openPR Logo
Press release

Data Lakes Market - Industry Shares, Market Strategies and Key Players 2017 - 2025

07-11-2017 03:29 PM CET | IT, New Media & Software

Press release from: TMR Research

Data Lakes Market - Industry Shares, Market Strategies and Key

Global Data Lakes Market: Snapshot

The global data lakes market is driven by a number of factors, such as the need for increased business agility and accessibility, increasing adoption of the Internet of Things, opportunity for in-depth insights in order to gain competitive advantage, low cost and extremely scalable storage, increasing volume and variety of business data, supports multiple software frameworks and programming languages, data agnostic, instantaneous access to all data, and centralization of data. However, there are a few limitation that are challenging the global data lakes market, such as meta-data management, data governance, data security, and the lack of awareness regarding the newer data storage and analytical techniques. All together, the report projects the global data lakes market to expand at a robust CAGR during the forecast period of 2017 to 2025.

This report on the global data lakes market aspires to serve as a credible business document for targeted audiences such as solution vendors, OEMs, system integrators, advisory firms, private equity ground, national regulatory authorities, investment houses, venture capitalists, and equity research firms. The report provides in-depth analysis of all above mentioned factors and based on that, presents estimations of the scenario of the market in 2025. Data lakes makes for an evolving market, which is attracting a number of new companies with technological and financial might, and the report contains profiles of a number of leading companies in order to gauge the opportunities available for the new entrants.

Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=800

Based on type, the global data lakes market can be segmented into software and services. While on the basis of software, the market can be sub-segmented into data discovery, data integration and management, analytics and visualization, whereas on the basis of services, the market can be sub-segmented into managed services and professional services. Based on business function, the global market for data lakes can

Global Data Lakes Market: Overview

A data lake is a data storage and management platform that holds a considerably large amount of raw data in its natural format until needed. A data lake uses a flat architecture to store data and with its assistance, it becomes much easier for data scientists, developers, and analysts to store data of any shape or size, and speed, and do all types of analytics and processing across all kinds of languages and platforms

On the basis of type, the global data lakes market may be segmented into software and service. Based on business function, the market can be classified into operations, marketing, sales, finance, and human Resources. The market can be further segmented into government, BFSI, retail & ecommerce, healthcare & life sciences, telecommunication & IT, manufacturing, energy & utilities, media & entertainment, and others – based on industry vertical.

Request TOC of the Report @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=800

In the report, TMR Research provides a detailed analysis of the drivers and restraints influencing the global data lakes market. It also offers insight into factors impacting the market’s trajectory across various segments and regions.

Global Data Lakes Market: Key Trends

Data technology is much in demand due to various factors such as higher acceptance of Internet of Things (IoT), increased need for business agility and accessibility, and the increasing volume and variety of business data. In addition, switching from outdated data management techniques for storage to advanced techniques and huge flow of unstructured and structured data are positively impacting the market growth. On the contrary, companies operating in the industrial sectors have found that data lakes are inefficient to handle massive scale and complicated industrial data. In order to make quick, critical operational decisions, data lakes are unable to provide the real-time analysis and situational awareness that operators and engineers require, thereby limiting the market growth.

Based on type, services form the key contributor to the global data lakes market, and the segment is expected to grow during the said period. The demand for services is high due to increased requirement for data lake software solutions across organizations. Operations are anticipated to witness a growth in the applications segment because of the rising demand of IoT-enabled technologies. These technologies are mainly used for operations in manufacturing and IT organizations. On the basis of industry vertical, BFSI is projected to account for a large share in the market. Financial service institutes as well as several financial transactions in banks are managed by IT systems, invariably increasing the volume and variety of data, hence driving the growth of global data lakes market.

Read Comprehensive Overview of Report@ https://www.tmrresearch.com/data-lakes-market

Global Data Lakes Market: Regional Analysis

The global data lakes market is segmented on the basis of geography into North America, Europe, the Middle East and Africa, Asia Pacific, and Latin America. Due to early adoption of data management systems and technological advancements, North America has emerged as the chief contributor to the revenue generated by the market for global data lakes, and it is predicted that this region will further grow in the forecast period. Another market that looks promising is Asia Pacific. High adoption of technology and huge opportunities mainly across industry verticals are driving the growth of the market.

Global Data Lakes Market: Key Players

The report profiles some of the prominent competitors functioning in the global data lakes market. It also offers insights into the threats and opportunities that the companies are expected to witness in the coming years. The global market for global data lakes is highly fragmented. Some of the key players are Microsoft Corporation, Capgemini, Informatica Corporation, Teradata, EMC Corporation, Oracle Corporation, SAP SE, Hitachi, Atos, and SAS Institute.

About TMR Research

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth researh of the market, we try to bring about game-changing success for our clients.

Contact :

Rohit Bhisey
Head - Internet Marketing
Tel: +1-415-520-1050
Email: sales@tmrresearch.com

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 Data Lakes Market - Industry Shares, Market Strategies and Key Players 2017 - 2025 here

News-ID: 617944 • Views: 250

More Releases from TMR Research

High Pressure Seals Market Scope, Segmentation, Development and Opportunities wi …
Global High Pressure Seals Market: Snapshot High pressure seals market have evolved rapidly over the course of ten-year period. Broadly, the strides have been stirred by the advent of better composite materials, substantial engineering advances, and changing requirements of end-use industries. Most prominently, new product development avenues have come from the growing use of high pressure seals market in a range of applications in the oil and gas industry. High pressure
Evaporative Condensing Unit Market Newer segments of application 2025
Global Evaporative Condensing Unit Market: Snapshot The applications of evaporative condensers in commercial HVAC have been common over the past few decades. However the recent rate of advancement in this field has been enormous, thanks to the incorporation of newer and better materials, faster and cost-efficient manufacturing processes, and the increasing demand for the perfect HVAC system. The basis of evaporative condensers lies in the enhancement of heat rejection through the
Composites Testing Market Expansion Projected to Gain an Uptick During 2025
Global Composites Testing Market: Snapshot Composite testing is most commonly defined as the testing or analysis of composite materials. Composite and non-metallic materials, such as concrete, fiber-reinforced polymers, thermoplastic composites, shape memory polymer composites, high strain composites, metal matrix composites, ceramic matrix composites, sandwich-structured composite, and wood plastic composite, are becoming increasingly prevalent in various manufacturing applications. Since these materials are highly complex in structure, the need for their accurate and
Polysilicon Market Poised to Garner Maximum Revenues During 2025
Polysilicon Market: Snapshot Polysilicon is an extremely pure form of silicon. Its main application is in the production of solar photovoltaic units, due to its promising semiconductor properties. The rapid growth of the solar photovoltaics sector in recent years is thus the major driver for the polysilicon market. Developed countries in North America and Europe have been leading consumers in the global polysilicon market due to the steady government support to the

All 5 Releases


More Releases for Data

Weather Station Data Logger Collects Meteorological Data
Complete Weather monitoring using an Intelligent Universal Data Logger A construction company needed to collect meteorological data to study the effects of building materials such as roofing tile. CAS DataLoggers provided the dataTaker DT-85 for an environmental monitoring solution. Long-term monitoring of a variety of weather data is required to determine how the products perform under harsh environmental conditions. The field engineer desired a single recording device to connect with
How to turn Data into Smart Data
Both enterprises and individuals have to process some kind of data every day, whether it is a short message, a notification, a piece of news, statistics, a video, etc. If we accumulate all the data acquired in a month, the amount guarantees to shock anyone. Turning data into smart data As we go through the daily pile of data generated, not only must we record it, we also need to make sense
Data Quality and Data Governance Solution Market
In the enterprise data management ecosystem, data quality is a broad term which refers to the quality, integrity, and consistency of data and/or process etc. Data quality also implies the degree of data accuracy and consistency. On the other hand, data governance focusses on the management of data assets by assigning authority, control, and responsibility of data and encompasses three key areas: people, process, and technology. Data quality and data governance
B2B Data Matching Services | Leo Data Services
B2B Data Matching Services - Revolutionary Marketing Campaigns In today's business scenario, managing successfully B2B Data Matching for prospect customer can be a challenge even the most capable organizations. Business to Business Marketing services from Leo Data Services are always customized to meet the needs of the business prospects. We make sure that our clients have quick, reliable access to their data through several possible interface methods that cover everything from data
B2B Data Services - Data Management - Data Providers
When it comes to Online Marketing, B2B Data Services is a well-known name for maintaining reputation among Digital Marketing competitors. It is a one stop shop for start-ups and enterprises looking for cost cutting and out of box solutions in the field of Data Management and services related to Campaign Marketing, Mobile Viral Marketing, Social Media, Search Engine Optimization, Email Marketing Campaigns and Internet Marketing. Sharing space among the well-established
Portable WiFi Data Loggers Record Data Anywhere!
Grant Squirrel Series Offers Reliable Standalone Operation wifi_dataloggersIf you need a device to collect data in the field, in the lab, or on the factory floor, CAS DataLoggers can provide your application with Portable WiFi Data Loggers from Grant Instruments. Common parameters such as Temperature, Humidity, Voltage, Current, Pressure and Force can all be measured and stored using Grant Squirrel series data loggers. These handheld data loggers have internal batteries allowing them