Five big data as a service trends we'll see in 2019

Big data as a service (BDaaS) has been instrumental in allowing clients of all sizes and types become more dependent on big data analytics and how it could help them reach goals. Here are five BDaaS trends people can look forward to in 2019. More BDaaS companies will cater to the financial sector. According to Market Insights, BDaaS will show substantial growth between 2018–2023. More specifically, analysts predict a combined annual growth rate of 15.73% through the forecast timespan. The publication mentions the banking sector will play a role in driving that increase in market growth, particularly as those entities realize the worth of analytics for their operations. For example, they may use analytics to determine the likelihood of a person to commit banking fraud or participate in specialty programs a bank offers to assist its customers. As such, 2019 will likely be a year when BDaaS company leaders realize there is a need to fill in the banking marketplace and investigate ways to address those customers.