Title: Big Data Support Services Market - Forecast (2021 - 2026)
1Big Data Support Services MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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- Big Data Support Services Market size is forecast
to reach 27.2 billion by 2025, growing at a CAGR
35.4 from 2020 to 2025. The convergence of big
data analytics and cloud computing systems has
resulted in the growth of big data support
services. - Big Data Support Services provide analysis over
the Internet or as cloud-hosted applications
(including hybrid cloud and private cloud) with
large and complex data sets. The increasing need
for organized analytical data that helps
organizations achieve goals, combined with the
growing number of social media channels and users
accessing open multimedia content on the
Internet, such as images, audio and text are
anticipated to drive the market growth over the
forecast period.
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- Key Takeaways
- The rising need for structured analytical data
that helps organizations achieve goals, combined
with the increasing number of social media
platforms and users consuming open multimedia
content on the Web, is expected to drive market
growth over the forecast period. - Data Analytics as a service is mostly used by
small and medium-sized organizations as a
low-cost alternative which is set to drive the
market. - The hybrid cloud segment is expected to grow over
the forecast period due to the cost-efficiency,
scalability, flexibility and security benefits it
provides.
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By Distribution Channel- Segment Analysis During
the forecast period the Data Analytics as a
service is expected to grow at a CAGR of 41.25.
Data Analytics as a Service (DAaaS) is a business
model that analyzes data using analytics tools
and delivers it using web-based technologies.
Moreover, Data Analytics as a service is often
used as a low-cost option for small and
medium-sized enterprises. The Data Analytics as a
service segment is expected to expand as
cloud-based services are more widely adopted in
enterprises. Many companies are shifting towards
cloud-based services to reduce the expense of
creating, operating and maintaining software.
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- Big Data Support Services Market Outlook
- Microsoft
- Teradata
- IBM
- Oracle
- SAS Institute
- Google
- Talend
- Qlik
- TIBCO Software
- Adobe
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Big Data Support Services Market Forecast
(2021 - 2026) Learn More About the
Report _at_ https//www.industryarc.com/Report/179
19/big-data-support-services-market.html
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- Analyst Briefing
- Data Tables
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