Dublin, Aug. 20, 2025 (GLOBE NEWSWIRE) -- The "Big Data as a Service Market - Forecasts from 2025 to 2030" has been added to ResearchAndMarkets.com's offering.
The Big Data as a Service (BDaaS) market is projected to expand from USD 24.875 billion in 2025 to USD 76.881 billion by 2030, growing at a CAGR of 25.32%. BDaaS offers a cloud-based solution for managing extensive datasets, enabling organizations to derive actionable insights, streamline operations, and enhance competitiveness. It supports data warehousing and seamless data ingestion, catering to various sectors like IT, telecommunications, and banking. This market is on a robust growth trajectory, driven by its efficiency in handling vast data volumes.
Market Growth Drivers
Surge in Data Volume and Cloud Adoption
The increasing data proliferation, particularly in IT, telecommunications, and BFSI, is escalating the demand for BDaaS. Cloud technology's advantages in managing large datasets are steering organizations towards significant cloud infrastructure investments. In November 2022, Google enhanced its Google Drive workspace storage from 15GB to 1TB, illustrating the growing dependency on cloud storage. Market participants are heavily investing in R&D to optimize cloud infrastructure, promoting innovation, scalability, and efficiency.
Advancements in Data Analytics and Emerging Technologies
Data analytics is crucial for understanding consumer behavior, allowing for tailored marketing strategies and increased sales. Retailers utilize customer data to refine marketing efforts. Integrating AI, ML, and IoT further enhances BDaaS capabilities, reducing operational complexities and providing flexibility to meet strategic goals. Despite these advancements, the initial infrastructure setup and expertise requirements for BDaaS pose challenges for some enterprises.
Market Restraints
Cybersecurity Risks
The transition to cloud-based data storage introduces cybersecurity challenges. The increased risk of cyberattacks and breaches necessitates robust security measures from BDaaS providers, like two-factor authentication and encryption, to protect data integrity. Addressing these security concerns is vital for securing trust in cloud-based solutions and sustaining market growth.
Geographical Outlook
North America's Dominance
North America is poised to dominate the BDaaS market, with rapid tech advancements and widespread cloud computing adoption across industries. AI integration propels market growth, facilitating advanced analytics and automation. Regional market players are investing in projects and product launches to harness these trends. Enterprises will likely prioritize cloud solutions, investing in networks, cybersecurity, and infrastructure-as-a-service to support digital transformation.
Key Benefits of this Report:
- Insightful Analysis: Covers major and emerging regions, focusing on segments, policies, consumer preferences, and industries.
- Competitive Landscape: Understand global strategic maneuvers for market penetration with optimal strategies.
- Market Drivers & Future Trends: Explore dynamic factors shaping future market developments.
- Actionable Recommendations: Exercise strategic decisions for new business streams and revenues.
- Caters to a Wide Audience: Ideal for startups, research institutions, consultants, SMEs, and large enterprises.
Report Coverage:
- Historical data from 2022 to 2024 & forecast data from 2025 to 2030
- Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, and Trend Analysis
- Competitive Positioning, Strategies, and Market Share Analysis
- Revenue Growth and Forecast Assessment of segments and regions including countries
- Company Profiling (Strategies, Products, Financial Information, and Key Developments among others).
Report Segmentation
By Deployment
- Private
- Public
- Hybrid
By End-user
- BFSI
- IT & Telecommunication
- Healthcare
- Manufacturing
- Others
By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- United Kingdom
- Spain
- France
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Others
- Asia Pacific
- China
- Japan
- South Korea
- India
- Thailand
- Taiwan
- Others
Companies Featured
- Lumen Technologies, Inc.
- Wipro Limited
- Amazon Web Services, Inc.
- Microsoft
- Snowflake Inc.
- Hewlett Packard Enterprise Development L.P.
- Innovative Routines International (IRI), Inc.
- Oracle Corporation
Key Attributes
| Report Attribute | Details |
| No. of Pages | 149 |
| Forecast Period | 2025-2030 |
| Estimated Market Value (USD) in 2025 | $24.88 Billion |
| Forecasted Market Value (USD) by 2030 | $76.88 Billion |
| Compound Annual Growth Rate | 25.3% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/mu6e7q
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