Data as a Service (DaaS) Market: The global market is expected to grow at a CAGR of 6.2% during the forecasted period.

As per the study initiated by Evolve Business Intelligence, Data as a Service (DaaS) market size accounted for USD 5.9 Billion in 2022, growing at a CAGR of 6.2% from 2023 to 2033. Data as a Service (DaaS) refers to a cloud-based service model that provides organizations with access to various data resources over the internet. DaaS allows businesses to outsource the management and delivery of data, enabling them to focus on utilizing the data for their specific needs rather than dealing with the underlying infrastructure.

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Key Highlights:

  • Data as a Service (DaaS) Market size was valued at USD 5.9 billion in 2022 growing at a CAGR of 6.2% from 2023 to 2033.
  • North America dominated the market in 2022
  • Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033

Evolve Business Intelligence has recently released a new market research report on Data as a Service (DaaS) Market. The report covers a wide range of aspects, such as market size and forecast, market dynamics, analysis of competitors’ market share, value and volume of the market, SWOT analysis, product benchmarking, recent developments of key players, and potential opportunities. Additionally, the market has been assessed based on four indicators in the market dynamic chapter, including Drivers, Restraints, Key Trends, and Challenges.

In terms of COVID 19 impact, Data as a Service (DaaS) market report also includes the following data points:

  • COVID19 Impact on Data as a Service (DaaS) market size
  • End-User/Industry/Application Trend, and Preferences
  • Government Policies/Regulatory Framework
  • Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
  • Opportunity in Data as a Service (DaaS) market

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Key Players

Some of the major Data as a Service (DaaS) players holding high market share include Cisco Systems, Inc., Fujitsu., NetApp , and Citrix Systems, Inc. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:

  • Cisco Systems, Inc.
  • Fujitsu
  • NetApp
  • Citrix Systems, Inc.
  • NTT Communications Ltd.
  • VMware
  • Microsoft Corporation
  • IBM Corporation
  • Cloudalize
  • Amazon Web Services

 Segmental Analysis

Market Segment By Solution with focus on market share, consumption trend, and growth rate of Data as a Service (DaaS) Market:

  • Desktop-as-a-Service Solution
  • Services

 Market Segment By Enterprise Size with focus on market share, consumption trend, and growth rate of Data as a Service (DaaS) Market:

  • Small & Medium Enterprises
  • Large Enterprises

 Market Segment By end-user with focus on market share, consumption trend, and growth rate of Data as a Service (DaaS) Market:

  • BFSI
  • Media & Entertainment
  • Government
  • IT & Telecom
  • Healthcare
Parameters Details
Market Size (2022) $ 5.9 Billion
CAGR (2023 to 2033) 6.2%
Market Segmentation Solution, Size, end-user
Country Covered US, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East & Africa, and South America

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Data as a Service (DaaS) Geographic Coverage:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Nordic Countries
    • Benelux
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Indonesia
    • Malaysia
    • Australia
    • Rest of Asia Pacific
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • South Africa
    • Rest of MEA
  • Latin America
    • Mexico
    • Brazil
    • Argentina
    • Rest of Latin America

Reasons to Buy this Report:

  • Detail analysis of the impact of market drivers, restraints, and opportunities
  • Competitive Intelligence provides an understanding of the ecosystem
  • Details analysis of the Total Addressable Market (TAM) of your products
  • Investment Pockets and New Business Opportunities
  • Demand-supply gap analysis
  • Strategy Planning

About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.

Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool – EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune’s global 2000 companies.

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