high-resolution media, and real-time analytics. Big data and artificial intelligence help data generation by automating data collection, enhancing real-time processing, and deriving insights from diverse digital sources. This integration enables businesses to optimize decision-making, improve efficiency, and drive innovation across industries. For instance, in September 2023, the International Telecommunication Union, a Switzerland-based specialized agency of the United Nations, reported that in 2022, 67% of the global population, equivalent to 5.4 billion people, had internet access. This marked a 4.7% increase from 2021, compared to the 3.5% growth recorded between 2020 and 2021. Therefore, the increasing volume of data generated is driving the growth of the big data and artificial intelligence market.
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How has the big data and artificial intelligence market size evolved, and what are the latest forecasts for its expansion?
The big data and artificial intelligence market size has grown rapidly in recent years. It will grow from $385.89 billion in 2024 to $456.35 billion in 2025 at a compound annual growth rate (CAGR) of 18.3%. The growth in the historic period can be attributed to growing focus on ethical artificial intelligence, growing demand for data-driven decision making, growing adoption of artificial intelligence, rising efforts of the tech giants, growing demand for automation.
The big data and artificial intelligence market size is expected to see rapid growth in the next few years. It will grow to $884.42 billion in 2029 at a compound annual growth rate (CAGR) of 18.0%. The growth in the forecast period can be attributed to growing data generation across industries, increasing adoption of cloud computing, growing investment in artificial intelligence, rising cyber security threats, and increasing volume of data generated. Major trends in the forecast period include edge computing, investing in advanced big data tools, technological advancements, strategic collaboration, and expansion of artificial intelligence in cybersecurity.
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Which major companies dominate the big data and artificial intelligence market?
Major companies operating in the big data and artificial intelligence market are Amazon Web Services Inc., Microsoft Corporation, Dell Technologies Inc., Intel Corporation, International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, Google LLC., SAP SE, Hewlett Packard Enterprise Company, NVIDIA Corporation, Salesforce Inc., Adobe Inc., Infosys Limited, SAS Institute Inc., LTI Mindtree Ltd., Teradata Corporation, QlikTech International AB, ScienceSoft USA Corporation, Yalantis, Cyfuture India Pvt. Ltd., Feathersoft Info Solutions Pvt Ltd., Addepto LLC.
What trends will shape the future of the beer processing market?
Major companies operating in the big data and artificial intelligence market are focusing on developing innovative services such as AI-driven retrieval services to sustain their position in the market. AI-driven retrieval services are intelligent systems that use artificial intelligence to extract, organize, and present relevant information from structured and unstructured data sources. For instance, in February 2025, Snowflake Inc., a US-based cloud data storage company, launched Cortex Agents, a retrieval service designed to enhance AI-driven data access and decision-making for businesses. These agents facilitate structured data retrieval from Snowflake tables and unstructured data retrieval from object storage, such as PDFs. Additionally, Cortex Search improves unstructured data retrieval and claims to outperform OpenAI’s embedding models by at least 11% across various benchmarks. These innovations enable businesses to analyze large datasets more efficiently, ultimately enhancing AI-driven decision-making and governance.
Which region dominates the big data and artificial intelligence market, and what factors contribute to its leadership?
North America was the largest region in the big data and artificial intelligence market in 2024. The regions covered in the big data and artificial intelligence market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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How is the big data and artificial intelligence market segmented, and which segment holds the largest share?
The big data and artificial intelligence market covered in this report is segmented –
1) By Type: Predictive Analytics, Fraud Detection, Customer Analytics, Risk Management, Supply Chain Management
2) By Deployment Model: Cloud, On-Premises, Hybrid
3) By Technology: Machine Learning, Natural Language Processing, Data Mining, Data Visualization, Deep Learning
4) By End Use: Banking, Financial Services, And Insurance, Healthcare, Retail, Manufacturing, Telecommunications
Subsegments:
1) By Predictive Analytics: Machine Learning-Based Predictive Analytics, Statistical Modeling, Data Mining, Forecasting And Optimization
2) By Fraud Detection: Identity Fraud Detection, Transaction Fraud Detection, Behavioral Analytics, Anomaly Detection
3) By Customer Analytics: Customer Segmentation, Sentiment Analysis, Personalized Recommendations, Customer Churn Prediction
4) By Risk Management: Credit Risk Assessment, Market Risk Analysis, Operational Risk Management, Compliance And Regulatory Risk Management
5) By Supply Chain Management: Demand Forecasting, Inventory Optimization, Supplier Risk Management, Logistics And Transportation Analytics
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What defines the structure and scope of the big data and artificial intelligence market?
Big data and artificial intelligence (AI) refer to advanced technologies that process, analyze, and derive insights from vast amounts of structured and unstructured data. Big data enables the storage, management, and real-time analysis of massive datasets, while artificial intelligence uses algorithms and machine learning to recognize patterns, automate tasks, and make intelligent decisions.
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