Big Data As A Service (BDaas) Market

Big Data As A Service (BDaas) Market by Deployment Models (Private Cloud, Public Cloud, and Hybrid Cloud), Solution Types (Hadoop-as-a-Service, Data-as-a-Service, and Data Analytics-as-a-Service), End-users (Retail and E-Commerce, BFSI, Healthcare, IT & Telecom, Manufacturing, Government, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: ICT-SE-793
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 186
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The global big data as a service market size was valued at USD 13 billion in 2020 and is anticipated to reach USD 51 billion by 2028, expanding at a CAGR of 25% during the forecast period, 2021–2028. The growth of the market is attributed to the expansion of social media platforms, the increasing rate of 5G implementation, and the growing number of e-commerce sectors throughout the world that are driving the industry.
 

Big Data As A Service (BDaas) Market Key Takeaways

 

Big Data as a service refers to the software, data warehousing, infrastructure, and platform service models used to provide sophisticated analysis of big data sets via the internet. People can use Big Data services to have infinite storage and computational power. It's a very cost-effective alternative for businesses because the cloud provider handles all of the underlying hardware management.

During the Covid-19 pandemic, the big data as a service business is anticipated to continue to rise. The IT industry's activities are typically carried out on a "work from home" basis. As a result, big data as a service is widely used in industries such as banking, finance, e-commerce, information technology and telecommunications, healthcare, and government. On a contrary, due to the operational pause imposed by all governments during the new coronavirus epidemic, demand for big data as a service has declined in industries such as manufacturing and retail.

Market Trends, Drivers, Restraints, and Opportunities

  • Increased need for actionable insights from big data by using the benefits of cloud technology can be linked to the growth of the Bdaas market is projected to boost the market growth during the forecast period.
  • The global big data as a service market is largely driven by the growing need for structured data for analysis, which enables businesses to meet their objectives and expand at a quicker rate is anticipated to propel the market expansion in the coming years.
  • The growth of big data analytics, which includes data from smart meters, in-vehicle entertainment, sensors, and other intelligent devices, is boosting the enormous global data as a service industry is key factors spurring the market growth during the forecast period.
  • Utilizing minimum hardware and utilizing cost-effective technologies to construct real-time machines, big data promotes better product designs is expected to create immense opportunities for the market players.

Scope of the Report

The report on the global big data as a service market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Big Data As A Service Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

By Deployment Models (Private Cloud, Public Cloud, and Hybrid Cloud), Solution Types (Hadoop-as-a-Service, Data-as-a-Service, and Data Analytics-as-a-Service), and End-users (Retail and E-Commerce, BFSI, Healthcare, IT & Telecom, Manufacturing, Government, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Accenture PLC; Alteryx Ltd; Amazon Web Services Inc.; Google LLC; Guavus Inc.; Hewlett-Packard Company; IBM Corporation; Information Builders Inc.; Microsoft Corporation; Opera Solutions LLC; Oracle Corporation; SAP SE; SAS Institute Inc.; and Wipro Ltd

 

Global Big Data As A Service Market Segment Insights

Public cloud segment is projected to hold a major market share
Based on deployment models, the global big data as a service market is divided into private cloud, public cloud, and hybrid cloud. The public cloud segment is expected to account for a key share of the market during the forecast period due to the low initial investment necessary for deployment, as well as the lack of obligations associated with infrastructure management, which is fueling the market's growth.
 

Big Data As A Service (BDaas) Market By Deployment Models


Data-as-a-service segment is expected to expand at a rapid pace
On the basis of solution types, the market is segregated into Hadoop-as-a-service, data-as-a-Service, and data analytics-as-a-service. The data-as-a-service segment is expected to constitute a key share of the market in the coming years owing to its low-cost option for small and medium-sized businesses. The use of cloud-based services by small and medium businesses is expected to drive the big data as a service industry further.

Healthcare segment is anticipated to expand at a rapid CAGR
In terms of end-users, the global big data as a service market is segmented into retail and e-commerce, BFSI, healthcare, IT & telecom, manufacturing, government, and others. The healthcare segment is expected to hold a key share of the market during the forecast period due to the growing demand for big data services in healthcare and the growing volume of medical data Big data as a service is utilized in the healthcare business to gather, analyze, and exploit a patient's physical and clinical data. It also aids in the discovery of patterns and configurations in health outcomes, patient happiness, and overall hospital expansion.

North America is anticipated to dominate the market
On the basis of regions, the global big data as a service market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is anticipated to dominate the market at an impressive CAGR during the forecast period. The regional market growth can be attributed to increased government financing for big data initiatives in the United States and substantial e-commerce penetration in the market.
 

Big Data As A Service (BDaas) Market By Regions

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Big Data As A Service (BDaas) Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Big Data As A Service (BDaas) Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Big Data As A Service (BDaas) Market - Supply Chain
  4.5. Global Big Data As A Service (BDaas) Market Forecast
     4.5.1. Big Data As A Service (BDaas) Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Big Data As A Service (BDaas) Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Big Data As A Service (BDaas) Market Absolute $ Opportunity
5. Global Big Data As A Service (BDaas) Market Analysis and Forecast by End Users
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by End Users
     5.2.2. Y-o-Y Growth Projections by End Users
  5.3. Big Data As A Service (BDaas) Market Size and Volume Forecast by End Users
     5.3.1. Retail and E-Commerce
     5.3.2. BFSI
     5.3.3. Healthcare
     5.3.4. IT & Telecom
     5.3.5. Manufacturing
     5.3.6. Government
     5.3.7. Others
  5.4. Absolute $ Opportunity Assessment by End Users
  5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Big Data As A Service (BDaas) Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Big Data As A Service (BDaas) Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Big Data As A Service (BDaas) Demand Share Forecast, 2019-2026
7. North America Big Data As A Service (BDaas) Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Big Data As A Service (BDaas) Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Big Data As A Service (BDaas) Market Size and Volume Forecast by End Users
     7.4.1. Retail and E-Commerce
     7.4.2. BFSI
     7.4.3. Healthcare
     7.4.4. IT & Telecom
     7.4.5. Manufacturing
     7.4.6. Government
     7.4.7. Others
  7.5. Basis Point Share (BPS) Analysis by End Users
  7.6. Y-o-Y Growth Projections by End Users
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Big Data As A Service (BDaas) Demand Share Forecast, 2019-2026
8. Latin America Big Data As A Service (BDaas) Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Big Data As A Service (BDaas) Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Big Data As A Service (BDaas) Market Size and Volume Forecast by End Users
     8.4.1. Retail and E-Commerce
     8.4.2. BFSI
     8.4.3. Healthcare
     8.4.4. IT & Telecom
     8.4.5. Manufacturing
     8.4.6. Government
     8.4.7. Others
  8.5. Basis Point Share (BPS) Analysis by End Users
  8.6. Y-o-Y Growth Projections by End Users
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Big Data As A Service (BDaas) Demand Share Forecast, 2019-2026
9. Europe Big Data As A Service (BDaas) Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Big Data As A Service (BDaas) Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Big Data As A Service (BDaas) Market Size and Volume Forecast by End Users
     9.4.1. Retail and E-Commerce
     9.4.2. BFSI
     9.4.3. Healthcare
     9.4.4. IT & Telecom
     9.4.5. Manufacturing
     9.4.6. Government
     9.4.7. Others
  9.5. Basis Point Share (BPS) Analysis by End Users
  9.6. Y-o-Y Growth Projections by End Users
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Big Data As A Service (BDaas) Demand Share Forecast, 2019-2026
10. Asia Pacific Big Data As A Service (BDaas) Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Big Data As A Service (BDaas) Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Big Data As A Service (BDaas) Market Size and Volume Forecast by End Users
     10.4.1. Retail and E-Commerce
     10.4.2. BFSI
     10.4.3. Healthcare
     10.4.4. IT & Telecom
     10.4.5. Manufacturing
     10.4.6. Government
     10.4.7. Others
  10.5. Basis Point Share (BPS) Analysis by End Users
  10.6. Y-o-Y Growth Projections by End Users
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Big Data As A Service (BDaas) Demand Share Forecast, 2019-2026
11. Middle East & Africa Big Data As A Service (BDaas) Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Big Data As A Service (BDaas) Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Big Data As A Service (BDaas) Market Size and Volume Forecast by End Users
     11.4.1. Retail and E-Commerce
     11.4.2. BFSI
     11.4.3. Healthcare
     11.4.4. IT & Telecom
     11.4.5. Manufacturing
     11.4.6. Government
     11.4.7. Others
  11.5. Basis Point Share (BPS) Analysis by End Users
  11.6. Y-o-Y Growth Projections by End Users
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Big Data As A Service (BDaas) Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Big Data As A Service (BDaas) Market: Market Share Analysis
  12.2. Big Data As A Service (BDaas) Distributors and Customers
  12.3. Big Data As A Service (BDaas) Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Accenture PLC
     12.4.2. Alteryx Ltd
     12.4.3. Amazon Web Services Inc.
     12.4.4. Google LLC
     12.4.5. Guavus Inc.

Segments Covered in the Report
The global big data as a service market has been segmented on the basis of

Deployment Models

  • Private Cloud
  • Public Cloud
  • Hybrid Cloud

Solution Types

  • Hadoop-as-a-Service
  • Data-as-a-Service
  • Data Analytics-as-a-Service

End-users

  • Retail and E-Commerce
  • BFSI
  • Healthcare
  • IT & Telecom
  • Manufacturing
  • Government
  • Others

Regions

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

Key Players

  • Accenture PLC
  • Alteryx Ltd
  • Amazon Web Services Inc.
  • Google LLC
  • Guavus Inc.
  • Hewlett-Packard Company
  • IBM Corporation
  • Information Builders Inc.
  • Microsoft Corporation
  • Opera Solutions LLC
  • Oracle Corporation
  • SAP SE
  • SAS Institute Inc.
  • Wipro Ltd

 

Key players competing in the global big data as a service market are Accenture PLC; Alteryx Ltd; Amazon Web Services Inc.; Google LLC; Guavus Inc.; Hewlett-Packard Company; IBM Corporation; Information Builders Inc.; Microsoft Corporation; Opera Solutions LLC; Oracle Corporation; SAP SE; SAS Institute Inc.; and Wipro Ltd. Some of these players are adopting several market strategies including acquisitions, mergers, collaborations, partnerships, capacity expansion, and product launches to increase their market shares.
 

Big Data As A Service (BDaas) Market Key Players

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