Press release
BDaaS Market Future Growth Scope with Regional Potential Analysis by 2027 - IBM, Microsoft, Oracle, SAP, SAS
Big Data as a Service (BDaaS) is the provision of statistical analysis tools or information by an external provider that benefits organizations understand and use insights from large information sets in order to advance a competitive advantage. Growing demand in industries to gain actionable insights from big data and growth in data due to digitization and automation are some of the key aspects that will drive the BDaaS market globally. Rapid advancement of Cloud Ai, Ml, Iot, and advanced analytics to boost opportunities for Bdaas vendors will provide the opportunities for BDaaS market during forecast period.BDaaS Market to 2027 - Global Analysis and Forecasts by Component (Solution, Services); Organization Size (Large Enterprises, Small and Medium-Sized Enterprises); Deployment Type (Public Cloud, Hybrid Cloud, Private Cloud); Industry Vertical (BFSI, IT and Telecom, Healthcare and Life Sciences, ECommerce and Retail, Manufacturing, Media and Entertainment, Others) and Geography
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Owing to several advantages provided by cloud computing, it is being progressively adopted by organizations and the public. Also, the Industrial Internet of Things (IIoT) provides exceptional benefits in the manufacturing industry, such as real time asset tracking and connected operational efficiency. This extensive use of cloud technology, allowed by internet-connected devices, is resulting in higher demand for analyzing the data; thereby enhancing the t growth for BDaaS market. Witlessness with respect to the potentiality of big data solutions & services among various organizations is likely to hinder the market growth over the estimated years. Since most organizations do not have a strong understanding of the advanced data analytics, big data solutions and services. This lack of awareness among different industries is expected to restraint the BDaaS market globally.
Emerging Players in BDaaS Market are-
Amazon Web Services
Dell Technologies
Hewlett Packard Enterprise
IBM
Microsoft
Oracle
SAP
SAS
Teradata
The "Global BDaaS Market Analysis to 2027" is a specialized and in-depth study of BDaaS with a special focus on the global market trend analysis. The report aims to provide an overview of BDaaS with detailed market segmentation by component, organization size, deployment type, industry vertical, . The global BDaaS market is expected to witness high growth during the forecast period. The report provides key statistics on the BDaaS market and offers key trends and opportunities in software and service market.
The BDaaS market is segmented on the basis of component, organization size, deployment type, industry vertical. On the basis of component, market is segmented as solution, and services. On the basis of organization size, market is segment as large enterprises, small and medium sized enterprises. On the basis of deployment type, market is segmented as public cloud, hybrid cloud, and private cloud. On the basis of industry vertical, market is segmented as BFSI, IT and Telecom, healthcare and life science, Ecommerce and retail, manufacturing, media and entertainment, and others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global BDaaS market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The global BDaaS market by each region is later sub-segmented by respective countries and segments.
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