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BDaaS Market by Component (Solutions and Services), Organization Size, Deployment Type, Industry Vertical (BFSI, IT and Telecom, Healthcare and Life Sciences, eCommerce and Retail, and Manufacturing), and Region - Global Forecast to 2024

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Date: 31-Jan-2020
No. of pages: 137
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Growing demand in industries to gain actionable insights from big data and enormous growth of data due to digitization and automation across industries, to drive the adoption of BDaaS solutions

MarketsandMarkets estimates the global Big Data as a Service (BDaaS) market size to grow from USD11.3 billion in 2019 to USD 42.7 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 30.5% during the forecast period. The BDaaS industry is growing rapidlyowing to factors, such as growing demand in industries to gain actionable insights from big data and enormous growth of data due to digitization and automation across industries. However, complexities in extracting valuable insights out of humongous data sources are expected to limit the growth of the market.

Hybrid cloud deployment type to grow at the highest CAGR during the forecast period

As organizations are facing a tremendous growth of unstructured data, the requirement for data analysis is gaining traction among industry verticals. This data repository is a mix of active and frequently used data or inactive and less frequently used data. The hybrid cloud deployment type combines the benefits of both public and private cloud, which helps organizations analyze inactive data over the public cloud and active and sensitive business data through a more secure private cloud.

Banking, Financial Services and Insurance industry vertical to hold the highest market share in 2019

The Banking, Financial Services and Insurance (BFSI) industry vertical leverages the power of big data analytics to face challenges, such as strict banking regulations and reduced interest rates. There is a huge amount of data which is collected by the industry and can be used to generate revenue. Hence, the BFSI industry vertical is one of the largest adopters of BDaaS technologies, especially Hadoop. With the help of advanced technologies used in BDaaS solutions, the BFSI industry can enhance its customer experience, enterprise information management; enterprise performance management; and Governance, Risk and Compliance (GRC) services. The industry is gaining significant benefits by deploying cloud-based big data analytics solutions due to the improvement of the business processes by centralized processing of financial data. The banking industry has a huge volumes of customer data. Hence, the industry is deploying BDaaS solutions to extract valuable insights from these assets to enhance the overall customer experience.

Asia Pacific to grow at the highest CAGR during the forecast period

Asia Pacific (APAC) is expected to experience significant growth opportunities during the forecast period. With the increasing adoption of cloud technologies, digitalization, and automation of business processes, the adoption of BDaaS solutions in APAC is significantly increasing. A rapid change in enterprise requirements due to this digitalization and automation of business processes is one of the factors driving the growth of the BDaaS market in this region. APAC further demonstrates a combination of high growth rate, developing economies, and the mass adoption of mobile and the internet, thereby boosting the adoption of BDaaS solutions. The region has a large customer base and a significant presence of Small and Medium-sized Enterprises (SMEs). The increasing adoption of cloud-based big data analytics solutions among SMEs is expected to be the major factor driving the growth of the BDaaS market in the region.

In-depth interviews were conducted with the Chief Executive Officers (CEOs), Chief Marketing Officers (CMO), Vice Presidents (VPs), Managing Directors (MDs), technology and innovation directors, and related key executives from various key companies and organizations operating in the BDaaS market.


  • By Company – Tier 1–49%, Tier 2–35%, and Tier 3–16%

  • By Designation – C-Level Executives–40%, Director Level–36%,and Others–24%

  • By Region – North America–40%, Europe–27%,APAC–18%, Latin America – 10%, andMEA – 5%


The BDaaS market comprises major solution providers, such asIBM (US), Oracle (US), Microsoft (US), Google (US), AWS (US), SAP (Germany), Teradata (US), SAS (US), Dell Technologies (US), HPE (US), CenturyLink (US), Splunk (US), Cloudera (US), Salesforce (US), Qubole (US), GoodData (US), Hitachi Vantara (US), IRI (US), 1010data (US), and Guavus (US). The study includes in-depth competitive analysis of key players in the BDaaS market with their company profiles, recent developments, and key market strategies.

Research Coverage

The BDaaS market revenue is primarily classified into revenues from solutions and services. The market is also segmented on the basis of deployment type, organization size, industry vertical, and region.

Key benefits of the report

The report would help the market leaders/new entrants in this market with the information on the closest approximations of the revenue numbers for the overall BDaaS market and its sub segments. This report would help stakeholders understand the competitive landscape and gain insights to better position their businesses and plan suitable go-to-market strategies. The report would also help stakeholders understand the pulse of the market and provide them with information on the key market drivers, restraints, challenges, and opportunities.

BDaaS Market by Component (Solutions and Services), Organization Size, Deployment Type, Industry Vertical (BFSI, IT and Telecom, Healthcare and Life Sciences, eCommerce and Retail, and Manufacturing), and Region - Global Forecast to 2024

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.2.1 Inclusions and Exclusions
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Years Considered for the Study
1.4 Currency Considered
1.5 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakup of Primaries
2.1.2.2 Key Industry Insights
2.2 Market Breakup and Data Triangulation
2.3 Market Size Estimation
2.3.1 Top-Down Approach
2.3.2 Bottom-Up Approach
2.4 Market Forecast
2.5 Assumptions for the Study
2.6 Limitations of the Study

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Big Data as a Service Market
4.2 North America: Big Data as a Service Market, By Industry Vertical and Country
4.3 Big Data as a Service Market: Major Regions

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Demand in Industries to Gain Actionable Insights From Big Data
5.2.1.2 Growth in Data Due to Digitization and Automation
5.2.2 Restraints
5.2.2.1 Complexity in Extracting Valuable Insights Out of Humongous Data Source
5.2.3 Opportunities
5.2.3.1 Bdaas Solutions to Enhance Roi and Decision-Making Capabilities
5.2.3.2 Rapid Advancement of Cloud Ai, Ml, Iot, and Advanced Analytics to Boost Opportunities for Bdaas Vendors
5.2.4 Challenges
5.2.4.1 Security and Privacy Concerns
5.2.4.2 Lack of Awareness of Bdaas Solutions and Professional Expertise

6 Big Data as a Service Market, By Component
6.1 Introduction
6.2 Solutions
6.2.1 Hadoop as a Service
6.2.2 Data Analytics as a Service
6.2.3 Others
6.3 Services

7 Big Data as a Service Market, By Organization Size
7.1 Introduction
7.2 Large Enterprises
7.3 Small and Medium-Sized Enterprises

8 Big Data as a Service Market, By Deployment Type
8.1 Introduction
8.2 Public Cloud
8.3 Hybrid Cloud
8.4 Private Cloud

9 Big Data as a Service Market, By Industry Vertical
9.1 Introduction
9.2 Banking, Financial Services, and Insurance
9.3 IT and Telecom
9.4 Healthcare and Life Sciences
9.5 Ecommerce and Retail
9.6 Manufacturing
9.7 Media and Entertainment
9.8 Others

10 Big Data as a Service Market, By Region
10.1 Introduction
10.2 North America
10.2.1 United States
10.2.2 Canada
10.3 Europe
10.3.1 United Kingdom
10.3.2 Rest of Europe
10.4 Asia Pacific
10.4.1 China
10.4.2 Rest of Asia Pacific
10.5 Latin America
10.6 Middle East and Africa

11 Competitive Landscape
11.1 Introduction
11.2 Competitive Leadership Mapping
11.2.1 Visionary Leaders
11.2.2 Dynamic Differentiators
11.2.3 Innovators
11.2.4 Emerging Companies

12 Company Profiles
12.1 Introduction
12.2 Google
(Business Overview, Solutions and Services Offered, Recent Developments, and SWOT Analysis)*
12.3 Microsoft
12.4 Amazon Web Services
12.5 IBM
12.6 Oracle
12.7 SAP
12.8 Teradata
12.9 SAS
12.10 Dell Technologies
12.11 Hewlett Packard Enterprise
12.12 Salesforce
12.13 Splunk
12.14 Cloudera
12.15 CenturyLink
12.16 Qubole
12.17 Hitachi Vantara
12.18 IRI
12.19 GoodData
12.20 1010data
12.21 Guavus
*Details on Business Overview, Solutions and Services Offered, Recent Developments, and SWOT Analysis Might Not be Captured in Case of Unlisted Companies.
12.22 Right to Win

13 Appendix
13.1 Knowledge Store: Marketsandmarkets’ Subscription Portal
13.2 Available Customizations
13.3 Related Reports
13.4 Author Details

List of Tables

Table 1 United States Dollar Exchange Rate, 2016–2018
Table 2 Factor Analysis
Table 3 Big Data as a Service Market Size, By Component, 2017–2024 (USD Million)
Table 4 Solutions: Big Data as a Service Market Size, By Type, 2017–2024 (USD Million)
Table 5 Solutions: Big Data as a Service Market Size, By Region, 2017–2024 (USD Million)
Table 6 North America: Solutions Market Size, By Country, 2017–2024 (USD Million)
Table 7 Europe: Solutions Market Size, By Country, 2017–2024 (USD Million)
Table 8 Asia Pacific: Solutions Market Size, By Country, 2017–2024 (USD Million)
Table 9 Hadoop as a Service Market Size, By Region, 2017–2024 (USD Million)
Table 10 North America: Hadoop as a Service Market Size, By Country, 2017–2024 (USD Million)
Table 11 Europe: Hadoop as a Service Market Size, By Country, 2017–2024 (USD Million)
Table 12 Asia Pacific: Hadoop as a Service Market Size, By Country, 2017–2024 (USD Million)
Table 13 Data Analytics as a Service Market Size, By Region, 2017–2024 (USD Million)
Table 14 North America: Data Analytics as a Service Market Size, By Country, 2017–2024 (USD Million)
Table 15 Europe: Data Analytics as a Service Market Size, By Country, 2017–2024 (USD Million)
Table 16 Asia Pacific: Data Analytics as a Service Market Size, By Country, 2017–2024 (USD Million)
Table 17 Others Market Size, By Region, 2017–2024 (USD Million)
Table 18 North America: Others Market Size, By Country, 2017–2024 (USD Million)
Table 19 Europe: Others Market Size, By Country, 2017–2024 (USD Million)
Table 20 Asia Pacific: Others Market Size, By Country, 2017–2024 (USD Million)
Table 21 Services: Big Data as a Service Market Size, By Region, 2017–2024 (USD Million)
Table 22 North America: Services Market Size, By Country, 2017–2024 (USD Million)
Table 23 Europe: Services Market Size, By Country, 2017–2024 (USD Million)
Table 24 Asia Pacific: Services Market Size, By Country, 2017–2024 (USD Million)
Table 25 Big Data as a Service Market Size, By Organization Size,  2017–2024 (USD Million)
Table 26 Large Enterprises: Big Data as a Service Market Size, By Region, 2017–2024 (USD Million)
Table 27 North America: Large Enterprises Market Size, By Country, 2017–2024 (USD Million)
Table 28 Europe: Large Enterprises Market Size, By Country, 2017–2024 (USD Million)
Table 29 Asia Pacific: Large Enterprises Market Size, By Country, 2017–2024 (USD Million)
Table 30 Small and Medium-Sized Enterprises: Big Data as a Service Market Size, By Region, 2017–2024 (USD Million)
Table 31 North America: Small and Medium-Sized Enterprises Market Size, By Country, 2017–2024 (USD Million)
Table 32 Europe: Small and Medium-Sized Enterprises Market Size, By Country, 2017–2024 (USD Million)
Table 33 Asia Pacific: Small and Medium-Sized Enterprises Market Size, By Country, 2017–2024 (USD Million)
Table 34 Big Data as a Service Market Size, By Deployment Type, 2017–2024 (USD Million)
Table 35 Public Cloud: Big Data as a Service Market Size, By Region, 2017–2024 (USD Million)
Table 36 North America: Public Cloud Market Size, By Country, 2017–2024 (USD Million)
Table 37 Europe: Public Cloud Market Size, By Country, 2017–2024 (USD Million)
Table 38 Asia Pacific: Public Cloud Market Size, By Country, 2017–2024 (USD Million)
Table 39 Hybrid Cloud: Big Data as a Service Market Size, By Region, 2017–2024 (USD Million)
Table 40 North America: Hybrid Cloud Market Size, By Country, 2017–2024 (USD Million)
Table 41 Europe: Hybrid Cloud Market Size, By Country, 2017–2024 (USD Million)
Table 42 Asia Pacific: Hybrid Cloud Market Size, By Country, 2017–2024 (USD Million)
Table 43 Private Cloud: Big Data as a Service Market Size, By Region, 2017–2024 (USD Million)
Table 44 North America: Private Cloud Market Size, By Country, 2017–2024 (USD Million)
Table 45 Europe: Private Cloud Market Size, By Country, 2017–2024 (USD Million)
Table 46 Asia Pacific: Private Cloud Market Size, By Country, 2017–2024 (USD Million)
Table 47 Big Data as a Service Market Size, By Industry Vertical, 2017–2024 (USD Million)
Table 48 Banking, Financial Services, and Insurance: Big Data as a Service Market Size, By Region, 2017–2024 (USD Million)
Table 49 IT and Telecom: Big Data as a Service Market Size, By Region, 2017–2024 (USD Million)
Table 50 Healthcare and Life Sciences: Big Data as a Service Market Size, By Region, 2017–2024 (USD Million)
Table 51 Ecommerce and Retail: Big Data as a Service Market Size, By Region, 2017–2024 (USD Million)
Table 52 Manufacturing: Big Data as a Service Market Size, By Region, 2017–2024 (USD Million)
Table 53 Media and Entertainment: Big Data as a Service Market Size, By Region, 2017–2024 (USD Million)
Table 54 Others: Big Data as a Service Market Size, By Region, 2017–2024 (USD Million)
Table 55 Big Data as a Service Market Size, By Region, 2017–2024 (USD Million)
Table 56 North America: Big Data as a Service Market Size, By Component, 2017–2024 (USD Million)
Table 57 North America: Big Data as a Service Market Size, By Solution, 2017–2024 (USD Million)
Table 58 North America: Big Data as a Service Market Size, By Organization Size, 2017–2024 (USD Million)
Table 59 North America: Big Data as a Service Market Size, By Deployment Type, 2017–2024 (USD Million)
Table 60 North America: Big Data as a Service Market Size, By Industry Vertical, 2017–2024 (USD Million)
Table 61 North America: Big Data as a Service Market Size, By Country, 2017–2024 (USD Million)
Table 62 United States: Big Data as a Service Market Size, By Component, 2017–2024 (USD Million)
Table 63 United States: Big Data as a Service Market Size, By Solution, 2017–2024 (USD Million)
Table 64 United States: Big Data as a Service Market Size, By Organization Size, 2017–2024 (USD Million)
Table 65 United States: Big Data as a Service Market Size, By Deployment Type, 2017–2024 (USD Million)
Table 66 Canada: Big Data as a Service Market Size, By Component, 2017–2024 (USD Million)
Table 67 Canada: Big Data as a Service Market Size, By Solution, 2017–2024 (USD Million)
Table 68 Canada: Big Data as a Service Market Size, By Organization Size, 2017–2024 (USD Million)
Table 69 Canada: Big Data as a Service Market Size, By Deployment Type, 2017–2024 (USD Million)
Table 70 Europe: Big Data as a Service Market Size, By Component, 2017–2024 (USD Million)
Table 71 Europe: Big Data as a Service Market Size, By Solution, 2017–2024 (USD Million)
Table 72 Europe: Big Data as a Service Market Size, By Organization Size, 2017–2024 (USD Million)
Table 73 Europe: Big Data as a Service Market Size, By Deployment Type, 2017–2024 (USD Million)
Table 74 Europe: Big Data as a Service Market Size, By Industry Vertical, 2017–2024 (USD Million)
Table 75 Europe: Big Data as a Service Market Size, By Country, 2017–2024 (USD Million)
Table 76 United Kingdom: Big Data as a Service Market Size, By Component, 2017–2024 (USD Million)
Table 77 United Kingdom: Big Data as a Service Market Size, By Solution, 2017–2024 (USD Million)
Table 78 United Kingdom: Big Data as a Service Market Size, By Organization Size, 2017–2024 (USD Million)
Table 79 United Kingdom: Big Data as a Service Market Size, By Deployment Type, 2017–2024 (USD Million)
Table 80 Rest of Europe: Big Data as a Service Market Size, By Component, 2017–2024 (USD Million)
Table 81 Rest of Europe: Big Data as a Service Market Size, By Solution, 2017–2024 (USD Million)
Table 82 Rest of Europe: Big Data as a Service Market Size, By Organization Size, 2017–2024 (USD Million)
Table 83 Rest of Europe: Big Data as a Service Market Size, By Deployment Type, 2017–2024 (USD Million)
Table 84 Asia Pacific: Big Data as a Service Market Size, By Component, 2017–2024 (USD Million)
Table 85 Asia Pacific: Big Data as a Service Market Size, By Solution, 2017–2024 (USD Million)
Table 86 Asia Pacific: Big Data as a Service Market Size, By Organization Size, 2017–2024 (USD Million)
Table 87 Asia Pacific: Big Data as a Service Market Size, By Deployment Type, 2017–2024 (USD Million)
Table 88 Asia Pacific: Big Data as a Service Market Size, By Industry Vertical, 2017–2024 (USD Million)
Table 89 Asia Pacific: Big Data as a Service Market Size, By Country, 2017–2024 (USD Million)
Table 90 China: Big Data as a Service Market Size, By Component, 2017–2024 (USD Million)
Table 91 China: Big Data as a Service Market Size, By Solution, 2017–2024 (USD Million)
Table 92 China: Big Data as a Service Market Size, By Organization Size, 2017–2024 (USD Million)
Table 93 China: Big Data as a Service Market Size, By Deployment Type, 2017–2024 (USD Million)
Table 94 Rest of Asia Pacific: Big Data as a Service Market Size, By Component, 2017–2024 (USD Million)
Table 95 Rest of Asia Pacific: Big Data as a Service Market Size, By Solution, 2017–2024 (USD Million)
Table 96 Rest of Asia Pacific: Big Data as a Service Market Size, By Organization Size, 2017–2024 (USD Million)
Table 97 Rest of Asia Pacific: Big Data as a Service Market Size, By Deployment Type, 2017–2024 (USD Million)
Table 98 Latin America: Big Data as a Service Market Size, By Component, 2017–2024 (USD Million)
Table 99 Latin America: Big Data as a Service Market Size, By Solution, 2017–2024 (USD Million)
Table 100 Latin America: Big Data as a Service Market Size, By Organization Size, 2017–2024 (USD Million)
Table 101 Latin America: Big Data as a Service Market Size, By Deployment Type, 2017–2024 (USD Million)
Table 102 Latin America: Big Data as a Service Market Size, By Industry Vertical, 2017–2024 (USD Million)
Table 103 Middle East and Africa: Big Data as a Service Market Size, By Component, 2017–2024 (USD Million)
Table 104 Middle East and Africa: Big Data as a Service Market Size, By Solution, 2017–2024 (USD Million)
Table 105 Middle East and Africa: Big Data as a Service Market Size, By Organization Size, 2017–2024 (USD Million)
Table 106 Middle East and Africa: Big Data as a Service Market Size, By Deployment Type, 2017–2024 (USD Million)
Table 107 Middle East and Africa: Big Data as a Service Market Size, By Industry Vertical, 2017–2024 (USD Million)
Table 108 Evaluation Criteria

List of Figures

Figure 1 Big Data as a Service Market: Research Design
Figure 2 Big Data as a Service Market: Top-Down and Bottom-Up Approaches
Figure 3 Ecommerce and Retail Industry Vertical to Witness the Highest Growth Rate During the Forecast Period
Figure 4 Segments With High Market Shares in the Big Data as a Service Market in 2019
Figure 5 North America to Account for the Highest Market Share in 2019
Figure 6 Growing Need Among Enterprises to Gain Actionable Big Data Insights to Drive the Big Data as a Service Market Growth
Figure 7 Banking, Financial Services, and Insurance Industry Vertical and the United States to Account for High Market Shares in 2019
Figure 8 Asia Pacific to Grow at the Highest Growth Rate During the Forecast Period
Figure 9 Drivers, Restraints, Opportunities, and Challenges: Big Data as a Service Market
Figure 10 Services Segment to Grow at a Higher CAGR During the Forecast Period
Figure 11 Data Analytics as a Service Segment to Grow at the Highest CAGR During the Forecast Period
Figure 12 Small and Medium-Sized Enterprises Segment to Grow at a Higher CAGR During the Forecast Period
Figure 13 Hybrid Cloud Segment to Grow at the Highest CAGR During the Forecast Period
Figure 14 Ecommerce and Retail Industry Vertical to Grow at the Highest CAGR During the Forecast Period
Figure 15 Asia Pacific to Witness Significant Growth During the Forecast Period
Figure 16 North America: Market Snapshot
Figure 17 Asia Pacific: Market Snapshot
Figure 18 Big Data as a Service Market (Global) Competitive Leadership Mapping, 2019
Figure 19 Google: Company Snapshot
Figure 20 Google: SWOT Analysis
Figure 21 Microsoft: Company Snapshot
Figure 22 Microsoft: SWOT Analysis
Figure 23 AWS: SWOT Analysis
Figure 24 IBM: Company Snapshot
Figure 25 IBM: SWOT Analysis
Figure 26 Oracle: Company Snapshot
Figure 27 Oracle: SWOT Analysis
Figure 28 SAP: Company Snapshot
Figure 29 Teradata: Company Snapshot
Figure 30 SAS: Company Snapshot
Figure 31 Dell Technologies: Company Snapshot
Figure 32 HPE: Company Snapshot

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