SEARCH FINANCIAL SERVICES INFRASTRUCTURE SECURITY SCIENCE INTERVIEWS Technavio: Big Data

Sheryl_Wharff

The big data as a service market by type (data analytics-as-a-service, hadoop-as-a-service, and data-as-a-service), deployment (public cloud, hybrid cloud, and private cloud), and geography (North America, APAC, Europe, South America, and Middle East and Africa) - Forecast and Analysis 2024-2028 report has been added to Technavio's offering. The potential growth difference for the big data as a service market between 2023 and 2028 is USD 41.20 billion.

Key Driver - The growing amount of data is notably driving market growth. This growth necessitates efficient handling, prompting a rise in demand for BDaaS solutions. Notably, this growth aligns with the core elements of data warehousing, data management, data processing, data analytics, and data storage. The synergy between cloud computing, Hadoop, and machine learning further enhances BDaaS capabilities, emphasizing robust data security measures. The market, therefore, is driven by the imperative need to effectively manage, analyze, and secure colossal data sets.

Read more here: https://outlookseries.com/A0769/Science/3484_Technavio_Big_Data_Service_Market_Growth.htm