The global big data as a service (BDaaS) market size reached USD 14.88 Billion in 2020 and is expected to register a CAGR of 31.2% during the forecast period, according to latest analysis by Emergen Research. Robust market revenue growth is expected to be driven by increasing need to reduce costs of in-house big data infrastructure. Rising demand for big data as a service solution to improve decision-making abilities and Return On Investment (ROI) is also expected to augment market growth over the forecast period. Increasing usage of social media analytics is expected to boost global big data as a service (BDaaS) market growth going ahead.
The research report gives a special focus on the strengths and weaknesses of the leading participants and offers a comprehensive SWOT analysis and an investigative study for their evolution through extensive historical analysis. Additionally, the global Big Data as a Service (BDaaS) market is segmented into product types, applications, regions, and end-user industries. The report utilizes Porter’s Five Forces analysis to offer accurate predictions about the growth rate of the market. The study investigates and assesses the global Big Data as a Service (BDaaS) market in terms of market size, market share, and revenue generation. The report also assesses the growth of the segments of the Big Data as a Service (BDaaS) market over the forecast timeline.
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Some Key Highlights From the Report
- Solution segment revenue is expected to expand at a significant CAGR during the forecast period. Increasing amount of data generated in businesses across various sectors is expected to boost revenue growth this segment going ahead.
- The hadoop-as-a-service segment is expected to lead in terms of revenue over the forecast period due to increasing number of businesses around the world utilizing cloud data storage regularly.
- Factors such as robust presence of Big Data as a Service (BDaaS) solutions and services providers such as Google LLC, Dell Technologies Inc., and Oracle Corporation among others in countries in North America is expected to continue to support growth of the market in the region during the forecast period.
- Major players in the market include International Business Machines Corporation, Oracle Corporation, Accenture plc, Hewlett Packard Enterprise, Google LLC, Cloudera, Inc., Teradata Corporation, Dell Technologies Inc., CenturyLink, Inc., and SAP SE
- In February 2021, Infinity Works Consulting Limited acquired by Accenture plc. Accenture Cloud First’s cloud delivery and innovation capabilities in the UK will be strengthened and expanded as a result of this acquisition.
Market Segmentation:
Emergen Research has segmented the global big data as a service (BDaaS) market on the basis of component, solution, deployment, end-use, and region:
- Component Outlook (Revenue, USD Billion; 2018–2028)
- Services
- Solution
- Solution Outlook (Revenue, USD Billion; 2018–2028)
- Data-as-a-Service
- Hadoop-as-a-Service
- Data Analytics-as-a-Service
- Deployment Outlook (Revenue, USD Billion; 2018–2028)
- Private Cloud
- Public Cloud
- Hybrid Cloud
- End-Use Outlook (Revenue, USD Billion; 2018–2028)
- Manufacturing
- Healthcare
- BFSI
- Media and Entertainment
- IT & Telecom
- Retail & Consumer Goods
- Government
- Others
Regional Analysis:
The report provides an investigation of the global market in various geographical regions. The regional analysis states the global market is bifurcated into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. The report also covers import export consumption, supply and demand ratio, cost, pricing analysis, gross margin, and revenue estimation of each player in each region. The report covers a detailed examination of the market scenarios and trends on a regional and global level.
Key geographical regions analyzed in the report:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key Objectives of the Big Data as a Service (BDaaS) Market Report:
- To provide an exhaustive overview of the Big Data as a Service (BDaaS) market both on the global and regional levels
- To offer extensive analysis and forecast of the market scenario for the global Big Data as a Service (BDaaS) market
- Analysis of the market segmentation, market size and share, and estimations for the same in the forecast period
- Extensive study of market dynamics and the factors influencing the growth of the industry
- Comprehensive competitive landscape analysis and extensive regional analysis
- SWOT analysis, Porter’s Five Forces analysis, feasibility analysis, and investment return analysis
- Prevailing marketing strategies along with strategic recommendations for the new players and established companies
Table Of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021–2028
Chapter 3. Key Insights
Chapter 4. Big Data as a Service (BDaaS) Market Segmentation & Impact Analysis
4.1. Big Data as a Service (BDaaS) Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing need to reduce costs of in-house big data infrastructure
4.2.2.2. Increasing demand for better data storage scalability
4.2.2.3. Rising demand for implementable big data insights
4.2.2.4. Increasing demand for big data as a service solution
4.2.3. Market restraints analysis
4.2.3.1. Concern regarding data privacy and security
4.2.3.2. Difficulties of gaining useful insights from a massive source of data
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Big Data as a Service (BDaaS) Market By Component Insights & Trends, Revenue (USD Billion)
5.1. Component Dynamics & Market Share, 2021–2028
5.1.1. Services
5.1.2. Solution
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Contact Information:
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com