Data as a Service Market Size | Explore Industry Share & Revenue Opportunities 2025

Q: What is the projected growth of the Data as a Service market?

The DaaS market was estimated at USD 15.3 billion in 2024 and is expected to reach USD 38 billion by 2031.

Q: How does DaaS benefit businesses?

DaaS provides scalable access to external/internal data without the need for complex infrastructure, enabling real-time insights and agility.

Q: Which industries are adopting DaaS rapidly?

BFSI, e-commerce, telecom, and healthcare sectors are among the faster adopters of DaaS solutions.

Q: What technologies complement DaaS?

Cloud platforms, APIs, AI/ML, and edge computing enhance DaaS capabilities and its real-time data utility.

Q: What are the major concerns in the DaaS market?

Data privacy, compliance, vendor lock-in, and data integration challenges are major barriers to widespread DaaS adoption.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Code: MTA4563

Publication Date: Jun 2025

What is the size of Data as a Service Market?

According to 6Wresearch internal database and industry insights, the Global Data as a Service market was demonstrated around USD 15.3 billion in 2024 and is expected to reach USD 38 billion by 2031, rising at a strong CAGR of 13.7% during the forecast period 2025–2031.

In the coming years, the Data as a Service market is registered for the rapid expansion as organizations are increasingly shifting toward outsourcing data management, access, and analytics. As the amount of data is growing, respectively the data complexity is increasing and costs of on-premise infrastructure, businesses are turning to DaaS platforms due to its scalability, security, and real-time data delivery across cloud environments. From real-time customer insights to geo-analytics and business intelligence, DaaS enables organizations to extract value without heavy IT dependencies.

Key Growth Factors of the Data as a Service Market

Increasing adoption of cloud-native data services for agility and scalability
Need for cost-effective, real-time data access across enterprises
Rising demand for external data sets for market intelligence and personalization
Integration of AI/ML with DaaS to support automated insights and anomaly detection
Expansion of remote work driving demand for decentralized data access
Growing usage of DaaS in banking, insurance, retail, and logistics sectors

Data as a Service Market Trends

Between 2025 and 2031, the DaaS market is getting advance with the integration of API-based data delivery, data marketplaces, and subscription-based models. Organizations are leveraging DaaS for customer segmentation, credit scoring, location analytics, and fraud prevention. The focus is increasing on data monetization strategies, third-party data integration, and real-time streaming data is reshaping business intelligence architectures. Privacy-enhanced data services, compliance with global data regulations, and service-level flexibility are becoming critical components of vendor offerings.