According to the latest research report by IMARC Group, The global big data as a service (BDaaS) market size reached US$ 38.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 120.7 Billion by 2028, exhibiting a growth rate (CAGR) of 20.78% during 2023-2028.
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2. About IMARC Group
International Market Analysis Research and Consulting Group is a leading adviser on management
strategy and market research worldwide. We partner with clients in all regions and industry
verticals to identify their highest-value opportunities, address their most critical challenges, and
transform their businesses.
IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods
are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our clients
achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting
results.
3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "Big Data as a Service
(BDaaS) Market: Global Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2023-2028," the global big data as a service (BDaaS) market
size reached US$ 38.6 Billion in 2022.
Big data as a service is a comprehensive cloud-based solution that provides
organizations with the tools and infrastructure necessary to manage, process,
and analyze vast volumes of data without the need for extensive in-house
hardware or technical expertise. It relies on cloud computing capabilities,
ensuring quick data processing and analysis, thus reducing decision-making
latency.
It enables data processing at scale, including real-time analytics, batch
processing, and machine learning (ML) algorithms, facilitating informed
decision-making. It also offers scalable and secure storage solutions for
storing vast datasets, ensuring easy access and efficient data management. It
fosters collaboration within organizations by enabling data sharing across
departments and integrating various data sources seamlessly.
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4. Report Description
Global Big Data as a Service (BDaaS) Market Trends:
At present, the increasing demand for BdaaS, as it empowers businesses to harness the potential of big data to
make data-driven decisions, gain valuable insights, and enhance overall operational efficiency, represents one of
the crucial factors impelling the growth of the market. Besides this, the rising practice of outsourcing data
management responsibilities to BDaaS providers among businesses is contributing to the growth of the market.
In addition, the growing utilization of cloud computing technologies to delegate routine tasks and increase
operational efficiency is offering a favorable market outlook. Apart from this, the increasing integration of
advanced analytics and artificial intelligence (AI) capabilities in BDaaS platforms is bolstering the growth of the
market.
Looking forward, the market value is projected to reach US$ 120.7 Billion by 2028, expanding at a CAGR of
20.78% during 2023-2028.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/big-data-as-a-service-market
5. Report
Segmentation
Breakup by Solution:
• Hadoop-as-a-Service (HDaaS)
• Data-as-a-Service (DaaS)
• Data Analytics-as-a-Service (DAaaS)
Breakup by Deployment Model:
• Public Cloud
• Private Cloud
• Hybrid Cloud
Breakup by Platform Type:
• JAVA
• Microsoft
• Oracle
• SAP
• Others
6. Report
Segmentation
Breakup by Organization Size:
• Small and Medium-Sized Enterprises
• Large Enterprises
Breakup by Verticals:
• BFSI
• Healthcare
• Retail
• IT and Telecommunication
• Manuf acturing
• Media and Entertainment
• Others
Breakup by Region:
• North America
• Europe
• Asia Pacific
• Middle East and Af rica
• Latin America
7. Competitive
Landscape with
Key Players
• 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
• MicroStrategy Inc
8. Key Questions
Answered in
the Report
What was the size of the global Big Data as a
Service market in 2022?
What is the expected growth rate of the global Big
Data as a Service market during 2023- 2028?
What are the key factors driving the global Big
Data as a Service market?
What has been the impact of COVID-19 on the
global Big Data as a Service market?
What is the breakup of the global Big Data as a
Service market based on the solution?
What is the breakup of the global Big Data as a
Service market based on the deployment model?
What is the breakup of the global Big Data as a
Service market based on the platform type?
9. Key Questions
Answered in
the Report
What is the breakup of the global Big Data as a
Service market based on the organization size?
What is the breakup of the global Big Data as a
Service market based on the verticals?
What are the key regions in the global Big Data as
a Service market?
Who are the key players/companies in the global
Big Data as a Service market?
10. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Big Data as a Service ( BDaaS) 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
6.1 Overview
6.2 Strengths
6.3 W eaknesses
6.4 Opportunities
6.5 Threats
11. Table of
Contents
7 Value Chain Analysis
8 Porter’s Five Forces Analysis
8.1 Overview
8.2 Barg aining Power of Buyers
8.3 Barg aining Power of Suppliers
8.4 Deg ree of Competition
8.5 T hreat of New Entrants
8.6 T hreat of Substitutes
9 Market Breakup by Solution
9.1 Hadoop-as-a-Service ( HDaaS)
9.1.1 Mark et Trends
9.1.2 Mark et Forecast
9.2 Data-as-a-Service (DaaS)
9.2.1 Mark et Trends
9.2.2 Market Forecast
9.3 Data Analytics-as-a-Service ( DAaaS)
9.3.1 Mark et Trends
9.3.2 Mark et Forecast
10 Market Breakup by Deployment Model
10.1 Public Cloud
10.1.1 Mark et Trends
10.1.2 Mark et Forecast
10.2 Private Cloud
10.2.1 Market Trends
10.2.2 Mark et Forecast
10.3 Hybrid Cloud
10.3.1 Mark et Trends
10.3.2 Mark et Forecast
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