0
2021
Autonomous Data Platform Market

Autonomous Data Platform Market

by Component (Platform, Services, Advisory, Integration, Support and Maintenance), Deployment (On-Premise and Cloud), and Organization Size (Small and Medium Enterprise and Large Enterprise) and Industry Vertical (BFSI, Healthcare and Life Sciences, Retail, Manufacturing, Telecommunication and Media, Government and Others): Global Opportunity Analysis and Industry Forecast, 2020-2030
Update Available On-Demand

Report Code: A12522
Pages: 360
Jul 2021 | 1786 Views
Author(s) : Abhijith N
Tables: 154
Charts: 78
  • Formats*:

  • Single User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • It comes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Autonomous Data Platform Market

Request Now !

Autonomous Data Platform Market Statistics - 2030

The global autonomous data platform market size was valued at $622.56 million in 2020, and is projected to reach $4,797.20 million by 2030, registering a CAGR of 22.8% from 2020 to 2030. Fields of artificial intelligence and cloud computing and are advancing day by day, and with these advancements in technology and capabilities, enterprises are getting more and more options to enhance their productivity and efficiency. With faster Artificial Intelligence capabilities process and workflow, automation speeds can be ramped-up to new levels, more processes can be automated with support from a stronger artificial intelligence. Moreover, growing advancements in the field of cloud computing are enabling businesses to enjoy faster, reliable, and more efficient storage and computing solutions for their businesses. These advances are building a strong foundation for the growth of the global autonomous data platform market.

In 2020, the global autonomous data platform market share was dominated by the platform segment, and is expected to maintain its dominance in the upcoming years, as developments in technology such as the deployment of web and cloud-based platforms, increased the need for analytics has contributed to the growth of the market. In addition, the introduction of actionable intelligence to reduce data loss, and the prioritization of network-based paradigms are some of the other factors that are bringing a positive outlook on market development.

Global-Autonomous-data-Platform-Market

The importance of services is equal to the amount of data to be created and stored. The organization has very sensitive data due to viruses, and corruption of files can cause data to be lost. To mitigate this phenomenon, enterprises are focusing on adopting a data backup and recovery platform, which drives the growth of the data backup and recovery market. A growing number of large and medium-sized enterprises have very large data, they need to store, backup, and recover, and so there is a growing demand for the data platform market.

An increase in inconsistent data generated across organizations in several European countries has led to the rise in adoption of autonomous data platforms and services within the region. Enterprises in Europe face data-related challenges in meeting the stress of worldwide businesses and simultaneously handling regulatory requirements. New technologies and business models are being rapidly introduced to the electronic control unit (ECU) market for the dynamic business needs of enterprises. Constant technological innovation within the region resulted in changing customer preferences and therefore, the evolution of latest technologies, which, in turn, change the business models in data-driven industries. Large enterprises during this region are deploying autonomous data platforms and services to extract valuable insights from data repositories.

Germany, France, and the UK are expected to form the very best contribution to the market’s growth during this region. The rationale for this is often due to increase in inconsistent data generated across enterprises. Introduction of latest technologies and therefore the changes in business-models of industries have also driven the Autonomous Data Platform market growth during this region.

The report focuses on the growth prospects, restraints, and Autonomous Data Platform market analysis. The study provides Porter’s five forces analysis of the network security industry to understand impact of various factors such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers on the Autonomous Data Platform market trends.

Segment review

The autonomous data platform market is mainly segmented into component, deployment, organization size, industry vertical and region. Based on component, the market is segmented into platform, services, advisory, integration and support and maintenance. Based on deployment, the market is segmented into on-premise and cloud. Based on organization size the market is segmented into small and medium enterprise and large enterprise. By industry vertical, the market is segmented into BFSI, healthcare and life sciences, retail, manufacturing, telecommunication and media, government and others. By region, it is analyzed across North America, Europe, Asia Pacific and LAMEA.

Impact of COVID-19 on Autonomous Data Platform Market-

Post COVID-19, the size of the global autonomous data platform market forecast is estimated to be $754.5 million in 2021, and is projected to reach $4,797 million by 2030. 

The worldwide COVID-19 pandemic has had a massively beneficial influence on the global autonomous data platform industry, which is projected to increase following the COVID-19 pandemic. This is due to rapid spread of coronavirus throughout the world as well as work-from-home regulations created to prevent the virus's spread by reducing interactions. As a result, many firms invested in autonomous data platform solutions to simplify and speed-up productivity in business enterprises.

Furthermore, increasing network dependence and network load during the pandemic also paved the way for further growth of autonomous data platform industry during the period.

As the number of COVID cases increased during the pandemic, organizations became more reliant on cloud environments to process, analyze, and share internal data to employees who were now working remotely, due to restrictions imposed by various governments to stop the spread of the coronavirus, which benefited the autonomous data platform market. During the pandemic, applications of autonomous data platform solutions rose in relevance as advanced analytical tools were put to use and autonomous operations were substantially prioritized, due to restricted staff availability and network rights granted to them during their work-from-home time.

Furthermore, during the COVID-19 epidemic, many firms' client services had to be moved online, either entirely or partially. This enhanced the importance of the IT departments of these companies. During the pandemic, autonomous data platforms were relieving the burden in such companies, contributing to the growth of the worldwide autonomous data platform market.

Top impacting factors    

Factors such as increasing adoption of private and hybrid cloud in modern business enterprises and growing digital production is primarily driving the market growth. However, complex and costlier integration and limited support and customization is mainly restraining the market growth. Further, data heavy fast-paced business world and its growing need for quicker analysis and advancements in the field of AI and cloud computing is estimated to create a lucrative opportunity for the market growth.

Increasing adoption of private and hybrid cloud in modern business enterprises

As cloud application trends become more and more common in modern-day businesses, and enterprise data being primarily stored in hybrid and public clouds, autonomous data platforms are increasing their applications in such cloud-based businesses. Autonomous data platforms are offering ways to analyze, share, and combine crucial data more securely and with much more speed than traditional enterprise data warehouse solutions

Autonomous Data Platform Market
By Component

Your browser does not support the canvas element.

Advisory segment is projected as one of the most lucrative segments.

Get more information on this report : Request Sample Pages

As per a survey published by IDG, more than 90% of the participants reported having some part of their business operating through the cloud, with 9% of them having business completely on the cloud and 29% with most of their business operations based on cloud environments. This study showcases the cloud trends in the business world today, and with the growth of the cloud, the need for autonomous data platforms also increases for a faster data exchange and extraction.

Advancements in the field of AI and cloud computing

Fields of Artificial Intelligence and cloud computing and are advancing day by day, and with these advancements in technology and capabilities, enterprises are getting more options to enhance their productivity and efficiency. With faster Artificial Intelligence capabilities process and workflow, automation speeds can be ramped up to new levels, more processes can be automated with support from a stronger artificial intelligence. Moreover, growing advancements in the field of cloud computing are enabling businesses to enjoy faster, reliable, and more efficient storage and computing solutions for their businesses. These advances are building a strong foundation for the growth of the global autonomous data platform market.

Autonomous Data Platform Market
By Region

2030
North America 
Europe
Asia-pacific
Lamea

APAC is projected as one of the most significant region.

Get more information on this report : Request Sample Pages

Key Benefits For Stakeholders

  • The study provides an in-depth analysis of the autonomous data platform market along with current trends and future estimations to elucidate imminent investment pockets.
  • Information about key drivers, restraints, and Autonomous Data Platform Market opportunity and their impact analysis on the market size is provided in the report.
  • Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
  • The quantitative analysis of autonomous data platform market for the period 2020–2030 is provided to determine the market potential.

Key Market Segments

By Component

  • Platform
  • Services
  • Advisory
  • Integration
  • Support and Maintenance

By Deployment 

  • On-premise
  • Cloud

By Organization Size

  • Large Enterprise
  • Small and Medium Enterprise

By Industry Vertical

  • BFSI
  • Healthcare and Life Sciences
  • Retail
  • Manufacturing
  • Telecommunication and Media
  • Government
  • Others

By Region

  • North America
    • U.S.
    • Canada
  • Europe 
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • Russia
    • Rest of Europe
  • Asia-Pacific 
    • China
    • India
    • Japan
    • India
    • Australia
    • South Korea
    • Southeast Asia
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Market Players

  • Oracle
  • AWS
  • Teradata
  • IBM
  • MAPR
  • Cloudera
  • Qubole Inc.
  • Ataccama
  • Gemini Data
  • Denodo
 

Loading Table Of Content...


 
 

According to CXOs of the major companies, the network security market is experiencing a rapid growth, owing to increasing adoption of private and hybrid cloud in modern business enterprises. As cloud application trends become more common in modern-day businesses, and enterprise data being primarily stored on hybrid and public clouds, autonomous data platforms are increasing their applications in such cloud-based businesses. Autonomous data platforms are offering ways to analyze, share, and combine crucial data more securely and with much more speed than traditional enterprise data warehouse solutions

As per a survey published by IDG, more than 90% of the participants reported having some part of their business operating through the cloud, with 9% of them having business completely on the cloud and 29% with most of their business operations based on cloud environments. This study showcases the cloud trends in the business world today, and with the growth of the cloud, the need for autonomous data platforms also increases for a faster data exchange and extraction.

Automation of business operations is offering top management and businesses executives’ new options to reduce losses while improving efficiency and maximizing workflow processes in ordinary day-to-day business operations. The whole process may be automated with the aid of Artificial Intelligence boosting a corporate organization's regular IT operations, allowing businesses to reallocate their human capital to things that are more reliant on manual processing and functioning. Furthermore, large-scale automation in businesses can decrease the risks of mistakes introduced by manual human processes. These reasons are getting more concrete as the capabilities of the autonomous data platforms develop, implying a significant market growth in the next years.

The autonomous data platform market is competitive and comprises a number of regional and global vendors competing based on factors such as cost of solutions & services, reliability, efficiency of products, and support services. The market is concentrated with major players consuming 45-50% of the share. The degree of concentration is expected to remain same during the forecast period. Furthermore, powerful processing units and storage solutions that are being developed and launched are also widening the market scope for autonomous data platform solutions to widen their reach in the modern business operations architecture.

PURCHASE OPTIONS

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
RELATED TAGS

Purchase Full Report of
Autonomous Data Platform Market

Start reading instantly.
This Report and over 19,271+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,713
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
    (Jul 2022 - Jul 2023)
  • Data Pack
  • $4,126
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Jul 2022 - Jul 2023)
  • Single User
  • $5,770
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Jul 2022 - Jul 2023)
  • Five Users
  • $6,930
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Jul 2022 - Jul 2023)
  • Enterprise
    License/PDF

  • $10,665
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Jul 2022 - Jul 2023)
  • Library
    Membership

  • $ 999
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

RELATED REPORTS
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers