Big Data as a Service Market

“Big Data as a Service Market: Global Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2022-2027” provides a deep and thorough evaluation of the big data as a service by type of solutions (Hadoop-as-a-service, data-as-a-service, data analytics-as-a-service); by deployment model (public cloud, private cloud, hybrid cloud); by organization size (small and medium-sized businesses, large enterprise); by vertical (banking, financial services and insurance (BFSI), healthcare and life sciences, retail and consumer goods, manufacturing, travel and hospitality, it and telecommunication, media and entertainment, government); and by geography (North America, Europe, Asia-Pacific, Latin topical America and Middle East & Africa). Big data as a service (BDaaS) refers to a set of data that is created, processed, analyzed, and stored in cloud-based systems. It acts as a supplement of analytical tools, consultation about the adjustment of large amount of information, and preprocessing of real-time data. On account of this, BDaaS enables organizations to make informed decisions to improve operational efficiency and increase productivity.

The surging requirement for a channelized flow of data and high-quality data in organizations is primarily fueling the growth of the global BDaaS market. This is further supported by the widespread utilization of cloud-based data analytics. Additionally, governments of various nations have been undertaking initiatives to improve the overall big data infrastructure, which is creating a positive outlook for the market.

Beginning with a global overview, the report explores the dynamics that have a strong influence on the big data as a service market and can also impact its future growth. Taking 2021 as the base year, the report covers historical market scenario from 2016-2021 and provides forecasts till 2027. This includes the study of value and volume trends and pricing history. Growth inducing factors, market restraints and recent developments have also been analysed in the report in order to provide deeper knowledge about the industry. On a regional basis, the report examines the big data as a service market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. For each of these regions, the report studies the big data as a service market in detail for latest trends, outlook and opportunities. 

Segmentation by Type of Solutions:

• Hadoop-As-A-Service
• Data-As-A-Service
• Data Analytics-As-A-Service

Segmentation by Deployment Model:

• Public Cloud
• Private Cloud
• Hybrid Cloud

Segmentation by Organization Size:

• Small and Medium-Sized Businesses
• Large Enterprise

Segmentation by Vertical:

• Banking, Financial Services and Insurance (BFSI)
• Healthcare and Life Sciences
• Retail and Consumer Goods
• Manufacturing
• Travel and Hospitality
• IT and Telecommunication
• Media and Entertainment
• Government

Segmentation by Region:

• Asia-Pacific
• Europe
• Latin America
• North America
• Middle East & Africa

Competitive Landscape:

• Amazon Web Services, Inc. (AWS)
• Google Incorporation (Google)
• Hewlett-Packard (HP)
• IBM Corporation
• Teradata Corporation (Teradata)

The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the big data as a service industry along the parameters of the porter’s five forces model. This model examines the degree of competition in the big data as a service industry by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. Swot analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the big data as a service industry. Furthermore, the value chain analysis of the big data as a service industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing and sales of the products, and their distribution.

Highlights of The Big Data as a Service Market

• Historical and current scenario
• Trends and developments
• Impact of COVID-19
• Market forecast
• Price analysis and forecast
• Porter’s five forces analysis
• SWOT analysis
• Value chain analysis

The report is a result of exhaustive primary and secondary research undertaken by analysts having years of experience in the big data as a service industry. All the qualitative and quantitative aspects of the industry have been covered and the collected data has been analysed and presented in the form of easily comprehensible charts, graphs and tables.