Big Data as a Service Market Insights by Size, Growth, Trends, Share, Competitive Analysis By Emerging Technology and Advancement

Big Data as a Service Market Insights by Size, Growth, Trends, Share, Competitive Analysis By Emerging Technology and Advancement


According to Market Research Future (MRFR), the global big data as a service market is projected to reach over USD 18 BN by 2022, registering a whopping 28% CAGR throughout the forecast period (2016-2022). Increasing artificial intelligence related applications for improving the data visibility to secure private data boost the growth of the market.

Also, growing numbers of data science researches for data cataloging and data refining accelerate market growth. Additionally, rising predictive modeling tools, alongside the proliferation of interactive visualization and automation, influence the growth of the market. Increasing usages of customer analytics and risk reporting & threat management and the rising developments of predictive analytics substantiate the market growth.

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Global Big Data as a Service Market – Competitive Analysis

The well-established BDaaS market appears fragmented due to the presence of several key big data as a service companies. Big data as service providers incorporate strategic initiatives such as mergers & acquisitions, collaboration, expansion, and product launch to gain a competitive advantage. Big data service providers focus on innovations and the development of new solutions, fueling the already intensified market competition.

Major Players: 

Players leading the global BDaaS market include Oracle Corporation (US), IBM (US), Microsoft Corporation (US), Google (US), Amazon Web Services (US), SAP SE (Germany), New Relic (US), Arcadia Data (US), Cazena (US), Tableau Software (US), DataTorrent (US), VMware, Inc (US), Hewlett-Packard (US), Splunk (US), DataHero (US), SAS Institute (US), and Teradata Corporation (US), among others.

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About Market Research Future:

Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis.

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