Big Data as a Service (BDaaS) Market Growth, Demand and Challenges of the Key Industry Players 2032 - PowerPoint PPT Presentation

About This Presentation

Big Data as a Service (BDaaS) Market Growth, Demand and Challenges of the Key Industry Players 2032


According to the latest research report by IMARC Group, The global big data as a service (BDaaS) market size reached US$ 46.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 217.9 Billion by 2032, exhibiting a growth rate (CAGR) of 18.1% during 2024-2032. More Info:- – PowerPoint PPT presentation

Number of Views:0
Date added: 10 April 2024
Slides: 17
Provided by: MarcelMikaelson


Transcript and Presenter's Notes

Title: Big Data as a Service (BDaaS) Market Growth, Demand and Challenges of the Key Industry Players 2032

Global Big Data as a Service (BDaaS) Market
Research and Forecast Report 2024-2032
  • Format PDFEXCEL

2023 IMARC All Rights Reserved
About IMARC Group
  • International Market Analysis Research and
    Consulting Group is a leading adviser on
    management strategy and market research
    worldwide. We partner with clients in all regions
    and industry verticals to identify their
    highest-value opportunities, address their most
    critical challenges, and transform their
  • IMARCs information products include major
    market, scientific, economic and technological
    developments for business leaders in
    pharmaceutical, industrial, and high technology
    organizations. Market forecasts and industry
    analysis for biotechnology, advanced materials,
    chemicals, food and beverage, travel and tourism,
    nanotechnology and novel processing methods are
    at the top of the companys expertise.
  • IMARCs tailored approach combines unfathomable
    insight into the dynamics of companies and
    markets with close cooperation at all levels of
    the client organization. This ensures that our
    clients achieve unmatchable competitive
    advantage, build more proficient organizations,
    and secure lasting results.

Report Highlight and Description
  • According to the latest report by IMARC Group,
    titled "Big Data as a Service (BDaaS) Market
    Global Industry Trends, Share, Size, Growth,
    Opportunity and Forecast 2024-2032," the global
    big data as a service (BDaaS) market size reached
    US 46.6 Billion in 2023.
  • Factors Affecting the Growth of the Global Big
    Data as a Service (BDaaS) Industry
  • Cloud Computing Adoption
  • The advent of cloud computing is transforming the
    way businesses approach data analytics,
    catalyzing the data analytics-as-a-service
    (DAaaS) market. In addition, cloud computing
    platforms provide improved infrastructure that
    includes computing power, storage capacity, and
    networking capabilities, which are essential for
    processing and analyzing large datasets which
    enables DAaaS providers to offer scalable,
    flexible analytics services that can be adjusted
    according to the varying needs of businesses.
  • Besides this, one of the advantages of cloud
    computing is its ability to democratize access to
    advanced analytics. Along with this, small and
    medium-sized enterprises (SMEs), can now leverage
    cloud-based analytics services effectively
    lowering the barriers to entry, allowing
    businesses of all sizes to utilize data analytics
    for informed decision-making.

Report Highlight and Description
  • Significant Advancements in Artificial
    Intelligence and Machine Learning
  • Artificial Intelligence (AI) and Machine Learning
    (ML) are transforming data analytics services. In
    addition, the DAaaS providers enhance the
    capability of analytics solutions to process,
    analyze, and interpret complex datasets. AI and
    ML algorithms can uncover patterns and insights
    from data for human analysts to detect, leading
    to more accurate and actionable insights. These
    technological advancements have expanded the
    scope of data analytics, enabling predictive
    analytics, which forecasts future trends based on
    historical data.
  • This predictive capability is invaluable for
    businesses across various sectors, from retail
    forecasting consumer behavior to finance
    identifying potential market shifts. Moreover,
    AI-driven analytics can continuously learn and
    improve over time, ensuring that the insights
    provided become refined and relevant.
    Furthermore, AI and ML have made it possible to
    automate routine data analysis tasks, reducing
    the time and resources required for data
  • Growing Need for Cost-Effective Analytics
  • The increasing demand for cost-effective
    analytics solutions is contributing to market
    growth. In addition, traditional in-house data
    analytics setups entail substantial investments
    in information technology (IT) infrastructure,
    including servers, storage systems, and analytics
    software, and the hiring and training of
    specialized personnel..

Report Highlight and Description
  • Moreover, DAaaS offers an appealing alternative
    by providing access to high-level analytics
    services through a subscription-based model,
    eliminating the need for large capital
    investments which allows businesses to convert
    fixed IT costs into variable costs, closely
    aligning expenses with their actual use of
    analytics services. Furthermore, by outsourcing
    analytics to DAaaS providers, companies can tap
    into a pool of expert analysts and sophisticated
    analytics tools without bearing the cost of
    recruiting and retaining specialized staff.
  • Request for a PDF sample of this report

Report Description
  • Global Big Data as a Service (BDaaS) Market
  • At present, organizations are turning to
    cloud-based platforms for big data analytics,
    driven by the need for scalable, flexible, and
    cost-effective solutions. Cloud-based BDaaS
    offers the advantage of accessing vast computing
    resources on-demand without the need for
    significant upfront investment in IT
    infrastructure. Moreover, the rising demand for
    real-time data processing and analytics services
    require immediate insights to make informed
    decisions quickly, leading to the development and
    adoption of BDaaS solutions capable of real-time
    data analysis.
  • Besides this, the increasing awareness about
    environmental issues, and the growing trend
    toward sustainable data operations are
    contributing to the market growth. Along with
    this, BDaaS providers are optimizing their data
    centers for energy efficiency and adopting green
    computing practices to minimize the environmental
    impact of large-scale data processing.
  • Looking forward, IMARC Group expects the market
    to reach US 217.9 Billion by 2032, exhibiting a
    growth rate (CAGR) of 18.1 during 2024-2032.
  • View Report TOC, Figures and Tables

Report Segmentation
  • Breakup by Solution
  • Hadoop-as-a-Service (HDaaS)
  • Data-as-a-Service (DaaS)
  • Data Analytics-as-a-Service (DAaaS)
  • Breakup by Deployment Model
  • Public Cloud
  • Private Cloud
  • Hybrid Cloud
  • Breakup by Platform Type
  • JAVA
  • Microsoft

Report Segmentation
  • Oracle
  • SAP
  • Others
  • Breakup by Organization Size
  • Small and Medium-Sized Enterprises
  • Large Enterprises
  • Breakup by Verticals
  • BFSI
  • Healthcare
  • Retail
  • IT and Telecommunication
  • Manufacturing

Report Segmentation
  • Media and Entertainment
  • Others
  • Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

Competitive Landscape with Key Players
  • Amazon Web Services Inc
  • Oracle Corporation
  • Google Inc
  • Hewlett-Packard
  • SAP SE
  • Accenture
  • IBM
  • SAS Institute
  • Dell EMC
  • Teradata
  • Alteryx Ltd
  • Opera Solutions
  • Wipro
  • Information Builders
  • MicroStrategy Inc

Key Questions Answered in the Report
Key Questions Answered in the Report
Table of Contents
  • 1    Preface2    Scope and Methodology    2.1  
     Objectives of the Study    2.2  
     Stakeholders    2.3    Data Sources       
    2.3.1    Primary Sources        2.3.2  
     Secondary Sources    2.4    Market Estimation 
          2.4.1    Bottom-Up Approach        2.4.2  
     Top-Down Approach    2.5    Forecasting
    Methodology3    Executive Summary4  
     Introduction    4.1    Overview    4.2    Key
    Industry Trends5    Big Data as a Service
    Market    5.1    Market Overview    5.2  
     Market Performance    5.3    Impact of
    COVID-19    5.4    Market Breakup by Solution 
      5.5    Market Breakup by Deployment Model   
    5.6    Market Breakup by Platform Type    5.7  
     Market Breakup by Organization Size    5.8  
    Market Breakup by Verticals    5.9    Market
    Breakup by Region    5.10    Market Forecast6  
    SWOT Analysis    6.1    Overview    6.2  
     Strengths    6.3    Weaknesses       

Table of Contents
  •     6.4    Opportunities    6.5    Threats7  
    Value Chain Analysis8   Porters Five Forces
    Analysis    8.1    Overview    8.2  
     Bargaining Power of Buyers    8.3    Bargaining
    Power of Suppliers    8.4    Degree of
    Competition    8.5    Threat of New Entrants   
    8.6    Threat of Substitutes9   Market Breakup
    by Solution    9.1    Hadoop-as-a-Service
    (HDaaS)        9.1.1    Market Trends       
    9.1.2    Market Forecast    9.2  
     Data-as-a-Service (DaaS)        9.2.1    Market
    Trends        9.2.2    Market Forecast    9.3  
     Data Analytics-as-a-Service (DAaaS)       
    9.3.1    Market Trends        9.3.2    Market
    Forecast10  Market Breakup by Deployment Model 
      10.1    Public Cloud        10.1.1    Market
    Trends        10.1.2    Market Forecast    10.2
       Private Cloud        10.2.1    Market
    Trends        10.2.2    Market Forecast
  •     10.3    Hybrid Cloud        10.3.1    Market
    Trends        10.3.2    Market Forecast
  • For more information, visit https//www.imarcgrou

  • 2023 IMARC All Rights Reserved
  • This Publication and all its contents unless
    otherwise mentioned are copyrighted in the name
    of International Market Analysis Research and
    Consulting (IMARC). No part of this publication
    may be reproduced, repackaged, redistributed or
    resold in whole or in any part. The publication
    may also not be used in any form or by and means
    graphic electronic or mechanical, including
    photocopying, recording, taping or by information
    storage or retrieval, or by any other form,
    without the express consent of International
    Market Analysis Research and Consulting (IMARC).
  • Disclaimer All contents and data of this
    publication, including forecasts, data analysis
    and opinion have been based on information and
    sources believed to be accurate and reliable at
    the time of publishing. International Market
    Analysis Research and Consulting makes no
    representation of warranty of any kind as to the
    accuracy or completeness of any Information
    provided. IMARC accepts no liability whatsoever
    for any loss or damage resulting from opinion,
    errors or inaccuracies if any found this
  • IMARC, IMARC Group and Global Therapy Insight
    Series are registered trademarks of International
    Market Analysis Research and Consulting. All
    other trademarks used in this publication are
    registered trademarks of their respective

Contact Us
Visit us at
TELEPHONE 1-631-791-1145 E-MAIL
Write a Comment
User Comments (0)