Global Big Data as a Service Market Segmentation by Component (Solutions, Services), by Deployment Type (Public Cloud, Hybrid Cloud, Private Cloud), by Organization Size (Small and Medium-sized Enterprises (SMEs), Large Enterprises), by End User (BFSI, Information Technology (IT) and Telecom, Healthcare and Life Sciences, eCommerce and Retail, Manufacturing, Media and Entertainment and Others).
Global Big Data as a Service Market is segmented by Component, deployment Type, organization Size, end user and by region. By component, solution segment held 61.43% of market share in 2019 and is expected to keep its dominance over forecast period. Data analytics-as-a-service (DAaaS) is considered as a low-cost alternative for small and medium enterprises. Increased adoption of cloud-based services in small and medium enterprises is expected to fuel the growth of the big data as a service market.
By organisation size, large enterprises is expected to hold highest market share over forecast period. Generally, these organizations have distributed data scattered over various departments. In order to gain valuable insights out of this clustered data, large enterprises are deploying on-demand services to leverage the benefits of cloud-based analysis of big data. Large enterprises are using cloud-based analytics to combine their external and internal information and to extract valuable insights out of it.
By geography, North America held 38.76% of market share in 2019 and is expected to keep its dominance over forecast period owing to presence of major market players such as IBM (US), Oracle (US), Microsoft (US), Google (US), AWS (US), SAP (Germany), Teradata (US), SAS (US), Dell Technologies (US), HPE (US) and CenturyLink (US) among others in this region.
Report covers key development and company profiles of market leaders, potential players and new entrants. Some of the major key players covered in this report are IBM (US), Oracle (US), Microsoft (US), Google (US), AWS (US), SAP (Germany), Teradata (US), SAS (US) and Dell Technologies (US) among others.
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the Global Big Data as a Service Market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Global Big Data as a Service Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Global Big Data as a Service Market positioning of competitors.
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