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    Big Data as a Service Market

    ID: MRFR/ICT/0702-HCR
    110 Pages
    Aarti Dhapte
    October 2025

    Big Data as a Service Market Research Report Information By Solution (Hadoop As-A-Service, Data As-A-Service, and Data Analytics As-A-Service), By Deployment (Public Cloud, Private Cloud, and Hybrid Cloud), By Industry (BFSI, Manufacturing, Retail, Media & Entertainment, Healthcare, IT & Telecom, Government, And Others), and By Region (Asia-Pacific, North America, Europe, and Rest of the World) - Forecast till 2035

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    Summary Table of Contents Segmentation Download PDF

    Big Data as a Service Market Summary

    The Global Big Data as a Service Market is projected to grow from 17.3 USD Billion in 2024 to 228.2 USD Billion by 2035.

    Key Market Trends & Highlights

    Big Data as a Service Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate of 26.41 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 228.2 USD Billion, indicating robust growth potential.
    • In 2024, the market is valued at 17.3 USD Billion, reflecting the increasing demand for big data solutions.
    • Growing adoption of cloud computing due to the need for scalable data storage is a major market driver.

    Market Size & Forecast

    2024 Market Size 17.3 (USD Billion)
    2035 Market Size 228.2 (USD Billion)
    CAGR (2025-2035) 26.41%

    Major Players

    Amazon Web Services, Inc., Hewlett Packard Enterprise, IBM Corporation, Century Link, Inc., Microsoft Corporation, Oracle Corporation, SAP SE, ZeroStack, Inc., Wipro Limited, Snowflake Inc., SAS Institute Inc., Information Builders Inc., Alteryx Ltd., Opera Solutions LLC, Guavus Inc.

    Big Data as a Service Market Trends

    Increasing usage of social platforms boosts market growth globally.

    The market is driven by the development of social media platforms, the expansion of e-commerce globally, and the rate at which 5G is being deployed. The main driver of the market growth is the rising demand for big data as a service among social media platforms, including Facebook, Twitter, LinkedIn, Instagram, YouTube, Snapchat, and others. This usage is increasing gradually day by day.

    At present, 4.48 billion people use social media worldwide, a growth of more than 12.5% per year on average. These users account for 56.8% of the world’s total population. As per the report from Global Web Index, the average number of social media accounts per person is 8.4 worldwide, up 75% from 4.8 in 2014. As per the countries covered in the report, internet users in the 16 to 64 age category show Japan had the lowest average number of social network accounts at 3.8, and India had the highest with 11.5 per person.

    This increment in usage creates a lot of massive data which needs to be managed by companies that can give real-time analysis to app owners about their data usage in value and volume terms.

    Big Data as a Service Market Segment Insight

    The Global Big Data as a Service Market is poised for substantial growth, driven by increasing demand for data-driven decision-making and the need for scalable data management solutions.

    U.S. Department of Commerce

    Big Data as a Service Market Drivers

    Increasing Data Volume

    The Global Big Data as a Service Market Industry is experiencing substantial growth due to the exponential increase in data generation across various sectors. In 2024, the market is projected to reach 17.3 USD Billion, driven by the need for organizations to manage and analyze vast amounts of data. Industries such as healthcare, finance, and retail are generating terabytes of data daily, necessitating robust data management solutions. This trend indicates a growing reliance on Big Data as a Service to facilitate data storage, processing, and analytics, thereby enhancing decision-making processes and operational efficiency.

    Market Segment Insights

    Big Data as a Service by Vertical Type Insights

    Based on vertical type, the Big Data as a Service Market segmentation includes BFSI, Manufacturing, Retail, Media & Entertainment, Healthcare, IT & Telecom, and Government. The BFSI segment accounted for the highest share market share of 34.2% in 2022 and is expected to remain dominant throughout the forecast period. Due to increased regulatory scrutiny and increased client satisfaction, including features like fraud detection, risk management, and customized solutions, this sector is also expected to contribute to the market's growth in the future.

    Additionally, Big Data as a Service aids in addressing problems like fraud, a significant worry in the banking sector.    

    Its expansion can be attributed to improved customer satisfaction and increasing regulatory scrutiny, including fraud detection, risk management, and customized solutions. Big Data as a Service aids in addressing problems such as fraud, a significant worry in the banking sector. As a result, the BFSI industry is seeing increased demand for BDaaS products and services. Fraud detection and risk management solutions are frequently used to keep customers' confidence, boost their credibility, and increase sales. These factors drive the expansion of the Big Data as a Service (BDaaS) market in the BFSI sector.      

    Figure 3: Big Data as a Service Market, by Vertical Type, 2022 & 2030 (USD Billion)

    Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

    February 2023

    February 2023 - Civo, a cloud native service provide, has unveiled "Kubeflow as a Service," a new machine learning managed service, to enhance the developer experience and lower the resources and time needed to extract insights from ML algorithms.  

    February 2023 - Microsoft plans to open a new region for its cloud data centers in the Kingdom of Saudi Arabia (KSA). The business claimed it is putting money into Saudi Arabia's infrastructure "in response to increased customer demand from global enterprises, local businesses, and civilian public sector institutions for cloud services and data residency."     

    Big Data as a Service by Deployment Insights

    Based on deployment type, the Big Data as a Service Market segmentation includes public, private, and hybrid clouds. The public cloud accounted for the highest share market share of 47.43% in 2022 and is expected to remain dominant throughout the forecast period. Also, the public cloud provides many advantages like elasticity and agility, which aid firms in scaling up or down their IT capabilities. The public cloud also offers many benefits, such as elasticity and agility, that let businesses scale up or down their IT capabilities. 

    The second-highest deployment is anticipated to be the hybrid cloud section. Due to the merger's initial investment required for deployment and the lack of infrastructure management duties, the industry is further encouraged to flourish. Yet, in the subsequent years, the hybrid cloud segment is anticipated to grow the fastest.    

    Microsoft Azure, for instance, provides hybrid cloud solutions with networking, apps, security, and administration tools. With rapid hybrid connectivity using Azure ExpressRoute at bandwidths up to 100 Gbps, networking aids in lowering latency. Additionally, it uses Azure Sentinel's integrated Artificial Intelligence to enhance security operations and automation. 

    Big Data as a Solution Insights

    Based on solution type, the Big Data as a Service Market segmentation includes Hadoop as-a-service, data-as-a-service, and data analytics-as-a-service. The BFSI segment accounted for the highest share market share of 40.2% in 2022 and is expected to remain dominant throughout the forecast period. In distributed computing environments, users may store and analyze vast amounts of data thanks to the open-source Hadoop framework. It also does away with consumers' need to set up extra infrastructure on their properties. The open-source Hadoop framework enables users to store and analyze massive volumes of data in distributed computing settings.

    Additionally, it removes the need for the user to expand their infrastructure on-site. During the projected period, these benefits are anticipated to promote adoption and support revenue growth in this category.     

    Moreover, data analytics-as-a-service is also estimated to become the second-largest category in the forecast period from 2023 to 2030. Data Analytics as-a-service is a service delivery method that employs web-based technology and analytics software to evaluate data. Moreover, DAaaS is regarded as a low-cost substitute for small and medium-sized organizations. Many businesses are turning to cloud-based services to cut the cost of developing, maintaining, and securing applications. Early adoption of cloud-based deployment services also impacts how organizations use big data analysis services to reorganize corporate departments and strategies.      

    Data analytics-as-a-service is also a reasonably priced option for small and medium-sized organizations. Growing numbers of these businesses using the services are anticipated to fuel this segment's revenue growth over the projection period.    

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    Regional Insights

    This market has been segmented by region into North America, Europe, Asia-Pacific, and the Rest of the World. Asia-Pacific accounted for the highest share market share of 36.4% in 2022 and is expected to remain dominant throughout the forecast period.   

    Figure 4: BIG DATA AS A SERVICE MARKET SHARE BY REGION 2022 (%)

    BIG DATA AS A SERVICE MARKET SHARE BY REGION

    Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

    In this region, many startups and well-established companies use big data to diversify their business solutions, which drives the market's expansion. Furthermore, in this area, e-commerce is expanding. Numerous nations' governments are concentrating on developing new projects that could accelerate market growth. Moreover, regional discrete manufacturing, professional services, finance, and federal or central government sectors are also adopting big data as a service faster in this region, driving growth.

    Key Players and Competitive Insights

    To adapt to data analytics, machine learning, and artificial intelligence, the big data services that support business development are essential. Also, many companies are making significant investments in the IT industry and these developing technologies, which are anticipated to open up the attractive potential for the big data as a service market. 

    Major players in the big data-as-a-service market, including Amazon Web Services, Inc., Hewlett Packard Enterprise, IBM Corporation, Century Link, Inc., Microsoft Corporation, and others, are focusing on developing their business strategies.  

    Key Companies in the Big Data as a Service Market market include

    Industry Developments

    • Q2 2024: Databricks acquires Tabular to expand data lakehouse capabilities Databricks announced the acquisition of Tabular, a startup focused on open table formats for big data, to enhance its data lakehouse platform and strengthen its position in the Big Data as a Service market.
    • Q2 2024: Snowflake announces partnership with NVIDIA to bring advanced AI to data cloud Snowflake revealed a strategic partnership with NVIDIA to integrate NVIDIA's AI technology into its data cloud platform, enabling customers to run advanced AI workloads on their big data as a service infrastructure.
    • Q2 2024: Google Cloud launches BigLake, a unified data lake storage engine Google Cloud introduced BigLake, a new storage engine designed to unify data lakes and warehouses, providing enterprises with enhanced big data analytics capabilities as a managed service.
    • Q3 2024: Microsoft launches Fabric, an end-to-end analytics SaaS platform Microsoft announced the general availability of Fabric, a new software-as-a-service platform that integrates data engineering, data warehousing, and real-time analytics, targeting the Big Data as a Service market.
    • Q2 2024: AWS unveils Amazon DataZone for enterprise data governance Amazon Web Services launched Amazon DataZone, a new service to help enterprises catalog, discover, and govern their big data assets across AWS, supporting compliance and secure data sharing.
    • Q1 2024: Cloudera appoints Charles Sansbury as new CEO Cloudera, a major player in the Big Data as a Service sector, announced the appointment of Charles Sansbury as its new Chief Executive Officer, signaling a renewed focus on cloud-based data services.
    • Q2 2024: Oracle launches MySQL HeatWave Lakehouse for big data analytics Oracle introduced MySQL HeatWave Lakehouse, a new service that enables customers to run analytics on large volumes of data stored in object storage, expanding its Big Data as a Service offerings.
    • Q3 2024: Starburst raises $100M Series D to accelerate data lake analytics Starburst, a company specializing in big data analytics as a service, secured $100 million in Series D funding to expand its platform and accelerate product development.
    • Q2 2024: IBM and SAP expand partnership to deliver AI-driven data services IBM and SAP announced an expanded partnership to deliver AI-powered big data services on the cloud, aiming to help enterprises accelerate digital transformation and data-driven decision making.
    • Q1 2024: Palantir wins $178M US Army contract for data analytics platform Palantir Technologies secured a $178 million contract with the US Army to provide its big data analytics platform as a managed service, supporting military data integration and analysis.
    • Q2 2024: Google Cloud and SAP announce expanded partnership for data cloud services Google Cloud and SAP revealed an expanded partnership to deliver integrated big data and analytics services, enabling customers to run SAP data workloads on Google’s cloud infrastructure.
    • Q3 2024: Snowflake acquires Securonix to boost data security in cloud analytics Snowflake announced the acquisition of Securonix, a cybersecurity firm, to enhance its data security capabilities for customers using its Big Data as a Service platform.

    Future Outlook

    Big Data as a Service Market Future Outlook

    The Big Data as a Service Market is projected to grow at a 26.41% CAGR from 2024 to 2035, driven by increasing data volumes, demand for analytics, and cloud adoption.

    New opportunities lie in:

    • Develop AI-driven analytics tools to enhance data processing efficiency.
    • Create industry-specific solutions targeting healthcare and finance sectors.
    • Leverage partnerships with cloud providers to expand service offerings globally.

    By 2035, the Big Data as a Service Market is expected to be a pivotal component of data-driven decision-making.

    Market Segmentation

    Big Data as a Service Regional Outlook

    • US
    • Canada
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
    • Middle East
    • Africa
    • Latin America

    Big Data as a Service Solution Outlook

    • Hadoop-as-a-service
    • Data-as-a-service
    • Data Analytics as-a-service

    Big Data as a Service Vertical Outlook

    • BFSI
    • Retail
    • Manufacturing
    • Media & Entertainment
    • Healthcare
    • IT & Telecom
    • Government
    • Others

    Big Data as a Service Deployment Outlook

    • Public Cloud
    • Private Cloud
    • Hybrid Cloud

    Report Scope

    Big Data as a Service Report Scope

    Attribute/Metric Details
    Market Size 2022 USD 11.4 Billion
    Market Size 2023 USD 15.2 Billion
    Market Size 2030 USD 80.5 Billion
    Compound Annual Growth Rate (CAGR) 23.17% (2022-2030)
    Base Year 2023
    Forecast Period 2024-2032
    Historical Data 2019 to 2022
    Forecast Units Value (USD Billion)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Segments Covered Vertical Type, Deployment Type, Solution Type, and Region
    Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
    Countries Covered The U.S, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled Amazon Web Services, Inc., Hewlett Packard Enterprise, IBM Corporation, Century Link, Inc., Microsoft Corporation, Oracle Corporation, SAP SE
    Key Market Opportunities Big Data promotes better product designs by utilizing technologies at lower costs and with less hardware.  
    Key Market Dynamics Streamlining the flow of data and analysis in organizations Using social media platforms, increasing integration of cloud-based data analytics solutions Increasing deployment of new technologies Growing digitization of records by governments and hospitals

    Market Highlights

    Author
    Aarti Dhapte
    Team Lead - Research

    She holds an experience of about 6+ years in Market Research and Business Consulting, working under the spectrum of Information Communication Technology, Telecommunications and Semiconductor domains. Aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. Her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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    FAQs

    How much is the Big Data as a Service market?

    The Big Data as a Service market was USD 11.4 Billion in 2022.

    What is the market size for 2030 for the Big Data as a Service Market?

    The global analytics market is expected to be USD 80.5 Billion in 2030.

    What is the growth rate of the Big Data as a Service market?

    Th growth rate for the Big Data as a Service market is 26.89% through the forecast period.

    Which region held the largest market share in the Big Data as a Service market?

    At present, the Asia-Pacific region holds the largest market share.

    Who are the prominent players in the Big Data as a Service market?

    The major players dominating the market are Amazon Web Services, Inc., Hewlett Packard Enterprise, IBM Corporation, Century Link, Inc., Microsoft Corporation, Oracle Corporation, SAP SE, and others.

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