The Asia-Pacific Data as a Service (DaaS) Market: A Comprehensive Analysis
According to recent study by MarkNtel Advisors the Asia-Pacific Data as a Service (DaaS) Market is projected to witness a compound annual growth rate (CAGR) of around 22% between 2024-2030. Various factors, including market trends, size, forecasts, growth factors, challenges, and competitor assessments drive this growth.
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Asia-Pacific Data as a Service (DaaS) Market Segmentation Analysis: 2024-2030
The Asia-Pacific Data as a Service (DaaS) Market is segmented into:
By Deployment
- Public Cloud – Market Size & Forecast 2019-2030, USD Million
- Private Cloud – Market Size & Forecast 2019-2030, USD Million
- Hybrid & Multi Cloud – Market Size & Forecast 2019-2030, USD Million
By Organization Size
- Large Enterprises- Market Size & Forecast 2019-2030, USD Million
- Small & medium Enterprises- Market Size & Forecast 2019-2030, USD Million
By End User
- BFSI – Market Size & Forecast 2019-2030, USD Million
- Healthcare – Market Size & Forecast 2019-2030, USD Million
- Retail – Market Size & Forecast 2019-2030, USD Million
- IT & Telecom – Market Size & Forecast 2019-2030, USD Million
- Government – Market Size & Forecast 2019-2030, USD Million
- Others (Media & Entertainment, Industrial, etc.) – Market Size & Forecast 2019-2030, USD Million
and each segment is further divided into subdivisions, providing a detailed breakdown of the market dynamics.
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Asia-Pacific Data as a Service (DaaS) Market Trend:
Increasing Adoption of Data Analytics Solutions in Auditing & Accounting Firms – Auditing & accounting firms have a vast data pool, ranging from financial information to internal decision-making reports. Based on the research by the Franklin Institute, accounting firms generate around 2.5 quintillion bytes of data. As a result, these organizations require advanced data analytics solutions to ascertain business development & generate insights from the gathered data. According to the survey by Sage, a software vendor, around 44% of accounting firms use advanced predictive analysis. Moreover, the datasets within the accounting & auditing firms are relatively large, therefore there is a consistent need for solutions that offer high computing power & storage solutions to the auditing firm, augmenting the Asia-Pacific Data as a Service (DaaS) market.
Geographical Coverage of the Asia-Pacific Data as a Service (DaaS) Market
- China
- India
- Japan
- South Korea
- Singapore
- Rest of Asia-Pacific
India has captured a significant market share in the Asia-Pacific Data as a Service (DaaS) Market.
Top Leading Key Players of Asia-Pacific Data as a Service (DaaS) Market
- Technology Providers
- Microsoft Corporation
- Amazon Web Services
- IBM Corporation
- Oracle Corporation
- Alibaba Group Holding Limited
- SAP SE
- Teradata Corporation
- SAS Institute, Inc.
- Huawei Technologies Co., Ltd.
- Bloomberg Finance L.P
- IQVIA
- TIBCO Software
- Key Data Aggregators
- Thomson Reuters Corporation
- Morningstar, Inc.
- Equifax, Inc.
- Moody’s Investors Service, Inc.
- MasterCard Advisors LLC
- Dow Jones & Company, Inc.
- Hitachi Vantara
- Information Builders
- NetApp, Inc.
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Common Queries
- What is the current trajectory of cost and profit estimations in the Asia-Pacific DaaS Industry?
- How do factors like supply and consumption shape the landscape of the industry?
- In what ways do import and export considerations impact the dynamics of the Asia-Pacific Data as a Service Industry?
- Which technological advancements are anticipated to shape the future of the Asia-Pacific Data as a Service Market?
- Who are the noteworthy players highlighted in the Asia-Pacific Data as a Service Market research report?
- What are the anticipated USD valuations and the CAGR for the forecasted years?
Who we Are?
MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, Saudi Arabia, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
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