The Data as a Service Market is expected to grow at a CAGR of 36.9% and reach 61.42 Billion by the end of 2030. The study covers significant data like market trends, drivers, market challenges, SWOT analysis, value, size, share, Data as a Service Market growth with Forecast.
The banking and financial sectors have been facing a huge stage in capitalizing on the opportunities created by accessing, analyzing and acting on the data generated in real-time or risk becoming a non-competitive market. Moreover, it has been observed that only the big national and some regional banks prioritize the need for data and analytics. Smaller banks and financial analysis or stock markets are expected to largely benefit from the data as a service. But the global share market and all the industrial sectors shave face a huge loss in the COVID-19 period.
This report has covered:
- Market overview
- COVID 19 Analysis
- Market dynamics
- Cumulative growth analysis
- Value chain analysis
- Segment overview
- Regional analysis
- Competitive landscape
- Recent developments
As per the global data as a service market analysis report, the market has been segmented into five categories: solution type, deployment type, organization size, industry vertical, and regional type. With the solution type, the market has been divided into three basic categories like Hadoop-as-a-service, data-as-a-service and data analytics-as-a-service. According to the deployment section, the global data as a service market has been divided into public, private, and hybrid clouds. The organization size is further classified into two sections such as small & medium enterprises and large enterprises. According to the industry vertical, the market has been divided into seven types BFSI, retail & e-commerce, IT & telecom, healthcare, government, manufacturing, etc. The regional section is further divided into five categories: Asia-Pacific, Europe, North America, South America, and Middle East & Africa.
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The growth of the data as a service market in the Asia-Pacific region directly correlates with the growth of the end-user industries of such a region. The government from several regions has used the data for various purposes like estimating the trade in the country, unreserved railway passengers analysis, urbanization analysis and various others. Besides this, several international brands are complete to enter the region; they are incorporating the social media-based promotion strategies by using the data provided by the various players in the market to tap into the market.
Top Key Players
- Microsoft Corporation (U.S.)
- IBM Corporation (U.S.)
- Facebook Inc. (U.S.)
- Fair Isaac Corporation (U.S.)
- Alibaba Group Holding Limited (China)
- Google Inc. (U.S.)
- Oracle Corporation (U.S.)
- Bloomberg Finance L.P. (U.S.)
- Salesforce.com Inc. (U.S.)
- LinkedIn Corporation (U.S.)
- Mastercard Advisors LLC (U.S.)
- LexisNexis Corporation (U.S.)