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Worldwide Big Data as a Service Industry to 2027 - Featuring Amazon Web Services, Oracle, Google and Hewlett-Packard Among Others
Thursday, June 2, 2022
DUBLIN, May 25, 2022 /PRNewswire/ -- The "Big Data as a Service Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
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The global big data as a service (BDaaS) market reached a value of US$ 30.63 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 103.31 Billion by 2027, exhibiting a CAGR of 22.14% during 2022-2027. Keeping in mind the uncertainties of COVID-19, they are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor
Big data as a service, abbreviated as BDaaS, is a cloud-based service related to the delivery of tools or information based on statistical analysis that helps an organization to understand and use the insights generated in order to improve their efficiency. BDaaS can be used as a software that is operated by a team of data scientists. It relies on the internet or cloud storage for providing uninterrupted access to data. It decreases the efforts required to manually process data through a platform or an analytics program. Furthermore, its predictive analysis assists the organizations to have a competitive edge and gain operational efficiency
The thriving banking, financial services, and insurance industry (BFSI) is one of the key factors driving the market growth. The increasing rate of internet penetration coupled with the development of Internet of Things (IoT) across various industry sectors, is also augmenting the market growth. An enormous amount of unstructured data is generated by various sectors, which is processed using big data to create space for effective utilization of organizational resources.
The implementation of BDaaS has enabled organizations to efficiently make data-driven decisions as it aids in the forecast of event outcomes. This consequently helps organizations to reduce their upfront data storage, management and infrastructure costs. Utmost precision along with insightful analytical results is the key feature favoring the adoption of big data services across many organizations. Moreover, the growing adoption of cloud computing coupled with the increasing focus on research and development (R&D) activities to launch services with more enhanced security features is also projected to positively impact the industry growth in the coming years
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Amazon Web Services Inc., Oracle Corporation, Google Inc., Hewlett-Packard, SAP SE, Accenture, IBM, SAS Institute, Dell EMC, Teradata, Alteryx Ltd, Opera Solutions, Wipro, Information Builders and MicroStrategy Inc., etc
Key Question Answered in this Report
1. What will be the global big data as a service market growth?
2. What are the global big data as a service market drivers?
3. What are the major trends in the global big data as a service market?
4. What is the impact of COVID-19 on the global big data as a service market?
5. What is the global big data as a service market breakup by deployment model?
6. What is the global big data as a service market breakup by organization size?
7. What is the global big data as a service market breakup by vertical?
8. What are the major regions in the global big data as a service market?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Big Data as a Service Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Solution
5.5 Market Breakup by Deployment Model
5.6 Market Breakup by Platform Type
5.7 Market Breakup by Organization Size
5.8 Market Breakup by Verticals
5.9 Market Breakup by Region
5.10 Market Forecast
6 SWOT Analysis
7 Value Chain Analysis
8 Porter's Five Forces Analysis
9 Market Breakup by Solution
9.1 Hadoop-as-a-Service (HDaaS)
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Data-as-a-Service (DaaS)
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Data Analytics-as-a-Service (DAaaS)
9.3.1 Market Trends
9.3.2 Market Forecast
10 Market Breakup by Deployment Model
10.1 Public Cloud
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Private Cloud
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Hybrid Cloud
10.3.1 Market Trends
10.3.2 Market Forecast
11 Market Breakup by Platform Type
11.1 JAVA
11.1.1 Market Trends
11.1.2 Market Forecast
11.2 Microsoft
11.2.1 Market Trends
11.2.2 Market Forecast
11.3 Oracle
11.3.1 Market Trends
11.3.2 Market Forecast
11.4 SAP
11.4.1 Market Trends
11.4.2 Market Forecast
11.5 Others
11.5.1 Market Trends
11.5.2 Market Forecast
12 Market Breakup by Organization Size
12.1 Small and Medium-Sized Enterprises
12.1.1 Market Trends
12.1.2 Market Forecast
12.2 Large Enterprises
12.2.1 Market Trends
12.2.2 Market Forecast
13 Market Breakup by Verticals
13.1 BFSI
13.1.1 Market Trends
13.1.2 Market Forecast
13.2 Healthcare
13.2.1 Market Trends
13.2.2 Market Forecast
13.3 Retail
13.3.1 Market Trends
13.3.2 Market Forecast
13.4 IT and Telecommunication
13.4.1 Market Trends
13.4.2 Market Forecast
13.5 Manufacturing
13.5.1 Market Trends
13.5.2 Market Forecast
13.6 Media and Entertainment
13.6.1 Market Trends
13.6.2 Market Forecast
13.7 Others
13.7.1 Market Trends
13.7.2 Market Forecast
14 Market Breakup by Region
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Amazon Web Services Inc
15.3.2 Oracle Corporation
15.3.3 Google Inc
15.3.4 Hewlett-Packard
15.3.5 SAP SE
15.3.6 Accenture
15.3.7 IBM
15.3.8 SAS Institute
15.3.9 Dell EMC
15.3.10 Teradata
15.3.11 Alteryx Ltdl
15.3.12 Opera Solutions
15.3.13 Wipro
15.3.14 Information Builders
15.3.15 MicroStrategy Inc
For more information about this report visit https://www.researchandmarkets.com/r/ct49f
Media Contact:
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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SOURCE Research and Markets
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