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Top 10 companies in Data Lake Market are making rapid shifts in their strategies

A data lake is usually a single store of all enterprise data including raw copies of source system data and transformed data used for tasks such as reporting, visualization, advanced analytics and machine learning. Request Report COVID-19 impact on the Data Lake Market

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Top 10 companies in Data Lake Market are making rapid shifts in their strategies

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  1. Data Lake Market worth $20.1 billion by 2024

  2. Scope of The Report The research report categorizes the Data Lake Market to forecast the revenues and analyse the trends in each of the following subsegments: By deployment mode • On-premises • Cloud • Solutions • Data Discovery • Data Integration and Management • Data Lake Analytics • Data Visualization • Services • Managed Services • Professional Services • Marketing • Sales • Operations • Finance • Human Resources By component Bybusiness function And More…

  3. Key Segments The global data lake market size is expected to grow from USD 7.9 billion in 2019 to USD 20.1 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 20.6% during the forecast period. 1 A shift toward cloud-based data platforms to manage and mitigate data issues is further expected to offer opportunities for the increased adoption of data lake solutions. 2 By organization size, large enterprises and Small and Medium-Sized Enterprises (SMEs) are the 2 main segments where data lake solutions are used. 3 The data lake market is segmented by business function into marketing, sales, operations, finance, and human resources. The operations business function is expected to grow at the highest CAGR during the forecast period. Data lake enable companies to increase operational efficiencies and reduce costs. 4 5 Companies prefer to adopt cloud-based data lake solutions, as these solutions support their regional, cross-regional, or cross-country data recovery strategies. This enables organizations to ensure resiliency in case of a disaster.

  4. Market Growth Rate CAGR 2019 2024 Market Size of $ 7.9 billion Market Size of $ 20.1 billion 20.6%

  5. Key Vendors Major Players • Microsoft (US) • Teradata (US) • Oracle (US) • Cloudera (US) • AWS (US) • And More View Report Here - https://www.marketsandmarkets.com/Market-Reports/data-lakes-market-213787749.html

  6. Major Regions • North America • Europe • APAC • MEA • Latin America • North America is expected to hold the largest market share. • Asia Pacific (APAC) is expected to provide opportunities for debt collection software providers and grow at the highest CAGR

  7. Key Questions Addressed by the Report: • What are the current trends driving the data lake market? • In which vertical are most industrial companies deploying data lake solutions? • Where will recent developments of market vendors take the industry in the mid- to long-term? • Who are the top vendors in the market, and what is their competitive analysis? • What are the drivers and challenges faced by vendors in the market?

  8. MarketsandMarkets’ Value Proposition How are we different? Most-detailed market segmentation in industry In-depth analysis of patents profiles of key market players providing a competitive landscape Market data for segments such as technologies, services & applications across geographies High level analysis of major market segments and identification of opportunities

  9. MarketsandMarkets’ Delivery Model Here's how we can help you... • Research coverage can be a wide range in varied or niche categories in the published data or custom-made as per client's projects • Assess New Product Development from inception to launch • Optimize investments in established brands and recommend new approaches in global territories • Discover potential in new geographical markets and analyze how to successfully expand into them • Analyze the Challenges, Opportunities, Market structures, Drivers and Competitive Landscape

  10. MarketsandMarkets’ Our Expertise - Compelling Business cases Market size Estimations - Company & Market Best Practices - Entry or Go-To-Market strategies - Market Dynamics, Positioning and Segmentations - Competitive Landscaping and Benchmarking - Opportunity Analysis - Economic Forecasting - Industry-specific Technology solutions - Roadmap Analysis

  11. Stay in touch Our Report Covers – Market Scenarios, Vendor landscape & Industry Road Maps. Get Free 10% Customization in this report sales@marketsandmarkets.com Or you can visit us: https://www.marketsandmarkets.com/ USA address MarketsandMarkets™ INC.630 Dundee Road Suite 430 Northbrook, IL 60062 USA : +1-888-600-6441 Corporate Headquarters MarketsandMarkets™ Research Private Ltd. Tower B5, office 101,Magarpatta SEZ,Hadapsar, Pune-411013, India+1-888-600-6441

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