Predominantly, big data as a service is a cloud-based framework, which provides end-to-end big data solutions to enterprises on their demand. It can be defined as a combined structure of data-as-a-service (DaaS), hadoop-as-a-service (HDaaS), and data analytics-as-a-service. The augmenting need for ensuring the high data quality and creating a channelized data flow in enterprises has fueled the need for technologically advanced big data solutions to gather, store, assess, visualize, and make predictions from the information gained from large data volumes. With the rising usage of cloud-based predictive analytics, the global market for big data as a service is likely to witness strong growth in the years to come.

North America has been dominating the global market and is expected to retain its position over the next few years. Owing to the presence of a large pool of established players, such as Dell, HP, IBM, and Cisco, the U.S. has surfaced as the leading domestic market for big data as a service in North America.

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Global Big Data as a Service Market: Overview

Big data as a service is considered as the delivery of statistical analysis information from a third party or a service provider that helps the organization to understand the insights with an objective to achieve competitive advantage.

Global data as a service market is growing at a faster pace owing to the increasing demand for statistical analysis since the massive amount of unstructured data is generated almost at regular interval of time from the various organization. The organizations outsource the big data service to manage the large data rather than doing it in-house. The big data as a service is often offered by various ways.

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Global Big Data as a Service Market: Drivers and Restraints

Global big data as a service market is primarily driven by the increasing requirement of structured data for analysis which helps the organizations to achieve targets and grow at a faster pace. The demand for data science and predictive analysis is increasing which boosts the big global data as a service market. The conclusions driven by the use of big data are accurate with novel insights when compared to traditional analytics is also one of the factors driving the big global data as a service market.

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Global Big Data as a Service Market: Segmentation

On the basis of solution type, big data as a service market is segmented into:-

Hadoop-as-a-Service (HDaaS)

Data Analytics-as-a-Service (DAaaS)

Data-as-a-Service (DaaS)

On the basis of deployment model type, big data as a service market is segmented into:-

Public cloud

Private cloud

Hybrid cloud

On the basis of platform type, big data as a service market is segmented into:-

JAVA

Microsoft

Oracle

SAP

Others

On the basis of end use industries, big data as a service market is segmented into:-

Banking & Financial Services

Retail

Manufacturing

Energy & Utilities

Healthcare

Public Sector

Media & Entertainment

Others

Global Big data as a service Market: Region wise Outlook

The big global data as a service market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and the Middle East and Africa (MEA). North America is holding majority of the share in the big global data as a service market owing to the presence of establishes players such as Microsoft Corporation

Global Big Data as a Service Market: Key Players

Hewlett Packard Enterprise Development LP

International Business Machines Corporation

Microsoft Corporation

SAP SE

SAS Institute Inc.

Teradata Corporation

Accenture LLP

Oracle Corporation

SunGard Data Systems Inc.

UST GLOBAL INC

MapR Technologies, Inc.