Big Data as a Service Market size is expected to reach US$ 151.47 Bn by 2029, at a CAGR of 22.80% during the forecast period.
Big Data as a Service Market Overview
The market overview of the Big Data as a Service industry focuses on the detailed dynamics of the market, including aspects such as industry rivalry. The report provides comprehensive market revenue forecasts at the global, regional, segment, and national levels.
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Big Data as a Service Market Report Scope and Research Methodology
The research methodology employed in the report on the Big Data as a Service Market incorporates both primary and secondary research methods. Primary research involves data collection directly from the market via surveys, interviews, and observations. In contrast, secondary research entails gathering data from published sources, such as industry reports, company websites, and news articles.
The analysis provided in the report serves as a guide for stakeholders, investors, market players, and followers, as well as new entrants, by providing them with an overall view of the Big Data as a Service market for formulating investment approaches and marketing tactics. The report utilizes a bottom-up approach to estimate the size of the Big Data as a Service market, which involves aggregating data from individual segments to arrive at a total market size estimate.
Big Data as a Service Market Regional Insights
The market is segmented by region into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Additionally, the report identifies the top countries in each region and provides market forecasts for each one.
Big Data as a Service Market Segmentation
Global Big Data as a Service Market is segmented by Component, deployment Type, organization Size, end user and by region. By component, solution segment held 61.43% of market share in 2021 and is expected to keep its dominance over forecast period. Data generated in enterprises across industry verticals such as BFSI, Information Technology (IT) and Telecom, Healthcare and Life Sciences and eCommerce Retail is increasing at a rapid rate. This has led to organizations emphasizing on extracting and leveraging insights from the enormous amount of big data generated in various departments to gain a competitive edge. Hence, organizations are adopting BDaaS solutions to collect, store, and analyze the massive volume of data.
By deployment type, the public cloud is expected to hold 38.67% of market share over forecast period as it offers cost-efficiency to its clients. Private cloud is expected to hold 32.31% of market share at a CAGR of 23.54% over forecast period. The private cloud enables organizations to have full control over their systems and data with enhanced security and the hybrid cloud enables organizations to leverage the advantages of both private and public cloud as it offers both cost-efficiency and enhanced security.
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Big Data as a Service Market Key Players
• IBM (US)
• Oracle (US)
• Microsoft (US)
• Google (US)
• AWS (US)
• SAP (Germany)
• Teradata (US)
• SAS (US)
• Dell Technologies (US)
• HPE (US)
• CenturyLink (US)
• Splunk (US)
• Cloudera (US)
• Salesforce (US)
• Qubole (US)
• GoodData (US)
• Hitachi Vantara (US)
• IRI (US)
• 1010data (US)
• Guavus (US).
• Hewlett Packard Enterprise
• Accenture.
• SunGard Data Systems Inc.
• UST GLOBAL INC
• MapR Technologies, Inc.
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Key questions answered in the Big Data as a Service Market are:
- What is Big Data as a Service?
- What are the factors driving the Big Data as a Service Market growth?
- What are the factors are limiting the Big Data as a Service Market growth?
- What was the Big Data as a Service market size in 2021?
- Which trends are expected to generate additional revenue for the Big Data as a Service market growth?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Big Data as a Service Market?
- What growth strategies are the players considering to increase their foothold in the Big Data as a Service Market?
- Who held the largest market share in the Big Data as a Service Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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