Market Definition / Research Scope
For the purpose of this market researchreport, Data Lake is defined as a repository that allows the storage of a large amount of structured and raw data. It allows the storage of data in its original form without any restrictions on format. As a large amount of data can be stored in its native form it widens the base for analytical performance. The data lake is an economical way of storing large amounts of data stored in organisations for later processing and the analysts can derive their attention on studying data rather than finding it. The integration of Data Lake can allow businesses to take additionaladvantages of machine learning and artificial intelligence.
Data Lake Market shall reach a value of $2x61.4 Million in 2031, growing with a CAGR of 12.13% during the forecast period of 2022 to 2031.
Data Lakes Market Growth and Trends
Data Lakes Market Regional Analysis
Budding needs to extract in-depth insights from an increasing amount of data to gain a competitive vertical in the market is estimated to propagate the global data lake market. North America is expected to have high adoption for data lakes and leading growth in the market owing to rising demand for data lakes that can be used for smart meter applications in the region.
Also, the Asia Pacific region prevails with spontaneous growth in the market with the growing adoption of smart meters in the region and huge volumes of data generation. Europe is scaled to be promulgated in the market with exponential growth too attributed to the emerging demands for data lakes by the banking sector to integrate data across various domains.
The proliferation of data due to the increasing adoption of IoT and government initiatives to build smart cities is expected to boost the deployment of the data lake market in the Middle Eastern regions.
Data Lakes Market Share and Competition
Key companies operating in this industry are: Microsoft, Teradata Corporation, Capgemini, EMC Corporation, Informatica, Oracle, SAP SE, ATOS SE, SAS Institute and Hitachi Data Systems.
Data Lakes Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2022 – 2031)
• Data breakdown for every market segment (2022 – 2031)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2022 - 2031)
• Data Discovery
• Data Integration and Management
• Data Lakes Analytics
• Data Visualization
Application Analysis (Revenue, USD Million, 2022 - 2031)
• Human Resources
Region Analysis (Revenue, USD Million, 2022 - 2031)
• United States
• United Kingdom
• South Korea
• Middle East
• Rest of World
Data Lakes Market Companies
• Teradata Corporation
• EMC Corporation
• SAP SE
• ATOS SE
• SAS Institute
• Hitachi Data Systems
United States Data Lakes Market Research Report
Europe Data Lakes Market Research Report
Asia Pacific Data Lakes Market Research Report
India Data Lakes Market Research Report
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