Big Data as a Service (BDaaS) Market 2019 Global Trends, Sales Revenue, Industry Growth Analysis, Opportunities and Comprehensive Research Study 2022
Market Research Future published a research report on Global Big Data as a Service Market Research Report- Global Forecast 2022 Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.
Pune, India – February 28, 2019 /MarketersMedia/ —
Big Data as a Service Global Market – Overview
Big data as a service (BDaaS) is a statistical tool used for delivering information by an outside provider. Due to BDaaS, organizations can understand and gain insights from a large set of information. As a market, this service is growing due to various factors including demand for data science and predictive analysis and increasing requirement of structured data for analysis. Structured data aids the growth of organizations by making it faster and helps them to achieve their targets. Increase in the amount of data makes data analysis time consuming and quick analysis is always required for speedy accomplishments of tasks and fulfillment of other organizational requirements. Demand for predictive analysis and data science is also expected to drive the market growth. The competitive analysis of BDaaS comprises of many large vendors. Platforms like Watson Data Platform include features for data scientists and researchers that are helpful for data cataloging and data refining. This helps higher authorities in an enterprise to analyze and prepare artificial intelligence (AI) related applications that not only improve the data visibility, but also make private data more secure.
Market Research Future (MRFR) has published a research report about the big data as a global server market. This report analyzes and forecasts the huge growth in this market during the forecast period between 2016 and 2022. The findings of this report say that the field-programmable gate array (FPGA) is booming and in the whole Big Data as a Service Market, it is expected to gain prominence over the forecast period.
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According to this report, the proliferation of several real-time information from sources that go beyond log files, mobile devices, and social media have played a vital role in the growth of the BDaaS market. The restraints that hamper the growth of BDaaS global market are challenges associated with privacy. However, demand across different business verticals and investment made by prominent market players in research and development are expected to create greater opportunities.
Key Players
The prominent players in the market of BDaaS Market are- IBM (U.S.), Oracle Corporation (U.S.), Microsoft Corporation (U.S.), Amazon Web Services (U.S.), Google (U.S.), SAP SE (Germany), Cazena (U.S.), Arcadia Data (U.S.), DataTorrent (U.S.), DataHero (U.S.) among others.
Latest Industry News
12 JUL 2018 Microsoft has upgraded the self-service data preparation capabilities in Power Business Intelligence (BI) to help business users extract more meaningful insights from big data stored in their software-as-a-service (SaaS) applications and other sources using familiar tools.
19 JUL 2018 Chinese ride-sharing giant Didi Chuxing has announced that ways to export its AI and strength in big data to become a global enterprise are being explored. In a joint venture with Japanese tech giant SoftBank, Didi Chuxing is planning to bring taxi ride services to Japan.
Segmentation
By services, the market is segmented into HaaS (Hadoop as a Service), DaaS (Data as a Service), and AaaS (Analytics as a Service).
By deployment, the market is segmented into on-premise, on-cloud, and hybrid.
By industry, the market is segmented into BFSI, manufacturing, retail, healthcare, media & entertainment, government among other.
By organization size, the market is segmented into the small and medium enterprise and large enterprise.
On the basis of region, the market is segmented into North America, Europe, Asia Pacific and rest of the world.
Regional Analysis
The global market for big data as a service is estimated to grow at a significant rate during the forecast period. The geographical analysis of big data as a service market is covered for the regions such as North America, Europe (including Russia), Asia Pacific (including Australia and New Zealand) and rest of the world (including the Middle East, Africa, and Southern America). Among the regions and countries mentioned above, the big data as a service market was largely dominated by North America in 2016. North America is much occupied by various key players, and a majority of them reside in the United States. Additionally, higher adoption of big data as a service across various industrial segments contributes towards the growth of this market in North America.
The big data as a service market in Europe is going through a significant change. The big data as a service market has seen an increased application in IT & telecommunication sector. There are, at present, many developments being done in the big data and technologies related to it. Comparing with North America, Europe lacks most of the prominent players. North America holds more than 60% of the top prominent players providing services in this market. Europe and North America are the technologically advanced regions, and the factors affecting the growth of this market is increasing deployment of advanced big data as a service features.
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Intended Audience
Big Data as a Service services providers
Network Component providers
Hadoop service providers
Software Developers
Analytics software developers
Government Agencies
Electronic Device Manufacturers
Value-Added Resellers
Security agencies
Research Firms
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Contact Info:
Name: Abhishek Sawant
Organization: Market Research Future
Website: https://www.marketresearchfuture.com
Source: MarketersMedia
Release ID: 486961
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