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Global Data Lakes Strategic Markets Report 2023: Market to Surpass $40 Billion by 2030 - 'Age of Data Abundance' Instigates Broad-based Opportunities
Global Market for Data Lakes
Dublin, Jan. 30, 2023 (GLOBE NEWSWIRE) -- The "Data Lakes - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Data Lakes Market to Reach $40.8 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Data Lakes estimated at US$7.2 Billion in the year 2022, is projected to reach a revised size of US$40.8 Billion by 2030, growing at a CAGR of 24.3% over the analysis period 2022-2030.
Solutions, one of the segments analyzed in the report, is projected to record 23.2% CAGR and reach US$23.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 25.8% CAGR for the next 8-year period.
The U.S. Market is Estimated at $2.1 Billion, While China is Forecast to Grow at 23.3% CAGR
The Data Lakes market in the U.S. is estimated at US$2.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$6.9 Billion by the year 2030 trailing a CAGR of 23.3% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 22.2% and 20.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 16.5% CAGR.
Looking Ahead to 2023
Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced. Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.
Key Metrics
Report Attribute | Details |
No. of Pages | 193 |
Forecast Period | 2022 - 2030 |
Estimated Market Value (USD) in 2022 | $7.2 Billion |
Forecasted Market Value (USD) by 2030 | $40.8 Billion |
Compound Annual Growth Rate | 24.2% |
Regions Covered | Global |
What`s New for 2023?
Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year
Key Topics Covered:
1. MARKET OVERVIEW
Influencer Market Insights
Data Lakes: A Prelude
Bright Prospects Ahead for Data Lake Tools Market
Data Lakes - Global Key Competitors Percentage Market Share in 2022 (E)
Impact of Covid-19 and a Looming Global Recession
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS (Total 44 Featured)
Atos SE
Capgemini SE
Denodo
EMC Corporation
Hitachi Data Systems Corporation
IBM Corporation
Informatica LLC
Microsoft Corporation
Oracle Corporation
SAP SE
SAS Institute, Inc.
Talend
Teradata Corporation
3. MARKET TRENDS & DRIVERS
'Age of Data Abundance' Instigates Broad-based Opportunities for Data Lake Technology
Widespread Use of Enterprise Software and Business Apps Leads to Creation of Massive Volumes of Enterprise Data
Global Corporate Data Volumes (in Exabytes) by Data Type for the Years 2012 through 2020
Pivotal Role of BI and Analytics in Modern Enterprise Paves Way for Wider Uptake of Data Lakes
Data Lake Steps-In to Modernize Big Data Model
Volume of Big Data Created Worldwide (In Zettabytes) for the Years 2019 and 2025
IoT Induces Healthy Tide in Data Lake Deployments
Global IoT Market: Installed Base of IoT Connected Devices (in Billions) for the Years 2019 and 2025
With AI and ML Making Robust Inroads in Enterprise Environments, Data Lake Seeks New Opportunities
World Market for AI (in US$ Billion) for the Years 2016, 2019, 2022 and 2025
Cloud Model Gains Traction in Data Lake Implementation
Technical Superiority Over Data Warehouse Builds Robust Momentum
Data Lake Vs. Data Warehouse: A Brief Comparison
Banking & Financial Services Enterprises: Major Consumers
Retail & eCommerce Firms Queue Up for Data Lake Technology
Data Lakes Get Ready to Turn the Tables in Healthcare IT
Data Lake Technology Enthuses Government and Public Sector Entities
4. GLOBAL MARKET PERSPECTIVE
For more information about this report visit https://www.researchandmarkets.com/r/rgwt8l-lakes?w=12
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ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
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