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Emergen Research’s latest document, titled ‘Global Big Data as a Service Market - Forecast to 2030,’ is one of the most sought-after market reports involving an in-depth analysis of the global Big Data as a Service Market. The report’s authors have offered necessary details on the latest Big Data as a Service Market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Big Data as a Service Market industry entails useful insights into the estimated Big Data as a Service Market size, revenue share, and sales & distribution networks. Such helpful market insights are bound to help readers outline this industry’s key outcome in the near future.
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The global Big Data as a Service (BDaaS) market size reached USD 18.42 Billion in 2021 and is expected to register a revenue CAGR of 30.3% during the forecast period. Key factors such as increasing demand for better data storage scalability and effective big data solutions are projected to drive market revenue growth between 2022 and 2030. Majority of businesses prioritizedata integration and big data projects. Currently, organizations are generating a vast volume of data (by the minute), which requires adequate storage scalability. Data scalability is the ability of data processing systems to expand their processing capabilities as data volume increases substantially. A scalable data platform can manage fast changes in data expansion, whether in traffic or volume. These systems make use of additional hardware or software to boost data production and storage. When a corporation has a scalable data platform, the firm is also prepared for the potential growth in its respective data needs. Hence, data scaling has become necessary for many organizations dealing with a large number of data sets, which increases demand for big data as a service and is expected to drive market revenue growth during the forecast period.
Research Report on the Big Data as a Service (BDaaS) Market Addresses the Following Key Questions:
Who are the dominant players of the Big Data as a Service (BDaaS) market?
Which regional market is anticipated to have a high growth rate over the projected period?
What consumer trends and demands are expected to influence the operations of the market players in the Big Data as a Service (BDaaS) market?
What are the key growth drivers and restraining factors of the Big Data as a Service (BDaaS) market?
What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
What is the overall impact of the COVID-19 pandemic on the Big Data as a Service (BDaaS) market and its key segments?
Market Overview:
The report bifurcates the Big Data as a Service (BDaaS) market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
-
Solution Outlook (Revenue, USD Billion; 2019–2030)
- Data-as-a-Service
- Hadoop-as-a-Service
- Data Analytics-as-a-Service
-
Component Outlook (Revenue, USD Billion; 2019–2030)
- Services
- Solutions
-
Deployment Outlook (Revenue, USD Billion; 2019–2030)
- Private Cloud
- Public Cloud
- Hybrid Cloud
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Regional Landscape section of the Big Data as a Service (BDaaS) report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Big Data as a Service (BDaaS) market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Companies Profiled in the Report are:
Oracle Corporation, SAP SE, International Business Machines Corporation (IBM), Accenture PLC, Hewlett Packard Enterprise, Dell Technologies Inc., Teradata Corporation, Cloudera, Inc., CenturyLink, Inc., Qubole, Inc., Microsoft Corporation, Google LLC, SAS Institute Inc., and GoodData Corporation
Key Benefits of the Report:
Comprehensive analysis of the competitive scenario and its changing dynamics
Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
In-depth 8-year analysis of the Global Big Data as a Service (BDaaS) Market
Critical understanding of the key market segments
Comprehensive analysis of the drivers, restraints, trends, and opportunities
Detailed regional analysis and extensive company profiling
Extensive assessment of current and emerging trends of the market
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