Press release
Leading Industry Companies Reinforcing Their Presence in the Grid Data Lake Platform Market
Grid Data Lake Platform Market
Projected Market Size and Growth Trajectory of the Grid Data Lake Platform Market
The grid data lake platform market is predicted to reach $53 billion by 2030, growing at a compound annual growth rate (CAGR) of 24.6%. Factors contributing to this impressive growth include the rising adoption of AI-powered analytics, the expansion of cloud and hybrid deployment models, and the increase in distributed grid infrastructure. Additionally, greater focus on data security, compliance requirements, and the growing need for workflow automation and metadata management are propelling the market forward. Key trends expected to influence the industry over the forecast period involve real-time data processing, distributed data management, high-performance analytics, stringent data governance, compliance, and unified data integration strategies.
Download a free sample of the grid data lake platform market report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=32647&type=smp&utm_source=OpenPR&utm_medium=Paid&utm_campaign=Feb_PR
Emerging Leaders in the Grid Data Lake Platform Market
The market features a range of prominent companies actively shaping its future. Leading players include Amazon Web Services Inc. (AWS), Google LLC, Microsoft Corporation, Alibaba Cloud Computing Ltd., Tencent Cloud Computing, Dell Technologies Inc., Hitachi Vantara Corporation, International Business Machines Corporation (IBM), Oracle Corporation, SAP SE, Hewlett Packard Enterprise Company (HPE), Atos SE, NetApp Inc., Snowflake Inc., Databricks Inc., Palantir Technologies Inc., Teradata Corporation, Informatica LLC, Cloudera Inc., and Huawei Cloud Computing Technologies Co. Ltd.
Key Acquisition to Strengthen Market Positioning
In September 2025, Italy-based Gridspertise, a specialist in smart grid digitalization and platform solutions, acquired the Netherlands-based Energyworx. While the financial terms were not disclosed, this strategic acquisition aims to enhance Gridspertise's grid data lake platform and energy data management capabilities. By integrating Energyworx's cloud-native energy data management and analytics technologies, Gridspertise is better equipped to support utilities in real-time data processing, scalability, and the digital transformation of smart grids.
View the full grid data lake platform market report:
https://www.thebusinessresearchcompany.com/report/grid-data-lake-platform-market-report?utm_source=OpenPR&utm_medium=Paid&utm_campaign=Feb_PR
Innovative Trends Driving the Grid Data Lake Platform Industry
Industry leaders are focusing on developing AI-enabled, unified data lakehouse platforms to meet sector-specific needs. These data intelligence platforms combine integrated data and analytics tailored to the operational, regulatory, and data demands of particular industries. This enables real-time analytics, advanced artificial intelligence applications, and data-driven decision-making within grid and energy operations.
An example of this innovation occurred in April 2024 when US-based Databricks Inc. launched the Data Intelligence Platform for Energy. Built on an open lakehouse architecture, this platform enables organizations to ingest and analyze large volumes of grid, asset, environmental, and customer data in real time. It also facilitates the secure development of machine learning and generative AI applications. The platform supports vital use cases such as real-time asset performance management, predictive maintenance, renewable energy forecasting, and proactive grid optimization using advanced metering infrastructure (AMI) data. These capabilities help energy operators minimize unplanned downtime, enhance grid reliability, and promote sustainability.
Comprehensive Overview of Grid Data Lake Platform Market Segments
This market is categorized into several segments to provide a detailed view:
1) By Component: Software, Hardware, Services
2) By Deployment Mode: On-Premises, Cloud-Based, Hybrid
3) By Organization Size: Small and Medium Enterprises, Large Enterprises
4) By Application: Data Integration, Data Analytics, Data Governance, Data Security, Other Applications
5) By End-User: Banking, Financial Services, and Insurance; Healthcare; Information Technology and Telecommunications; Retail; Manufacturing; Government; Other End Users
Further subsegments include:
- Software: Data Ingestion Tools, Data Transformation Software, Data Analytics Platforms, Data Visualization Tools, Metadata Management Software, Workflow Automation Software, Data Security and Access Control
- Hardware: High Performance Servers, Storage Systems, Networking Devices, Edge Computing Devices, Data Processing Units, Backup and Recovery Hardware
- Services: Implementation and Integration Services, Consulting and Advisory Services, Training and Education Services, Support and Maintenance Services, Managed Data Lake Services, Custom Solution Development
This structured segmentation provides a comprehensive understanding of the various components and applications that drive the grid data lake platform industry forward.
Reach out to us:
The Business Research Company: https://www.thebusinessresearchcompany.com/,
Americas +1 310-496-7795,
Europe +44 7882 955267,
Asia & Others +44 7882 955267 & +91 8897263534,
Email us at info@tbrc.info.
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
With over 17500+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Leading Industry Companies Reinforcing Their Presence in the Grid Data Lake Platform Market here
News-ID: 4394973 • Views: …
More Releases from The Business Research Company
Leading Companies Increasing Their Presence in the Intraosseous Infusion Devices …
The intraosseous infusion devices market is positioned for significant expansion as healthcare providers increasingly adopt innovative solutions to improve emergency vascular access. With advancements in technology and growing integration within clinical protocols, this sector is expected to experience steady growth through the end of the decade. Let's explore the market value projections, key drivers, prominent players, emerging trends, and critical segments influencing this market.
Projected Market Value and Growth Rates for…
Competitive Landscape: Key Market Leaders and New Entrants in the Instant Tea Pr …
The instant tea premix market is on track for substantial expansion over the coming years, propelled by evolving consumer preferences and innovations in beverage formats. This sector is capturing attention due to its convenience, health benefits, and adaptability to modern lifestyles, setting the stage for continued growth and development.
Strong Outlook for Instant Tea Premix Market Value by 2030
The instant tea premix market is anticipated to reach a value…
Analysis of Key Market Segments Driving the Malted Wheat Flour Industry
The malted wheat flour market is on the cusp of notable expansion, driven by evolving consumer preferences and innovation within the food industry. As demand for specialty and clean-label products rises, this sector is positioned to experience significant growth over the coming years. Let's explore the current market size, key players, important trends, and segmentation details shaping this dynamic market.
Forecasted Expansion and Market Size of Malted Wheat Flour
The…
Segmentation, Major Trends, and Competitive Overview of the Industrial Starch Ma …
The industrial starch market is set to experience significant expansion as demand for versatile and sustainable starch products increases across various industries. Innovations in starch technology and growing environmental awareness are driving interest in biodegradable and clean-label ingredients. Let's explore the current market size, key players, trends, and segment insights that define this evolving sector.
Projected Growth and Market Size of the Industrial Starch Industry
The industrial starch market is…
More Releases for Data
Data Catalog Market: Serving Data Consumers
Data Catalog Market size was valued at US$ 801.10 Mn. in 2022 and the total revenue is expected to grow at a CAGR of 23.2% from 2023 to 2029, reaching nearly US$ 3451.16 Mn.
Data Catalog Market Report Scope and Research Methodology
The Data Catalog Market is poised to reach a valuation of US$ 3451.16 million by 2029. A data catalog serves as an organized inventory of an organization's data assets, leveraging…
Big Data Security: Increasing Data Volume and Data Velocity
Big data security is a term used to describe the security of data that is too large or complex to be managed using traditional security methods. Big data security is a growing concern for organizations as the amount of data generated continues to increase. There are a number of challenges associated with securing big data, including the need to store and process data in a secure manner, the need to…
HOW TO TRANSFORM BIG DATA TO SMART DATA USING DATA ENGINEERING?
We are at the cross-roads of a universe that is composed of actors, entities and use-cases; along with the associated data relationships across zillions of business scenarios. Organizations must derive the most out of data, and modern AI platforms can help businesses in this direction. These help ideally turn Big Data into plug-and-play pieces of information that are being widely known as Smart Data.
Specialized components backed up by AI and…
Test Data Management (TDM) Market - test data profiling, test data planning, tes …
The report categorizes the global Test Data Management (TDM) market by top players/brands, region, type, end user, market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
This report studies the global market size of Test Data Management (TDM) in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption…
Data Prep Market Report 2018: Segmentation by Platform (Self-Service Data Prep, …
Global Data Prep market research report provides company profile for Alteryx, Inc. (U.S.), Informatica (U.S.), International Business Corporation (U.S.), TIBCO Software, Inc. (U.S.), Microsoft Corporation (U.S.), SAS Institute (U.S.), Datawatch Corporation (U.S.), Tableau Software, Inc. (U.S.) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY…
Long Term Data Retention Solutions Market - The Increasing Demand For Big Data W …
Data retention is a technique to store the database of the organization for the future. An organization may retain data for several different reasons. One of the reasons is to act in accordance with state and federal regulations, i.e. information that may be considered old or irrelevant for internal use may need to be retained to comply with the laws of a particular jurisdiction or industry. Another reason is to…
