Big Data as a Service Market, By Deployment (On-Premise, and Cloud (Private, Public, and Hybrid), By End User (IT and Telecommunication, Energy and Power, BFSI, Healthcare, Retail, Manufacturing, and Other End Users), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030

Market for big data as a service was valued at US$ 13.44 billion in 2020 and is projected to grow at a compound annual growth rate (CAGR) of 27.1% to reach US$ 144.21 billion by 2030.

The provision of statistical analysis tools or information by an external provider to assist organizations in comprehending and leveraging insights from massive data sets to achieve a competitive edge is known as big data as a service, or bdaas. Big data services have the power to change the competitive landscape by creating a plethora of new opportunities for value-added services and differentiation.  Software or the terms of a contract for a group of data analysts can be used to provide big data as a service. In order to help organizations better understand and gain insight from massive amounts of data, big data as a service is being conducted.