Data Lake Market size is expected to grow from USD 7.9 billion in 2019 to USD 20.1 billion by 2024
Webersnits03 Sep, 2024Technology
The global Data Lake Market size is expected to grow from USD 7.9 billion in 2019 to USD 20.1 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 20.6% during the forecast period, according to a new report by MarketsandMarkets?. The rising trend of extracting comprehensive insights from consumer data to undertake strategies for gaining a competitive advantage, as well as simplify access of organizational data from departmental silos, mainframe, and legacy systems to drive the growth of the market.
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