The global data lakes market size was US$ 11.79 billion in 2021. The global data lakes market size is forecast to reach US$ 85.41 billion by 2030, growing at a compound annual growth rate (CAGR) of 24.6% during the forecast period from 2022 to 2030.
Data Lakes are essentially data stores that allow for storing structured, semi-structured, and unstructured data in their natural state. The software is a practical option for storing all the data of an organization for later processing, thus enhancing its operations. A data lake is different from a data warehouse. A data warehouse can store processed and filtered data, whereas a data lake can only hold raw data. Business users can generate analytics, gain insights, and access all types of stored information using this solution. As a result, a balance between speed, cost of operations, and information quality are possible. Aviation and the automobile industries are prominent users.
Factors Influencing Market Growth
Impact Analysis of COVID-19
Besides posing a threat to the health of millions, COVID-19 has also affected financial stability worldwide. It has disrupted supply chains and has also changed consumer behavior. In order to deal with this particular circumstance, associations need exceptional logical knowledge. Many different industries across different verticals were using cloud-based innovations, which contributed to market growth. Cloud-based advancements have ensured the continuity of the organizations during COVID-19. The advantages of cloud-based innovations helped drive the market's growth during COVID-19.
Regional Insights
North America is forecast to dominate the market during the forecast period. The increase in the share can be attributed to increasing volumes of information in various industries, increasing investments in data lakes, and increasing adoption of big data technologies. In addition, data lakes are likely to play a vital role in developing healthcare analytics.
The Asia Pacific is forecast to grow at the fastest rate over the forecast period. Increasing investments by technology companies from China, India, Australia, and Japan are responsible for the growth. Also, several other factors, including growing digitization and increasing adoption of advanced big data analytics technology, are forecast to drive the market in the region. In addition, government initiatives and regulations are among the key catalysts for market growth in the region.
Leading Competitors
The leading prominent companies profiled in the global data lakes market are:
Scope of the Report
The global data lake market segmentation focuses on Type, Deployment, Industry Vertical, and Region.
Segmentation based on Type
Segmentation based on Deployment
Segmentation based on Industry Vertical
Segmentation based on Region
[TABLE OF CONTENTS]
1 INTRODUCTION OF GLOBAL DATA LAKE MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES
4 GLOBAL DATA LAKE MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE MODEL
4.4 VALUE CHAIN ANALYSIS
5 GLOBAL DATA LAKE MARKET, BY COMPONENT
5.1 OVERVIEW
5.2 SOLUTIONS
5.3 SERVICES
6 GLOBAL DATA LAKE MARKET, BY DEPLOYMENT MODE
6.1 OVERVIEW
6.2 ON-PREMISES
6.3 CLOUD
7 GLOBAL DATA LAKE MARKET, BY ORGANIZATIONAL SIZE
7.1 OVERVIEW
7.2 LARGE ENTERPRISES
7.2 SMES (SMALL AND MEDIUM-SIZED ENTERPRISES)
8 GLOBAL DATA LAKE MARKET, BY INDUSTRY VERTICAL
8.1 OVERVIEW
8.2 IT
8.3 BFSI
8.4 RETAIL AND ECOMMERCE
8.5 HEALTHCARE AND PHARMACEUTICALS
8.6 MEDIA AND ENTERTAINMENT
8.7 MANUFACTURING
8.8 OTHERS (GOVERNMENT, HOSPITALITY, EDUCATION, OTHERS)
9 GLOBAL DATA LAKE MARKET, BY GEOGRAPHY
9.1 OVERVIEW
9.2 NORTH AMERICA
9.2.1 NORTH AMERICA MARKET SNAPSHOT
9.2.2 U.S.
9.2.3 CANADA
9.2.4 MEXICO
9.3 EUROPE
9.3.1 EUROPE MARKET SNAPSHOT
9.3.2 WESTERN EUROPE
9.3.2.1 THE UK
9.3.2.2 GERMANY
9.3.2.3 FRANCE
9.3.2.4 ITALY
9.3.2.5 SPAIN
9.3.2.6 REST OF WESTERN EUROPE
9.3.3 EASTERN EUROPE
9.3.3. 1 POLAND
9.3.3.2 RUSSIA
9.3.3.3 REST OF EASTERN EUROPE
9.4 ASIA PACIFIC
9.4.1 ASIA PACIFIC MARKET SNAPSHOT
9.4.2 CHINA
9.4.3 JAPAN
9.4.4 INDIA
9.4.5 AUSTRALIA & NEW ZEALAND
9.4.6 ASEAN
9.4.7 REST OF ASIA PACIFIC
9.5 MIDDLE EAST & AFRICA
9.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
9.5.2 UAE
9.5.3 SAUDI ARABIA
9.5.4 SOUTH AFRICA
9.5.5 REST OF MEA
9.6 SOUTH AMERICA
9.6.1 SOUTH AMERICA MARKET SNAPSHOT
9.6.2 BRAZIL
9.6.3 ARGENTINA
9.6.4 REST OF SOUTH AMERICA
10 GLOBAL DATA SCIENCE PLATFORM MARKET COMPETITIVE LANDSCAPE
10.1 OVERVIEW
10.2 COMPANY MARKET RANKING
10.3 KEY DEVELOPMENT STRATEGIES
11 COMPANY PROFILES
11.1 AMAZON WEB SERVICES, INCORPORATED
11.1.1 OVERVIEW
11.1.2 FINANCIAL PERFORMANCE
11.1.3 PRODUCT OUTLOOK
11.1.4 KEY DEVELOPMENTS
11.2 CLOUDERA, INCORPORATED
11.2.1 OVERVIEW
11.2.2 FINANCIAL PERFORMANCE
11.2.3 PRODUCT OUTLOOK
11.2.4 KEY DEVELOPMENTS
11.3 DREMIO CORPORATION
11.3.1 OVERVIEW
11.3.2 FINANCIAL PERFORMANCE
11.3.3 PRODUCT OUTLOOK
11.3.4 KEY DEVELOPMENTS
11.4 INFORMATICA CORPORATION
11.4.1 OVERVIEW
11.4.2 FINANCIAL PERFORMANCE
11.4.3 PRODUCT OUTLOOK
11.4.4 KEY DEVELOPMENTS
11.5 MICROSOFT CORPORATION
11.5.1 OVERVIEW
11.5.2 FINANCIAL PERFORMANCE
11.5.3 PRODUCT OUTLOOK
11.5.4 KEY DEVELOPMENTS
11.6 ORACLE CORPORATION
11.6.1 OVERVIEW
11.6.2 FINANCIAL PERFORMANCE
11.6.3 PRODUCT OUTLOOK
11.6.4 KEY DEVELOPMENTS
11.7 SAS INSTITUTE INCORPORATED
11.7.1 OVERVIEW
11.7.2 FINANCIAL PERFORMANCE
11.7.3 PRODUCT OUTLOOK
11.7.4 KEY DEVELOPMENTS
11.8 SNOWFLAKE INCORPORATED
11.8.1 OVERVIEW
11.8.2 FINANCIAL PERFORMANCE
11.8.3 PRODUCT OUTLOOK
11.8.4 KEY DEVELOPMENTS
11.9 TERADATA CORPORATION
11.9.1 OVERVIEW
11.9.2 FINANCIAL PERFORMANCE
11.9.3 PRODUCT OUTLOOK
11.9.4 KEY DEVELOPMENTS
11.10 ZALONI, INCORPORATED
11.10.1 OVERVIEW
11.10.2 FINANCIAL PERFORMANCE
11.10.3 PRODUCT OUTLOOK
11.10.4 KEY DEVELOPMENTS
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