Advance Market Analytics recently introduced Global Data Lakes Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2025. Data Lakes Market explores effective study on varied sections of Industry like opportunities, size, growth, technology, demand and trend of high leading players. It also provides market key statistics on the status of manufacturers, a valuable source of guidance, direction for companies and individuals interested in the industry.
A data lake is a centralized repository that holds a vast amount of raw data which can be structured as well as unstructured data at any scale. It uses a flat architecture to store data and run various types of analytics from dashboards and visualizations to big data processing, real-time analytics and machine learning to guide better decisions. As per IBM, 2.5 Quintillion bytes of data are generated each day. In addition, owing to increase in the usage of smart meters, huge amount of data is being generated which needs the use of Data Lakes. In the United States, a total of 70,823,466 smart meters have been installed according to U.S Energy Information Administration
Major Key Players in This Report Include,
Microsoft Corporation (United States), Informatica Corporation (United States), Teradata (United States), Capgemini (France), IBM (United States), Apple Inc. (United States), EMC Corporation (United States), Oracle Corporation (United States), Atos (France) and SAS Institute (United States)
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Market Trend
- Rising Implementation of Cloud-Based Software and Services
Market Drivers
- Increasing adoption of Data lakes Due to Storing a Wide Variety of Data
- Growing Demand for Hosted Services from Small and Medium Business
Opportunities
- Surge in Trends Related to Big data, Cloud Computing and Telecommunication Sector Worldwide
- Constantly Growing Social Media.
Restraints
- Lack of Transformation from Draditional Data Storage and Analytics Techniques
- Lack of Long-Term Data Governance
- Derth of Data Privacy and Cyber Security Concerns
Challenges
- Lack of Proper Architecture of Data Lake and Raw Data is Stored with No Oversight of the Contents
This research is categorized differently considering the various aspects of this market. It also evaluates the current situation and the future of the market by using the forecast horizon. The forecast is analyzed based on the volume and revenue of this market. The tools used for analyzing the Global Data Lakes Market research report include SWOT analysis.
The titled segments and Market Data Break Down are illuminated below:
The Study Explore the Product Types of Data Lakes Market: Software, Service
Organization Size: Small and Medium Enterprise, Large Enterprise
Processing Type: Machine Learning, Predictive Analytics, Data Discovery
Industry Vertical: Banking, Financial Services and Insurance Industry, Telecommunication & IT, Retail & E-Commerce, Healthcare & Life Sciences, Manufacturing, Government, Energy & Utilities, Media & Entertainment, Others
Software: Data Discovery, Data Integration and Management, Data Lakes Analytics, Data Visualization
Deployment Model: Cloud-Based, On-Premise
Service Type: Managed Services, Professional Services
Top Players in the Market are: Microsoft Corporation (United States), Informatica Corporation (United States), Teradata (United States), Capgemini (France), IBM (United States), Apple Inc. (United States), EMC Corporation (United States), Oracle Corporation (United States), Atos (France) and SAS Institute (United States)
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The regional analysis of Global Data Lakes Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2019-2025.
Strategic Points Covered in Table of Content of Global Data Lakes Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Data Lakes market
Chapter 2: Exclusive Summary – the basic information of the Data Lakes Market.
Chapter 3: Displayingthe Market Dynamics- Drivers, Trends and Challenges of the Data Lakes
Chapter 4: Presenting the Data Lakes Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2013-2018
Chapter 6: Evaluating the leading manufacturers of the Data Lakes market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Data Lakes Market is a valuable source of guidance for individuals and companies.
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
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