Big Data as a Service Market Introduction
Big data as a service is a category of data analytics which is delivered by third party via cloud. It is a form of managed services, which often relies on cloud storage to enable client to access their organization’s data round-the-clock. Further, enterprises can turn to big data as a service to bridge storage and processing gap.
BDaaS eliminates the need to hire in-house staff to perform analytical functions which ultimately results into cost reduction. Further, increase in adoption of big data analytics in mid-tier enterprises, enhanced flexibility and scalability options offered by cloud, and pay-as-you-go cost model are some of the key factors that are anticipated to accelerate the uptake of big data as a services among end user enterprises. However, privacy and security concern is considered to be one of the major restraints which is projected to hamper the adoption of big data as a service, hindering market growth.
The big data as a service market has been bifurcated into various segments to track market performance from various perspective. Major segments analyzed are type, deployment model, and end user. Based on type of services, the big data as a service market is segmented into data platform as a service, cloud infrastructure, analytics software as a service, and data as a service. Based on deployment model, the big data as a service market is segmented into private cloud, public cloud, and hybrid cloud. By end user, the big data as a service market is categorized into BFSI, manufacturing, healthcare, media and entertainment, telecom, energy & utility, retail, transportation and logistics, and other end users.
The global big data as a service market has been analyzed at a regional level. Key regions covered in this report are North America, Western Europe, Asia Pacific, Latin America, Eastern Europe, and Middle East and Africa. Of these, North America and Western Europe are the two lucrative regional markets for major vendors offering various BDaaS.
Big Data as a Service Market Competitive Landscape
Big data as a service market represents a big opportunity for key service providers especially for infrastructure as a service provider. It also presents challenges as moving into a space require new expertise and technologies. However, major strategies such as mergers, acquisition, and increase in R&D expenditure followed by key service providers have enabled them improve managed services and cement their position in the market. Key players analyzed in the big data as a service market are Google Inc., Qubole, Inc., IBM Corporation, Amazon Web Services, Inc., Microsoft Corporation, Salesforce.com, inc., EMC Corporation, SAP SE, Teradata Corporation, and Oracle Corporation.
Major Regions/Countries include:
- North America
- Western Europe
- United Kingdom
- Rest of Western Europe
- Eastern Europe
- Rest of Eastern Europe
- Asia Pacific (APAC)
- Rest of Asia-Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa (MEA)
- North Africa
- South Africa
- Rest of MEA
This research report on big data as a service market would be produced using first-hand market information gathered from industry experts and major participants across the value chain, during primary research. It would provide broad view of current market trends, growth factors and competitive analysis.