Product Code: SR1423A33_Report
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.
Big data as a service, abbreviated as BDaaS, is a cloud-based service related to the delivery of tools or information based on statistical analysis that helps an organization to understand and use the insights generated in order to improve their efficiency. BDaaS can be used as a software that is operated by a team of data scientists. It relies on the internet or cloud storage for providing uninterrupted access to data. It decreases the efforts required to manually process data through a platform or an analytics program. Furthermore, its predictive analysis assists the organizations to have a competitive edge and gain operational efficiency.
Big Data as a Service Market Trends:
- The thriving banking, financial services, and insurance industry (BFSI) is one of the key factors driving the market growth. The increasing rate of internet penetration coupled with the development of Internet of Things (IoT) across various industry sectors, is also augmenting the market growth. An enormous amount of unstructured data is generated by various sectors, which is processed using big data to create space for effective utilization of organizational resources. The implementation of BDaaS has enabled organizations to efficiently make data-driven decisions as it aids in the forecast of event outcomes. This consequently helps organizations to reduce their upfront data storage, management and infrastructure costs. Utmost precision along with insightful analytical results is the key feature favoring the adoption of big data services across many organizations. Moreover, the growing adoption of cloud computing coupled with the increasing focus on research and development (R&D) activities to launch services with more enhanced security features is also projected to positively impact the industry growth in the coming years.
Key Market Segmentation:
- IMARC Group provides an analysis of the key trends in each sub-segment of the global big data as a service market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on solution, deployment model, platform type, organization size and verticals.
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
Breakup by Organization Size:
- Small and Medium-Sized Enterprises
- Large Enterprises
Breakup by Verticals:
- BFSI
- Healthcare
- Retail
- IT and Telecommunication
- Manufacturing
- Media and Entertainment
- Others
Breakup by Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Competitive Landscape:
- The report has also analysed the competitive landscape of the market with some of the key players being 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 and MicroStrategy Inc., etc.
- Key Questions Answered in This Report
- 1. What was the size of the global Big Data as a Service market in 2022?
- 2. What is the expected growth rate of the global Big Data as a Service market during 2023- 2028?
- 3. What are the key factors driving the global Big Data as a Service market?
- 4. What has been the impact of COVID-19 on the global Big Data as a Service market?
- 5. What is the breakup of the global Big Data as a Service market based on the solution?
- 6. What is the breakup of the global Big Data as a Service market based on the deployment model?
- 7. What is the breakup of the global Big Data as a Service market based on the platform type?
- 8. What is the breakup of the global Big Data as a Service market based on the organization size?
- 9. What is the breakup of the global Big Data as a Service market based on the verticals?
- 10. What are the key regions in the global Big Data as a Service market?
- 11. Who are the key players/companies in the global Big Data as a Service market?
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 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 Weaknesses
- 6.4 Opportunities
- 6.5 Threats
7 Value Chain Analysis
8 Porter's Five Forces Analysis
- 8.1 Overview
- 8.2 Bargaining Power of Buyers
- 8.3 Bargaining Power of Suppliers
- 8.4 Degree of Competition
- 8.5 Threat of New Entrants
- 8.6 Threat of Substitutes
9 Market Breakup by Solution
- 9.1 Hadoop-as-a-Service (HDaaS)
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Data-as-a-Service (DaaS)
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Data Analytics-as-a-Service (DAaaS)
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
10 Market Breakup by Deployment Model
- 10.1 Public Cloud
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 Private Cloud
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
- 10.3 Hybrid Cloud
- 10.3.1 Market Trends
- 10.3.2 Market Forecast
11 Market Breakup by Platform Type
- 11.1 JAVA
- 11.1.1 Market Trends
- 11.1.2 Market Forecast
- 11.2 Microsoft
- 11.2.1 Market Trends
- 11.2.2 Market Forecast
- 11.3 Oracle
- 11.3.1 Market Trends
- 11.3.2 Market Forecast
- 11.4 SAP
- 11.4.1 Market Trends
- 11.4.2 Market Forecast
- 11.5 Others
- 11.5.1 Market Trends
- 11.5.2 Market Forecast
12 Market Breakup by Organization Size
- 12.1 Small and Medium-Sized Enterprises
- 12.1.1 Market Trends
- 12.1.2 Market Forecast
- 12.2 Large Enterprises
- 12.2.1 Market Trends
- 12.2.2 Market Forecast
13 Market Breakup by Verticals
- 13.1 BFSI
- 13.1.1 Market Trends
- 13.1.2 Market Forecast
- 13.2 Healthcare
- 13.2.1 Market Trends
- 13.2.2 Market Forecast
- 13.3 Retail
- 13.3.1 Market Trends
- 13.3.2 Market Forecast
- 13.4 IT and Telecommunication
- 13.4.1 Market Trends
- 13.4.2 Market Forecast
- 13.5 Manufacturing
- 13.5.1 Market Trends
- 13.5.2 Market Forecast
- 13.6 Media and Entertainment
- 13.6.1 Market Trends
- 13.6.2 Market Forecast
- 13.7 Others
- 13.7.1 Market Trends
- 13.7.2 Market Forecast
14 Market Breakup by Region
- 14.1 North America
- 14.1.1 Market Trends
- 14.1.2 Market Forecast
- 14.2 Europe
- 14.2.1 Market Trends
- 14.2.2 Market Forecast
- 14.3 Asia Pacific
- 14.3.1 Market Trends
- 14.3.2 Market Forecast
- 14.4 Middle East and Africa
- 14.4.1 Market Trends
- 14.4.2 Market Forecast
- 14.5 Latin America
- 14.5.1 Market Trends
- 14.5.2 Market Forecast
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Amazon Web Services Inc
- 15.3.2 Oracle Corporation
- 15.3.3 Google Inc
- 15.3.4 Hewlett-Packard
- 15.3.5 SAP SE
- 15.3.6 Accenture
- 15.3.7 IBM
- 15.3.8 SAS Institute
- 15.3.9 Dell EMC
- 15.3.10 Teradata
- 15.3.11 Alteryx Ltd
- 15.3.12 Opera Solutions
- 15.3.13 Wipro
- 15.3.14 Information Builders
- 15.3.15 MicroStrategy Inc