New Study on Data Lake Market “Estimated to Reach US$ 20.1 Billion by 2024”
Data Lake Market 2019-2024 report tells the market value in next few years and report shows the whole scenario of Data Lake industry.
The Global report on “Data Lake Market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report also details the information about the global market status, growth rate, future trends, market drivers, challenges, opportunities and porter’s forces analysis with respect to these elements. An exclusive data offered in this report is collected by research and industry experts team.
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The Global Data Lake Market size is projected to grow from US$ 7.9 Billion in 2019 to US$ 20.1 Billion by 2024, at a Compound Annual Growth Rate (CAGR) of 20.6% during the forecast period. This report spread across 193 Pages, Profiling 22 Companies and Supported with 106 Tables and 54 figures is now available in this research.
Top Companies profiled in the Data Lake Market:
- Microsoft (US)
- Teradata (US)
- Oracle (US)
- Cloudera (US)
- AWS (US)
- IBM (US)
- Informatica (US)
- SAS Institute (US)
- Zaloni (US)
- Koverse (US)
- HPE (US)
- Cazena (US)
- Google (US)
- io (US)
- Snowflake (US)
- Dremio (US)
- Talend (US)
Solutions and services are the 2 primary components available in the data lake market. The services segment, which covers managed and professional services, is expected to grow at a rapid pace during the forecast period. An increasing deployment of data lake software solutions leads to the increasing the demand for pre- and post-deployment services, as these solutions require training due to technical complexities, thus driving the growth of the segment.
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The data lake market by vertical has been segmented into Banking, Financial Services and Insurance (BFSI), telecommunication and Information Technology (IT), retail and eCommerce, healthcare and life sciences, manufacturing, energy and utilities, media and entertainment, government, and others (travel and hospitality, transportation and logistics, and education).
Reason to access this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall data lake market and the sub segments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies.
Competitive Landscape of Data Lake Market:
2 Competitive Leadership Mapping
2.1 Visionary Leaders
2.3 Dynamic Differentiators
2.4 Emerging Companies
Press Release Distributed by The Express Wire
To view the original version on The Express Wire visit New Study on Data Lake Market âEstimated to Reach US$ 20.1 Billion by 2024â