The Asia-Pacific region's data center colocation market size in 2022 was approximately 25.5 billion U.S. dollars. By 2026, the region's data center colocation market was forecasted to reach 52.2 billion U.S. dollars in size, reflecting a compound annual growth rate of 20 percent between 2022 and 2026.
The global big data market is forecasted to grow to 103 billion U.S. dollars by 2027, more than double its expected market size in 2018. With a share of 45 percent, the software segment would become the large big data market segment by 2027.
What is Big data?
Big data is a term that refers to the kind of data sets that are too large or too complex for traditional data processing applications. It is defined as having one or some of the following characteristics: high volume, high velocity or high variety. Fast-growing mobile data traffic, cloud computing traffic, as well as the rapid development of technologies such as artificial intelligence (AI) and the Internet of Things (IoT) all contribute to the increasing volume and complexity of data sets.
Big data analytics
Advanced analytics tools, such as predictive analytics and data mining, help to extract value from the data and generate new business insights. The global big data and business analytics market was valued at 169 billion U.S. dollars in 2018 and is expected to grow to 274 billion U.S. dollars in 2022. As of November 2018, 45 percent of professionals in the market research industry reportedly used big data analytics as a research method.
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The global data centre UPS market is expected to secure US$ 5,407.8 million in 2023. During the forecast period of 2023 to 2033, the market is likely to exhibit a CAGR of 6.9% while amassing a market value worth US$ 10,571.6, million. The growth of the market can be attributed to the increasing expansion of the consumer electronics sector.
Data Points | Key Statistics |
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Expected Market Value (2023) | US$ 5,407.8 million |
Anticipated Forecast Value (2033) | US$ 10,571.6 ,million |
Projected Growth Rate (2023 to 2033) | 6.9% CAGR |
Report Scope
Attributes | Details |
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Growth Rate | CAGR of 6.9% from 2023 to 2033 |
Market Value in 2023 | US$ 5,407.8 million |
Market Value in 2033 | US$ 10,571.6 ,million |
Base Year for Estimation | 2022 |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | Revenue in US$ million and CAGR from 2023 to 2033 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered |
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Regions Covered |
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Key Countries Profiled |
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Key Companies Profiled |
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Customization | Available Upon Request |
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The global data catalog market is experiencing steady growth, driven by the increasing volume and complexity of enterprise data. As organizations face the challenge of managing multiple data sources and ensuring data quality and governance, the adoption of data catalogs has become increasingly important. According to market research, the total value of the market in 2025 was approximately $2.61 billion, with a projected CAGR of 2.50% from 2025 to 2033. This growth is primarily attributed to the growing need for data-driven decision-making and the proliferation of big data and artificial intelligence (AI) technologies. Key industry trends indicate a growing emphasis on cloud-based data catalog solutions, as well as the integration of AI and machine learning (ML) capabilities. These technologies enhance the automation and efficiency of data cataloging processes, while providing advanced features such as data lineage tracking and data quality monitoring. Furthermore, the convergence of data catalog solutions with other enterprise applications, such as data governance and data analytics platforms, creates opportunities for comprehensive data management and improved data utilization. The competitive landscape is characterized by a mix of established vendors and emerging players, with companies such as Tamr Inc, Collibra NV, TIBCO Software Inc, and IBM Corporation holding significant market share. Ongoing innovations and strategic acquisitions are shaping the market dynamics, as vendors strive to differentiate their offerings and meet evolving customer requirements. The global data catalog market size was valued at USD 2.0 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 24.3% from 2023 to 2030, reaching USD 12.0 billion by 2030. Recent developments include: November 2022 - Amazon EMR customers can now use AWS Glue Data Catalog from their streaming and batch SQL workflows on Flink. The AWS Glue Data Catalog is an Apache Hive metastore-compatible catalog. With this release, Companies can directly run Flink SQL queries against the tables stored in the Data Catalog., September 2022 - Syniti, a global leader in enterprise data management, updated new data quality and catalog capabilities available in its industry-leading Syniti Knowledge Platform, building on the enhancements in data migration and data matching added earlier this year. The Syniti Knowledge Platform now includes data quality, catalog, matching, replication, migration, and governance, all available under one login in a single cloud solution. It provides users with a complete and unified data management platform enabling them to deliver faster and better business outcomes with data they can trust., August 2022 - Oracle Cloud Infrastructure collaborated with Anaconda, the world's most recognized data science platform provider. By permitting and integrating the latter company's repository throughout OCI Machine Learning and Artificial Intelligence services, the collaboration aimed to give safe, open-source Python and R tools and packages.. Key drivers for this market are: Growing adoption of Cloud Based Solutions, Solutions Segment is Expected to Hold a Larger Market Size. Potential restraints include: Lack of Standardization and Security Concerns. Notable trends are: Solutions Segment is Expected to Hold a Larger Market Size.
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The Data Monetization Market size was valued at USD 4.05 billion in 2023 and is projected to reach USD 20.19 billion by 2032, exhibiting a CAGR of 25.8 % during the forecasts period. The data monetization market refers to the actual steps of taking large amounts of unstructured data and transforming them into income-earning products or new business models. Businesses collect data, process and monetize them as information that they are able to sell them to other businesses or use it for the organization’s benefit such as running operations efficiently, making better decisions and making clients’ experiences better. Some of the uses include; selling the compiled consumer data to marketers, providing data services such as predeterminant analysis and letting out copyright consumer data to research firms. The concepts of its use are versatile and can be applied to retail sales, finance, health care, telecommunications, and others. Some important trends of data management are the use of big data and artificial intelligence and machine learning for analysis, burgeoning use of data markets, and legal changes related to data protection and data ownership. Since data is gaining more currency in the management of organizations, the organizations are now employing intelligent technologies and techniques to monetize on the data resources that are available to bring competitive advantage. Recent developments include: In February 2024, Gulp Data announced a partnership with Snowflake that enables organizations to explore, share, and unlock value from their data, providing data valuation, data-backed loans, and data monetization services. , In December 2023, Thales completed the acquisition of Imperva. By providing the most comprehensive solutions for the broadest range of application, data security, and identity use cases, Thales and Imperva will help customers address cybersecurity challenges that are increasing rapidly in frequency, severity, and complexity. , In September 2022, SAS declared SAS Viya on Azure as a powerful data analytics platform available on the Microsoft Azure marketplace. This new offering makes it easier than ever for businesses to gain insights from their data by combining the scalability and flexibility of Azure with the power of SAS Viya. , In March 2022, Domo, Inc. announced Data Apps, a new low-code data tool designed to make data-driven decisions and actions accessible to everyone in an organization. It makes Data Apps more accessible to a wider range of users than traditional BI tools, often specifically designed for executives, managers, and data analysts. , In January 2022, Revelate Data Monetization Corp. formerly known as TickSmith announced a $20 million Series, a funding investment to promote its innovative data-selling platform. Unlike any other product now available, its data web store is a B2B SaaS platform offering an e-commerce data shopping experience by offering all the tools required to prepare, manage, package, and monetize data. .
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The Data As A Service (DaaS) market is projected to reach USD 17.38 billion by 2033, growing at a CAGR of 28.1% from 2025 to 2033. The growth of the DaaS market is primarily driven by the increasing demand for real-time data, the need for cost-effective data management solutions, and the growing adoption of cloud computing services. The public cloud deployment segment is expected to hold the largest market share during the forecast period, owing to the scalability, flexibility, and cost-effectiveness of public cloud services. In terms of enterprise size, the large-scale organization segment is anticipated to dominate the market. The healthcare and retail & e-commerce sectors are expected to be the major end-users of DaaS solutions, driven by the need for data-driven decision-making and personalized customer experiences. Key players in the DaaS market include Amazon.com Inc., Bloomberg L.P., Crunchbase Inc., Google LLC, IBM, Meta Platforms Inc., Nielsen Holdings N.V., Oracle Corporation, SAP SE, Salesforce, Inc., and ZoomInfo Technologies Inc. among others. Recent developments include: In October 2022, Nulogy, a provider of supply chain collaboration solutions, launched its DaaS offering on the Multi-Enterprise Supply Chain Business Network Platform (MESCBN). This new self-serve analytics tool empowers Nulogy users to build advanced analytics capabilities for exploring complex data at scale. With DaaS, clients gain complete control over the end analytics output, enabling data-driven decision-making. , In June 2022, Alibaba established a new subsidiary called Lingyang Intelligent Service Co. to provide "data-intelligence-as-a-service" to businesses. This service aims to aid companies in improving decision-making and operational efficiency by leveraging Alibaba's expertise in using data intelligence for manufacturing, marketing, and other domains. , In September 2022, Asigra Inc., a pioneer in ultra-secure backup and recovery solutions, announced the general availability of its Tigris Data Protection software with Content Disarm & Reconstruction (CDR) functionality. This addition makes Asigra's backup and recovery platform the most security-focused solution on the market, complementing its existing suite of robust security features. , In June 2022, IMAT Solutions, a provider of real-time healthcare data management and population health reporting solutions, launched a new DaaS offering tailored for health payers. This new DaaS solution aligns with the Centers for Medicare & Medicaid Services' (CMS) initiative to transition all quality measures used in its reporting programs to digital quality measures (dQMs). The IMAT DaaS offering ingests patient data from various sources and converts it into FHIR-based records, simplifying the process for payers. .
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The size of the Northern California Data Center Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 8.50% during the forecast period.The Northern California Data Center Market is an important market for the technology industry, mainly focused in Silicon Valley. Data centers are specialized facilities housing and operating computer systems and associated components, including telecommunications and storage systems. They enable businesses and organizations to store, process, and manage huge amounts of data, powering crucial services such as cloud computing, e-commerce, social media, and financial transactions. The region has a strong technology ecosystem, along with good infrastructure and access to skilled talent, making it a very attractive location for data center development and operations. Recent developments include: October 2022: Northern California, also known as Silicon Valley, ranked second for Data Center leasing activity in the first half of 2022. The region increased its capacity by 10% supply in H1 2022. However, it experienced record-low vacancy at 1.3%; silicon valley remains the tightest data center market in the U.S., April 2023: RICloud entered the data center market in San Jose in 2021. Silicon Valley now has 17 similar facilities under construction in the region. This has increased the capacity of silicon valley by a whopping 688MW which is in the works., January 2022: Prime Data Centers publicized its plans for the site on Comstock Street in Santa Clara, next to its current assets. The construction is anticipated to begin in the second half of 2023; the facility is expected to have a total of 9MW capacity at 74,000 sf.. Key drivers for this market are: Growing Adoption of Cloud Services is expected to flourish the market, Increasing Growth in Wholesale Datacenter Multi-tenant Spaces to propel demand (albeit from a lower base); Increased Emphasis on Compliance with Data Regulations and Cost-Effective Nature of Multi-tenant Facilities to Drive Adoption among SME's. Potential restraints include: Dependence on Regulatory Landscape & Stringent Security Requirements. Notable trends are: Growing cloud applications, AI, and Big Data are expected to fuel the market growth.
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The global data acquisition (DAQ) system market was valued at USD 1.69 billion in 2021 and is expected to grow at a CAGR of 5.4% during the forecast period.
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The global data science platform market was valued at USD 95.31 billion in 2021 and is expected to grow at a CAGR of 27.6% during the forecast period.
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As per Cognitive Market Research's latest published report, the Global Virtual Data Room market size was USD 1.83 Billion in 2022 and it is forecasted to reach USD 4.65 Billion by 2030. Virtual Data Room Industry's Compound Annual Growth Rate will be 14.5% from 2023 to 2030. Factors Affecting on Virtual Data Room Market Growth
With the increasing volume of sensitive data being shared during complex business transactions, there is a growing need for secure and efficient data-sharing solutions. VDRs offer a highly secure and convenient way for businesses to share confidential information with multiple parties, thereby driving the growth of the VDR market. The increasing adoption of cloud-based technologies is also driving the growth of the VDR market. VDRs are typically cloud-based solutions, which offer greater scalability, accessibility, and cost-effectiveness compared to traditional physical data rooms.
High cost and data security concerns acts as restraints of the virtual data room market
VDRs can be expensive to implement and maintain, particularly for small and medium-sized businesses. This can limit the adoption of VDRs, particularly among businesses that are cost-sensitive or have limited budgets. Although VDRs offer robust security features, there is still concern among businesses about the potential for data breaches and unauthorized access to sensitive information. This can limit the adoption of VDRs, particularly in industries where data security is of utmost importance, such as finance and healthcare.
The rising adoption of technologies and emerging new markets will drive the virtual data room market growth
VDRs can be integrated with a range of other technologies, including artificial intelligence (AI), machine learning (ML), and blockchain, to provide additional functionality and value to businesses. For example, AI and ML can be used to automate document indexing and classification, while blockchain can be used to provide greater transparency and security in data sharing. With the growing number of VDR vendors in the market, there is a growing emphasis on user experience (UX) and ease of use. VDR vendors that prioritize UX and offer intuitive and user-friendly solutions will be better positioned to capture market share and drive growth. The growing adoption of cloud-based technologies in emerging markets presents a significant opportunity for VDR vendors to expand their global reach. Emerging markets such as Asia-Pacific, Latin America, and the Middle East offer significant growth potential for VDR solutions, particularly as businesses in these regions become more digitally savvy and require secure and efficient data sharing solutions. What is Virtual Data Room?
A virtual data room (VDR) is a secure online repository used for storing, sharing and distributing sensitive documents and data between multiple parties, such as companies, investors, legal advisors, and others. VDRs are typically used during complex business transactions, such as mergers and acquisitions, fundraising rounds, initial public offerings, and legal due diligence, where the confidentiality and security of sensitive information are crucial. VDRs provide a highly secure environment for managing and sharing confidential information, with access controls, data encryption, and other security features that ensure only authorized users can access and view the documents. VDRs also offer a range of collaboration and communication tools, such as document version control, Q&A forums, and audit trails, that help streamline the due diligence process and increase transparency and accountability between the parties involved.
The statistic depicts a forecast of the Hadoop and big data market, from 2015 to 2020. In 2015, the Hadoop and big data market was valued at **** billion U.S. dollars worldwide.
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The global data fabric market was valued at USD 1.12 billion in 2021 and is expected to grow at a CAGR of 26.4% during the forecast period.
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The global data preparation tools market was valued at USD 3.13 billion in 2021 and is growing at a CAGR of 18.5% during the forecast period.
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As per Cognitive Market Research's latest published report, the Global Customer Data Platform market size was USD 1.32 billion in 2022 and it is forecasted to reach USD 7.34 billion by 2030. Customer Data Platform Industry's Compound Annual Growth Rate will be 26.2% from 2023 to 2030. What is Driving Customer Data Platform Market?
Increasing awareness regarding the features and benefits of customer data platforms, and growing demand for telemedicine are the major driving factors for the customer data platform. Growing investment by companies in advertising & marketing activities and increasing funding and investments by the different organizations in customer data platforms are expected to create immense opportunities for market growth. However, huge investment is needed for the adoption of customer data platforms, which can hinder the growth of the market. What is Customer Data Platform?
A customer data platform (CDP) is software that collects and unifies first-party customer data from multiple sources—to build a single, coherent, complete view of each customer. Data is gathered using this program from several touchpoints, including emails, websites, Facebook, and others. Customer data is required for CDP to operate, and this data is in the form of first-party data, which is information gathered by a firm and only utilized for its marketing.
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The global big data analytics market size was valued at $307.52 billion in 2023 & is projected to grow from $348.21 billion in 2024 to $961.89 billion by 2032
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Global tactical data link market share was estimated at USD 7.87 billion in 2021 and is expected to grow at a CAGR of 4.72% during the forecast period.
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The size of the Los Angeles Data Center market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 4.50% during the forecast period.The Los Angeles Data Center Market is one of the most critical centers for data storage and processing in the United States. This is because of growing demand for cloud computing, artificial intelligence, and other data-intensive technologies.A data center is a place or building, which is used for computer systems and their elements, such as telecom and storage facilities. Data centers help firms and organizations to store and manage their huge amounts of data fully securely and effectively. Data centers play a very important role in many applications, including e-commerce, financial transactions, social media, and scientific researches.Such factors as strategic location, robust infrastructure, and skilled talent availability make the Los Angeles market highly valuable for investment. It acts as a gateway between North America and Asia, thereby creating a perfect geographical match for companies seeking to expand their global reach. The further growth of this market will be fuelled by the increasing adoption of cloud computing and the growing need for data storage and processing. Recent developments include: December 2022: The floating data centers of Nautilus Data Technologies will be brought to Los Angeles. The additions show that its novel strategy of utilizing a water-based platform that taps seas, bays, and rivers to reduce the cost of cooling servers is gaining traction. The new data centers will be housed in port facilities on custom-built barges, with backup equipment on land. Both locations will host a 7.5-megawatt data center, with power and water agreements already in place., June 2022: Prime Data Centres is expanding into the Los Angeles market. Prime will construct a 261,000-square-foot facility and a 49.5MVA electric substation to serve the new site, offering its tenants up to 33 megawatts (MW) of vital power once completed. Vernon's municipally owned and run electric utility (VPU) provides power supply and has some of the lowest retail utility prices in the region. Prime intends to construct the facility as soon as the fourth quarter of 2023.. Key drivers for this market are: Growing Adoption of Cloud Services is expected to flourish the market, Increasing Growth in Wholesale Datacenter Multi-tenant Spaces to propel demand (albeit from a lower base); Increased Emphasis on Compliance with Data Regulations and Cost-Effective Nature of Multi-tenant Facilities to Drive Adoption among SME's. Potential restraints include: Dependence on Regulatory Landscape & Stringent Security Requirements. Notable trends are: Growing Cloud Applications, AI, and Big Data.
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The Alternative Data Market size was valued at USD 7.20 billion in 2023 and is projected to reach USD 126.50 billion by 2032, exhibiting a CAGR of 50.6 % during the forecasts period. The use and processing of information that is not in financial databases is known as the alternative data market. Such data involves posts in social networks, satellite images, credit card transactions, web traffic and many others. It is mostly used in financial field to make the investment decisions, managing risks and analyzing competitors, giving a more general view on market trends as well as consumers’ attitude. It has been found that there is increasing requirement for the obtaining of data from unconventional sources as firms strive to nose ahead in highly competitive markets. Some current trend are the finding of AI and machine learning to drive large sets of data and the broadening utilization of the so called “Alternative Data” across industries that are not only the finance industry. Recent developments include: In April 2023, Thinknum Alternative Data launched new data fields to its employee sentiment datasets for people analytics teams and investors to use this as an 'employee NPS' proxy, and support highly-rated employers set up interviews through employee referrals. , In September 2022, Thinknum Alternative Data announced its plan to combine data Similarweb, SensorTower, Thinknum, Caplight, and Pathmatics with Lagoon, a sophisticated infrastructure platform to deliver an alternative data source for investment research, due diligence, deal sourcing and origination, and post-acquisition strategies in private markets. , In May 2022, M Science LLC launched a consumer spending trends platform, providing daily, weekly, monthly, and semi-annual visibility into consumer behaviors and competitive benchmarking. The consumer spending platform provided real-time insights into consumer spending patterns for Australian brands and an unparalleled business performance analysis. .
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Analysis from GMI Research finds that the Big Data Analytics in Retail Market earned revenues of USD 4.2 billion in 2022 and estimated to touch USD 18.2 billion in 2030 will grow at a CAGR of 20.1% from 2023-2030
The Asia-Pacific region's data center colocation market size in 2022 was approximately 25.5 billion U.S. dollars. By 2026, the region's data center colocation market was forecasted to reach 52.2 billion U.S. dollars in size, reflecting a compound annual growth rate of 20 percent between 2022 and 2026.