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[137 Pages Report] Big data as a service market categorizes the global market by solutions, services, organization size, deployment type, industry vertical.
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Big Data as a Service (BDaaS) Industry to grow $42.7 billion by 2024
Scope of The Report The research report categorizes the Big Data as a Service (BDaaS) Market to forecast the revenues and analyse the trends in each of the following subsegments: • Solutions • Hadoop as a Service (HDaaS) • Data Analytics as a Service (DAaaS) • Others* • Services • Public Cloud • Hybrid Cloud • Private Cloud By Component ByDeployment Type And More…
Key Segments Big Data as a Service (BDaaS) market size is expected to grow from USD 11.3 billion in 2019 to USD 42.7 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 30.5% during the forecast period. 1 Key factors driving the BDaaS market include the growing demand in industries to gain actionable insights from big data and enormous amount of data generated due to digitization and automation of enterprises across industries. 2 The adoption of BDaaS solutions is high among large enterprises, as they spend a significant amount to make themselves technologically proficient. Large enterprises have distributed data scattered over various departments. 3 Based on deployment type, the BDaaS market has been segmented into public cloud, hybrid cloud, and private cloud. BDaaS solutions enable organizations to lessen the cost of Information Technology (IT) infrastructure, software, storage, and technical staff. 4 5 The adoption of BDaaS solutions among large enterprises is high as in today’s highly competitive world, large enterprises leave no stone unturned to capture a higher market share.
Market Growth Rate CAGR 2019 2024 Market Size of $ 11.3 billion Market Size of $ 42.7 billion 30.5%
Key Vendors Major Players • IBM (US) • Oracle (US) • Microsoft (US) • Google (US) • AWS (US) • And More View Report Here - https://www.marketsandmarkets.com/Market-Reports/big-data-as-a-service-market-4129107.html
Major Regions • North America • Europe • APAC • MEA • Latin America • North America is expected to lead the market It is the most advanced region in terms of technology adoption & IT infrastructure.
Key Questions Addressed by the Report: • Where would all these developments take the industry in the mid to long term? • What are the upcoming industry solutions for the Big Data as a Service market? • Which are the major factors expected to drive the market? • Which industry vertical would gain the largest market share in the Big Data as a Service (BDaaS) market? • Which region would offer high growth for vendors in the BDaaS market?
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