Big Data as a Service (BDaaS) Market Revenue, Company Profile, Key Trend Analysis & Forecast, 2021

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, according to latest analysis by Emergen Research. 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.

Additionally, the report also gives an insight into product portfolios, costs, sales, production capacities, and market players. Raw materials, demand analysis, product flow, and distribution channels have been studied and surveyed extensively in this research report. The key growth trends and opportunities are offered through a thorough investigation and examination of the market. A detailed course of development is offered in the report along with insights into businesses connected with it, which include firms, industries, organizations, vendors, and local manufacturers.

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Key companies operating in the Big Data as a Service (BDaaS) market include:

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 market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Big Data as a Service (BDaaS) market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

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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Big Data as a Service (BDaaS) Market Segmentation:

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

Big Data as a Service (BDaaS) Market Segmentation by Regions:

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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