Big Data as a Service (BDaaS) Market Size to Reach USD 61.42 Billion by 2026 at a CAGR 36.9% | Valuates Reports

Ad blocking detected

Thank you for visiting We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Big Data as a Service (BDaaS) Market Size to Reach USD 61.42 Billion by 2026 at a CAGR 36.9% | Valuates Reports

PR Newswire

BANGALORE, India, Feb. 26, 2021 /PRNewswire/ -- Big Data as a Service Market is Segmented by Solution Type (Hadoop as a Service, Data as a Service and Data Analytics as a Service), by Deployment Model (Public Cloud, Private Cloud, and Hybrid Cloud), By Industry Vertical (BFSI, Retail and E-Commerce, IT & Telecom, Healthcare, Government, Manufacturing, and Others), by Organization Type (Small & Medium Enterprises and Large Enterprises), Opportunity Analysis and Industry Forecast, 2019 – 2026. This report is published on Valuates Reports in the Big Data Category.

Valuates Reports

The global big data as a service market was valued at USD 4.99 Billion in 2018, and is projected to reach USD 61.42 Billion by 2026, registering a CAGR of 36.9% from 2019 to 2026.

Major Factors Driving the BDaaS Market Size are:

  • Growing demand in industries to gain actionable insights
  • Increasing organizational data across industries due to digitalization
  • Automation of business processes

Inquire for Sample:


The massive growth of big data across the globe is expected to drive the growth of big data as a service market size. Owing to the emergence of social media, the Internet of Things (IoT) and multimedia, which have generated an enormous flow of data in either structured or unstructured format. The amount of data collected by organizations is continuously growing, and these data can be turned into meaningful insights using big data analysis.

Huge investment in IT sectors by businesses is expected to fuel the growth of big data as a service market size. The growing adoption of advanced and emerging technologies such as artificial intelligence (AI), robotics, the Internet of Things (IoT), and machine learning is steadily catalyzing change through industries such as manufacturing, transport, healthcare, retail, and others. In addition, many companies are investing heavily in both the IT sector and new technologies, which are expected to provide lucrative opportunities for the big data as a service market. It is anticipated that the introduction of these technologies would produce large quantities of data, which can help gain business insights from this information.

The growing adoption of Data-Driven Decision Making (DDDM) has enabled organizations to make informed decisions. Data-driven decision-making provides several advantages over traditional technologies, such as association mining and clustering datasets. In addition, it provides improved capacity to scale changes as well as versatility in the scenario of change modeling. This, in turn, is expected to propel the growth of Big Data as a service market size.

During the Covid-19 pandemic outbreak, the growth of Big Data as a service sector is expected to continue. Operations in the IT industry are typically carried out in the structure of 'working from home.' Therefore, the adoption of big data as a service is typically performed in its application sectors such as BFSI, e-commerce, it & telecom, healthcare, and government. On the other hand, demand for big data as a service from manufacturing and retail sectors has decreased due to lockdown.

View Full Report: 


BFSI segment is dominating the Big Data as a Service market share and is expected to garner the highest revenue during the forecast period with USD 15.31 Billion in revenue in 2026. This growth can be attributed to advantages offered by Big data as a service, including improved customer satisfaction, including benefits such as fraud detection, risk management, and customized solutions. 

The data analytics-as-a-service segment held the largest big data as a service market share in 2018 and is expected to continue its dominance during the forecast period. Data Analytics-as-a-Service is considered a low-cost alternative for small and medium-sized enterprises. Increased adoption of cloud-based services in small and medium-sized enterprises is expected to fuel the growth of big data as a service market size.

The public cloud segment dominated the big data as a service market share in 2018. Since the initial investment needed for implementation is very small, and there is no obligation to maintain the infrastructure that further drives the growth of the sector. However, in the coming years, the hybrid cloud segment is expected to see the fastest growth rate.

By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • Rest of Asia-Pacific
    • Latin America
    • Middle East
    • Africa

Inquire for Regional Data: 


By Solution Type

By Deployment Model

By Organization Size

  • Small & Medium Enterprises
  • Large Enterprises.

By Industry Vertical

  • BFSI
  • Retail and E-Commerce
  • IT & Telecom
  • Healthcare
  • Government
  • Manufacturing
  • Others.

Key Market Players Profiled in the Report

  • Amazon Web Services, Inc.
  • Hewlett Packard Enterprise (HP)
  • IBM Corporation
  • Microsoft Corporation
  • Oracle Corporation
  • SAP SE
  • SAS Institute Inc.
  • Teradata Corporation
  • Google, Inc.
  • Accenture.

Buy Now for Single User: 

Buy Now for Enterprise User: 


We have introduced a tailor-made subscription for our customers. Please leave a note in the Comment Section to know about our subscription plans.


Hadoop-as-a-service Market size was valued at USD 5,279.00 Million in 2018 and is projected to reach USD 74,097.00 Million by 2026, growing at a CAGR of 39.2% from 2019 to 2026. North America dominated the market in 2018 and is projected to continue this trend during the Hadoop-as-a-service market forecast period. The growth of the region is attributed to the presence of key market players, such as Microsoft Corporation, IBM Corporation, and Amazon Web Services.

Private Cloud Services Market was valued at USD 3,703 Million in 2016 and is estimated to reach USD 14,111 Million by 2023, growing at a CAGR of 21.1% from 2017 to 2023.

Public Cloud Service Market is Segmented by Type Infrastructure as a Service, Cloud bursting, Multi Tenant Computing, Resource pooling, Platform as a Service, Software as a Service, by Application Government, Private Organizations, Academics and Education, BFSI, Healthcare, Supply Chain Management and by various regions.

Hybrid Cloud Services Market is Segmented by Type Cloud Integration, Consulting, Cloud Management, Cloud Security, Networking, by Application Government and Public Sector, Healthcare and Life Sciences, BFSI, Consumer Goods and Retail, Telecommunication and Information Technology, Media and Entertainment, Others and by various regions.

Hadoop And Big Data Analysis Market is Segmented by Type Hadoop Packaged Software, Hadoop Application Software, Hadoop Management Software, Hadoop Performance Monitoring Software, by Application Finance, Telecommunication, Healthcare, Transportation, Information Technology, Gaming, Public Organizations, Weather Forecasters and by various regions.

Cloud-based Big Data Market is Segmented by Type Private Clouds, Public Clouds, by Application Finance, Marketing and Sales, Human Resources, Operations, Others and by various regions.

Big Data and Business Analytics Market size was valued at USD 193.14 Billion in 2019, and is projected to reach USD 420.98 Billion by 2027, growing at a CAGR of 10.9% from 2020 to 2027.

-  The Europe Big Data and Business Analytics Market size was valued at USD 44.21 Billion in 2018 and is projected to reach USD 105.82 Billion by 2027, growing at a CAGR of 11.5% from 2020 to 2027.

Big Data Analytics in Healthcare Market size is projected to reach USD 18600 Million by 2026, from USD 9242.7 Million in 2020, at a CAGR of 12.4% during 2021-2026.

Click Here To See Related Reports On Big Data as a Service Market


Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.



Valuates Reports
[email protected]
For U.S. Toll-Free Call  1-(315)-215-3225
For IST Call  +91-8040957137
WhatsApp : +91 9945648335
Twitter - 
Linkedin - 
Facebook - 


Cision View original content:

SOURCE Valuates Reports

Copyright CNW Group 2021

Comment On!

Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to (via Easy Blurb).