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The Big Data analytics market is still in validation mode and companies are wary of investing in these costly deployments that run well into six- to seven -figure deals, according to Frost & Sullivan. The global Big Data analytics market earned revenue of $3.20 billion in 2013 and is estimated to increase up to $15.10 billion in 2020, according to the market research firm Frost & Sullivan. “High spending on data architectures to identify opportunities for future growth is driving the development of big data analytics solutions,” said Frost & Sullivan Digital Media Industry Analyst Hiral Jasani. “Organisations must identify the right amount of storage they need and address data integration and data governance issues to make proper use of big data analytics solutions,” explained Jasani.

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