Big Data as a Service Market by Type of Solutions - Global Forecast to 2020

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Jan 21, 2016, 06:58 ET

LONDON, Jan. 21, 2016 /PRNewswire/ -- Today, there is a tremendous increase of unstructured data across various verticals, such as Banking, Financial Services and Insurance (BFSI), healthcare and life sciences, retails and consumer goods, manufacturing, travel and hospitality, IT and telecommunication, media and entertainment, government, and others. Big data analytics has become the need of the hour for these industries in order to get the complete benefits of the big data analytics results. They are using BDaaS solutions to enhance their customer experience, optimize their business processes, and utilize the insights (generated through big data analytics) in their business strategies and others.

There are various BDaaS solutions that include Hadoop-as-a-Service, Data-as-a-Service, and Data Analytics-as-a-Service.

The Hadoop-as-a-Service is a widely adopted BDaaS solution sponsored by Apache Software Foundation. It is basically a Java-based structure that supports the processing of huge data sets. Data-as-a-Service, which is growing at high pace, utilizes the 3v's (variety, velocity, and volume) of big data to provide better analytical results in the cloud. Data Analytics-as-a-Service offers combined features of Data Visualization-as-a-Service and Data Analytics-as-a-Service and provide results in the form of data visualizations, statics, presentations, and dashboards.

The report consists of the detailed analysis, market sizing, and forecasting for the emerging submarkets of the BDaaS market. The report is segmented on the basis of type of BDaaS solutions, deployment models, organization size, verticals, and regions. The BDaaS market research report analyzes the global adoption trends, future growth potentials, key drivers, competitive outlook, restraints, opportunities, market ecosystem, and emerging technologies in this market.

The BDaaS report is expected to help the market leaders/new entrants in the following ways:
1. The BDaaS report segments the market into type, deployment models, organization size, verticals, and regions thereby comprehensively covering this market. The report further sub-segments the market and provides the closest approximations of the revenue numbers for the overall market.
2. The BDaaS report is expected to help them understand the competitors and gain more insights to enhance their position in the market. Competitive landscape provides detailed study of the competitors' ecosystem and their roles in the market. Besides, the company profiles of the top 10 players in this market are also included in the report where market internals are provided to put them ahead of the competitors.
BDaaS would help understand the overall growth of the market by providing information and analysis on the key market drivers, restraints, challenges, and opportunities.

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