In 2023, the value of the media and entertainment market reached 2.83 trillion U.S. dollars, experiencing a growth of five percent compared to 2022. In the following years the growth is set to slow down, but dollar figures are expected reach 3.4 trillion by the end of 2028. Entertainment and media market revenue – additional informationThe entertainment and media market encompasses every broadcasting medium from newspapers, magazines, TV and radio and popular forms of entertainment such as film, music and books.The compound annual growth rate of the entertainment and media spending worldwide has been predicted between 2022 and 2026, by sector. Projections indicated that the sector which will see the most compound annual growth rate will be data consumption, at 26 percent, followed by virtual reality, which will grow by 24 percent during the stated time. In comparison, newspapers and magazines publishing is expected to shrink on an annual basis by two percent in the same period.
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The Hadoop Big Data Analytics Market is segmented Solution (Data Discovery and Visualization (DDV), Advanced Analytics (AA)) End-User Industry (BFSI, Retail, IT and Telecom, Healthcare and Life Sciences, Manufacturing, Media and Entertainment), and Geography (North America (United States, Canada), Europe (United Kingdom, Germany), Asia Pacific (China, Japan), Latin America, Middle East, and Africa).The market sizes and forecasts are provided in terms of value (USD billion) for all the above segments.
Between 2024 and 2028, the entertainment and media market in the United Kingdom is expected to grow at a four percent compound annual growth rate (CAGR) and reach 121 billion British pounds. Shifting consumer habits shape the industry’s future The entertainment and media sector is a dynamic and fast-paced ecosystem that is constantly adapting to the ever-evolving needs and demands of consumers. As such, the industry contains some of the sectors most heavily affected by the coronavirus (COVID-19) pandemic, alongside others that were among its primary beneficiaries. For example, SVOD revenue in the UK jumped by approximately 27 percent amid national lockdowns during the first year of the pandemic, while UK box office revenues simultaneously plummeted by 76 percent. And even though some traditional media formats are already experiencing an uplift in demand and revenues, recovery is not equally as swift across the UK’s entire media and entertainment landscape. Media and entertainment is on a global upward path The continuous growth of the UK market is in line with overarching global industry trends. In 2023, the global entertainment and media market was valued at 2.8 trillion U.S. dollars, and according to the latest projections, this figure will reach 3.4 trillion by 2028. A more in-depth look at the future of the E&M industry reveals that virtual reality, cinema, and data consumption were expected to see the highest growth rates among all media and entertainment segments in the next few years, whereas traditional media such as newspapers are set to experience negative growth.
The total amount of data created, captured, copied, and consumed globally is forecast to increase rapidly, reaching 149 zettabytes in 2024. Over the next five years up to 2028, global data creation is projected to grow to more than 394 zettabytes. In 2020, the amount of data created and replicated reached a new high. The growth was higher than previously expected, caused by the increased demand due to the COVID-19 pandemic, as more people worked and learned from home and used home entertainment options more often. Storage capacity also growing Only a small percentage of this newly created data is kept though, as just two percent of the data produced and consumed in 2020 was saved and retained into 2021. In line with the strong growth of the data volume, the installed base of storage capacity is forecast to increase, growing at a compound annual growth rate of 19.2 percent over the forecast period from 2020 to 2025. In 2020, the installed base of storage capacity reached 6.7 zettabytes.
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Data Lakes Market size was valued at USD 17.21 Billion in 2024 and is projected to reach USD 79.09 Billion by 2031, growing at a CAGR of 21.00% during the forecasted period 2024 to 2031.
The data lakes market is driven by the growing need for organizations to manage and analyze vast amounts of unstructured and structured data for better decision-making and insights. As businesses increasingly rely on big data analytics, machine learning, and artificial intelligence to gain competitive advantages, data lakes provide a scalable and cost-effective solution to store raw data from diverse sources. The rising adoption of cloud-based solutions further fuels the market, as cloud data lakes offer flexibility, agility, and seamless integration with analytics tools. Additionally, the growing emphasis on digital transformation, real-time data processing, and enhanced data governance are key factors pushing the demand for data lakes across industries such as finance, healthcare, retail, and manufacturing.
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United States modular data center market size is projected to exhibit a growth rate (CAGR) of 16.11% during 2024-2032. The rising demand for scalable data storage solutions, the need for quick deployment to support emerging technologies, surging energy efficiency considerations, the decentralization of data processing, the adoption of cloud computing, cost, and increased competition among key players are some of the primary factors propelling the market growth.
Report Attribute
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Key Statistics
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Base Year
| 2023 |
Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Growth Rate (2024-2032) | 16.11% |
A modular data center is a scalable and self-contained facility that houses data processing, storage, and networking equipment within prefabricated, standardized modules. They are designed to be easily transported, deployed, and expanded as needed, making them a flexible solution for various industries. Modular data centers work by integrating all the essential components of a traditional data center into compact units, including power and cooling systems, security measures, and IT infrastructure. They are typically built off-site and then assembled at the desired location, significantly reducing construction time and costs. The primary uses of modular data centers encompass a wide range of applications. They are often employed by organizations that require rapid deployment of IT infrastructure, such as disaster recovery centers, remote or temporary operations, and edge computing facilities. Their modular nature also makes them suitable for companies with fluctuating computing demands, as additional modules can be easily added or removed to match evolving requirements. The advantages of modular data centers include enhanced scalability, energy efficiency, and cost savings. Moreover, modular data centers are designed with energy-efficient technologies and cooling systems, optimizing energy consumption.
The United States modular data center market is influenced by several key drivers, such as the escalating demand for scalable and efficient data storage solutions and the burgeoning volume of digital information. Additionally, the need for rapid deployment of data centers to support emerging technologies, such as fifth-generation (5G), edge computing, and the Internet of Things (IoT) applications, has further fueled the market growth. In line with this, businesses are turning to modular data centers that are designed for optimal energy consumption and are equipped with advanced cooling systems, which is boosting the market growth. Moreover, the ongoing trend towards remote work and the decentralization of data processing has prompted organizations to invest in modular data centers that can be strategically placed closer to end-users, enhancing latency-sensitive applications, which is supporting the market growth. Apart from this, the increasing adoption of cloud computing and the consequent need for hybrid and edge data centers are among the key drivers, as they require flexible and scalable infrastructure solutions, is propelling the facility demand.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on component, data center size, application, and industry vertical.
Component Insights:
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The report has provided a detailed breakup and analysis of the market based on the component. This includes solutions (all-in-one module and individual module) and services (design and consulting, integration and deployment, and support and maintenance).
Data Center Size Insights:
A detailed breakup and analysis of the market based on data center size have also been provided in the report. This includes small and medium-sized data centers and large data centers.
Application Insights:
The report has provided a detailed breakup and analysis of the market based on the application. This includes disaster backup, high performance/ edge computing, data center expansion, and starter data centers.
Industry Vertical Insights:
A detailed breakup and analysis of the market based on industry vertical have also been provided in the report. This includes BFSI, IT and telecom, retail and manufacturing, healthcare, energy, media and entertainment, government and defense, and others.
Regional Insights:
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The report has also provided a comprehensive analysis of all the major regional markets, which include the Northeast, Midwest, South, and West.
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the key players include:
(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Million |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Components Covered |
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The global data wrangling market size was valued at USD 3.44 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 11.72 Billion by 2033, exhibiting a CAGR of 13.87% from 2025-2033. North America currently dominates the market, holding a market share of over 46.0% in 2024, fueled by technological advancements, strong infrastructure, and high demand for efficient data processing and analytics across various industries.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024
| USD 3.44 Billion |
Market Forecast in 2033
| USD 11.72 Billion |
Market Growth Rate 2025-2033 | 13.87% |
IMARC Group provides an analysis of the key trends in each segment of the global data wrangling market, along with forecast at the global, regional, and country levels from 2025-2033. The market has been categorized based on component, deployment mode, organization size, business function, and industry vertical.
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[231+ Pages Report] The global data virtualization market size was valued at USD 3,749.50 million in 2021 and with growth at a CAGR of 18.50% is expected to reach USD 10,372.06 million by 2028.
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The Entertainment And Media Market is projected to grow at 7.4% CAGR, reaching $3825.97 Billion by 2029. Where is the industry heading next? Get the sample report now!
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Business Analytics Market was valued at USD 84.42 Billion in 2024 and is projected to reach USD 176.14 Billion by 2031, growing at a CAGR of 9.63% from 2024 to 2031.
Global Business Analytics Market Drivers
The market drivers for the Business Analytics Market can be influenced by various factors. These may include:
Growing Adoption of Big Data Analytics: In order to extract meaningful insights from their data, organizations are progressively using big data analytics in response to the exponential expansion of data. Making educated decisions through data analysis is facilitated by business analytics.
Growing Need for Data-driven Decision Making: In order to obtain a competitive edge, businesses are realizing the significance of data-driven decision making. The methods and instruments for data analysis and significant insights extraction for improved decision-making are offered by business analytics.
Growing Need for Predictive and Prescriptive Analytics: Predictive and prescriptive analytics are becoming more and more in demand as a means of projecting future trends and results. Businesses can use business analytics to prescribe activities to achieve desired outcomes and forecast future outcomes based on previous data.
Growing Emphasis on Customer Analytics: As e-commerce and digital marketing gain traction, companies are putting more of an emphasis on comprehending the behavior and preferences of their customers. In order to increase consumer engagement and personalize marketing efforts, business analytics is used to analyze customer data.
Emergence of Advanced Technologies: The use of advanced analytics solutions is being propelled by developments in fields like artificial intelligence (AI), machine learning (ML), and natural language processing (NLP). Businesses may now analyze data more effectively and gain deeper insights thanks to these technologies.
Operational Efficiency and Cost Optimization Are Necessary: Companies are always under pressure to increase operational efficiency and reduce costs. Business analytics promotes market expansion by assisting in the identification of opportunities for process and cost-cutting enhancements.
Compliance and Regulatory Requirements: The use of business analytics solutions for risk management and compliance reporting is being fueled by the growing regulatory requirements in a number of industries, including healthcare, banking, and retail.
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The global modular data center market size reached USD 32.6 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 102.5 Billion by 2033, exhibiting a growth rate (CAGR) of 12.89% during 2025-2033.
Report Attribute
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Key Statistics
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Base Year
| 2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 32.6 Billion |
Market Forecast in 2033 | USD 102.5 Billion |
Market Growth Rate (2025-2033) | 12.89% |
IMARC Group provides an analysis of the key trends in each sub-segment of the global modular data center market report, along with forecasts at the global, regional and country level from 2025-2033. Our report has categorized the market based on component, data center size, application, and industry vertical.
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MLOps Market size was valued at USD 1,902.50 Million in 2023 and is projected to reach USD 23,945.95 Million by 2030. The Market is projected to grow at a CAGR of 37.22% from 2024 to 2030.
Global MLOps Market Overview
In the dynamic landscape of machine learning (ML), where teams of data scientists, engineers, and operations professionals collaborate to bring models from development to production, the standardization of ML processes plays a pivotal role. This trend towards standardization not only enhances teamwork but also serves as a market driver for the MLOps sector.
Standardization ensures a consistent approach to ML workflows, reducing the risk of errors and enhancing repeatability. This is especially critical in scenarios where multiple team members are involved in different stages of the ML lifecycle. For instance, consistent version control practices across data science and IT operations teams can prevent issues during model deployment. Reproducibility is a fundamental aspect of scientific research, and it holds true in ML as well. Standardizing processes, including data preprocessing, model training, and evaluation, allows teams to reproduce results reliably. This is essential for validating model performance, conducting experiments, and facilitating collaboration between team members.
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The Saudi Arabian data center power market is experiencing robust growth, projected to reach $211.70 million in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 16.50% from 2025 to 2033. This expansion is fueled by several key drivers. The Kingdom's Vision 2030 initiative, focused on diversifying the economy and developing a robust digital infrastructure, is a primary catalyst. Increased government investment in digital transformation projects across sectors like IT and telecommunications, BFSI (Banking, Financial Services, and Insurance), and government agencies themselves is significantly boosting demand for reliable power solutions within data centers. Furthermore, the burgeoning media and entertainment industry, along with the expansion of e-commerce and cloud computing services, contribute to this market's impressive growth trajectory. The market segmentation reveals strong demand across various power infrastructure solutions, including UPS systems, generators, and power distribution equipment. Key players like ABB, Schneider Electric, and Vertiv are capitalizing on this opportunity, offering a range of sophisticated power solutions tailored to data center requirements. The service segment also contributes significantly, encompassing maintenance, repair, and support services for these critical power systems. However, despite the substantial growth, challenges remain. The market's expansion might be subtly tempered by factors such as potential supply chain disruptions, the need for skilled labor to install and maintain advanced power infrastructure, and regulatory hurdles related to energy efficiency and sustainability standards. Nevertheless, the long-term outlook remains positive, with continued investment in the Kingdom's digital infrastructure and the sustained growth of data-intensive industries expected to drive the market's impressive growth trajectory through 2033 and beyond. The ongoing expansion of 5G networks and the increasing adoption of edge computing will also add further impetus to market expansion. The competitive landscape is dynamic, with both global and regional players vying for market share. Strategic partnerships and technological innovation will likely play significant roles in shaping the market's future dynamics. Recent developments include: April 2024: Vertiv, a significant provider of critical digital infrastructure and continuity solutions, introduced the extension of the Vertiv Liebert GXT5 Lithium-Ion double-conversion, online uninterruptible power supply (UPS) system for 5kVA-10kVA Global Voltage (GV) (200V-240V; Default 230V) applications., January 2024: Caterpillar Inc. partnered with Microsoft and Ballard Power Systems to test the use of large-format hydrogen fuel cells as a reliable and eco-friendly backup power source for multi-megawatt data centers. Hydrogen fuel cells are seen as a possible low-carbon alternative to diesel backup generators, which is expected to drive the growth of DC generators.. Key drivers for this market are: Rising Adoption of Mega Data Centers and Cloud Computing, Increasing Demand to Reduce Operational Costs. Potential restraints include: High Cost of Installation and Maintenance. Notable trends are: Switched PDU is Anticipated to be the Fastest Growing Segment.
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The report covers Global In-Memory Database Market Analysis and it is Segmented by Industry Size (Small and Medium, Large), End User (BFSI, Retail, Logistics and Transportation, Entertainment and Media, Healthcare, IT and Telecommunication, Others), and Geography (North America (US, Canada), Europe (Germany, UK, France, and Rest of Europe), Asia Pacific (India, China, Japan, and Rest of Asia-Pacific), and Rest of the World). The market size and forecasts are provided in terms of value (USD) for all the above segments.
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[211+ Pages Report] The global Enterprise Data Management market size is expected to grow from USD 77.5 billion to USD 130.6 billion by 2028, at a CAGR of 9.1% from 2022-2028
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The Data Integration Market is projected to grow at 14.0% CAGR, reaching $25.69 Billion by 2029. Where is the industry heading next? Get the sample report now!
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[228+ Pages Report] The global IT Asset Disposition market size is expected to grow from USD 14.8 billion to USD 24.01 billion by 2028, at a CAGR of 8.40% from 2022-2028
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The Data Warehousing Market is projected to grow at 16.6% CAGR, reaching $69.64 Billion by 2029. Where is the industry heading next? Get the sample report now!
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 44.74(USD Billion) |
MARKET SIZE 2024 | 50.57(USD Billion) |
MARKET SIZE 2032 | 134.9(USD Billion) |
SEGMENTS COVERED | Deployment Model ,Data Type ,Application ,Industry Vertical ,Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | Cloud Adoption Datadriven Decisionmaking Big Data Analytics Adoption Data Security and Compliance Technological Advancements |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | - Amazon Web Services ,- Microsoft ,- Google ,- SAP SE ,- Oracle Corporation ,- IBM ,- Cloudera Inc. ,- Hortonworks Inc. ,- Teradata Corporation ,- Infor ,- SAS Institute Inc ,- Informatica Corporation ,- Software AG ,- Micro Focus International plc ,- Talend SA |
MARKET FORECAST PERIOD | 2024 - 2032 |
KEY MARKET OPPORTUNITIES | Cloudbased data analytics for business intelligence Big data analytics for personalized marketing Realtime data analysis for fraud detection Big data analytics for healthcare diagnostics Cloudbased data storage and processing |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 13.04% (2024 - 2032) |
In 2023, the value of the media and entertainment market reached 2.83 trillion U.S. dollars, experiencing a growth of five percent compared to 2022. In the following years the growth is set to slow down, but dollar figures are expected reach 3.4 trillion by the end of 2028. Entertainment and media market revenue – additional informationThe entertainment and media market encompasses every broadcasting medium from newspapers, magazines, TV and radio and popular forms of entertainment such as film, music and books.The compound annual growth rate of the entertainment and media spending worldwide has been predicted between 2022 and 2026, by sector. Projections indicated that the sector which will see the most compound annual growth rate will be data consumption, at 26 percent, followed by virtual reality, which will grow by 24 percent during the stated time. In comparison, newspapers and magazines publishing is expected to shrink on an annual basis by two percent in the same period.