Global Big Data as a Service Market (2021-2026) by Solution, Industry Vertical, Deployment, Organization Size, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

The Global Big Data as a Service Market is estimated to be USD 78.4 Bn in 2021 and is expected to reach USD 304.9 Bn by 2026, growing at a CAGR of 31.2%.

Market Dynamics

Growing demand in industries to gain actionable insights from big data and growth in data due to digitization and automation is majorly driving the market growth. The adoption of Big Data services for enhancing internal efficiency is trending across the industry verticals. Various public and private sectors use Big Data to develop faster results, identify manufacturing glitches, and warn about security threats. However, data security concerns and lack of awareness of BDaaS solutions and professional expertise are expected to hinder the market growth.

Rapid Advancement of Cloud Ai, Ml, IoT, and advanced analytics is expected to increase opportunities for the market.

Market Segmentation

• The Global Big Data as a Service Market is segmented further based on Solution, Industry Vertical, Deployment, Organization Size, and Geography.
• By Solution Type, the market is classified as Hadoop as a Service (HDaaS), Data as a Service (DaaS), and Data Analytics as a Service (DAaaS).
• By Industry Vertical, the market is classified as BFSI, Retail and E-Commerce, IT & Telecom, Healthcare, Government, Manufacturing, and Others.
• By Deployment, the market is classified as Public Cloud, Private Cloud and Hybrid Cloud.
• By Organization Size, the market is classified as Large Enterprises and Small & Medium Enterprises.
• By Geography, America is projected to lead the market.

Recent Developments

1. Accenture launched The Green Software Foundation, a non-profit organization established with the Linux Foundation and the Joint Development Foundation Projects LLC, that aims to build a trusted ecosystem of people, standards, tooling, and leading practices for building green. - 25th May 2021
2. Dell EMC launched PowerStore, a storage array line that unifies its formerly overlapping midrange products. This is the most important development in data storage hardware for many years, and PowerStore will be the benchmark for the rest of the storage array industry to compare, contrast, and compete with. - 5th May 2020.

Company Profiles

Some of the companies covered in this report are 1010data, Accenture, Amazon Web Services Inc., Dell EMC and Century link, etc.

Countries Studied

• America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
• Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
• Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
• Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Big Data as a Service Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
• The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
• The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Report Highlights:

• A complete analysis of the market, including parent industry
• Important market dynamics and trends
• Market segmentation
• Historical, current, and projected size of the market based on value and volume
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market