Data-as-a-Service Market Size 2022: Share, Price Trends and Industry Analysis and Forecast 2027 | Syndicated Analytics

Posted on 23 November, 2022 by peterperker

“Global Data-as-a-Service Market: Industry Analysis, Share, Trends, Application Analysis, Growth and Forecast, 2022-2027” provides a deep and thorough evaluation of the global Data-as-a-Service market based on its segments including type, end use and region. The report tracks the latest industry trends and analyses their overall impact on the market. It also evaluates the market dynamics, which cover the key demand and price indicators, and studies the market on the basis of the SWOT and Porter’s Five Forces models.

Report Metrics

Historical Year: 2016-2021
Base Year: 2021
Forecast Year: 2022-2027

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Data-as-a-service (DaaS) represents the data management strategy that uses a cloud-based computing service to deliver data storage, integration, processing, and analytics via a network connection. It assists the organizations in risk management, forecasting event outcomes, consumer-targeted marketing, enhancing productivity, improving operational efficiency, etc. Data-as-a-service is generally operated by a team of data scientists and relies on the internet or cloud storage to provide uninterrupted data access. It minimizes the efforts required to manually process data through a platform or an analytics program. Consequently, DaaS finds extensive applications in various industries, such as retail, healthcare, media and entertainment, manufacturing, etc.

Note: Our analysts are continuously monitoring the influence of the COVID-19 pandemic on the market. This insightful information is included in the report to improve the efficiency, resilience and overall performance of businesses.

Global Data-as-a-Service Market Trends and Drivers:

The growing utilization of the Internet of Things (IoT) across several sectors is primarily driving the data-as-a-service market. Additionally, the increasing prevalence of chronic diseases, the inflating popularity of modern healthcare services, and the rising focus on personalized health management are propelling the demand for DaaS to facilitate immediate action and preventive measures during an emergency, which is further catalyzing the market growth. Besides this, the widespread adoption of data-as-a-service solutions that aid organizations in reducing their upfront data storage, management, infrastructure costs, etc., is acting as another significant growth-inducing factor. Moreover, the escalating need for remote working models to maintain business continuity, on account of the sudden outbreak of the COVID-19 pandemic, is also positively influencing the global market. Apart from this, the elevating investments in R&D activities aimed at introducing services with enhanced security features are projected to fuel the data-as-a-service market in the coming years.

Browse complete report with tables of contents and list of figures & tables: 
https://www.syndicatedanalytics.com/data-as-a-service-market

Data-as-a-Service Market Segmentation:

The market is segmented in on the basis of type, end use and region.

• Type
• End use
• Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape:

The report also provides insights on the competitive landscape of the global Data-as-a-Service market industry with the leading players profiled in the report. 

Read Also: Cloud-based Virtual Learning Platform Market

About us: Syndicated Analytics is a market research firm that offers consulting services and provides comprehensive market intelligence in the form of research reports. Our team, consisting of experienced researchers and analysts from diverse industries, is deeply committed to the quality of the information and insights delivered to the clients which range from small and medium enterprises to Fortune 1000 companies. They are able to achieve this by studying the qualitative and quantitative aspects of the market as well as staying up to date with the current and the evolving trends of the industry. Our set of syndicated as well as customized market reports thus help the clients to gain a better view of their competitive landscape, overcome various industry-related challenges and formulate revenue generating business strategies.

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