TECH SUPPLIER Jul 2021 - Market Forecast - Doc # US47344321

Worldwide Data-as-a-Service Organization Domain Forecast, 2021–2025

By: Lynne SchneiderResearch Director, Data as a Service & Location and Geospatial Intelligence

Abstract

This IDC study provides a sizing of the worldwide data as a service market in 2020 and a five-year forecast through 2025 by geographical region. It provides commentary on market growth and the emerging trends and provides actionable advice for technology suppliers.

The data-as-a-service organization domain is one of six data domains in IDC's DaaS taxonomy (in addition to data marketplaces). As one of the most established areas within DaaS, growth expectations are modest over the 2021–2025 forecast period.

"Enterprises were actively searching for external data sources to help with analytical and business processes during the global pandemic crisis, whether it was to better predict sales or supply chain or simply have better lists of contacts for business customers. Organizational data as a service helped many gain a competitive edge," according to Lynne Schneider, research director for Data as a Service.


Coverage

Subscriptions Covered

Data as a Service


Regions Covered

Worldwide


Topics Covered

Cognitive/artificial intelligence


Content


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