The most recent report by MarkNtel Advisors, titled “Asia-Pacific Data as a Service (DaaS) Market By Deployment (Public Cloud, Private Cloud, Hybrid & Multi Cloud), By Organization Size (Large Enterprises Small & medium Enterprises), By End User (BFSI, Healthcare, Retail, IT & Telecom, Government, Others (Media & Entertainment, Industrial, etc.)), and Others. The Asia-Pacific Data as a Service (DaaS) Market size is estimated to grow at a CAGR of around 22% during the forecast period, i.e., 2024-30. ” offers a comprehensive industry assessment and market outlook. This research presents an extensive overview of the present market conditions, encompassing market trends and the latest developments. The report delves deeply into aspects such as market size, market share, industry trends, forecasts, and the competitive landscape, providing a clear and well-supported depiction of the market through relevant statistical data.
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Asia-Pacific Data as a Service (DaaS) Market Challenge:
Concerns Related to Data Security Hinder the Daas Adoption– The foremost apprehensions of an organization that hamper the market growth are data privacy & data security issues and improper governance. In recent years, cyber security breaches & cyber-attacks have increased significantly in Asia-Pacific. According to Dell’s Global Data Protection Index (GDPI), almost 55% of the companies in the region faced cyberattack issues in 2023. These security breaches result in financial & data-related loss for the enterprises. Therefore, the organization refrains from opting for these solutions, hindering market growth. Additionally, for implementing DaaS, the enterprise needs to migrate all of its data from on-premise to the cloud. This shared data includes critical information about the client and the company’s finances. Therefore, there is a high possibility of data vulnerability & exposure concerning data security, if the DaaS vendor’s security is not up-to-date. Hence, this leads to distress in the organization regarding their data security which further slows down DaaS adoption.
What do you get in this report?
- Forecasts for the Asia-Pacific Data as a Service (DaaS) Market, encompassing both well-established and emerging markets.
- An exploration of various market perspectives using Porter’s Five Forces analysis.
- Insights into the market sectors poised to dominate on a scale.
- Projections for regions expected to experience the most rapid growth during the forecast period.
- Examination of the latest developments, market shares, and marketing strategies employed by top competitors in the Asia-Pacific Data as a Service (DaaS) industry.
- Factors influencing the overall market’s growth trajectory.
- Potential barriers to the market’s expansion in the coming years.
- An in-depth look at the competitive landscape and intricate insights into the potential business opportunities for key market players.
- Pricing strategies adopted by various participants within the Asia-Pacific Data as a Service (DaaS) Market.
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Stay ahead of the market competition:
The report integrates factual data, numerical figures, and market insights to generate revenue assessments and market projections. This is accomplished through a diverse array of statistical tools and the expertise of industry professionals. Each prominent player undergoes a comprehensive examination, which includes a SWOT analysis, a detailed profile, and a complementary Porter’s Five Forces analysis.
To seize emerging opportunities, key market participants have consistently been revaluating and adjusting their strategies and operational methods. Our analysis extends beyond major corporations to encompass regional small and medium-sized enterprises that hold significant roles and possess substantial growth potential. This approach allows us to accurately portray the level of competition within the industry.
This section provides detailed information about the key market participants: –
Microsoft Corporation, Google, 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, 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., and Others.
In-depth analysis of Asia-Pacific Data as a Service (DaaS) Market Segmentation:
Our thorough analysis of market segmentation provides accurate and insightful data to assist our readers in making informed and strategic investment decisions. The research encompasses market forecasts at the global, regional, and national levels. It examines market trends within each market category for the years 2024 through 2030.
The Asia-Pacific Data as a Service (DaaS) Market is highly fragmented and categorized into the following segments:
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
By Country
-China
-India
-Japan
-South Korea
-Singapore
-Rest of Asia-Pacific.
Key Questions:
- What are the particular strategies and constraints impacting market demand?
- How will patterns, challenges, and trends influence the expansion and extent of the market?
- Which market factors will contribute to the formulation of client and corporate strategies?
- What factors, such as rising demand and ongoing market developments, are exerting an influence?
- What level of growth potential or capacity does the market possess in the near future?
- Which region is likely to command the largest market share in the upcoming period?
- Among the market segments discussed, which ones might be exploring opportunities for further expansion?
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MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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