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 United States Data Center Market was valued at USD 50.16 Billion in 2023 and is expected to reach USD 91.29 Billion in 2029 with a CAGR of 10.33% during the forecast period.
Pages | 88 |
Market Size | 2023: USD 50.16 Billion |
Forecast Market Size | 2029: USD 91.29 Billion |
CAGR | 2024-2029: 10.33% |
Fastest Growing Segment | BFSI |
Largest Market | Northeast |
Key Players | 1. Amazon.com, Inc. 2. Microsoft Corporation 3. Alphabet Inc. 4. IBM Corporation 5. Oracle Corporation 6. Equinix, Inc. 7. Digital Realty Trust, Inc. 8. Iron Mountain Inc 9. CoreSite Realty Corporation 10. Nippon Telegraph and Telephone Corporation |
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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United States Mobile Data Market was valued at USD 172 billion in 2024 and is expected to reach USD 233.90 Billion in 2030 and project robust growth in the forecast period with a CAGR of 5.1% through 2030.
Pages | 85 |
Market Size | 2024: USD 172 Billion |
Forecast Market Size | 2030: USD 233.90 Billion |
CAGR | 2025-2030: 5.1% |
Fastest Growing Segment | Wireline |
Largest Market | South US |
Key Players | 1. Verizon Communications Inc. 2. T-Mobile USA, Inc. 3. American Tower Corporation 4. Crown Castle Inc. 5. Comcast Corporation 6. DISH Network L.L.C 7. AT&T Inc. 8. Alphabet Inc. |
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The U.S. data annotation tools market is projected to reach a value of $XX million by 2033, expanding at a CAGR of 22.9% from 2025 to 2033. The market's growth is attributed to the increasing demand for annotated data for machine learning and artificial intelligence applications. Key market drivers include the proliferation of AI and ML technologies, the need for high-quality training data, and the growing adoption of data annotation tools across various industries. The market is segmented by annotation type, vertical, and company. By annotation type, the manual segment held the largest share in 2025. However, the automatic segment is expected to witness the fastest growth over the forecast period due to the advancements in AI and ML algorithms. By vertical, the IT and automotive sectors are expected to remain dominant throughout the study period. Major companies operating in the market include Annotate.com, Appen Limited, CloudApp, Cogito Tech LLC, Deep Systems, Labelbox Inc, and LightTag.
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The enterprise database market size is projected to see significant growth over the coming years, with a valuation of USD 91.5 billion in 2023, and is expected to reach USD 171.1 billion by 2032, growing at a compound annual growth rate (CAGR) of 7.2% during the forecast period. This growth is driven by the increasing demand for efficient data management solutions across various industries and the rise in digital transformation initiatives that require robust database systems. The growth factors include advancements in cloud computing, the growing need for real-time data analytics, and the integration of artificial intelligence and machine learning in data management.
One of the primary growth factors in the enterprise database market is the increasing adoption of cloud-based solutions. Organizations are rapidly moving towards cloud environments due to their scalability, cost-effectiveness, and flexibility. Cloud databases offer better accessibility and reduced infrastructure costs, making them an attractive option for businesses of all sizes. Additionally, with the proliferation of data generated from various sources such as social media, IoT devices, and online transactions, the need for scalable and efficient data storage solutions is more critical than ever. Cloud-based databases provide the requisite infrastructure to handle this data surge efficiently, further propelling market growth.
Another significant driver for the enterprise database market is the rise of big data analytics. As businesses strive to harness the power of data for insights and decision-making, the demand for robust database systems capable of handling large volumes of data has intensified. Enterprises are looking for databases that not only store data but also enable advanced analytics to derive actionable insights. This trend is particularly prevalent in industries like retail, healthcare, and BFSI, where data-driven decisions can lead to improved customer experiences, better risk management, and optimized operations. The integration of artificial intelligence and machine learning with enterprise databases is further enhancing their capabilities, allowing for predictive analytics and automating data processing tasks.
The growing emphasis on data security and compliance is also contributing to the expansion of the enterprise database market. With the increasing incidences of data breaches and stringent regulatory requirements, organizations are prioritizing secure database solutions that offer robust data protection measures. Databases with built-in security features such as encryption, access control, and regular auditing are in high demand. Furthermore, industry-specific compliance standards like GDPR in Europe and HIPAA in the US are driving businesses to invest in databases that ensure compliance and mitigate the risk of penalties, thus fueling market growth.
Regionally, North America is expected to dominate the enterprise database market due to the presence of major technology companies and early adoption of advanced technologies. The Asia Pacific region, however, is anticipated to witness the fastest growth rate during the forecast period, driven by rapid industrialization, the proliferation of SMEs, and increasing investments in digital infrastructure by countries like China, India, and Japan. The growing focus on smart cities and digital transformation initiatives in these countries is further boosting the demand for enterprise databases. Europe also holds a significant share of the market, with widespread adoption of cloud technologies and heightened focus on data privacy and security driving market expansion.
Industrial Databases play a crucial role in the enterprise database market, particularly as industries undergo digital transformation. These databases are designed to manage and process large volumes of industrial data generated from various sources such as manufacturing processes, supply chain operations, and IoT devices. The ability to handle real-time data analytics and provide actionable insights is essential for industries aiming to optimize operations and enhance productivity. As industries continue to adopt smart manufacturing practices, the demand for industrial databases that offer scalability, reliability, and integration with advanced technologies like AI and machine learning is on the rise. This trend is expected to contribute significantly to the growth of the enterprise database market, as businesses seek to leverage data for competitive advantage and operational efficiency.
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The size of the United States Data Center Construction market was valued at USD 13.24 Million in 2023 and is projected to reach USD 23.23 Million by 2032, with an expected CAGR of 8.36% during the forecast period.Overview US Data Center Construction Market Drives Through Growing Demand for Data Storage and Processing Capabilities Growing US data center construction market: Overview This is one of the fastest-growing markets around. Data centers are specialized facilities that are designed to house computer systems and networking equipment so that critical IT infrastructure works safely and reliably. They have become indispensable for any business, organization, or government to store and process these huge amounts of information day in and day out. Data centers accommodate varied applications, including cloud computing, e-commerce, online gaming, artificial intelligence, and the Internet of Things. As far as most firms are becoming more reliant on digital technologies, demand for data center capacity keeps on increasing. America boasts an exceptionally powerful technology infrastructure and a conducive regulatory environment, setting it apart as one of the world's leaders in data center construction. Some factors driving this U.S. data center construction market growth include increased adoption of cloud-based computing services, data-intensive applications, and demand for security and disaster recovery solutions. In addition, with the available skilled labor to support infrastructure development in digital development, this government is taking various initiatives to support the infrastructure of digital development. Recent developments include: In February 2024, in Caldwell County outside of Austin, Texas, Prime Data Centers proposed to construct a USD 1.3 billion data center complex. Such investments from the data center providers will create more demand for DC construction players in the near future., In November 2023, H5 Data Centres announced the expansion of its downtown San Antonio edge data center at 100 Taylor Street as a national colocation and wholesale data center provider. Up to 340 cabinets and up to 1.5 MW of additional UPS capacity will be enabled by the Tier III expansion of colocation space in Turnkey. In 2023, five new telecommunications operators were deploying infrastructure on the data center campus to drive continued growth of the network-rich ecosystem.. Key drivers for this market are: 4., Growing Cloud Applications, AI, and Big Data4.; Rising Adoption of Hyperscale Data Centers. Potential restraints include: 4., Increase in Real Estate Costs. Notable trends are: UPS Systems to Lead the Electrical Infrastructure Segment.
The global big data and business analytics (BDA) market was valued at 168.8 billion U.S. dollars in 2018 and is forecast to grow to 215.7 billion U.S. dollars by 2021. In 2021, more than half of BDA spending will go towards services. IT services is projected to make up around 85 billion U.S. dollars, and business services will account for the remainder. Big data High volume, high velocity and high variety: one or more of these characteristics is used to define big data, the kind of data sets that are too large or too complex for traditional data processing applications. 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. For example, connected IoT devices are projected to generate 79.4 ZBs of data in 2025. Business analytics Advanced analytics tools, such as predictive analytics and data mining, help to extract value from the data and generate business insights. The size of the business intelligence and analytics software application market is forecast to reach around 16.5 billion U.S. dollars in 2022. Growth in this market is driven by a focus on digital transformation, a demand for data visualization dashboards, and an increased adoption of cloud.
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According to Cognitive Market Research, the global Marine Big Data Market size will be USD 1163.8 million in 2025. It will expand at a compound annual growth rate (CAGR) of 13.50% from 2025 to 2033.
North America held the major market share for more than 40% of the global revenue with a market size of USD 430.61 million in 2025 and will grow at a compound annual growth rate (CAGR) of 11.3% from 2025 to 2033.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 337.50 million.
APAC held a market share of around 23% of the global revenue with a market size of USD 279.31 million in 2025 and will grow at a compound annual growth rate (CAGR) of 15.5% from 2025 to 2033.
South America has a market share of more than 5% of the global revenue with a market size of USD 44.22 million in 2025 and will grow at a compound annual growth rate (CAGR) of 12.5% from 2025 to 2033.
Middle East had a market share of around 2% of the global revenue and was estimated at a market size of USD 46.55 million in 2025 and will grow at a compound annual growth rate (CAGR) of 12.8% from 2025 to 2033.
Africa had a market share of around 1% of the global revenue and was estimated at a market size of USD 25.60 million in 2025 and will grow at a compound annual growth rate (CAGR) of 13.2% from 2025 to 2033.
Service category is the fastest growing segment of the Marine Big Data industry
Market Dynamics of Marine Big Data Market
Key Drivers for Marine Big Data Market
Growing Need for Maritime Safety and Security to Boost Market Growth
One of the main factors propelling the marine big data sector is the growing need for maritime safety and security. Safety and security are crucial in the maritime industry because of the hazards and challenges that come with maritime operations. These risks include piracy, ship collisions, natural disasters, and accidents. These solutions contribute significantly to the resolution of these concerns by providing real-time monitoring, analysis, and risk prediction. Big data analytics enable vessel tracking and surveillance on the coast and in the open ocean. By integrating information from satellite images, radar systems, Automatic Identification Systems (AIS), and other sources, stakeholders in the marine industry may efficiently track the movements of boats, identify potential dangers, and take preventative action to ensure safety. These factors encourage market expansion. Thus, the industry will benefit from the expansion and rising demand for maritime safety.
Increasing Need for Digitalization and Improved Cost Effectiveness to Boost Market Growth
The increasing need for digitalization and improved cost-effectiveness in the worldwide marine industry is the main factor driving the quick adoption of maritime big data. Big data technology integration has become crucial as shipping firms, port operators, and maritime service providers deal with mounting pressure to streamline operations, cut fuel use, and adhere to strict environmental standards. Real-time monitoring, predictive maintenance, and route optimization are made possible by digitalization, and they all help to save costs and enhance decision-making. Furthermore, stakeholders are empowered to obtain actionable insights and promote operational excellence with the ability to evaluate enormous amounts of structured and unstructured data from a variety of maritime sources, including sensors, satellites, and onboard systems. The marine industry is rapidly moving toward data-driven tactics because of developments in cloud computing, artificial intelligence, and the Internet of Things.
Restraint Factor for the Marine Big Data Market
Growing Security Concerns Will Prevent Market Growth
The market is being hindered by security concerns. The marine industry handles sensitive data related to port operations, cargo, crew, and vessels. Ensuring data privacy, protection, and compliance with regulations such as the General Data Protection Regulation (GDPR) can be challenging. Concerns about data breaches, illegal access, and possible data exploitation may limit stakeholders' willingness to share and use their data for marine big data applications. This element is preventing the market from growing. This could be a major problem impeding market growth.
Market Trends in Marine Big Data Market
Growing Use of Artificial Intelligence (AI) and Advanced Analytics
One of the ma...
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Market Size statistics on the Fast Food Restaurants industry in United States
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The United States Quick Service Restaurants Market is segmented by Cuisine (Bakeries, Burger, Ice Cream, Meat-based Cuisines, Pizza), by Outlet (Chained Outlets, Independent Outlets) and by Location (Leisure, Lodging, Retail, Standalone, Travel). Market Value in USD is presented. Key data points observed include the number of outlets for each foodservice channel; and, average order value in USD by foodservice channel.
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Home care providers support the overall health and well-being of millions in the US annually. This number has been growing fast, expanding the scale and scope of home care providers in recent years. A rising number of adults 65 and older has been the primary driver behind this, as older adults are at a higher risk of developing a condition or experiencing an injury that limits their ability to perform tasks they once did independently. While changing demographic trends are an overarching trend impacting the health sector, the pandemic has permanently altered the industry's trajectory. Widespread outbreaks at residential facilities in the first year of the pandemic led more people to value remaining in their homes as they age; the interest in aging-in-place has only grown even as pandemic concerns have dissipated as older adults look for options that provide safety and independence. In all, revenue has been expanding at a CAGR of 3.5% to an estimated $153.7 billion over the past five years, including expected growth of 3.2% in 2025. The mounting need for home care services and a shortage of home health aides create a mismatch between supply and demand that limits revenue growth. Shortages, preexisting the pandemic, have worsened as caregivers seek more flexible jobs with higher pay, creating increasingly high turnover that pressures providers to raise wages. Medicare reimbursements to home health agencies have been declining for several years, preventing home health agencies from raising salaries despite shortages. Clients eligible for home care services through insurance face long waiting periods, leading more people to opt for self-directed care, where family members or friends work as paid caregivers. Too few caregivers prevent the industry from fully benefiting from ballooning demand and curtail profit growth. Trends driving growth in recent years will accelerate moving forward, providing massive opportunities for home care providers. How home care providers capitalize on these trends will depend on insurer reimbursements and workforce development. Technology, ranging from wearables to telehealth, will have a more prominent role in the industry as providers look for ways to improve patient care while lessening the burden on staff. Regulatory and financial pressures will maintain consolidation activity, with private equity investment likely to expand as well. A major headwind facing the industry will be the future of Medicare policies and to what extent they cover home health and telehealth services. Revenue will grow at a CAGR of 2.8% to an estimated $176.8 billion over the next five years.
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The United States Data Center Switch Market was valued at USD 9.42 Billion in 2023 and is expected to reach USD 13.41 Billion in 2029 with a CAGR of 5.91% during the forecast period.
Pages | 88 |
Market Size | 2023: USD 9.42 Billion |
Forecast Market Size | 2029: USD 13.41 Billion |
CAGR | 2024-2029: 5.91% |
Fastest Growing Segment | Government |
Largest Market | Northeast |
Key Players | 1. Cisco Systems, Inc. 2. Arista Networks, Inc. 3. Mikrotikls SIA 4. Hewlett Packard Enterprise Company 5. Juniper Networks, Inc. 6. Dell Technologies Inc. 7. Extreme Networks, Inc. 8. Nokia Corporation 9. Huawei Technologies Co., Ltd. 10. ZTE Corporation |
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Cloud Computing Market Growth | Industry Analysis, Size & Forecast Report
Dataset updated: Jun 27, 2024
Dataset authored and provided by: Mordor Intelligence
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Time period covered: 2019 - 2029
Area covered: Global
Variables measured: CAGR, Market size, Market share analysis, Global trends, Industry forecast
Description: The Cloud Computing Market size is estimated at USD 0.68 trillion in 2024, and is expected to reach USD 1.44 trillion by 2029, growing at a CAGR of 16.40% during the forecast period (2024-2029).
Report Attribute
Study Period | 2019-2029 |
Market Size (2024) | USD 0.68 Trillion |
Market Size (2029) | USD 1.44 Trillion |
CAGR (2024 - 2029) | 16.40% |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Quantitative Units: Revenue in USD Billion, Volumes in Units, Pricing in USD
Regions and Countries Covered:
North America | United States, Canada |
Europe | Germany, United Kingdom, Italy, France, Russia, and Rest of Europe |
Asia-Pacific | India, China, Japan, South Korea, and Rest of Asia-Pacific |
Latin America | Brazil, Mexico, Argentina, and Rest of Latin America |
Middle East and Africa | Brazil, Mexico, Argentina, and the Rest of Middle East and Africa |
Industry Segmentation Covered:
By Cloud Computing: IaaS, SaaS, PaaS
By End-User: IT and Telecom, BFSI, Retail and Consumer Goods, Manufacturing, Healthcare, Media and Entertainment
Market Players Covered: Amazon Web Services, Google LLC, Microsoft Corporation, Alibaba Cloud, and Salesforce
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United States Database Security Market was valued at USD 7.6 billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 19.2% through 2029.
Pages | 86 |
Market Size | USD 7.6 Billion |
Forecast Market Size | USD 22 Billion |
CAGR | 19.2% |
Fastest Growing Segment | Cloud |
Largest Market | West US |
Key Players | 1. Oracle Corporation 2. IBM Corporation 3. Microsoft Corporation 4. Broadcom Inc. 5. McAfee, LLC 6. Imperva Inc. 7. Fortinet, Inc. 8. Micro Focus International plc 9. Informatica LLC 10. Protegrity USA, Inc. |
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United States Data Center Fire Detection and Suppression Market has valued at USD 1.6 billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 7.5% through 2029.
Pages | 86 |
Market Size | 2023: USD 1.6 Billion |
Forecast Market Size | 2029: USD 2.49 Billion |
CAGR | 2024-2029: 7.5% |
Fastest Growing Segment | Technical Space/Room Level |
Largest Market | Northeast US |
Key Players | 1. Honeywell International Inc. 2. Siemens AG 3. Johnson Controls International plc 4. SecureTech Innovations, Inc. 5. Data Safeguard Inc. 6. Blaze Technologies LLC 7. Fike Corporation 8. Amerex Corporation |
What will be the Data Center Security Solutions Market Size in 2020?
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Who are the Major Data Center Security Solution Vendors?
To help clients improve their market position, this data center security solutions market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this data center security solutions market analysis report provides information on upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
The market is fragmented. the Growing threat of cyberattacks will offer immense growth opportunities. However, increasing threat landscape, physical security concerns, and cyberattacks bypassing machine learning and the use of AI in cyberattacks may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
This report provides information on the production, sustainability, and prospects of several leading companies, including:
Check Point Software Technologies Ltd.
Cisco Systems Inc.
Honeywell International Inc.
Intel Corp.
International Business Machines Corp.
Johnson Controls International Plc
NortonLifeLock Inc.
Robert Bosch GmbH
Siemens AG
Thales Group
Which are the Key Markets for Data Center Security Solutions?
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The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. North America had the largest market share in the data center security solutions market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The growing popularity of software-defined data centers (SDDC) will significantly influence data center security solutions market growth in this region.
42% of the market’s growth will originate from North America during the forecast period. The US is the key market for data center security solutions in the region. This report provides an accurate prediction of the contribution of all segments to the growth of the data center security solutions market size.
What are the Key Factors Covered in this Data Center Security Solutions Market Report?
CAGR of the market during the forecast period
Detailed information on factors that will drive data center security solutions market growth during the next five years
Precise estimation of the size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the industry across North America, APAC, Europe, South America, and MEA
A thorough analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of data center security solutions market vendors
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The market for artificial intelligence grew beyond *** billion U.S. dollars in 2025, a considerable jump of nearly ** billion compared to 2023. This staggering growth is expected to continue, with the market racing past the trillion U.S. dollar mark in 2031. AI demands data Data management remains the most difficult task of AI-related infrastructure. This challenge takes many forms for AI companies. Some require more specific data, while others have difficulty maintaining and organizing the data their enterprise already possesses. Large international bodies like the EU, the US, and China all have limitations on how much data can be stored outside their borders. Together, these bodies pose significant challenges to data-hungry AI companies. AI could boost productivity growth Both in productivity and labor changes, the U.S. is likely to be heavily impacted by the adoption of AI. This impact need not be purely negative. Labor rotation, if handled correctly, can swiftly move workers to more productive and value-added industries rather than simple manual labor ones. In turn, these industry shifts will lead to a more productive economy. Indeed, AI could boost U.S. labor productivity growth over a 10-year period. This, of course, depends on various factors, such as how powerful the next generation of AI is, the difficulty of tasks it will be able to perform, and the number of workers displaced.
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The North America Data Center Construction Market was valued at USD 76.56 Billion in 2024 and is expected to reach USD 110.76 Billion by 2030 with a CAGR of 6.19% during the forecast period.
Pages | 120 |
Market Size | 2024: USD 76.56 Billion |
Forecast Market Size | 2030: USD 110.76 Billion |
CAGR | 2025-2030: 6.19% |
Fastest Growing Segment | Retrofit/Upgrade |
Largest Market | United States |
Key Players | 1. Amazon Web Services, Inc. 2. Microsoft Corporation 3. Google LLC 4. Equinix, Inc. 5. Digital Realty Trust Inc. 6. NTT DATA, Inc. 7. Vertiv Group Corp. 8. CyrusOne LLO 9. Iron Mountain, Inc. 10. CBRE, Inc. 11. Turner Construction Company 12. Skanska USA Inc. |
The autonomous data platform market share should rise by USD 1.37 billion from 2021 to 2025 at a CAGR of 19.18%.
This autonomous data platform market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by deployment (on-premise and cloud) and geography (North America, Europe, APAC, South America, and MEA). The autonomous data platform market report also offers information on several market vendors, including Alteryx Inc., Ataccama Corp., Cloudera Inc., Denodo Technologies Inc., DvSum Inc., DXC Technology Co., Hewlett Packard Enterprise Co., Idera Inc., International Business Machines Corp., and Oracle Corp. among others.
What will the Autonomous Data Platform Market Size be in 2021?
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Autonomous Data Platform Market: Key Drivers and Trends
The increasing unstructured data from interconnected devices and social media is notably driving the autonomous data platform market growth, although factors such as complex analytical process and managing data quality may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the autonomous data platform industry. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.
This autonomous data platform market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Who are the Major Autonomous Data Platform Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
Alteryx Inc.
Ataccama Corp.
Cloudera Inc.
Denodo Technologies Inc.
DvSum Inc.
DXC Technology Co.
Hewlett Packard Enterprise Co.
Idera Inc.
International Business Machines Corp.
Oracle Corp.
The vendor landscape of the autonomous data platform market entails successful business strategies deployed by the vendors. The autonomous data platform market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the autonomous data platform market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Which are the Key Regions for Autonomous Data Platform Market?
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48% of the market’s growth will originate from North America during the forecast period. US and Canada are the key markets for autonomous data platforms in North America.
The report offers an up-to-date analysis of the geographical composition of the market. North America has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The rising adoption of cognitive computing technology and advanced analytics will facilitate the autonomous data platform market growth in North America over the forecast period. The report offers an up-to-date analysis of the geographical composition of the market, competitive intelligence, and regional opportunities in store for vendors.
What are the Revenue-generating Deployment Segments in the Autonomous Data Platform Market?
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The autonomous data platform market share growth by the on-premise segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.
This report provides an accurate prediction of the contribution of all the segments to the growth of the autonomous data platform market size. Furthermore, our analysts have indicated actionable market insights on post COVID-19 impact on each segment, which is crucial to predict change in consumer demand.
Autonomous Data Platform Mar
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.