What is Enterprise Data Lake?
In today’s lively business environment, new data consumption requirements, and use cases emerge extremely rapidly. The data lake is increasingly being used to describe any large data pool in which the data supplies are not defined until the data is queried is booming the market demands. Enterprise data lake is designed to provide the necessary foundation to apparent way the enterprise-wide data access problem at its roots. Data lakes provide various benefits like scalability and can accommodate high-speed data. It also offers advanced analytics by utilizing the availability of large quantities of coherent data.
The market study is broken down, by Application (BFSI, Telecommunication and Information Technology (IT), Retail and eCommerce, Healthcare and Life Sciences, Manufacturing, Energy and Utilities, Media and Entertainment, Government and Others (Travel And Hospitality, Transportation and Logistics, and Education)) and major geographies with country level break-up.
The global Enterprise Data Lake market is fragmented due to the presence of regional and global manufacturers. The level of competition among the companies in the Enterprise Data Lake market is intense and manufacturers focus on developing new technologies and offering customized products to the customers. In the coming years, manufacturers will also develop new partnerships to spread their product reach to more customers globally. Research Analyst at AMA estimates that Players from United States will contribute to the maximum growth of Global Enterprise Data Lake market throughout the predicted period.
Cazena (United States), Google (United States), Infoworks.io (United States), Snowflake (United States), Dremio (United States), TCS (India), IBM (United States), Temenos (Switzerland), Informatica (United States), SAS Institute (United States), Microsoft (United States), Teradata (United States) and Oracle (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Zaloni (United States), Koverse (United States), HPE (United States), Atos (France) and Cloudera (United States).
AdvanceMarketAnalytics has segmented the market of Global Enterprise Data Lake market by Type, Application and Region.
On the basis of geography, the market of Enterprise Data Lake has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Deployment Mode, the sub-segment i.e. On-premises will boost the Enterprise Data Lake market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Components, the sub-segment i.e. Software will boost the Enterprise Data Lake market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Function, the sub-segment i.e. Marketing will boost the Enterprise Data Lake market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Organization size, the sub-segment i.e. Large Enterprises will boost the Enterprise Data Lake market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Demand for cloud-based data platforms to manage and mitigate data issues
- The growing need to extract in-depth insights from growing volumes of data to gain competitive advantage is key driving factor of growth
- Advancement in technologies such as use of AI and analytics is booming the demand for the enterprise data lake.
- lack of metadata in data lake leading to data swamps
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Enterprise Data Lake Developer, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry
About ApproachDuring this study the evaluation and validation of the market size is done through various sources including primary and secondary analysis. AMA Research & Media follows industrial and regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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