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Big Data as a Service Market 2019-2024 | Latest Trends of Key Players, Industry Size, Share, Growth Factors and Forecast Analysis Till 2024

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New research report on “Big Data as a Service Market” 2019-2024 focuses on a deep analysis of the current status of Big Data as a Service industry. It also presents professional and in-depth study of Big Data as a Service market report that offers granular analysis of the market share, manufacturers, product type, applications, technological advancement, and geographic regions. Big Data as a Service market report includes valuable information to assist new entrants, as well as established players, to understand the prevailing trends in the market.

Report Highlights:

  • Market Dynamics – Drivers, Restraints, and Opportunities
  • Market Segmentation – Types, Applications, Regions, and Technology
  • Market Trends
  • Competitive Landscape
  • SWOT Analysis and Porter’s Five Forces Analysis

Get a Sample Copy of the Report – https://www.industryresearch.co/enquiry/request-sample/13999671

Some Companies Are Covered in the Big Data as a Service Market:

  • IBM Corporation
  • Microsoft Corporation
  • Oracle Corporation
  • SAP SE
  • Hewlett
  • Packard Company
  • SAS Institute
  • Accenture PLC
  • Information Builders Inc.
  • Google LLC
  • Amazon Web Services Inc.
  • Alteryx Ltd
  • Wipro Ltd
  • Opera Solutions LLC
  • Guavus Inc.
  • MapR Technologies Inc.

    Market Overview:

  • In 2018, the Big Data as a Service (BDaaS) market was valued at USD 8.90 billion, and is expected to reach a value of USD 31.75 billion by 2024, at a CAGR of 24.51%, over the forecast period. The evolution of technological tools has enabled solutions to be delivered as a service. Owing to this, Software as a Service (SaaS), Platform as a Service (PaaS), and Data as a Service (DaaS) have emerged as potential growth opportunities for Big Data vendors.
  • Owing to the benefits the technology offers, cloud computing is witnessing a rapid increase in its adoption. According to Forbes, cloud computing demand is anticipated to increase to USD 160 billion by 2020, attaining a growth rate of 19%.
  • Further, governments are supporting open data technology. For instance, Buenos Aires in Argentina, La Libertad in Peru, and Sao Paolo in Brazil have committed to government transparency and have welcomed new forms of social participation. Groups, such as ABRELATAM, the Inter-American Development Bank, and Latin America Open Data Initiative are working across Latin America to scale open data initiatives that reduce corruption, increase the resilience of cities, reduce violence against women, and improve health service delivery.
  • Scope of the Report:

  • Big data as a service (BDaaS) is the delivery of statistical analysis tools or information by an outside provider that helps organizations understand and use insights gained from large information sets in order to gain a competitive advantage.

    Reasons for Buying Big Data as a Service Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward-looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

    For More Information or Query or Customization Before Buying, Visit at – https://www.industryresearch.co/enquiry/pre-order-enquiry/13999671

    Big Data as a Service Market Report Provides Comprehensive Analysis of:

    • Functional market industry outline
    • Up and downstream industry examination
    • Channels and propositions believability
    • Market challenge by key players
    • Enhancement suggestions examination

    Key Market Trends:

    Private Cloud has Significant Share In the Market

    Private cloud services are explicitly designed for the organization’s needs. They are usually offered via a private network or corporate WAN, rather than an open Internet source.

    Private cloud services allow organizations to set up IT architectures (e.g., by specifying their requirements for security and service-level agreements), and also allow applications hosted in the cloud to integrate with applications that are kept in-house.

    In a private cloud, both infrastructure and services are always maintained on a private network, and software and hardware are dedicated solely to the client organization. They ensure that no data is misplaced or lost, and also provide the flexibility of control to modify resource configuration according to demand.

    The United States Occupied the Largest Share In the Market

    United States is expected to dominate the regional and global big data as a service market over the forecast period, as most of the major vendors in the market are US based and also the adoption of big data services are very high in the regional discrete manufacturing, banking, process manufacturing, professional services, and federal/central government sectors.

    According to the Digital Change Survey done by IFS in 2017 to assess the maturity of digital transformation in a range of sectors such as manufacturing, oil and gas, aviation, construction and contracting, 46% of the companies in all industries are looking to invest in the big data and analytics in the country.

    Adoption of big data services for enhancing internal efficiency is trending in the country. 43% of companies in the above survey also identified internal process efficiency as the primary driving force behind the digital transformation.

    American multinational corporation, Intel is finding significant value in big data. The company uses big data to develop chips faster, identify manufacturing glitches and warn about security threats. By adopting Big Data, the company has been able to enable predictive analysis and save around USD 30 million on its Quality Assurance spend while still improving quality.

    The manufacturing sector is also forecast to increase faster than the general economy. According to the MAPI (Manufacturers Alliance for Productivity and Innovation) foundation, production will grow by 2.8% from 2018 to 2021. Further, the rising adoption of SaaS among local SMEs is expected to expand the studied market scope over the forecast period.

    Purchase this Report (Price 4250 USD for single user license) – https://www.industryresearch.co/purchase/13999671

    Detailed TOC of Big Data as a Service Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Increasing Cloud Adoption And Rise In The Data Volume Generated
    4.3.2 Increasing Demand For Improving Organization’s Internal Efficiency
    4.4 Market Restraints
    4.4.1 Data Security Concerns
    4.5 Value Chain / Supply Chain Analysis
    4.6 Industry Attractiveness – Porter’s Five Force Analysis
    4.6.1 Threat of New Entrants
    4.6.2 Bargaining Power of Buyers/Consumers
    4.6.3 Bargaining Power of Suppliers
    4.6.4 Threat of Substitute Products
    4.6.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Deployment
    5.1.1 On-premise
    5.1.2 Cloud
    5.1.2.1 Private
    5.1.2.2 Public
    5.1.2.3 Hybrid
    5.2 By End User
    5.2.1 IT and Telecommunication
    5.2.2 Energy and Power
    5.2.3 BFSI
    5.2.4 Healthcare
    5.2.5 Retail
    5.2.6 Manufacturing
    5.2.7 Other End Users
    5.3 Geography
    5.3.1 North America
    5.3.1.1 US
    5.3.1.2 Canada
    5.3.2 Europe
    5.3.2.1 Germany
    5.3.2.2 UK
    5.3.2.3 France
    5.3.2.4 Rest of Europe
    5.3.3 Asia Pacific
    5.3.3.1 China
    5.3.3.2 Japan
    5.3.3.3 India
    5.3.3.4 South Korea
    5.3.3.5 Rest of Asia-Pacific
    5.3.4 Latin America
    5.3.4.1 Brazil
    5.3.4.2 Mexico
    5.3.4.3 Rest of Latin America
    5.3.5 Middle East and Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 IBM Corporation
    6.1.2 Microsoft Corporation
    6.1.3 Oracle Corporation
    6.1.4 SAP SE
    6.1.5 Hewlett-Packard Company
    6.1.6 SAS Institute
    6.1.7 Accenture PLC
    6.1.8 Information Builders Inc.
    6.1.9 Google LLC
    6.1.10 Amazon Web Services Inc.
    6.1.11 Alteryx Ltd
    6.1.12 Wipro Ltd
    6.1.13 Opera Solutions LLC
    6.1.14 Guavus Inc.
    6.1.15 MapR Technologies Inc.

    7 MARKET INVESTMENT

    8 MARKET OPPORTUNITIES AND FUTURE TRENDSa

     

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