Market Synopsis:Market Research Future (MRFR)’s latest study projects that the global big data as a service market is set to exhibit substantial growth over the next couple of years. The massive amounts of data being generated by the business enterprises have created a need for structured data analysis for gaining insights into the stock of data. It has catapulted the big data as a service market on an upward trajectory. The requirement for data analysis facilitates the achievement of business goals. It is anticipated to aid the market proliferation in the upcoming years.
Regional Insights:
By region, the global [FURL=https://www.marketresearchfuture.com/reports/big-data-as-a-service-market-1209]BDaaS Market[/FURL] has been segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America held a dominant share of the market in 2016 and is projected to retain a significant share of the market during the forecast period. The favors favoring the growth of the regional market include the large-scale adoption of big data as a service across various industrial verticals. The consolidation of major key players in the U.S. has led the expansion of the big data as a service market in the region with the U.S. being one of the most prominent country-level markets.
Europe is another significant growth pocket of the big data as a service market. Although the market in Europe is undergoing a significant transformation and also lacks the advantageous consolidation of key players; still, it is projected to show a steep rise in the growth of the big data as a service market. The growth can be ascribed to the rapid adoption of the technology across different industry verticals coupled with increased application in IT & telecommunication sector.
Competitive Dashboard:
Some of the key players profiled in the report are IBM (U.S.), Tableau Software (U.S.), Oracle Corporation (U.S.), Microsoft Corporation (U.S.), Amazon Web Services (U.S.), Google (U.S.), New Relic (U.S.), SAP SE (Germany), Cazena (U.S.), Arcadia Data (U.S.), VMware, Inc (U.S.), DataTorrent (U.S.), DataHero (U.S.), Hewlett-Packard (HP) (U.S.), Splunk (U.S.), Teradata Corporation (U.S.), SAS Institute (U.S.)
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