Big Data As A Service Market Applications, Technology, Types, Recent Trends, Future Growth Analysis, Industry Analysis and Forecasts 2027



Big Data as a Service chiefly refers to the massive amount of the data that is continually being stored, analyzed, processed, and developed in cloud-based infrastructure. Big Data as a service is the deployment of data platforms and tools by cloud providers to assist enterprises and organizations process, manage, and analyze large sets of structured and unstructured data sets by leveraging data management systems and IT skills of a third-party provider. Over the course of the last decade, many companies have started offering cloud-based Big Data as a service to help other companies and organizations streamline their data storage and analysis.

Market Size – USD 14.88 Billion in 2020, Market Growth – at a CAGR of 31.2%, Market Trends – Increasing usage of social media analytics

However, difficulties in gaining useful insights from vast data volumes from various sources is expected to hamper growth of the global big data as a service (BDaaS) market to a certain extent over the forecast period.

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Major players in the market include International Business Machines Corporation, Oracle Corporation, Accenture plc, Hewlett Packard Enterprise, Google LLC, Cloudera, Inc., Teradata Corporation, Dell Technologies Inc., CenturyLink, Inc., and SAP SE

Some Key Highlights From the Report

Solution segment revenue is expected to expand at a significant CAGR during the forecast period. Increasing amount of data generated in businesses across various sectors is expected to boost revenue growth this segment going ahead.

The hadoop-as-a-service segment is expected to lead in terms of revenue over the forecast period due to increasing number of businesses around the world utilizing cloud data storage regularly.

The public cloud segment is expected to lead in terms of revenue over the forecast period due to rising implementation of public cloud-based big data as a service (BDaaS) solution across various industries.

The BFSI segment is expected to lead in terms of revenue over the forecast period due to increasing adoption of big data as a service (BDaaS) solution in the BFSI industry for risk management.

Factors such as robust presence of Big Data as a Service (BDaaS) solutions and services providers such as Google LLC, Dell Technologies Inc., and Oracle Corporation among others in countries in North America is expected to continue to support growth of the market in the region during the forecast period.

To know more about the report @ https://www.emergenresearch.com/industry-report/big-data-as-a-service-market 

For this report, Emergen Research has segmented the global weather forecasting systems market based on solution, forecast type, application, and region.

  • Solution Outlook (Revenue, USD Billion; 2018–2028)
    • Software
    • Hardware
  • Forecast Type Outlook (Revenue, USD Billion; 2018–2028)
    • Short-range
    • Medium-range
    • Long-range
  • Application Outlook (Revenue, USD Billion; 2018–2028)
    • Weather Satellites
    • Weather Observing Systems
    • Weather Stations
    • Weather Drones
    • Weather Balloons
  • Regional Outlook (Revenue, USD Billion; 2018–2028)
    • North America
      1. U.S.
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. U.K.
      3. France
      4. Italy
      5. Spain
      6. BENELUX
      7. Rest of Europe
    • Asia Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East & Africa
      1. Saudi Arabia
      2. UAE
      3. South Africa
      4. Turkey
      5. Rest of MEA

Report Objectives

Examine the size of the global Keyword market based on the parameters of value and volume.

Extensively profile top players of the global Keyword market and showing how they compete in the industry.

Study manufacturing processes and the costs, product pricing, and various trends associated with them.

Analyze the performance of different regions and countries in the global Keyword market.

Forecast the market size and share of all segments and regions in the global landscape.

 

 

 

 

 

 

 

 

 

 

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