In 2022, it is anticipated that the global market for data as a service (DAAS) would be worth US$8562.44 million. Market expansion is anticipated to be fueled by developing nations’ growing use of cloud services. The global demand for Data As A Service (DAAS) is anticipated to reach around 68,724.9 million by 2032, growing at a CAGR of 23.2% between 2022 and 2032.
DaaS eliminates redundancy and streamlines operational costs by integrating critical data of business at a particular location, thus enabling multiple users to use and modify the data, through a single update point.
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The DaaS technology is used in business for applications including Customer Resource Management (CRM), e-commerce, supply chain management systems, customer intelligence, and Enterprise Resource Planning (ERP).
Market Overview:
Data as a Service is emerging as fundamental technologies that upkeep web services and SOA (service-oriented architecture) mature. Increasing penetration of high-speed Internet network infrastructure is enabling users to access data irrespective of its location, creating DaaS a lucrative choice for enterprises. Additionally, the advent of SOA has reduced the relevance of the specific platform which resides enterprise data to a significant extent and has in turn contributed to the development of DaaS.
DaaS is similar to Software as a Service (SaaS) and Storage as a Service (SaaS) models and can be integrated with one or both of these provision models.
Key Market Players
Key players in the global DaaS market include Microsoft Corporation, Google Inc., Amazon Web Services, HP Enterprise Services (HP Enterprise strategic business unit), IBM Corporation, Oracle Corporation, EMC Corporation, SAP SE, SAS Institute, Inc., and Teradata Corporation. Other emerging players in the DaaS market space are SunGard, Datameer Inc., Opera Solutions LLC, Sisense Inc., Birst, Inc., MapR Technologies Inc., and Mirantis Inc.
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Regional analysis for DaaS Market includes development in the following regions:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific
- Japan
- The Middle East and Africa
Data As A Service Daas Market Segmentation:
Global DaaS market is mainly classified on the basis of pricing models, deployment type, organization size, industry verticals and geography.
On the basis of pricing models, DaaS market is segmented as
- Volume-based model
- Data type-based model
- quantity-based pricing
- pay-as-per use.
On the basis of deployment type, DaaS market is segmented as
- Public cloud
- Private cloud
- Hybrid cloud
DaaS market cover following geographies:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific Excluding Japan
- Japan
- Middle East & Africa
DaaS market is segmented on the basis of its end-users as
- SMEs
- Large enterprises
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
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