Global Big Data as a Service Market 2024-2028

Global Big Data As A Service Market 2024-2028

The big data as a service market is forecasted to grow by USD 41.20 bn during 2023-2028, accelerating at a CAGR of 28.45% during the forecast period. The report on the big data as a service market provides a holistic analysis, market size and forecast, trends, growth drivers, challenges, and vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing amount of data, the increase in adoption of big data services in industries, and the increased importance of big data in social media marketing.

Technavio's big data as a service market is segmented as below:

By Type

Data analytics-as-a-Service
Hadoop-as-a-service
Data-as-a-service

By Deployment

Public cloud
Hybrid cloud
Private cloud

By Geography

North America
APAC
Europe
South America
Middle East and Africa

This study identifies the increasing popularity of big data in blockchain technology as one of the prime reasons driving the big data as a service market growth during the next few years. Also, the growing demand for predictive analytics and the increasing importance of big data in IoT will lead to sizable demand in the market.

The report on the big data as a service market covers the following areas:

Big data as a service market sizing
Big data as a service market forecast
Big data as a service market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading big data as a service market vendors that include Accenture Plc, Alphabet Inc., Alteryx Inc., Amazon.com Inc., Circana, Cloudera Inc., Datameer Inc., Dell Technologies Inc., Deloitte Touche Tohmatsu Ltd., Enthought Inc., Hewlett Packard Enterprise Co., Hitachi Ltd., Idera Inc., International Business Machines Corp., Microsoft Corp., Oracle Corp., PricewaterhouseCoopers LLP, Salesforce Inc., SAP SE, SAS Institute Inc., and Teradata Corp. Also, the big data as a service market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.