Press release
The Global Data Lakes Market Is Projected To Reach Usd 25.55 Billion By 2025, Growing At A Cagr Of 28.63% From 2017 To 2025 And Top Key Players Are Oracle Corporation , Sap Se, Microsoft Corporation , Hitachi Data Systems, Capgemini , Informatica , Emc Co
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Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Rising adoption of IoT
1.2 Increasing volume and variety of business data
1.3 Need for In-depth insights to drive competitive advantage
1.4 Increasing need for business agility and accessibility
1.5 Rising adoption by small and medium businesses
1.6 Rising adoption of advanced analytics
2. Market Restraints
2.1 Concerns for data security and privacy
2.2 Lack of technical expertise in the field of advanced analytics
2.3 Poor long-term data governance process
2.4 Less knowledge about newer data storage and analytics techniques
Market Segmentation:
The Global Data Lakes Market is segmented on the organization size, component, business function, deployment model, vertical, and region.
1. Organization Size:
1.1 Large Enterprises
1.2 Small and Medium Organizations
2. By Component:
2.1 Software
2.1.1 Data Visualization
2.1.2 Data Integration and Management
2.1.3 Data Discovery
2.1.4 Data Lakes Analytics
2.2 Services
2.2.1 Managed services
2.2.2 Professional services
2.2.2.1 Support and maintenance services
2.2.2.2 Data Lakes Services
2.2.2.3 System Integration and Deployment
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3. By Business Function:
3.1 Finance
3.2 Marketing
3.3 Sales
3.4 Human Resources
4. By Deployment Mode:
4.1 Cloud-based
4.2 On-premises
5. By Vertical:
5.1 Healthcare
5.2 Government
5.3 IT and Telecom
5.4 Banking, Financial Services, and Insurance (BFSI)
5.5 Media and Entertainment
5.6 Retail and e-commerce
5.7 Manufacturing
5.8 Others
6. By Region:
6.1 North America (U.S., Canada, Mexico)
6.2 Europe (Germany, UK, France, Rest of Europe)
6.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
6.4 Latin America (Brazil, Argentina, Rest of Latin America)
6.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Oracle Corporation
2. SAP SE
3. Microsoft Corporation
4. Hitachi Data Systems
5. Capgemini
6. Informatica
7. EMC Corporation
8. ATOS SE
9. SAS Institute
10. Teradata Corporation
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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