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Big Data Spending Market in Healthcare Sector Market by Service and Geography - Forecast and Analysis 2022-2026

  • Published: Apr 2022
  • Pages: 140
  • SKU: IRTNTR73301
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The big data spending market share in healthcare sector is expected to increase by USD 8.93 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 12.21%. This big data spending market in healthcare sector research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. The big data spending market in healthcare sector report also offers information on several market vendors, including Alphabet Inc., Amazon.com Inc., Cisco Systems Inc., Cloudera Inc., Cognizant Technology Solutions Corp., Couchbase Inc., Dell Technologies Inc., Health Catalyst Inc., Hewlett Packard Enterprise Co., Hitachi Vantara LLC, International Business Machines Corp., McKesson Corp., Medeanalytics Inc., Microsoft Corp., Oracle Corp., SAP SE, SAS Institute Inc., Splunk Inc., Teradata Corp., and Vizient Inc. among others. Furthermore, this report extensively covers big data spending market in healthcare sector segmentation by service (services and software) and geography (North America, Europe, APAC, Middle East and Africa, and South America).

What will the Big Data Spending Market Size in Healthcare Sector be During the Forecast Period?

Big Data Spending Market Size

Download the Free Report Sample to Unlock the Big Data Spending Market Size in Healthcare Sector for the Forecast Period and Other Important Statistics

 

Big Data Spending Market in Healthcare Sector: Key Drivers, Trends, and Challenges

The need to improve business efficiency is notably driving the big data spending market growth in healthcare sector, although factors such as data privacy and security concerns may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the big data spending industry in healthcare sector. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Big Data Spending Market Driver in Healthcare Sector

The need to improve business efficiency is one of the key drivers supporting the big data spending market growth in healthcare sector. As the number of connected devices is increased in the healthcare sector, it has led to an increase in massive data generation. In view of this, rapid growth has been observed in the adoption of IT for storing and retrieving medical and clinical data worldwide. Furthermore, by using big data analytics and predictive asset maintenance, healthcare organizations would be better prepared for upcoming disasters, reduce traffic at hospitals, and eliminate system breakdowns. Thus, the rising need to improve business efficiency in the healthcare sector is driving the growth of the global big data spending market in healthcare sector.

Key Big Data Spending Market Trend in Healthcare Sector

Increasing use of big data analytics in healthcare is one of the key big data spending market trends that is contributing to the market growth. Governments are encouraging the implementation of IT and telecommunications in the healthcare sector to achieve and sustain functioning health information systems. For instance, the National Health Insurance initiative by various governments is designed to monitor the planning and set-up of health information systems that avoid errors and employ seamless patient care management. Simultaneously e-health strategies enable the equitable distribution of healthcare facilities, irrespective of a physician's or patient's location, and lowers the waiting time for patients to receive medical services. All these initiatives have resulted in a massive amount of data generation, and the data needs to be stored and analyzed efficiently to provide meaningful insights. Hence, the use of big data analytics has increased in the healthcare sector. This is boosting the big data spending market growth in healthcare sector.

Key Big Data Spending Market Challenge in Healthcare Sector

Data privacy and security concerns is one of the factors hindering the big data spending market growth in healthcare sector. No wonder digitization of medical records in the healthcare sector has been a significant rise in the security risks for patient data. Meanwhile, vendors must ensure the safety and security of cloud networks to prevent data stealing. However, there is still growing threat posed by computer viruses that can lead to deterioration in the efficiency of healthcare information systems. Therefore, this is one of the major reasons for hospitals opting for core laboratory testing rather than a transfer of data through point-of-care devices. Therefore, healthcare organizations expect better security features from cloud computing solutions. Thus, the efficient retrieval of data and availing secure access are major challenges for the vendors of big data which is hampering the market growth.

This big data spending market in healthcare sector analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global big data spending market in healthcare sector as a part of the global IT consulting and other services market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the big data spending market in healthcare sector during the forecast period.

Who are the Major Big Data Spending Market Vendors in Healthcare Sector?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Alphabet Inc.
  • Amazon.com Inc.
  • Cisco Systems Inc.
  • Cloudera Inc.
  • Cognizant Technology Solutions Corp.
  • Couchbase Inc.
  • Dell Technologies Inc.
  • Health Catalyst Inc.
  • Hewlett Packard Enterprise Co.
  • Hitachi Vantara LLC
  • International Business Machines Corp.
  • McKesson Corp.
  • Medeanalytics Inc.
  • Microsoft Corp.
  • Oracle Corp.
  • SAP SE
  • SAS Institute Inc.
  • Splunk Inc.
  • Teradata Corp.
  • Vizient Inc.

 

This statistical study of the big data spending market in healthcare sector encompasses successful business strategies deployed by the key vendors. The big data spending market in healthcare sector is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • Alphabet Inc. - Under the google services segment, the company includes products and services such as Google Ads, Android, Chrome, Google Maps, Google Play, Search, YouTube and hardware. 
  • Alphabet Inc. - The company offers Google cloud at HIMSS where data and AI improve the outcomes. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The big data spending market in healthcare sector forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Big Data Spending Market in Healthcare Sector Value Chain Analysis

Our report provides extensive information on the value chain analysis for the big data spending market in healthcare sector, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Big Data Spending Market in Healthcare Sector?

Big Data Spending Market Market segmentation by region

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32% of the market's growth will originate from North America during the forecast period. The US and Canada are the key markets for the big data spending market in healthcare sector in North America. Market growth in this region will be slower than the growth of the market in Europe and APAC.

The rise in advancements in IoT and the increase in the demand for analytical models on patient information for better service delivery and government policies will facilitate the big data spending market in healthcare sector growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the outbreak of COVID-19 disrupted the regional economy and had a negative impact on market growth. Moreover, big data analytics helped in regular monitoring and remote detection system for individuals that assisted in the fast-tracking of suspected COVID-19 cases. Thus, such factors will positively impact the big data spending market in healthcare sector in North America during the forecast period.

What are the Revenue-generating Service Segments in the Big Data Spending Market in Healthcare Sector?

Big Data Spending Market Segmentation

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The big data spending market share growth in healthcare sector by the services segment will be significant during the forecast period. For instance, consulting services accounted for a small market share within the services segment in terms of revenue, but it had a significant impact on the overall revenue generation. Many companies, including IBM and HP, provide consulting services specific to the healthcare sector. Thus, the growing digitization in healthcare, the Internet of Things (IoT) and cloud deployment, and government support for healthcare information technology (HCIT) are some of the factors that are expected to drive the growth of the services segment during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the big data spending market size in healthcare sector and actionable market insights on post COVID-19 impact on each segment.

 

Big Data Spending Market Scope in Healthcare Sector

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 12.21%

Market growth 2022-2026

$ 8.93 billion

Market structure

Fragmented

YoY growth (%)

10.2

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 32%

Key consumer countries

US, Canada, China, Germany, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Alphabet Inc., Amazon.com Inc., Cisco Systems Inc., Cloudera Inc., Cognizant Technology Solutions Corp., Couchbase Inc., Dell Technologies Inc., Health Catalyst Inc., Hewlett Packard Enterprise Co., Hitachi Vantara LLC, International Business Machines Corp., McKesson Corp., Medeanalytics Inc., Microsoft Corp., Oracle Corp., SAP SE, SAS Institute Inc., Splunk Inc., Teradata Corp., and Vizient Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

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What are the Key Data Covered in this Big Data Spending Market in Healthcare Sector Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive big data spending market growth in healthcare sector during the next five years
  • Precise estimation of the big data spending market size in healthcare sector and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the big data spending industry in healthcare sector across North America, Europe, APAC, Middle East and Africa, and South America
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of big data spending market vendors in healthcare sector 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Service
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Service

    • 5.1 Market segments
      • Exhibit 24: Chart on Service - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Service - Market share 2021-2026 (%)
    • 5.2 Comparison by Service
      • Exhibit 26: Chart on Comparison by Service
      • Exhibit 27: Data Table on Comparison by Service
    • 5.3 Services - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Services - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Services - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Services - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Services - Year-over-year growth 2021-2026 (%)
    • 5.4 Software - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Software - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Software - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Software - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Software - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Service
      • Exhibit 36: Market opportunity by Service ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 APAC - Market size and forecast 2021-2026
      • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.6 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.7 South America - Market size and forecast 2021-2026
      • Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 China - Market size and forecast 2021-2026
      • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.10 Germany - Market size and forecast 2021-2026
      • Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.11 Canada - Market size and forecast 2021-2026
      • Exhibit 74: Chart on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • 7.12 UK - Market size and forecast 2021-2026
      • Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 82: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 85: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 86: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 87: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 88: Matrix on vendor position and classification
            • 10.3 Alphabet Inc.
              • Exhibit 89: Alphabet Inc. - Overview
              • Exhibit 90: Alphabet Inc. - Business segments
              • Exhibit 91: Alphabet Inc. - Key news
              • Exhibit 92: Alphabet Inc. - Key offerings
              • Exhibit 93: Alphabet Inc. - Segment focus
            • 10.4 Amazon.com Inc.
              • Exhibit 94: Amazon.com Inc. - Overview
              • Exhibit 95: Amazon.com Inc. - Business segments
              • Exhibit 96: Amazon.com Inc. - Key news
              • Exhibit 97: Amazon.com Inc. - Key offerings
              • Exhibit 98: Amazon.com Inc. - Segment focus
            • 10.5 Cisco Systems Inc.
              • Exhibit 99: Cisco Systems Inc. - Overview
              • Exhibit 100: Cisco Systems Inc. - Business segments
              • Exhibit 101: Cisco Systems Inc. - Key news
              • Exhibit 102: Cisco Systems Inc. - Key offerings
              • Exhibit 103: Cisco Systems Inc. - Segment focus
            • 10.6 Cloudera Inc.
              • Exhibit 104: Cloudera Inc. - Overview
              • Exhibit 105: Cloudera Inc. - Business segments
              • Exhibit 106: Cloudera Inc. - Key offerings
              • Exhibit 107: Cloudera Inc. - Segment focus
            • 10.7 Cognizant Technology Solutions Corp.
              • Exhibit 108: Cognizant Technology Solutions Corp. - Overview
              • Exhibit 109: Cognizant Technology Solutions Corp. - Business segments
              • Exhibit 110: Cognizant Technology Solutions Corp. - Key news
              • Exhibit 111: Cognizant Technology Solutions Corp. - Key offerings
              • Exhibit 112: Cognizant Technology Solutions Corp. - Segment focus
            • 10.8 Couchbase Inc.
              • Exhibit 113: Couchbase Inc. - Overview
              • Exhibit 114: Couchbase Inc. - Key offerings
            • 10.9 Dell Technologies Inc.
              • Exhibit 115: Dell Technologies Inc. - Overview
              • Exhibit 116: Dell Technologies Inc. - Business segments
              • Exhibit 117: Dell Technologies Inc. - Key news
              • Exhibit 118: Dell Technologies Inc. - Key offerings
              • Exhibit 119: Dell Technologies Inc. - Segment focus
            • 10.10 Health Catalyst Inc.
              • Exhibit 120: Health Catalyst Inc. - Overview
              • Exhibit 121: Health Catalyst Inc. - Business segments
              • Exhibit 122: Health Catalyst Inc. - Key offerings
              • Exhibit 123: Health Catalyst Inc. - Segment focus
            • 10.11 Hewlett Packard Enterprise Co.
              • Exhibit 124: Hewlett Packard Enterprise Co. - Overview
              • Exhibit 125: Hewlett Packard Enterprise Co. - Business segments
              • Exhibit 126: Hewlett Packard Enterprise Co. - Key news
              • Exhibit 127: Hewlett Packard Enterprise Co. - Key offerings
              • Exhibit 128: Hewlett Packard Enterprise Co. - Segment focus
            • 10.12 Hitachi Vantara LLC
              • Exhibit 129: Hitachi Vantara LLC - Overview
              • Exhibit 130: Hitachi Vantara LLC - Product / Service
              • Exhibit 131: Hitachi Vantara LLC - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 132: Inclusions checklist
                • Exhibit 133: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 134: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 135: Research methodology
                • Exhibit 136: Validation techniques employed for market sizing
                • Exhibit 137: Information sources
              • 11.5 List of abbreviations
                • Exhibit 138: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Big Data Spending Market in Healthcare Sector market growth will increase by $8932.17 million during 2022-2026.
              The big data spending market in healthcare sector market is expected to grow at a CAGR of 12.21% during 2022-2026.
              Technavio has segmented the big data spending market in healthcare sector market by service (Services and Software) and geographic (North America, Europe, APAC, Middle East and Africa, and South America).
              Alphabet Inc., Amazon.com Inc., Cisco Systems Inc., Cloudera Inc., Cognizant Technology Solutions Corp., Couchbase Inc., Dell Technologies Inc., Health Catalyst Inc., Hewlett Packard Enterprise Co., Hitachi Vantara LLC, International Business Machines Corp., McKesson Corp., Medeanalytics Inc., Microsoft Corp., Oracle Corp., SAP SE, SAS Institute Inc., Splunk Inc., Teradata Corp., Vizient Inc. are a few of the key vendors in the big data spending market in healthcare sector market.
              North America will register the highest growth rate of 31.75% among the other regions. Therefore, the big data spending market in healthcare sector market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the big data spending market in healthcare sector market growth are:
              • Need to improve business efficiency
              • Increasing use of big data analytics in healthcare
              The big data spending market in healthcare sector market vendors should focus on grabbing business opportunities from the services segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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