GLOBAL BIG DATA-AS-SERVICE MARKET SIZE AND FORECAST TO 2025
Global Big Data-As-Service Market Analysis
According to Ozone Market Reports, The Global Big Data-As-Service Market was valued at USD 4.0 billion in 2017 and is projected to reach USD 12.8 Million by 2025, growing at a CAGR of 29.2% from 2018 to 2025.
What is Big Data-As-Service?
Big data as a service, also known as a BDaaS, is the provision of statistical analysis information or tools by an outside source. Big data as a service can be in the form of a software or in terms of a contract for a team of data analysts. Big data as a service is carried out in order to be able to aid organizations in understanding as well as gaining more of an idea about insights that can be derived from large amounts of information in order to gain a more competitive advantage over the competing companies.
There is typically a very large amount of unstructured as well as unfiltered data that a company has. Big data is essentially a service that is meant to free up the resources that are provided by businesses by taking the analysis skills of an external provider in order to manage large amounts of data rather than using internal staff.
Global Big Data-As-Service Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
There are several applications for big data as a service such as its increasing implementation in growing companies, the provision of big data as a service applications can lead to cost cutting as it results in more business intelligence (leading to more efficiency of operations) and the aid in fraud detection. These factors are driving the market for global big data as a service market. Factors such as the inadequacy of tools used for the service (unable to handle real time data analysis) as well as the security and privacy concerns that arise from the implementation of big data as a service are restraining the growth of the market.
Ozone Market Reports narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Lipstick Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.
Global Big Data-As-Service Market Competitive Landscape
The “Global Big Data-As-Service Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such Teradata Corporation (Teradata), Google Incorporation (Google), Hewlett-Packard (HP), Amazon Web Services, Inc. (AWS), IBM Corporation, SAS Institute Inc., EMC Corporation, Microsoft Corporation, Oracle Corporation and SAP SE. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above mentioned players globally.
Global Big Data-As-Service Market , By Organization Size
• Small and Medium-Sized Businesses
• Large Enterprise
Global Big Data-As-Service Market, By Type Of Solutions
• Data Analytics-As-A-Service
• Hadoop-As-A-Service (HDaaS)
Global Big Data-As-Service Market , By Deployment Model
• Public Cloud
• Private Cloud
• Hybrid Cloud
Global Big Data-As-Service Market , By Vertical
• Banking, Financial Services and Insurance (BFSI)
• Healthcare and Life Sciences
• Retail and Consumer Goods
• Travel and Hospitality
Global Big Data-As-Service Market Geographic Scope
• North America
o Rest of Europe
• Asia Pacific
o Rest of Asia Pacific
• Latin America
• Rest of the World
Research Methodology of Ozone Market Reports:
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