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.
Global Big Data as a Service Market – Segmentation
The report is segmented into five dynamics;
By Services : HaaS (Hadoop as a Service), DaaS (Data as a Service), and AaaS (Analytics as a Service).
By Organization Size : Small & Medium Enterprises and Large Enterprises.
By Deployment : On-Premise, On-Demand, and Hybrid.
By Industry : BFSI, Manufacturing, Retail, Healthcare, Media & Entertainment, Government, and others.
By Regions : Asia Pacific, Europe, Americas, and the Rest-of-the-World.
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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.
Industry/ Innovation/ Related News
September 23, 2020 —- Big Data Exchange (BDx), a content exchange platform with data centers in China, announced its partnership with SpaceBelt Pte. Ltd.(the US), a subsidiary of Cloud Constellation Corporation. The association is focused on offering secured data storage services through the Cloud Constellation SpaceBeltTM Data Security-as-a-Service (DSaaS) offering.
The use of secure data access, cloud applications, storage ability, and effective data processing between offices on the SpaceBelt network enables businesses to avoid the unreliability of terrestrial networks. BDx is the only data center service provider in Asia so far to partner with SpaceBelt to offer increased access to SpaceBelt’s space-based secure data storage services, expanding SpaceBelt’s innovative data security platform in Asia.
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This report on the Global Big Data Market provides a global 360-degree perspective of the industry while taking into consideration historical data as well as providing accurate estimations of the future scope of the market.
This make it easier for the stakeholders of the report to utilize this information and incorporate changes in their business policies and be well informed about the market dynamics.
It also provides an insight into the competitive landscape of the market highlighting key competitors, major manufacturers dominating the Big Data Market, while also providing an analysis of the market share and revenue generation figures.Ask for report free sample with complete TOC and list of tables/figures @ https://www.datalibraryresearch.com/sample-request/big-data-market-1953Global Big Data Market Competitive Analysis:IBM CorporationOracle CorporationMicrosoft CorporationSplunk IncorporatedAmazon Web ServicesIntel CorporationNetApp, Inc.GoogleTIBCO Software Inc.Dell Inc.VMware Inc.MicroStrategy, Inc.SAP SEEMC Corporation,Cloudera, Inc.Karmasphere Inc.HORTONWORKS, INC.Teradata CorporationHP EnterpriseDrivers & ConstraintsThe report largely stresses on the importance of market dynamics in understanding the Big Data Market industry.
Additionally, the report also calls out regions that have showed maximum growth in the past as well as regions that emerged as leaders of the market in historic years.
Moreover, the report also lists out regions that are expected to show maximum potential for market growth in the years to come.
*All our reports are customizable as per customer requirementsThis study forecasts revenue and volume growth at global, regional, and country levels from 2016 to 2027.
Global 3D Imaging Market to Soar at Robust CAGR of 26.8% by end of 2021The 3D imaging market is to widen extremely owing to the enhancement and modernization of technology in this sector.Especially in the sector of imaging has given the global 3D imaging market a palpablerise.
Our Research predicts that the global 3D imaging market is likely to take a hike worth US$17.99 bn by 2021 from US$3.51 bn in 2014.
During the forecast years of 2015 and 2021 the global market is estimated to deluge at a CAGR of 26.8%.An unique research is bought by our Analysts by which provides a profound understanding of the various market dynamics conducting the global 3D imaging market.
Complete with an executive summary and a competitive landscape, the research report targets to be a guiding hand to market enthusiasts and capatalists in the coming decade.
The ease of modeling, scanning, rendering, layout and animation, and reconstruction with the help of 3D technologies has truly segmented the global 3D imaging market in the past few years.
Areas such as ultrasound, computed tomography, and magnetic resonance imaging are conventional to show high adoption of 3D imaging technologies in the coming years.
The market can stand at a valuation of over USD 52 Billion by 2027-end, reveals MRFR.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/2541Primary Drivers and Main BarriersMRFR anticipates a brisk growth of the hadoop big data analytics market in the near future, thanks to the tsunami of data being generated across various industry verticals, which is only expected to surge further in the coming years.
These efforts are some of the most effective strategies that are used by companies to achieve a better position in the global market.
Data experts view this as a significant trend that can lead considerable expansion of the Hadoop big data analytics market in the following years.The investments being made by market participants in next generation solutions has increased tremendously over the years, which are also anticipated to induce industry growth.
End-users are doing everything in their capacity to bring down the hardware costs, which not only strengthens their market position but also boosts the demand for Hadoop big data analytics.The emerging trend of visualization-backed data discovery tools is being continuously explored by organizations to reap more benefits from Big Data.
Organizations largely dependent on centralized development of reports usually conducted by highly skilled experts are now opting for the quicker and more cost-effective business intelligence model that leverages the dynamic combination of mobile workforce and Big Data.Market SegmentationComponent, application and end-user are the primary segments depending on which the study of the market has been carried out in the MRFR report.Component-dependent market segmentation comprises Software as well as Services (which include Managed Services, Training & Support and Consulting & Development,).
In the year 2017, the largest share of 71.05% was claimed by the software segment, which is presumed to advance at a pace of 35.69% in the ensuing period.Applications of Hadoop big data analytics are Internet of Things (IoT), Risk & Fraud Analytics, Security Intelligence, Merchandising & Supply Chain Analytics, Customer Analytics, Merchandising Coordination Service, Distributed Coordination Service, and others.
The market can stand at a valuation of over USD 52 Billion by 2023-end, reveals MRFR.Significant CompetitorsSignificant competitors in the Hadoop big data analytics industry are MapR Technologies (U.S.), Tableau Software, Inc. (U.S.), Karmasphere, Inc. (U.S.), Microsoft Corporation (U.S.), Cloudera, Inc. (U.S.), Teradata Corporation (U.S.), Pentaho Corporation (U.S.), Datameer, Inc. (U.S.), IBM Corporation (U.S.), Amazon Web Services (U.S.), to list a few.Primary Drivers and Main BarriersMRFR anticipates a brisk growth of the hadoop big data analytics market in the near future, thanks to the tsunami of data being generated across various industry verticals, which is only expected to surge further in the coming years.
These efforts are some of the most effective strategies that are used by companies to achieve a better position in the global market.
Data experts view this as a significant trend that can lead considerable expansion of the Hadoop big data analytics market in the following years.Get Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/2541The investments being made by market participants in next generation solutions has increased tremendously over the years, which are also anticipated to induce industry growth.
End-users are doing everything in their capacity to bring down the hardware costs, which not only strengthens their market position but also boosts the demand for Hadoop big data analytics.The emerging trend of visualization-backed data discovery tools is being continuously explored by organizations to reap more benefits from Big Data.
Organizations largely dependent on centralized development of reports usually conducted by highly skilled experts are now opting for the quicker and more cost-effective business intelligence model that leverages the dynamic combination of mobile workforce and Big Data.Market SegmentationComponent, application and end-user are the primary segments depending on which the study of the market has been carried out in the MRFR report.Component-dependent market segmentation comprises Software as well as Services (which include Managed Services, Training & Support and Consulting & Development,).
In the year 2017, the largest share of 71.05% was claimed by the software segment, which is presumed to advance at a pace of 35.69% in the ensuing period.Check Discount @ https://www.marketresearchfuture.com/check-discount/2541Applications of Hadoop big data analytics are Internet of Things (IoT), Risk & Fraud Analytics, Security Intelligence, Merchandising & Supply Chain Analytics, Customer Analytics, Merchandising Coordination Service, Distributed Coordination Service, and others.
Data Warehouse As A Service Market Report published by value market research, it provides a comprehensive market analysis which includes market size, share, value, growth, trends during forecast period 2019-2025 along with strategic development of the key player with their market share.
Further, the market has been bifurcated into sub-segments with regional and country market with in-depth analysis.The report also covers detailed competitive landscape including company profiles of key players operating in the global market.
The key players in the data warehouse as a service market includes Amazon Web Services, Inc., Cloudera, Inc., Google LLC, Hortonworks, Inc., IBM Corporation, Micro Focus International plc,, Microsoft Corporation, Oracle Corporation, Pivotal Software, Inc., SAP SE, Snowflake Computing Inc., Teradata Corporation and Yellow Brick, INC..An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.Get more information on "Global Data Warehouse As A Service Market Research Report" by requesting FREE Sample Copy at: https://www.valuemarketresearch.com/contact/data-warehouse-as-a-service-market/download-sampleMarket DynamicsThe rapidly increasing data volume across various digitalized industries is driving market growth.
Rising concerns associated with data security, compliance, and sovereignty are again fuelling market growth.
On the other hand, very slow adoption of cloud from extract, transform and load tools may restrict the market growth.
Whereas, undergoing rapid digitalization and industrialization in emerging economies is expected to create potential opportunity over the forecast period.This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis.
North America will continue to be the Largest Market Representing Highest Revenue Share of the Overall Market
According to a report published by RRI, the global market for storage in big data is projected to cross 9.599 Million by 2016 end. By 2026, the market is anticipated to reach US$ 61.44 Billion, expanding at a CAGR of 20.4% during the forecast period (2016–2026).
The global market for big data is primarily driven by increasing digitization of information and data records across the globe. Moreover, stringent regulations introduced by governments of various nations are compelling professional organizations to opt for digital maintenance of their records. This is most noticeable in the healthcare sector. Moreover, growing number of connected devices and rising popularity of software-based storage options is expected to influence the overall market growth during the forecast period. Likewise, the ever expanding digital data size is an additional factor, which is resulting in the higher adoption of data different storage technologies available in the market. In contrast, macroeconomic factors such as the hefty overall cost of acquiring flash storage and limited budget allocations for data storage are likely to hinder the growth of the global market for big data. Similarly, discrepancies in date representation is an additional factor that may pose a threat to overall market growth.
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Based on segment, the global market for storage in big data is segmented into hardware segment, services segment and software segment. Hardware is the largest segment of the global market for storage in big data accounting for over 49% value share of the market in 2015. In addition, the segment is anticipated to witness an incremental $ opportunity of US$ 16.38 Billion over the forecast period. The software segment is expected to witness an incremental $ opportunity of over 11 Billion during 2016 to 2026.
On the basis of industry, the global market for storage in big data in segmented into transportation, healthcare and medical, BFSI, IT and telecommunications, logistics & retail, entertainment, media and, others. In 2015, the BFSI segment accounted for US$ 1,694.1 Million in terms of value and is expected to surpass US$ 2,071 Million by 2016 end, registering a Y-o-Y growth rate of over 22%. The Media and Entertainment segment is projected to reflect healthy Y-o-Y growth rates throughout the forecast period.
On the basis of regions, the global market for storage in big data in segmented into North America, Western Europe, Asia Pacific Excluding Japan (APEJ), Latin America, Eastern Europe, Japan, and the Middle East & Africa (MEA). The market in North America will continue to generate highest revenues over the forecast period, expanding at a CAGR of over 21% through 2026. In addition, the market in the region is expected to reach US$ 30.12 Billion by 2026 end. The Western Europe market for storage in big data is expected to grow the fastest, expanding at a CAGR of 21.8% over the forecast period. Latin America is anticipated to exhibit exciting market opportunities for leading players in the global market for storage in big data during 2016 to 2026.
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Vendor News
Key players operating in the global market for storage in big data include Amazon Web Services Inc., Google Inc., VMware Inc., Dell EMC, Oracle Corporation, Teradata Corporation, MemSQL, Inc. Microsoft Corporation, IBM Corporation, SAS Institute Inc., SAP SE, Hewlett Packard Enterprise, and Hitachi Data Systems Corporation. Most of these companies are actively focusing on higher investment in cloud services, upgrading flash storage product portfolio, offer hybrid storage services, integrating flash technology and cloud with storage devices, and jointly working with various other tech firms in order to improve their global presence and penetrate narrower distribution channels. In addition, leading companies are integrating storage systems with predictive analytics and also offering storage servers to end users in order to reduce latency time.
Summary: Hardware to be the largest segment of the global market for storage in big data during the forecast period.
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