DUBLIN–(BUSINESS WIRE)–The “Investment Opportunities of Big Data Technology in China – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)” report has been added to ResearchAndMarkets.com’s offering.
The investment opportunities of big data technology in the country are expected to register a CAGR of 30%
China’s growth trajectory has begun to slow in spite of the government’s efforts to provide stimulus. The labour costs have risen to make China lose its cost advantage to countries such as Vietnam and Cambodia. To remain ahead of the curve, China’s economy will have to shift to a higher value with big data as one of the tools to empower this shift.
Big data has enormous potential to revolutionise Chinese economy. China has the world’s largest consumer market. The world’s workshop, China, is producing countless goods for export. Big data can offer critical insights into China’s highly valued consumer market and assist Chinese firms trying to engage in high-value economic activities.
The other factor that further underscores the importance of big data for Chinese firms is the amount of data that China produces today on account of being the second largest economy of the world. For instance, Tencent Holdings reports that its data hoard contains 15 times as much information as the world’s largest library. WeChat app, Tencent’s flagship product, alone has some 760 million people, registered users.
Key Market Trends
Use of Big Data in the Chinese Automotive Industry to Increase Exponentially Driving the Market Growth
Need for Customer Analytics to Stimulate the Market Growth
Key Topics Covered:
1 INTRODUCTION
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Dynamics
4.3 Market Drivers
4.3.1 Data Explosion: Unstructured, Semi-structured and Complex
4.3.2 Improvement in Algorithm Development
4.3.3 Need for Customer Analytics
4.4 Market Restraints
4.4.1 Lack of General Awareness And Expertise
4.4.2 Data Security Concerns
4.5 Industry Value Chain Analysis
4.6 Porter’s Five Force Analysis
5 MARKET SEGMENTATION
5.1 By Deployment
5.1.1 On-Premise
5.1.2 Cloud
5.2 By Enterprise Size
5.2.1 Large Enterprise
5.2.2 Small & Medium Enterprise
5.3 By Solution
5.3.1 Customer Analytics
5.3.2 Fraud Detection and Management
5.3.3 Operation Intelligence
5.3.4 Predictive Maintenance
5.3.5 Asset Management
5.3.6 Other Solutions
5.4 By End-user Industry
5.4.1 BFSI
5.4.2 Healthcare
5.4.3 Retail
5.4.4 Manufacturing and Automotive
5.4.5 Aerospace & Defense
5.4.6 IT & Telecommunication
5.4.7 Government
5.4.8 Other End-user Industries
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 IBM China Company Limited
6.1.2 SAP China
6.1.3 Huawei Technologies Co.
6.1.4 Microsoft (China) Co., Ltd.
6.1.5 Lenovo (Beijing) Limited
6.1.6 Alibaba Cloud Computing Company
6.1.7 Inspur Group Limited
6.1.8 Baidu, Inc.
6.1.9 Neusoft Corporation
6.1.10 JD.com, Inc.
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/k21wbj
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