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TECH SUPPLIER Jul 2019 - Market Forecast - Doc # US45347519

Worldwide Data-as-a-Service Organization Domain Forecast, 2019–2023

By: Lynne SchneiderResearch Director, Data as a Service

Abstract

This IDC study provides a sizing of the worldwide data as a service (DaaS) market in 2018 and a five-year forecast through 2023 by geographical region. It provides commentary on market growth and the emerging trends and provides actionable advice for technology suppliers. This document updates the DaaS organization data market view included in Worldwide Organizational Data as a Service Forecast, 2017–2021 (IDC #US42623517, July 2017).

The data-as-a-service organization domain is one of six data domains in IDC's DaaS taxonomy. As one of the most established areas within DaaS, growth expectations are a modest 2.6% over the forecast period 2018–2023. "An increasing amount of relevant data is being captured, but the pace of creating use cases and value with this data lags behind the sheer volume of data being created," according to Lynne Schneider, research director for Data as a Service.


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