Big Data as a Service (BDaaS) Market by Product Type, Distribution Channel, End User 2024-2032


MARKETRESEARCH

Uploaded on Apr 10, 2024

Category Business

According to the latest research report by IMARC Group, The global big data as a service (BDaaS) market size reached US$ 46.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 217.9 Billion by 2032, exhibiting a growth rate (CAGR) of 18.1% during 2024-2032. More Info:- https://www.imarcgroup.com/big-data-as-a-service-market

Category Business

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Big Data as a Service (BDaaS) Market by Product Type, Distribution Channel, End User 2024-2032

Global Big Data as a Service (BDaaS) Market Research and Forecast Report 2024-2032 Format: PDF+EXCEL © 2023 IMARC All Rights Reserved About IMARC Group In ternat ional Market Analys is Research and Consul t ing Group is a leading adv iser on management s t rategy and market research wor ldwide. We par tner wi th c l ients in a l l regions and indust ry vert ica ls to ident i fy thei r h ighest -value oppor tuni t ies, address thei r most cr i t ica l chal lenges, and t ransform thei r bus inesses. IMARC’s in format ion products inc lude major market , sc ient i f ic , economic and technological developments for bus iness leaders in pharmaceut ica l , indust r ia l , and h igh technology organizat ions. Market forecasts and indust ry analys is for b iotechnology, advanced mater ia ls , chemicals , food and beverage, t ravel and tour ism, nanotechnology and novel process ing methods are at the top of the company’s exper t ise. IMARC’s ta i lored approach combines unfathomable ins ight in to the dynamics o f companies and markets wi th c lose cooperat ion at a l l levels of the c l ient organizat ion. This ensures that our c l ients achieve unmatchable compet i t ive advantage, bui ld more pro f ic ient organizat ions, and secure las t ing resul ts . Accord ing to t he la tes t repor t by I MARC G roup , t i t l ed "Bi g Data as a Serv ice (BDaaS) Market : G lobal I ndust ry T rends, Share , S ize , Grow th , Oppor tun i ty and Forecast 2024-2032, " t he g loba l b ig da ta as a serv ice (BDaaS) marke t s i ze reached US$ 46 . 6 B i l l i on in 2023 . Factors Af fect ing the Growth of the Global Big Data as a Service (BDaaS) Industry: Cloud Comput ing Adopt ion: Report The advent o f c l oud compu t ing i s t r ans fo rm ing t he way bus inesses approach da t a ana ly t i cs , ca t a lyz ing the da ta ana ly t i cs -as -a -se rv ice (DAaaS) m arke t . I n add i t i on , Highlight and c loud com pu t ing p la t f o rms p rov ide improved in f ras t ruc tu re t ha t i nc ludes comput ing power , s to rage capac i t y , and ne t work ing capab i l i t i es , wh ich a re essen t i a l f o r p rocess ing and ana lyz ing la rge da tase t s wh ich enab les DAaaS Description prov iders to o f fe r sca lab le , f l ex ib le ana ly t i cs serv ices tha t can be ad jus ted accord ing t o the va ry ing needs o f bus inesses . Bes ides th i s , one o f t he advan t ages o f c loud compu t ing i s i t s ab i l i t y t o democra t i ze access to advanced ana ly t i cs . A long w i th th i s , sma l l and med ium- s i zed en te rpr i ses (SMEs) , can now leve rage c loud -based ana ly t i cs se rv ices e f fec t i ve ly lower i ng t he bar r i e r s t o en t r y , a l l ow ing bus inesses o f a l l s i zes t o u t i l i ze da t a ana ly t i cs fo r i n fo rmed dec is ion -mak ing . Sign i f i can t Advancements in Ar t i f ic ia l In t e l l igence and Machine Learn ing: A r t i f i c i a l I n t e l l i g e nc e (A I ) an d Ma c h i n e L e a r n i n g (M L ) a r e t r a n s f o r m i n g d a t a a n a l y t i c s se r v i c e s . I n a d d i t i o n , t h e D A a a S p r ov i d e r s en h a n c e t h e c a pa b i l i t y o f a na l y t i c s s o l u t i on s t o p r oc e s s , a n a l y ze , a n d i n t e r p r e t c o mp l e x da t a s e t s . A I a n d M L a l g o r i t h m s c an u n c o v e r pa t t e r n s a n d i n s i g h t s f r o m d a t a fo r h u ma n a n a l ys t s t o d e t e c t , l e ad i n g t o mo r e a cc u r a te Report an d a c t i o n ab l e i n s i g h t s . T h e s e t ec h n o l o g i ca l ad v a n ce m e n t s h a v e e x pa n d e d t he s c o pe o f d a t a a n a l y t i c s , e n a b l i n g p re d i c t i v e a n a l y t i c s , w h i c h f o r ec a s t s f u tu r e t r e n ds b as e d on Highlight and h i s t o r i c a l d a t a . T h i s p r e d i c t i ve c a p a b i l i t y i s i n v a l ua b l e f o r b u s i ne s s e s a c r o s s v a r i o u s s ec t o r s , f r o m r e t a i l f o r ec as t i n g c on s u m er b e h a v i o r t o f i n a n c e i d e n t i f y i ng p o t e n t i a l m a r k e t s h i f t s . Description Mo r e o ve r , A I - d r i v en a n a l y t i c s c a n c o n t i nu o u s l y l e a r n a nd i m p r o v e ov e r t i m e , e n s u r i n g t ha t t h e i n s i g h ts p r o v i d e d b ec o m e r e f i n e d a n d r e l e va n t . F u r t h e r m o re , A I a nd M L h av e ma d e i t p o s s i b l e t o a u t o ma t e ro u t i n e d a t a an a l y s i s t a s k s , r e d u c i ng t h e t i m e a nd r es o u r ce s r e qu i r e d fo r d a ta p r oc e s s i n g . Growing Need fo r Cos t - Ef fec t ive Ana ly t ics So lu t ions: T he i nc r e a s i n g d e ma n d f o r c o s t -e f f e c t i v e a n a l y t i c s s o l u t i o n s i s co n t r i bu t i n g t o m a r k e t g r o w t h . I n a dd i t i o n , t r a d i t i o n a l i n - h ou s e d a ta a n a l y t i c s s e t u ps e n t a i l s u bs t a n t i a l i n ve s t m en t s i n i n f o r ma t i o n te c h n o l o gy ( I T ) i n f r as t r u c t u r e , i n c l u d i n g s e rv e r s , s t o r a ge sy s t e ms , a n d a n a l y t i c s s o f t w a r e , a n d t h e h i r i n g a nd t r a i n i n g o f s p e c i a l i ze d p e rs o n n e l . . Moreover , DAaaS o f fe rs an appea l ing a l te rna t ive by p rov id ing access to h igh - leve l ana ly t i cs se rv i ces th rough a subscr ip t ion -based mode l , e l im ina t ing the need fo r l a rge cap i ta l i nves tments wh ich a l lows bus inesses to conver t f i xed IT cos ts in to va r iab le costs , c lose ly a l ign ing expenses w i th the i r ac tua l use o f ana ly t i cs se rv ices . Fur the rmore , by ou tsourc ing ana ly t i cs to DAaaS p rov ide rs , compan ies can tap in to a poo l o f exper t ana lys ts and soph is t i ca ted ana ly t i cs too ls w i thou t bear ing the cos t o f rec ru i t i ng and re ta in ing spec ia l i zed s ta f f . Report Request for a PDF sample o f th is repor t : Highlight and h t tps : / /www. imarcgroup .com/b ig -da ta -as -a -se rv ice -marke t / requestsamp le Description Report Description Global Big Data as a Serv ice (BDaaS) Market Trends: At p resen t , o rgan iza t ions a re tu rn ing t o c loud -based p la t f o rms fo r b ig da t a ana ly t i cs , d r i ven by the need f o r sca lab le , f l ex ib l e , and cos t -e f f ec t i ve so lu t ions . C loud -based BDaaS o f f e rs the advan tage o f access ing vas t compu t ing resources on -demand w i thou t t he need f o r s i gn i f i can t up f ron t inves t ment i n I T in f ras t ruc t u re . M oreover , t he r i s ing demand fo r rea l - t ime da ta p rocess ing and ana ly t i cs se rv ices requ i re imm ed ia te ins igh ts to make in fo rmed dec is ions qu ick l y , l ead ing to the deve lopmen t and adopt ion o f BDaaS so lu t ions capab le o f r ea l - t ime da t a ana lys i s . Bes ides th is , t he inc reas ing awareness abou t env i r onmen ta l i s sues , and t he g row ing t rend toward sus ta inab le da ta opera t ions a re con t r ibu t ing t o the marke t g rowth . A long w i t h th i s , BDaaS prov ide rs a re op t im iz ing the i r da ta cen te rs fo r ene rgy e f f i c i ency and adop t ing g reen compu t ing p rac t i ces t o m in im ize the env i ronmen ta l impac t o f l a rge -sca le da ta p rocess ing . Look ing fo rward , IMARC Group expects the market to reach US$ 217. 9 Bi l l ion by 2032 , exh ib i t ing a g rowth ra te (CAGR) o f 18 . 1% dur ing 2024-2032 . V i ew Report TOC, F igures and Tab les : h t tps: / / www. i marcgroup .com/b i g -data-as -a -serv ice-market Breakup by Solution: • Hadoop-as-a-Service (HDaaS) • Data-as-a-Service (DaaS) • Data Analytics-as-a-Service (DAaaS)   Report Breakup by Deployment Model: Segmentation • Public Cloud • Private Cloud • Hybrid Cloud Breakup by Platform Type: • JAVA • Microsoft • Oracle • SAP • Others Breakup by Organization Size: • Small and Medium-Sized Enterprises Report • Large Enterprises Segmentation   Breakup by Verticals: • BFSI • Healthcare • Retai l • IT and Telecommunicat ion • Manufacturing • Media and Entertainment • Others Breakup by Region: • North America Report • Europe Segmentation • Asia Pacifi c • Middle East and Afr ica • Latin America • Amazon Web Serv ices Inc • Oracle Corporat ion • Google Inc • Hewlett-Packard • SAP SE Competitive • Accenture Landscape • IBM • SAS Inst i tute with Key • Del l EMC Players • Teradata • Alteryx Ltd • Opera Solut ions • Wipro • Information Bui lders • MicroStrategy Inc What was the size of the global Big Data as a Service market in 2023? What is the expected growth rate of the global Big Data as a Service market during 2024-2032? Key What are the key factors driving the global Big Data as a Service market? Questions Answered in What has been the impact of COVID-19 on the global Big Data as a Service market? the Report What is the breakup of the global Big Data as a Service market based on the solution? What is the breakup of the global Big Data as a Service market based on the deployment model? What is the breakup of the global Big Data as a Service market based on the platform type? What is the breakup of the global Big Data as a Service market based on the organization size? What is the breakup of the global Big Data as a Service market based on the verticals? Key What are the key regions in the global Big Data as a Service market? Questions Answered in Who are the key players/companies in the global Big Data as a Service market? the Report 1 P r e f a c e 2 S c o p e a n d M e t h o d o l o g y 2 . 1 O b j e c t i v e s o f t h e S t u d y 2 . 2 S t a k e h o l d e r s 2 . 3 D a t a S o u r c e s 2 . 3 . 1 P r i m a r y S o u r c e s 2 . 3 . 2 S e c o n d a r y S o u r c e s 2 . 4 M a r k e t E s t i m a t i o n Table of 2 . 4 . 1 B o t t o m - U p A p p r o a c h 2 . 4 . 2 T o p - D o w n A p p r o a c h 2 . 5 F o r e c a s t i n g M e t h o d o l o g y 3 E x e c u t i v e S u m m a r y 4 I n t r o d u c t i o n Contents 4 . 1 O v e r v i e w 4 . 2 K e y I n d u s t r y T r e n d s5 B i g D a t a a s a S e r v i c e M a r k e t 5 . 1 M a r k e t O v e r v i e w 5 . 2 M a r k e t P e r f o r m a n c e 5 . 3 I m p a c t o f C O V I D - 1 9 5 . 4 M a r k e t B r e a k u p b y S o l u t i o n 5 . 5 M a r k e t B r e a k u p b y D e p l o y m e n t M o d e l 5 . 6 M a r k e t B r e a k u p b y P l a t f o r m T y p e 5 . 7 M a r k e t B r e a k u p b y O r g a n i z a t i o n S i z e 5 . 8 M a r k e t B r e a k u p b y V e r t i c a l s 5 . 9 M a r k e t B r e a k u p b y R e g i o n 5 . 1 0 M a r k e t F o r e c a s t 6 S W O T A n a l y s i s 6 . 1 O v e r v i e w 6 . 2 S t r e n g t h s 6 . 3 W e a k n e s s e s 6 . 4 O p p o r t u n i t i e s 6 . 5 T h r e a t s 7 V a l u e C h a i n A n a l y s i s 8 P o r t e r ’ s F i v e F o r c e s A n a l y s i s 8 . 1 O v e r v i e w 8 . 2 B a r g a i n i n g P o w e r o f B u y e r s 8 . 3 B a r g a i n i n g P o w e r o f S u p p l i e r s 8 . 4 D e g r e e o f C o m p e t i t i o n 8 . 5 T h r e a t o f N e w E n t r a n t s 8 . 6 T h r e a t o f S u b s t i t u t e s 9 M a r k e t B r e a k u p b y S o l u t i o n Table of 9 . 1 H a d o o p - a s - a - S e r v i c e ( H D a a S ) 9 . 1 . 1 M a r k e t T r e n d s 9 . 1 . 2 M a r k e t F o r e c a s t 9 . 2 D a t a - a s - a - S e r v i c e ( D a a S ) Contents 9 . 2 . 1 M a r k e t T r e n d s 9 . 2 . 2 M a r k e t F o r e c a s t 9 . 3 D a t a A n a l y t i c s - a s - a - S e r v i c e ( D A a a S ) 9 . 3 . 1 M a r k e t T r e n d s 9 . 3 . 2 M a r k e t F o r e c a s t 1 0 M a r k e t B r e a k u p b y D e p l o y m e n t M o d e l 1 0 . 1 P u b l i c C l o u d 1 0 . 1 . 1 M a r k e t T r e n d s 1 0 . 1 . 2 M a r k e t F o r e c a s t 1 0 . 2 P r i v a t e C l o u d 1 0 . 2 . 1 M a r k e t T r e n d s 1 0 . 2 . 2 M a r k e t F o r e c a s t 1 0 . 3 H y b r i d C l o u d 1 0 . 3 . 1 M a r k e t T r e n d s 1 0 . 3 . 2 M a r k e t F o r e c a s t F o r m o r e i n f o r m a t i o n , v i s i t : h t t p s : / / w w w. im a rcg ro u p . co m / b ig - d a t a - a s - a - s e r v i c e - m a r ke t / t o c Disclaimer © 2023 IMARC Al l R ights Reserved Th is Pub l i ca t ion and a l l i t ’ s con ten ts un less o therw ise men t i oned a re copy r i gh ted in the name o f I n t e rna t i ona l Marke t Ana lys i s Research and Consu l t ing ( IMARC) . 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