The Europe Big data as a service market was valued at $XX billion in 2018 and is projected to reach $XX billion by 2027 at a CAGR of 15.12% from 2019 to 2027. One of the foremost advantages of Big Data-as-a-Service solutions is that it does not involve upfront investments in developing an in-house Big Data solution such as a Hadoop cluster.
The Europe Big data as a service market is geographically segmented into the United Kingdom, Germany, France, Spain, Italy, Russia, and the remaining countries collectively forming the Rest of Europe regional segment.
The market in France is expected to be the fastest growing one by the end of the forecasting years. The demand for big data and analytics is proliferating in the country, which is making it a potential market for BDaaS in the future. This is also attracting many major vendors of the market to expand their business in the country.
Hewlett Packard Enterprise Company, SAP SE, Oracle Corporation, SAS Institute, Information Builders Inc., Google LLC, Wipro Ltd., Guavus Inc. (acquired by Thales), Amazon Web Service, Inc., Alteryx Ltd., International Business Machines Corporation, Opera Solutions, Microsoft Corporation, Accenture, and MAPR Technologies are the major companies which have been exhaustively profiled in the report.