According to a new market research report, “Big Data as a Service Market by Type of Solutions (Hadoop as a Service, Data as a Service, Data Analytics as a Service) – Global Forecast to 2020″, published by MarketsandMarkets, The BDaaS Market is expected to grow from USD 1.8 Billion in 2015 to USD 7.0 Billion in 2020 at a CAGR of 31.5% during the forecast period from 2015 to 2020.
Browse 67 market data Tables and 39 Figures spread through 176 Pages and in-depth TOC on “Big Data as a Service Market”
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The market report defines and classifies the BDaaS Market into various segments, using in-depth analysis and estimation of market size. This research report identifies factors driving this market, various restraints, challenges, and opportunities impacting it along with the future roadmaps. Also, the report emphasizes on key adoption trends, evolution of cloud-based big data analytics, attractive market opportunities, and business cases in this market. MarketsandMarkets expects a significant growth trend of BDaaS solutions in various industries owing to the massive rise in big data across the globe.
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The BDaaS Market is broadly segmented into, by types solution: Hadoop-as-a-Service, Data-as-a-Service, and Data Analytics-as-a-Service; by deployment model: public cloud, private cloud, and hybrid cloud; by organization size: small and medium sized and large enterprises; by vertical: Banking, Financial Services and Insurance (BFSI), healthcare and life sciences, retail and consumer goods, manufacturing, travel and hospitality, IT and telecommunication, media and entertainment, and other verticals; and by region: North America, Asia-Pacific (APAC), Europe, Latin America, and Middle East and Africa (MEA).
Few assumptions have been taken into consideration for market sizing and forecasting exercise of the BDaaS Market. These global assumptions include political, social, technological, and economic factors. For instance, exchange rates, one of the economic factors, are expected to have a moderate impact on this market. Thus, the dollar fluctuations are also assumed to not affect the market forecast to a significant extent. Also, the market size for hardware-related tools and equipment used in the BDaaS Market is not taken into consideration for the overall sizing of the cloud analytics market.
The market research report would help the market leaders as well as the new entrants in the following ways:
– This report is a comprehensive study of the market and segments it into BDaaS solutions. The report further sub segments the market and provides the closest approximations of the revenue numbers for the overall market. The market numbers further split across different regions.
– This report would help them understand the competitors and gain more insights to strengthen their position. There is a separate section on competitive landscape including competitor ecosystem, mergers and acquisitions, partnership, agreements and collaboration, new products launches, and venture capital funding. Besides, there are also company profiles of the top 10 players in this market.
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