Global Data as a Service Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Deployment;

Public, Private, and Hybrid.

By Enterprise Size;

Large Size Organization and Small & Medium Size Organizations.

By End User;

BFSI, IT & Telecommunications, Government, Retail, Education, Oil & Gas, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn641516724 Published Date: May, 2025 Updated Date: June, 2025

Data as a Service Market Overview

Data as a Service Market (USD Million)

Data as a Service Market was valued at USD 14,882.85 million in the year 2024. The size of this market is expected to increase to USD 141,903.75 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 38.0%.


Global Data as a Service Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 38.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)38.0 %
Market Size (2024)USD 14,882.85 Million
Market Size (2031)USD 141,903.75 Million
Market ConcentrationLow
Report Pages358
14,882.85
2024
141,903.75
2031

Major Players

  • Bloomberg Finance L.P
  • Dow Jones
  • Environmental Systems Research Institute
  • Equifax
  • FactSet Research Systems
  • IBM Corporation
  • Oracle Corporation
  • SAP SE
  • Thomson Reuters

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Data as a Service Market

Fragmented - Highly competitive market without dominant players


The Data as a Service (DaaS) Market is rapidly evolving as businesses shift to cloud-powered infrastructure for enhanced data access. Currently, over 65% of organizations utilize cloud platforms to manage and deliver data efficiently. This momentum is driven by the need for scalable, real-time access to critical datasets that support decision-making and operational agility.

Accelerated Demand for Actionable Intelligence
The rising reliance on real-time analytics is pushing businesses toward DaaS solutions that deliver timely insights. Approximately 58% of companies now integrate DaaS into their data strategies to power customer insights and predictive analytics. This trend underlines a deeper focus on turning raw data into strategic assets through efficient delivery channels.

Support for AI Ecosystem Expansion
DaaS is becoming central to artificial intelligence and machine learning ecosystems, supplying datasets that are crucial for model development. Around 52% of developers utilize external data services to accelerate AI projects, with DaaS ensuring faster access to high-quality training data across domains.

Compliance-Centric Innovation in Services
As regulatory demands rise, DaaS platforms are enhancing security and compliance capabilities. Currently, 47% of providers embed automated governance tools, including encryption and policy management. This not only supports data protection but also instills confidence among industries operating under strict compliance standards.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Deployment
    2. Market Snapshot, By Enterprise Size
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Data as a Service Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Demand for Real-Time Data Access
        2. Growing Volume of Data Generation
        3. Advancements in AI and Machine Learning
        4. Cost Efficiency and Scalability
      2. Restraints
        1. Integration Complexities with Existing Systems
        2. Regulatory Compliance Challenges
        3. Lack of Standardization in Data Formats
        4. Dependency on Internet Connectivity
      3. Opportunities
        1. Emerging Technologies like Blockchain
        2. Increasing Focus on Data Monetization
        3. Integration with Big Data Analytics
        4. Penetration into SMEs and Emerging Market
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Data as a Service Market, By Deployment, 2021 - 2031 (USD Million)
      1. Public
      2. Private
      3. Hybrid
    2. Data as a Service Market, By Enterprise Size, 2021 - 2031 (USD Million)
      1. Large Size Organization
      2. Small & Medium Size Organizations
    3. Data as a Service Market, By End User, 2021 - 2031 (USD Million)
      1. BFSI
      2. IT & Telecommunications
      3. Government
      4. Retail
      5. Education
      6. Oil & Gas
      7. Others
    4. Data as a Service Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Bloomberg Finance L.P
      2. Dow Jones
      3. Environmental Systems Research Institute
      4. Equifax
      5. FactSet Research Systems
      6. IBM Corporation
      7. Oracle Corporation
      8. SAP SE
      9. Thomson Reuters
  7. Analyst Views
  8. Future Outlook of the Market