Data as a Service Market is estimated to grow at a CAGR of 5.2% through the forecast period 2021 to 2027
SUMMERY:
Market Research Future published a research report on “Data as a Service
Market Research Report- Global Forecast 2027” – Market Analysis, Scope, Stake,
Progress, Trends and Forecast to 2027.
Market
Highlights:
Data as a service
is crudely summarized as collection, integration, curation, contextualization,
enrichment, aggregation and analysis of multi-structured data. The companies
providing DaaS services focus entirely on collating and compiling the necessary
data into relevant streams. This helps the user to access the streams whenever
required, eliminating the need for in-house commitment to data and allowing
businesses to perform with greater agility since they can effortlessly get the
exact data they need.
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Key
players
The prominent
players in the market of data as a service are - Microsoft Corporation (U.S.),
IBM Corporation (U.S.), Facebook, Inc. (U.S.), Fair Isaac Corporation (U.S.),
Alibaba Group Holding Limited (China), Google Inc. (U.S.), Oracle Corporation
(U.S.), Bloomberg Finance L.P. (U.S.), Salesforce.com, Inc. (U.S.), LinkedIn
Corporation (U.S.), Mastercard Advisors LLC (U.S.), and LexisNexis Corporation
(U.S.).Other players in the market include comScore, Inc. (U.S.), Dow Jones
& Company, Inc. (U.S.), Equifax, Inc. (Canada), Experian plc (Ireland),
Acxiom Corporation (U.S.), FirstRain, Inc. (U.S.), Twitter, Inc. (U.S.),
Verizon Communications, Inc. (U.S.), SAS Institute Inc. (U.S.), and EMC
Corporation (U.S.).
Regional
Analysis
The global market
for data as a service is estimated to grow at a significant rate during the
forecast period 2018 – 2023. The geographical analysis of data as a service market
is covered for the regions such as North America, Europe, Asia Pacific,
and rest of the world. Due to technological advancements in North America, the
region is expected to lead the market during the forecast period. Also, owing
to the developed and well-established economies, the companies in North America
are majorly investing in research and development activities.
U.S. based company
Salesforce has acquired application network platform MuleSoft as part of the
company's effort to expand its ecosystem into cross-platform application
management. The Salesforce Integration Cloud is a unified platform useful for
small businesses to maintain multiple cloud systems and apps through different
portals as they scale their businesses to various geographies.
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Report @ https://www.marketresearchfuture.com/reports/data-as-a-service-daas-market-6057
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