Kenneth Research published a report titled “Data-As-A-Service Daas Market: Global Demand Analysis & Opportunity Outlook 2031” which delivers detailed overview of the global data-as-a-service Daas market in terms of market segmentation by deployment, end-users, organization size, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
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The global data-as-a-service Daas market is expected to grow at ~40 % CAGR over the forecast period, i.e., 2022-2031. The market is segmented by deployment into public, private, and hybrid cloud. Out of these, the hybrid cloud segment is anticipated to hold the largest share over the forecast period owing to the flexibility it provides to the organizations in terms of keeping their highly sensitive data in their private data center and gaining innovation through running some workload on the public cloud.
Surging work from home trend is anticipated to drive the growth of the global data-as-a-service Daas market. Moreover, the rising penetration of the internet is further expected to increase the growth of the market.
Geographically, the global data-as-a-service Daas market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of them, the market in the North America region is projected to hold the largest market share by the end of 2031 on the back of the rising volume of data generated by organizations, high adoption of cloud-based strategy, and an increasing work from home trend.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Increasing Accounting and Auditing Firms to Drive the Growth of the Market
According to the Financial Reporting Council, the number of auditing firms registered with a Recognized Supervisory Board has reached 5,007 by the end of 2020 in the United Kingdom
Many accounting and auditing firms have used data-as-a-service solutions to better understand their clients' organizations through comparing the data for performing risk assessments. Hence, it is projected to boost the growth of the global data-as-a-service Daas market.
However, rising threat to data privacy, the high costs for the deployment of cloud strategies, and delay in the transfer of large volumes of data are expected to operate as key restraint to the growth of global data-as-a-service Daas market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global data-as-a-service Daas market which includes company profiling of Microsoft Corporation, Alphabet Inc., Amazon.com, Web Services, IBM Corporation, Oracle Corporation, EMC Corporation, SAP SE, Teradata Corporation, SAS Institute, Inc., Hewlett Packard Enterprise Development LP, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global data-as-a-service Daas market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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COVID-19 Impact Analysis on Big Data As A Service Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2020-2027.
The report encompasses data regarding market share and recent developments by key players.
Moreover, this market report also covers regional and country markets in detail.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the big data as a service market include IBM, Oracle, Microsoft, Google, AWS.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Big Data As A Service Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/big-data-as-a-service-market/download-sampleMarket DynamicsBig Data as a Service (BDaaS) has evolved and made itself a vital need of the fast-growing digital market with solutions aiming to bring the power of big data analytics to a broader spectrum, from a number of organizations to across several more industries.
Big data as a service accumulates, stores, process, develops and send it out into the world.
