Data Lakes Market to Witness Heightened Revenue Growth during the Forecast Period 2019 – 2027 | Microsoft, Informatica, Teradata, Capgemini, EMC, Oracle, SAP SE, Hitachi, Atos, and SAS Institute
Global data lakes market was valued at US$ 3.24 billion in 2019, and is expected to reach a value of US$ +14.01 billion by 2027 at a CAGR of +27.4%, over the forecast period of 2019-2027. Data Lakes have become an economical option for many companies rather than an option for data warehousing. Data warehousing involves additional computing of data before entering the warehouse, unlike Data Lakes. The cost of maintaining a data Lake is lower than maintaining a data Lake owing to the number of operations involved in building the database for warehouses. The Data Lakes market research report provides an in-depth analysis of the business space in question, alongside a brief gist of the industry segmentation. A highly viable evaluation of the current industry scenario has been presented in the study, and the Data Lakes market size with regards to the remuneration and volume has also been mentioned. The research report, in its entirety, is a basic collection of significant da