Press release
Rising Concerns Over Data Breaches Driving Growth In The Automated Data Platform Market: A Key Factor Shaping the Future of the Automated Data Platform Market in 2025
Automated Data Platform
The increasing concerns over data breaches are expected to drive the growth of the automated data platform market. A data breach occurs when unauthorized individuals gain access to, disclose, or steal sensitive information. Data breaches are caused by weak security measures, human errors, phishing attacks, or software vulnerabilities. Automated data platforms help prevent data breaches by continuously monitoring and analyzing data access patterns, detecting anomalies, and enforcing security protocols in real-time. These platforms automate threat detection and response, minimizing the risk of unauthorized access. For instance, in October 2023, the Identity Theft Resource Center reported that there were 2,116 data breaches in the first three quarters of 2023, surpassing the previous record of 1,862 breaches set in 2021. Consequently, growing concerns over data breaches are propelling the growth of the automated data platform market.
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What is the future CAGR of the automated data platform market, and how will it impact industry expansion?
The automated data platform market has experienced exponential growth in recent years. It is forecasted to grow from $1.99 billion in 2024 to $2.44 billion in 2025 at a CAGR of 22.9%. This past expansion was influenced by the need for data democratization, exponential growth in data generation, stricter data governance and compliance regulations, rising security threats and data breaches, and increased investment in data infrastructure.
The automated data platform market size is projected to witness exponential growth in the coming years. By 2029, it is expected to reach $5.52 billion, expanding at a CAGR of 22.6%. Factors contributing to this growth include the rising need for cost-effective data management, a focus on maintaining high data quality and accuracy, the expansion of e-commerce and online services, an increasing emphasis on personalization, and efforts to enhance customer experiences. Key trends during this period include the adoption of predictive modeling techniques, the shift to remote work and collaboration tools, the rise of customer data platforms, the growth of edge computing, and the increasing adoption of hybrid and multi-cloud strategies.
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What are the most significant trends transforming the automated data platform market today?
Key players in the automated data platform market are focused on creating personalized experience platforms, like hyperscale real-time data platforms, to enhance data processing capabilities. These platforms process vast amounts of real-time data, enabling organizations to make immediate data-driven decisions. For example, in September 2022, Salesforce Inc., a US-based software company, introduced Salesforce Genie, a real-time data platform that powers Salesforce Customer 360. It enables businesses to deliver personalized customer experiences by integrating data from various sources into a single, real-time customer profile, seamlessly integrating with Salesforce's AI and automation tools.
Which key market segments comprise the automated data platform market and drive its revenue growth?
The automated data platformmarket covered in this report is segmented -
1) By Component: Platform, Services
2) By Deployment: On-Premises, Cloud
3) By Enterprise Size: Large Enterprise, Small And Medium Enterprise (SME)
4) By End-Use: Banking, Financial Services And Insurance (BFSI), Healthcare, Retail, Manufacturing, Information Technology (IT) And Telecommunications, Government, Other End-Users
Subsegments:
1) By Platform: Data Integration Platforms, Data Analytics Platforms, Data Management Platforms, Cloud-Based Data Platforms, On-Premise Data Platforms
2) By Services: Consulting Services, Implementation and Integration Services, Data Migration Services, Training and Support Services, Managed Services
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What regions are at the forefront of automated data platform market expansion?
North America was the largest region in the automated data platform market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automated data platform market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the automated data platform market?
Major companies operating in the automated data platform market are Google LLC, Microsoft Corporation, Dell Technologies Inc., Huawei Technologies Co. Ltd., Amazon Web Services (AWS) Inc., Intel Corporation, International Business Machines Corporation, Cisco Systems Inc., Qualcomm Incorporated, Oracle Corporation, Fujitsu Limited, SAP SE, Salesforce, Hewlett Packard Enterprise (HPE), NVIDIA Corporation, Cognizant Technology Solutions, Infosys Limited, Adobe Inc., Wipro Limited, Teradata Corporation, Snowflake Inc., Cloudera Inc., Alteryx Inc., Denodo Technologies, Qubole Inc.
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What Is Covered In The Automated Data Platform Global Market Report?
•Market Size Forecast: Examine the automated data platform market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the automated data platform market for a structured understanding.
•Key Players Overview: Analyze major players in the automated data platform market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the automated data platform market.
•Segment Contributions: Evaluate how different segments drive overall growth in the automated data platform market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the automated data platform market.
•Industry Challenges: Identify potential risks and obstacles affecting the automated data platform market.
•Competitive Landscape: Review strategic developments in the automated data platform market, including expansions, agreements, and new product launches.
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