Adroit Market Research - Industry Insights
Big Data as a Service (BDaaS) Market by Component (Solutions {Hadoop as a Service, Data Analytics as a Service, Others}, Services), Organization Size (Small & Medium, Large), Deployment (Public, Private), Application (BFSI, Telecom & IT, Healthcare, Retail, Manufacturing, Media & Entertainment, Others), and Region, Global Forecast 2018 to 2025
Mar 2020
Total Pages: 121
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The global BDaaS Market size is anticipated to reach USD 51 billion by 2025.the progression of technological tools has facilitated solutions to be offered as a service. Due to this, Platform as a Service (PaaS), Software as a Service (SaaS), and Data as a Service (DaaS) have evolved as budding growth prospects for the Big Data industry participants.
-Market,-2018-2025-(USD-Billion).png "Global Big Data as a Service (BDaaS) Market, 2018-2025 (USD Billion)")
The increasing need among businesses for effectively storing, processing, and managing massive datasets had given rise to the development of cloud-enabled big data analytics technologies, hence, promoting the BDaaS industry growth. BDaaS provides an analysis of complex and huge datasets over a hosted service or the Internet. It includes statistical tools that enable users to achieve insights through these datasets. The enhanced use of social media analytics is also backing the growth of BDaaS in the past few years.
Key Segments of the Global BDaaS Market
Component Overview, 2018-2025 (USD Billion)
- Solutions
- Data Analytics as a Service
- Hadoop as a Service
- Others
- Services
Organization Size Overview, 2018-2025 (USD Billion)
- Small & Medium
- Large
Deployment Overview, 2018-2025 (USD Billion)
- Public
- Private
Application Overview, 2018-2025 (USD Billion)
- BFSI
- Telecom & IT
- Healthcare
- Retail
- Manufacturing
- Media & Entertainment
- Others
Regional Overview, 2018-2025 (USD Billion)
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
- Middle East and Africa
- UAE
- South Africa
- Rest of Middle East and Africa
- South America
- Brazil
- Rest of South America
Reasons for the study
- The purpose of the study is to give an exhaustive outlook of the global BDaaS Market. Benchmark yourself against the rest of the Market.
- Ensure you remain competitive as innovations by existing key players to boost the Market.
What does the report include?
- The study on the global BDaaS Market includes qualitative factors such as drivers, restraints, and opportunities
- The study covers the competitive landscape of existing/prospective players in the BDaaS industry and their strategic initiatives for the product development
- The study covers a qualitative and quantitative analysis of the market segmented based on organization type, component, deployment, and application. Moreover, the study provides similar information for the key geographies.
- Actual Market sizes and forecasts have been provided for all the above-mentioned segments.
Who should buy this report?
- This study is suitable for industry participants and stakeholders in the global BDaaS market. The report will benefit:
- Every stakeholder involved in the BDaaS market.
- Managers within the Tech companies looking to publish recent and forecasted statistics about the global BDaaS market.
- Government organizations, regulatory authorities, policymakers, and organizations looking for investments in trends of global BDaaS market.
- Analysts, researchers, educators, strategy managers, and academic institutions looking for insights into the market to determine future strategies.
In the developing nations, the demand for BDaaS is predominantly due to the growing necessity for structured data for performing out the analysis as well as deriving meaningful understandings. Additionally, the increasing use of social media and the internet has given rise to the generation of big data, thus, making it challenging for industry verticals such as automobile, retail, BFSI, and so on to manage data. Big Data as a Service has evolved as the primary data source for the retail businesses, through which they receive prompt feedback about their services and products. It also enables them to deliver customized solutions to match individual consumer preferences.
The growing acceptance of data-driven decision making has enabled businesses to make informed decisions with accountability and transparency. Data-driven decision making provides various advantages such as clustering datasets and association mining over traditional technologies. On the other hand, it provides enhanced capability to scale changes along with flexibility in a modeling change situation.
Component Segment
The global BDaaS Market contains both solution and service segment. The solution segment component has a maximum revenue share within the global BDaaS market in 2019. Data generated within the organizations throughout the verticals are growing at a staggering rate. This has given rise to businesses to emphasize on extracting insights through the generated data in several departments to gain a competitive advantage.
Organization Size Segment
Based on the organization size segment, the market is bifurcated into two sub-segments that are small & medium, and large enterprise. In 2019, the large segment gathered the largest Market revenue and it is anticipated to govern the BDaaS market throughout the forecast period. However, the small & medium segment is anticipated to grow at a substantial growth rate over the forecast period.
Deployment Segment
Based on the deployment segment, the market is bifurcated into two sub-segments that are public, and private. In 2019, the public segment gathered the largest Market revenue and it is anticipated to dominate the market throughout the forecast period. However, the private segment is anticipated to grow at a substantial growth rate over the forecast period. The private cloud allows organizations to have full control over their data and systems along with providing improved security.
Application Segment
Based on the application, the market is segmented into BFSI, telecom & IT, healthcare, retail, manufacturing, media & entertainment, and others. The Market for telecom & IT is anticipated to possess the largest market share in 2019 since the Tech companies today are predominantly developing to match their user needs. Moreover, the growing regulatory scrutiny coupled with enhanced customer satisfaction, as well as advantages such as risk management, fraud detection, and customized solutions is some of the factors responsible for the BDaaS demand.
.png "Global BDaaS Market, by Telecom & IT 2018-2025 (USD Billion)")
The global BDaaS Market is a wide range to North America, Europe, APAC, South America, and the Middle East & Africa. North America is considered a mature market in the BDaaS applications, owing to an outsized presence of an organization with the availability of technical expertise and advanced IT infrastructure. The US and Canada are the highest contributory countries to the expansion of the BDaaS market in North America.
.png "North America BDaaS Market, 2018-2025 (USD Billion)")
The major players of the global BDaaS Market are Amazon, Inc., Microsoft Corporation, IBM Corporation, Cloudera, Inc., Oracle Corporation, SAP SE, Google LLC, Accenture plc, Dell Inc., Teradata Corporation, and more. The BDaaS market is fragmented with the existence of well-known global and domestic players across the globe.
The global BDaaS Market size is anticipated to reach USD 51 billion by 2025.the progression of technological tools has facilitated solutions to be offered as a service. Due to this, Platform as a Service (PaaS), Software as a Service (SaaS), and Data as a Service (DaaS) have evolved as budding growth prospects for the Big Data industry participants.
The increasing need among businesses for effectively storing, processing, and managing massive datasets had given rise to the development of cloud-enabled big data analytics technologies, hence, promoting the BDaaS industry growth. BDaaS provides an analysis of complex and huge datasets over a hosted service or the Internet. It includes statistical tools that enable users to achieve insights through these datasets. The enhanced use of social media analytics is also backing the growth of BDaaS in the past few years.
Key Segments of the Global BDaaS Market
Component Overview, 2018-2025 (USD Billion)
- Solutions
- Data Analytics as a Service
- Hadoop as a Service
- Others
- Services
Organization Size Overview, 2018-2025 (USD Billion)
- Small & Medium
- Large
Deployment Overview, 2018-2025 (USD Billion)
- Public
- Private
Application Overview, 2018-2025 (USD Billion)
- BFSI
- Telecom & IT
- Healthcare
- Retail
- Manufacturing
- Media & Entertainment
- Others
Regional Overview, 2018-2025 (USD Billion)
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
- Middle East and Africa
- UAE
- South Africa
- Rest of Middle East and Africa
- South America
- Brazil
- Rest of South America
Reasons for the study
- The purpose of the study is to give an exhaustive outlook of the global BDaaS Market. Benchmark yourself against the rest of the Market.
- Ensure you remain competitive as innovations by existing key players to boost the Market.
What does the report include?
- The study on the global BDaaS Market includes qualitative factors such as drivers, restraints, and opportunities
- The study covers the competitive landscape of existing/prospective players in the BDaaS industry and their strategic initiatives for the product development
- The study covers a qualitative and quantitative analysis of the market segmented based on organization type, component, deployment, and application. Moreover, the study provides similar information for the key geographies.
- Actual Market sizes and forecasts have been provided for all the above-mentioned segments.
Who should buy this report?
- This study is suitable for industry participants and stakeholders in the global BDaaS market. The report will benefit:
- Every stakeholder involved in the BDaaS market.
- Managers within the Tech companies looking to publish recent and forecasted statistics about the global BDaaS market.
- Government organizations, regulatory authorities, policymakers, and organizations looking for investments in trends of global BDaaS market.
- Analysts, researchers, educators, strategy managers, and academic institutions looking for insights into the market to determine future strategies.
Chapter 1 Introduction
1.1 Introduction to the Study
1.2 Market Definition and Scope
1.3 Units, Currency, Conversions and Years Considered
1.4 Key Stakeholders
1.5 Key Questions Answered
Chapter 2 Research Methodology
2.1 Introduction
2.2 Data Capture Sources
2.2.1 Primary Sources
2.2.2 Secondary Sources
2.3 Market Size Estimation
2.4 Market Forecast
2.5 Data Triangulation
2.6 Assumptions and Limitations
Chapter 3 Executive Summary
Chapter 4 Market Outlook
4.1 Introduction
4.2 Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.1.1 Growth in Data Due to Digitization and Automation
4.3.1.2 Growing Demand in Industries to Gain Actionable Insights from Big Data
4.3.2 Restraints
4.3.2.1 Complexity in Extracting Valuable Insights Out of Humongous Data Source
4.3.3 Opportunities
4.5 PEST Analysis
Chapter 5 BDaaS Market by Component
5.1 Introduction
5.1.1 Solutions
5.1.1.1 Data Analytics as a Service
5.1.1.2 Hadoop as a Service
5.1.1.3 Others
5.1.2 Services
Chapter 6 BDaaS Market by Organization Size
6.1 Introduction
6.1.1 Small & Medium
6.1.2 Large
Chapter 7 BDaaS Market by Deployment
7.1 Introduction
7.1.1 Public
7.1.2 Private
Chapter 8 BDaaS Market by Application
8.1 Introduction
8.1.1 BFSI
8.1.2 Telecom & IT
8.1.3 Healthcare
8.1.4 Retail
8.1.5 Manufacturing
8.1.6 Media & Entertainment
8.1.7 Others
Chapter 9 BDaaS Market By Region
9.1 Introduction
9.2 North America
9.2.1 U.S.
9.2.2 Canada
9.3 Europe
9.3.1 Germany
9.3.2 France
9.3.3 UK
9.3.4 Rest of Europe
9.4 Asia Pacific
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 Rest of Asia Pacific
9.5 Middle East & Africa
9.5.1 UAE
9.5.2 South Africa
9.5.3 Rest of Middle East & Africa
9.6 South America
9.6.1 Brazil
9.6.2 Rest of South America
Chapter 10 Competitive Landscape
10.1 Overview
10.2 Strategic Initiatives
10.2.1 Mergers & Acquisitions
10.2.2 New Product Launch
10.2.3 Investments
10.2.4 Expansion
10.2.5 Others
Chapter 11 Company Profiles
11.1 Amazon, Inc.
11.1.1 Overview
11.1.2 Products and Services Portfolio
11.1.3 Recent Initiatives
11.1.4 Company Financials
11.1.5 SWOT
11.2 Microsoft Corporation
11.2.1 Overview
11.2.2 Products and Services Portfolio
11.2.3 Recent Initiatives
11.2.4 Company Financials
11.2.5 SWOT
11.3 IBM Corporation
11.3.1 Overview
11.3.2 Products and Services Portfolio
11.3.3 Recent Initiatives
11.3.4 Company Financials
11.3.5 SWOT
11.4 Cloudera, Inc.
11.4.1 Overview
11.4.2 Products and Services Portfolio
11.4.3 Recent Initiatives
11.4.4 Company Financials
11.4.5 SWOT
11.5 Oracle Corporation
11.5.1 Overview
11.5.2 Products and Services Portfolio
11.5.3 Recent Initiatives
11.5.4 Company Financials
11.5.5 SWOT
11.6 SAP SE
11.6.1 Overview
11.6.2 Products and Services Portfolio
11.6.3 Recent Initiatives
11.6.4 Company Financials
11.6.5 SWOT
11.7 Google LLC
11.7.1 Overview
11.7.2 Products and Services Portfolio
11.7.3 Recent Initiatives
11.7.4 Company Financials
11.7.5 SWOT
11.8 Accenture plc
11.8.1 Overview
11.8.2 Products and Services Portfolio
11.8.3 Recent Initiatives
11.8.4 Company Financials
11.8.5 SWOT
11.9 Dell Inc.
11.9.1 Overview
11.9.2 Products and Services Portfolio
11.9.3 Recent Initiatives
11.9.4 Company Financials
11.9.5 SWOT
11.10 Teradata Corporation
11.10.1 Overview
11.10.2 Products and Services Portfolio
11.10.3 Recent Initiatives
11.10.4 Company Financials
11.10.5 SWOT
11.11 Other Companies