MarketsandMarkets forecasts the global data lake market size to grow from USD 7.9 billion in 2019 to USD 20.1 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 20.6% during the forecast period. The major growth factors of the data lake industry include the increasing need to extract in-depth insights from growing volumes of data to gain competitive advantage, and simplified access to organizational data from departmental silos, mainframe, and legacy systems.

The major data lake market vendors include Microsoft (US), Teradata (US), Oracle (US), Atos (France), Cloudera (US), AWS (US), IBM (US), Temenos (Switzerland), Informatica (US), SAS Institute (US), Zaloni (US), Koverse (US), HPE (US), Cazena (US), Google (US), Infoworks.io (US), Snowflake (US), Dremio (US), TCS (India) and Exacaster (Lithuania). These players have adopted various growth strategies, such as partnerships, agreements, and collaborations; and new product launches, to further expand their presence in the global data lake market. Partnerships, new product launches, and product enhancements have been the most dominating strategies adopted by major players from 2017 to 2019, which has helped them to innovate on their offerings and broaden their customer base.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=213787749

Microsoft (US) develops and supports software, services, devices, and solutions. The company’s product offerings include Operating Systems (OS), cross-device productivity applications, server applications, business solution applications, desktop and server management tools, software development tools, and video games. The company designs, manufactures, and sells devices, such as Personal Computers (PCs), tablets, gaming and entertainment consoles, other intelligent devices, and related accessories. It offers a range of services, which include solution support, consulting services, and cloud-based solutions that provide customers with software, services, platforms, and content. In the data lake market, the company offers the Azure Data Lake solution, which comprises of offerings, such as Data Lake Analytics, Azure Data Lake Storage, and HDInsight. Azure Data Lake works with the existing Information Technology (IT) investments to identity, manage, and secure simplified data. It integrates easily with operational stores and data warehouses, enabling the use of current data applications. The solution solves productivity and scalability challenges that prevent users from maximizing the value of their data assets.

AWS (US) offers cloud computing services in the form of web services. The company offers a wide range of products and services to customers present across 190 countries. Its product portfolio comprises segments, such as compute, storage, database, migration, network and content delivery, developer tools, management tools, media services, Machine Learning (ML), and analytics. The solutions segment offers website and web apps, mobile services, backup, storage and archive, financial services, and digital media. AWS caters to verticals, such as media and entertainment, healthcare, government, education, and utilities. In the data lake market, the company offers Data Lake on AWS solution, which stores and registers datasets of any size in their native form in a secure, durable, and highly-scalable Amazon S3. Customers can upload datasets with searchable metadata and integrate with the AWS Glue and Amazon Athena to transform and analyze the uploaded data.

Get more info @ https://www.prnewswire.co.uk/news-releases/data-lake-market-worth-20-1-billion-by-2024-exclusive-report-by-marketsandmarkets-tm--866483039.html

TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 20)
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 MARKET SCOPE
1.3.1 DATA LAKE MARKET: MARKET SEGMENTATION
1.3.2 REGIONAL SCOPE
1.4 YEARS CONSIDERED FOR THE STUDY
1.5 CURRENCY CONSIDERED
1.6 STAKEHOLDERS

2 RESEARCH METHODOLOGY (Page No. - 24)
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.2 PRIMARY DATA
2.1.2.1 Breakup of primary profiles
2.1.2.2 Key industry insights
2.2 MARKET BREAKUP AND DATA TRIANGULATION
2.3 MARKET SIZE ESTIMATION
2.3.1 TOP-DOWN APPROACH
2.3.2 BOTTOM-UP APPROACH
2.4 MARKET FORECAST
2.5 RESEARCH ASSUMPTIONS
2.6 LIMITATIONS OF THE STUDY

3 EXECUTIVE SUMMARY (Page No. - 31)

4 PREMIUM INSIGHTS (Page No. - 38)
4.1 ATTRACTIVE MARKET OPPORTUNITIES IN THE DATA LAKE MARKET
4.2 DATA LAKE MARKET: TOP 3 BUSINESS FUNCTIONS
4.3 DATA LAKE MARKET, BY REGION
4.4 DATA LAKE MARKET IN NORTH AMERICA, BY BUSINESS FUNCTION AND INDUSTRY VERTICAL

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Email: [email protected]