How Big Data-As-Service Market Can Increase Your Profit! Says Hewlett Packard, IBM, Microsoft, SAP, SAS, Teradata, Accenture
Big Data-As-Service is a cloud-based framework, which provides end-to-end big data solutions to enterprises on their demand. It can be defined as a combined structure of data-as-a-service (DaaS), hadoop-as-a-service (HDaaS), and data analytics-as-a-service. The augmenting need for ensuring the high data quality and creating a channelized data flow in enterprises has fueled the need for technologically advanced big data solutions to gather, store, assess, visualize, and make predictions from the information gained from large data volumes. With the rising usage of cloud-based predictive analytics, the global market for Big Data-As-Service is likely to witness strong growth in the years to come.
In 2019, the Big Data-As-Service market was valued at USD 8.90 Billion, and it is expected to reach USD 31.75 Billion by 2026, at a CAGR of 24.51% over the forecast period.
Top Key Players Covered in Big Data-As-Service Market:
Hewlett Packard Enterprise Development LP, International Business Machines Corporation, Microsoft Corporation, SAP SE, SAS Institute Inc., Teradata Corporation, Accenture LLP, Oracle Corporation, SunGard Data Systems Inc., UST GLOBAL INC, and MapR Technologies
Carters and chains impacting the growth of the market have also been analyzed. A segmentation of the global Big Data-As-Service market has been done for the purpose of a detailed study. The profiling of the leading players is done in order to judge the current competitive scenario. The competitive landscape is assessed by taking into consideration many important factors such as business growth, recent developments, product pipeline, and others. The research report further makes use of graphical representations such as tables, info graphics, and charts to forecast figures and historical data of the global Big Data-As-Service market.
Big Data-As-Service (BDaaS) is the delivery of statistical analysis tools or information by an outside provider that helps organizations understand and use insights from large information sets in order to gain a competitive advantage. The evolution of technological tools has enabled solutions to be delivered as a service. Owing to this, Software as a Service (SaaS), Platform as a Service (PaaS), and Data as a Service (DaaS) have emerged as potential growth opportunities for Big Data vendors.
Global Big Data-As-Service Market: Segmentation
Big Data-As-Service market On the basis of solution type- Hadoop-as-a-Service (HDaaS), Data Analytics-as-a-Service (DAaaS), Data-as-a-Service (DaaS)
Big Data-As-Service market On the basis of deployment model type- Public cloud, Private cloud, Hybrid cloud
Big Data-As-Service market On the basis of platform type- JAVA, Microsoft, Oracle, SAP, Others
Big Data-As-Service market On the basis of end use industries- Banking & Financial Services, Retail, Manufacturing, Energy & Utilities, Healthcare, Public Sector, Media & Entertainment, Others