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The global Big Data as a Service market was valued at US$ 30.63 Billion in 2021.
We expect the global Big Data as a Service market to exhibit a CAGR of 22.14% during 2022-2027.
The increasing penetration of IoT system, along with the growing application of Big Data as a Service
in enabling organizations to efficiently make data-driven decisions, is currently driving the global Big
Data as a Service market.
The sudden outbreak of the COVID-19 pandemic has led to the increasing adoption of Big Data as a
Service across diverse industries, to get remote access to the database of the organization with
advanced security to gain operational efficiency.
Based on the solution, the global Big Data as a Service market can be segregated into Hadoop-as-a-
Service (HDaaS), Data-as-a-Service (DaaS), and Data Analytics-as-a-Service (DAaaS). Currently, Data
Analytics-as-a-Service (DAaaS) solution accounts for the majority of the total market share.
Based on the deployment model, the global Big Data as a Service market has been divided into
public cloud, private cloud, and hybrid cloud. Among these, public cloud currently exhibits a clear
dominance in the market.
Based on the platform type, the global Big Data as a Service market can be categorized into JAVA,
Microsoft, oracle, SAP, and others. Currently, JAVA holds the majority of the global market share.
Based on the organization size, the global Big Data as a Service market has been segmented into
small and medium-sized enterprises and large enterprises, where large enterprises currently
represent the largest market share.
Based on the verticals, the global Big Data as a Service market can be bifurcated into BFSI,
healthcare, retail, IT and telecommunication, manufacturing, media and entertainment, and others.
Among these, the BFSI sector accounts for the majority of the total market share.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin
America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global Big Data as a Service market include 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., etc.
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