The Global Data-as-a-Service Market, according to Technavio, is expected to grow by USD 108.2 billion, at a remarkable CAGR of 46.01% between 2023 and 2028. Key factors propelling this growth include the widespread availability of data, increased adoption of big data services across various sectors, and the growing role of social media in marketing. Big data services encompass a range of offerings, from consultancy and outsourcing to project-driven engagements and training for big data implementation. These services address the mounting demand for data management and analytics, driven by the explosion of data and the need for businesses to extract valuable insights. As more organizations depend on data-driven decisions, the demand for big data services is expected to flourish, offering comprehensive solutions to meet diverse industry requirements.
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