Market Research Future published a research report on “Global Big Data as a Service Market Research Report- Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Market Research Future (MRFR)’s latest study projects that the global big data as a service market is set to exhibit substantial growth over the next couple of years. The massive amounts of data being generated by the business enterprises have created a need for structured data analysis for gaining insights into the stock of data. It has catapulted the Big Data as a Service Market on an upward trajectory. The requirement for data analysis facilitates the achievement of business goals. It is anticipated to aid the market proliferation in the upcoming years.
The market landscape represents robust competition with the key players’ focus on technological advancements for capitalizing on the market expansion. The developments in the predictive analytics and data science tools are prognosticated to have a positive influence on the expansion of the big data as a service market over the assessment period. Furthermore, the adoption of cloud-based technology has opened new avenues of growth opportunities for the market participants.
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The prominent players in the market of BDaaS are- IBM (U.S.), Oracle Corporation (U.S.), Microsoft Corporation (U.S.), Amazon Web Services (U.S.), Google (U.S.), SAP SE (Germany), Cazena (U.S.), Arcadia Data (U.S.), DataTorrent (U.S.), DataHero (U.S.) among others.
By services, the global big data as a service market is segmented into HaaS (Hadoop as a Service), DaaS (Data as a Service), and AaaS (Analytics as a Service).
By deployment, the big data as a service market has been segmented into on-premise, on-cloud, and hybrid.
By industry, the global big data as a service market is segmented into BFSI, manufacturing, retail, healthcare, media & entertainment, government, and others.
By organization size, the big data as a service market has been segmented into the small and medium enterprise, and large enterprise.
By region, the global big data as a service market has been segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America held a dominant share of the market in 2016 and is projected to retain a significant share of the market during the forecast period. The favors favoring the growth of the regional market include the large-scale adoption of big data as a service across various industrial verticals. The consolidation of major key players in the U.S. has led the expansion of the big data as a service market in the region with the U.S. being one of the most prominent country-level markets.
Europe is another significant growth pocket of the big data as a service market. Although the market in Europe is undergoing a significant transformation and also lacks the advantageous consolidation of key players; still, it is projected to show a steep rise in the growth of the big data as a service market. The growth can be ascribed to the rapid adoption of the technology across different industry verticals coupled with increased application in IT & telecommunication sector.
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TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Porter’s Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain Of Global Big Data As A Service Market
5 Deployment Overview Of Global Big Data As A Service Market
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges
Know More about this Report @ https://www.marketwatch.com/press-release/big-data-as-a-service-market-size-growth-factors-sales-revenue-emerging-technologies-competitive-landscape-opportunity-assessment-and-trends-by-forecast-2022-2019-04-10
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