40 likes | 45 Views
The global data lakes market is expected to grow at a CAGR of approximately 28% during the forecast period 2017-2023.<br><br>Get Sample Report @ https://www.marketresearchfuture.com/sample_request/1601<br><br>
E N D
Data Lakes Market Research Report - Global Forecast to 2023 Data Lakes Market Research Report - Global Forecast to 2023 P a g e | 1 Copyright © 2017 Market Research Future.
Data Lakes Market Research Report - Global Forecast to 2023 Global Data Lakes Market Research Report: by Component (Data Discovery, Data Integration & Management, Data Lakes Analytics, Data Visualization), Business Function (Sales, Finance, HR), Organization Size, Deployment, Vertical – Forecast till 2023 Market Scenario The term data lake is increasingly being used to describe any large data pool in which the data requirements are not defined until the data is queried. Data lakes provide various benefits like scalability and can accommodate high speed data. It also offers advanced analytics by utilizing the availability of large quantities of coherent data. Technology giants such as Microsoft Corporation, Informatica, Teradata Corporation, Capgemini, EMC Corporation and Oracle Corporation are a few major players in the global data lakes market. Dell EMC Corporation has launched Elastic Data Platform which refers to a series of reference architecture geared for Hadoop and related big data environments. Elastic data platform is available as direct-attached storage on PowerEdge servers, clustered Isilon scale-out NAS, or a managed service via the Dell EMC Virtustream Storage Cloud. Increasing use of web-based interfaces and social computing are major factors driving the growth of the global data lakes market. Furthermore, increasing deployment of data lakes in banking and financial services sector is boosting the growth of the market. Also, growing demand for hosted services from small and medium business units is set to drive the growth of the data lakes market. Get Sample Report @ https://www.marketresearchfuture.com/sample_request/1601 The cloud based deployment sub segment is expected to hold the largest market share of the data lakes market and is also expected to grow at the highest rate over the forecast period owing to the increasing implementation of cloud based technologies across various industry verticals. Also, the demand for data lakes market solutions is increasing due to the cost-effective and time-efficient features. The growth is majorly attributed to small and medium enterprises where low cost solutions are much required. The North America region holds the largest share of the market across the globe followed by Europe, and Asia Pacific region. The U.S. and Canada are dominating the North America market due to rising technological enhancements and proliferation of intelligent connected devices in the region. Moreover, the region has a well- established infrastructure, which allows faster implementation of advanced technologies. Additionally, the growing adoption of Internet of things and rise in demand for business agility are major factors driving the growth of the data lakes market in the region. The global data lakes market is expected to grow at a CAGR of approximately 28% during the forecast period 2017- 2023. Key Players P a g e | 2 Copyright © 2017 Market Research Future.
Data Lakes Market Research Report - Global Forecast to 2023 Some of the prominent players in the global data lakes market are Microsoft Corporation (U.S.), Informatica (U.S.), Teradata Corporation (U.S.), Capgemini (France), EMC Corporation (U.S.), Oracle Corporation (U.S.), Zaloni (U.S.), Cloudera Inc. (U.S.), SAS institute (U.S.), SAP SE (Germany), Hitachi (Japan) and ATOS SE (France) among others. Segments The global Data Lakes Market is segmented by component, business function, organization size, deployment and vertical. Based on the component, the market is segmented into software and service. The software segment is further classified into data discovery, data integration and management, data lakes analytics and data visualization. The service segment is further classified into managed services and professional services. The professional services segment comprises of data lakes services, system integration & deployment and support & maintenance. Based on the business function, the market is segmented into marketing, sales, operations, finance and human resources. Based on the organization size, the market is segmented into SMEs and large enterprises. Based on the deployment, the market is segmented into cloud and on premise. Whereas, based on the vertical, the market is segmented into BFSI, healthcare, manufacturing, IT & telecommunication, media & entertainment, energy & utilities, and others. Regional Analysis The global data lakes market is spanned across Asia Pacific, North America, Europe, and Rest of the World. It has been observed that North America is estimated to account for the largest share of the market, whereas Asia Pacific is projected to grow at the fastest rate during the forecast period. The growth of market in North America is attributed to technological advancements and increased adoption of cloud based technologies across various industry verticals. Industry News September 2017 - Dell EMC Corporation launched Elastic Data Platform geared for Hadoop and big data environments. February 14, 2018: leading IT services provider Tata Consultancy Services, launched Enterprise Data Lake (EDL) for Advanced Analytics on Amazon Web Services (AWS). Get Report Details @ https://www.marketresearchfuture.com/reports/data-lakes-market-1601 Intended Audience • Technology Investors • Research/Consultancy firms • Technology Solution Providers • Government Bodies • Regulatory agencies • Technology Solution vendors • System integrators • National regulatory authorities • Venture capitalists • Investment houses P a g e | 3 Copyright © 2017 Market Research Future.
Data Lakes Market Research Report - Global Forecast to 2023 P a g e | 4 Copyright © 2017 Market Research Future.