Big data as a Service Market Report 2025 (Global Edition)

Global Big data as a Service Market Report 2025 Market Size Split by Component Outlook: (Solutions (Hadoop as a Service (HDaaS), Data Analytics as a Service (DAaas) and Others) Services), by Deploymen...

Big data as a Service Market Report Description

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Competitive Landscape of the Big Data as a Services Market

The Big Data as a Service (BDaaS) market is highly competitive, with key players providing cloud-based platforms that offer scalable storage, advanced analytics, and data processing services. Competition is driven by the demand for innovative solutions, such as AI-driven analytics and real-time data processing. Providers are focused on enhancing security, compliance, and user-friendly interfaces to attract a wide range of industries.

In February 2024, IBM and Wipro extended their collaboration to provide generative AI services and aid to clientele. The Enterprise AI-Ready Platform of Wipro makes use of the IBM Watsonx AI and data platform, comprising watsonx.data, watsonx.ai, AI assistants, and watsonx.governance to provide clients with a service that aids in accelerating AI adoption. (Source: https://newsroom.ibm.com/2024-02-20-Wipro-and-IBM-Expand-Partnership-to-Offer-New-AI-Services-and-Support-to-Clients) In March 2024, Oracle and Microsoft expanded their alliance to meet increasing customer requirements for Oracle Database Azure across the globe. Oracle Database Azure would be expanded to five regions, which would result in the total planned multi-cloud accessibility footprint of 15 regions globally. (Source: https://news.microsoft.com/2024/03/14/microsoft-and-oracle-expand-partnership-to-satisfy-global-demand-for-oracle-databaseazure/) In March 2024, Snowflake announced a collaboration with Mistral AI to offer powerful language models of Mistral AI to Snowflake users in the Data Cloud. Mistral AI's newest and most powerful model, Mistral Large, is accessible to customers in the Snowflake Data Cloud, which enables them to leverage generative AI with their business data securely. (Source: https://www.snowflake.com/en/news/press-releases/snowflake-partners-with-mistral-ai-to-bring-industry-leading-language-models-to-enterprises-through-snowflake-cortex/)

Top Companies Market Share in Big data as a Service Industry: (In no particular order of Rank)

• Accenture
• Amazon.com Inc.
• Kyndryl Inc.
• Dell Inc.
• Google LLC
• IBM Corporation
• Microsoft
• Oracle
• SAP SE
• Teradata
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Big Data as a Services Market

Which Region Dominates the Big Data as a Services Market in 2024?

According to Cognitive Market Research, North America currently dominates the Big Data as a Services market, and the region is expected to have significant growth during the projected period. The region's advanced infrastructure, high adoption of cloud computing, and robust demand across industries like healthcare, finance, and retail drive BDaaS growth.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR) due to rapid digital transformation, increasing internet penetration, and a surge in data generation across industries like manufacturing, healthcare and retail.

The current report Scope analyzes Big data as a Service Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Big data as a Service

According to Cognitive Market Research, the global Big Data as a Services market size was estimated at USD 28214.6 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 11285.84 million in 2024 and will grow at a compound annual growth rate (CAGR) of 18.7% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Big Data as a Services market with a market size of USD 8904.53 million in 2024 and is projected to grow at a CAGR of 18.5% during the forecast period due to the high adoption of cloud computing and data storage solutions.
• The Canada Big Data as a Services market had a market share of USD 1354.30 million in 2024 and is projected to grow at a CAGR of 19.5% during the forecast period due to the increasing need for advanced analytics.
• The Mexico Big Data as a Services market is projected to witness growth at a CAGR of 19.2% during the forecast period, with a market size of USD 1027.01 million in 2024.

Europe Big data as a Service

According to Cognitive Market Research, the global Big Data as a Services market size was estimated at USD 28214.6 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 8464.38 million in 2024 and will grow at a compound annual growth rate (CAGR) of 19.0% from 2024 to 2031.

• The United Kingdom Big Data as a Services market had a market share of USD 1422.02 million in 2024 and is projected to grow at a CAGR of 19.8% during the forecast period. In the UK, Big Data as a service sales witness an upswing due to the increasing demand for cloud-based solutions and cost-effective data storage.
• The France Big Data as a Services market is projected to witness growth at a CAGR of 18.2% during the forecast period, with a market size of USD 778.72 million in 2024.
• According to Cognitive Market Research, the German Big Data as a Services market size was valued at USD 1675.95 million in 2024 and is projected to grow at a CAGR of 19.2% during the forecast period. In Germany, Big Data as a Service surged due to the stringent regulatory frameworks.
• The Italy Big Data as a Services market is projected to witness growth at a CAGR of 18.4% during the forecast period, with a market size of USD 727.94 million in 2024.
• The Russia Big Data as a Services market is projected to witness growth at a CAGR of 18.0% during the forecast period, with a market size of USD 1311.98 million in 2024.
• The Spain Big Data as a Services market is projected to witness growth at a CAGR of 18.1% during the forecast period with a market size of USD 694.08 million in 2024
• The Luxembourg Big Data as a Services market is projected to witness growth at a CAGR of 19.1% during the forecast period, with a market size of USD 262.40 million in 2024.
• The Portugal Big Data as a Services market is projected to witness growth at a CAGR of 18.8% during the forecast period, with a market size of USD 177.75 million in 2024.
• The Greece Big Data as a Services market is projected to witness growth at a CAGR of 19.3% during the forecast period, with a market size of USD 101.57 million in 2024.
• The Rest of Europe's Big Data as a Services market is projected to witness growth at a CAGR of 17.7% during the forecast period, with a market size of USD 1311.98 million in 2024.

Asia Pacific Big data as a Service

According to Cognitive Market Research, the global Big Data as a Services market size was estimated at USD 28214.6 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 6489.36 million in 2024 and will grow at a compound annual growth rate (CAGR) of 22.5% from 2024 to 2031.

• According to Cognitive Market Research, the China Big Data as a Services market size was valued at USD 2920.21 million in 2024 and is projected to grow at a CAGR of 22.0% during the forecast period. Big Data as a Service surged in China due to the expansion of cloud computing infrastructure and data centres.
• The Japan Big Data as a Services market is projected to witness growth at a CAGR of 21.0% during the forecast period, with a market size of USD 895.53 million in 2024.
• The India Big Data as a Services market had a market share of USD 778.72 million in 2024 and is projected to grow at a CAGR of 24.3% during the forecast period due to the growing demand for real-time data analytics and insights.
• The South Korean Big Data as a Services market is projected to witness growth at a CAGR of 21.6% during the forecast period, with a market size of USD 648.94 million in 2024.
• The Australian Big Data as a Services market is projected to witness growth at a CAGR of 22.2% during the forecast period, with a market size of USD 337.45 million in 2024.
• The South East Asia Big Data as a Services market is projected to witness growth at a CAGR of 23.5% during the forecast period, with a market size of USD 447.77 million in 2024.
• The Rest of Asia Pacific Big Data as a Services market is projected to witness growth at a CAGR of 22.3% during the forecast period, with a market size of USD 460.74 million in 2024.

South America Big data as a Service

According to Cognitive Market Research, the global Big Data as a Services market size was estimated at USD 28214.6 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 1410.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 19.9% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Big Data as a Services market size was valued at USD 603.79 million in 2024 and is projected to grow at a CAGR of 20.5% during the forecast period. Big Data as a Service flourished in Brazil due to the growing need for data-driven insights.
• Argentina's Big Data as a Services market had a market share of USD 237.00 million in 2024 and is projected to grow at a CAGR of 20.8% during the forecast period due to the expanding internet infrastructure and cloud adoption.
• Colombia's Big Data as a Services market is projected to witness growth at a CAGR of 19.7% during the forecast period, with a market size of USD 125.55 million in 2024.
• Peru Big Data as a Services market is projected to witness growth at a CAGR of 20.1% during the forecast period, with a market size of USD 115.68 million in 2024.
• Chile's Big Data as a Services market is projected to witness growth at a CAGR of 20.2% during the forecast period, with a market size of USD 101.57 million in 2024.
• The Rest of Latin America's Big Data as a Services market is projected to witness growth at a CAGR of 19.0% during the forecast period, with a market size of USD 227.13 million in 2024.

Middle East Big data as a Service

According to Cognitive Market Research, the global Big Data as a Services market size was estimated at USD 28214.6 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 564.29 million in 2024 and will grow at a compound annual growth rate (CAGR) of 20.2% from 2024 to 2031..

• The GCC Countries Big Data as a Services market is projected to witness growth at a CAGR of 21.0% during the forecast period, with a market size of USD 241.52 million in 2024. Big Data as a service sales flourish due to the increased adoption of cloud-based technologies by businesses.
• The Egypt Big Data as a Services market is projected to witness growth at a CAGR of 20.5% during the forecast period, with a market size of USD 59.25 million in 2024.
• The South Africa Big Data as a Services market is projected to witness growth at a CAGR of 21.2% during the forecast period, with a market size of USD 89.16 million in 2024. Big Data as a service sales flourished in South Africa due to the growing need for data-driven decision-making and analytics.
• The Turkey Big Data as a Services market is projected to witness growth at a CAGR of 19.4% during the forecast period, with a market size of USD 48.53 million in 2024.
• The Nigeria Big Data as a Services market is projected to witness growth at a CAGR of 19.3% during the forecast period, with a market size of USD 59.25 million in 2024.
• The Rest of the MEA Big Data as a Services market is projected to witness growth at a CAGR of 19.2% during the forecast period, with a market size of USD 66.59 million in 2024.

Big data as a Service Market Analysis

How are Segments Performing in the Global Big Data as a Services Market?

Big Data as a Services Market Component Segment Analysis

According to Cognitive Market Research, Data Analytics as a Service (DAaas) are likely to dominate the Big Data as a Services Market over the forecast period by offering businesses advanced analytics tools without the need for complex infrastructure. DAaaS enables companies to leverage insights from large datasets, enhance decision-making, and improve operational efficiency, making it a core component of BDaaS solutions.

The Hadoop as a Service (HDaaS) is the fastest-growing segment in the Big Data as a Services Market due to its ability to process vast datasets efficiently and cost-effectively in a cloud environment. HDaaS provides scalable, flexible, and easy-to-deploy solutions, enabling businesses to leverage big data analytics without significant infrastructure investment.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Big data as a Service Industry. Request a Free Sample PDF!

Big Data as a Services Market Deployment Type Segment Analysis

According to Cognitive Market Research, the public cloud segment holds the largest share of the market due to its scalability, cost-effectiveness, and ease of access. Public cloud providers offer flexible, on-demand data storage and processing capabilities, allowing businesses to quickly scale up or down based on their needs without heavy upfront investments.

In the Big Data as a Services Market, the hybrid cloud sector has been expanding at a rapid pace due to its flexibility, enabling businesses to combine on-premises infrastructure with cloud services. This approach allows organizations to manage sensitive data securely while leveraging the scalability and cost-efficiency of the cloud for big data analytics.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Big data as a Service Organization Size Outlook: Segment Analysis

Big Data as a Services Market Organization Size Segment Analysis

According to Cognitive Market Research, the large enterprise segment holds the largest market share due to its vast data requirements and significant budgets for advanced analytics solutions. They leverage BDaaS to manage and analyze massive datasets, enabling data-driven decision-making, improving operational efficiency, and gaining competitive advantages across various business functions.

In the Big Data as a Services market, the rapidly growing sector is the SME category due to the cost-effectiveness and scalability of cloud-based solutions. BDaaS allows SMEs to access advanced analytics and storage capabilities without significant upfront investments, enabling data-driven decision-making and business growth.

• SMEs
• Large Enterprises

Big data as a Service End-user Outlook: Segment Analysis

Big Data as a Services Market End-user Segment Analysis

According to Cognitive Market Research, the BFSI segment dominates the market due to its need for real-time analytics, fraud detection, risk management, and customer insights. BDaaS solutions enable BFSI companies to manage large volumes of financial data efficiently and make data-driven decisions.

Manufacturing is projected to be the fastest-growing segment in the Big Data as a Services market due to the increasing adoption of IoT devices, automation, and predictive analytics. BDaaS helps manufacturers optimize operations, monitor equipment performance in real-time, improve supply chain efficiency, and enhance product quality, driving the sector's rapid growth.

• BFSI
• IT and Telecom
• Healthcare and Life Sciences
• e-Commerce and Retail
• Manufacturing
• Media and Entertainment
• Others

Author's Detail

Vinayak Bali

Senior Research Analyst at Cognitive Market Research

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Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modeling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.

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