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Big Data as a Service Market to Cross USD 8.7 billion by 2026 | Google LLC, Microsoft Corporation, Amazon Web Services, IBM Corporation, Oracle Corporation, SAP, Teradata Corporation, SAS, Dell Inc., Hewlett Packard Enterprise.

04-16-2020 08:45 AM CET | IT, New Media & Software

Press release from: marketstudyreport.com

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Big Data as a Service Market

Big Data as a Service Market

Market Study Report recently introduced new title on "2019-2026 Global Big Data as a Service Market Report" that provides an in-depth overview of industry and competitive landscape, covering multiple market segments and elaborates market outlook and status to 2026.

Global Big Data as a Service Market is valued approximately at USD 8.7 billion in 2018 and is anticipated to grow with a growth rate of more than 30% over the forecast period 2019-2026. Big Data as a Service is a combination of cloud computing platform and big data analytics technologies, that offers analysis of large and complex datasets over the internet or as a hosted service.

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The regional analysis of global Big Data as a Service Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share due to the presence of large number of BDaaS vendors. However, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period of 2019-2026.

For instance, as per Statista, the global demand for data storage was 400 exabytes and supply for data storage was 400 exabytes in 2009 and is anticipated to rise 42,700 exabytes of demand for data storage and 24,800 exabytes of supply for data storage in 2020. Further, Bdaas solutions to enhance roi and decision-making capabilities and rising advancements of cloud Ai, MI, Iot and Advanced analytics is opportunistic factor for this market. However, complexity in extracting valuable insights out of humongous data source is the major factor restricting the growth of global Big Data as a Service market during the forecast period.

Big data as a service help user to reduce the cost and time for the deployment of big data projects and enable organizations to manage big data on the cloud and allows departments to easily access data. Rapid demand in industries to gain actionable insights from big data and growth on data due to digitization and automation are the few factors responsible for high CAGR of the market over the forecast period.

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Major market player included in this report are:
o Google LLC
o Microsoft Corporation
o Amazon Web Services
o IBM Corporation
o Oracle Corporation
o SAP
o Teradata Corporation
o SAS
o Dell Inc.
o Hewlett Packard Enterprise

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market.
Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:
o Solutions
o Services

By Organization Size:
o Large Enterprises
o Small and Medium-Sized Enterprises

By Deployment Type:
o Public Cloud
o Hybrid Cloud
o Private Cloud

By Industry Vertical:
o Banking, Financial Services, and Insurance
o IT and Telecom
o Healthcare and Life Sciences
o Ecommerce and Retail
o Manufacturing
o Media and Entertainment
o Others

By Region:
o North America
o U.S.
o Canada
o Europe
o UK
o Germany
o Asia Pacific
o China
o India
o Japan
o Rest of the World

Furthermore, years considered for the study are as follows:
o Historical year - 2016, 2017
o Base year - 2018
o Forecast period - 2019 to 2026

Target Audience of the Global Big Data as a Service Market in Market Study:
o Key Consulting Companies & Advisors
o Large, medium-sized, and small enterprises
o Venture capitalists
o Value-Added Resellers (VARs)
o Third-party knowledge providers
o Investment bankers
o Investors

Table of Content:
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Billion)
1.2.1. Big Data as a Service Market, by Component, 2017-2026 (USD Billion)
1.3. Big Data as a Service Market, by Organization Size, 2017-2026 (USD Billion)
1.4. Big Data as a Service Market, by Deployment Type, 2017-2026 (USD Billion)
1.5. Big Data as a Service Market, by Industry Vertical, 2017-2026 (USD Billion)
1.5.1. Big Data as a Service Market, by Region, 2017-2026 (USD Billion)
1.6. Key Trends
1.7. Estimation Methodology
1.8. Research Assumption
Chapter 2. Global Big Data as a Service Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Related Report:
Global Big Data as a Services Market Size, Status and Forecast 2019-2025

This report focuses on the global Big Data as a Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Big Data as a Services development in United States, Europe and China.

https://www.marketstudyreport.com/reports/global-big-data-as-a-services-market-size-status-and-forecast-2019-2025?openpr.com/&utm_medium=VIPin

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