0

Autonomous Data Platform Market Expected to Reach $4.79 Billion by 2030

 
2022
Autonomous Data Platform Market

Report Code : A12522

quote The extensive penetration of the web and mobile devices in North America has created possibilities for enterprises to succeed in bent channel partners, clients, and other stakeholders within the region. The widespread use of mobile devices and social media platforms to attach with business partners and clients for giving customized content as per the business necessities of clients has prompted businesses to embrace autonomous data platforms and services. These factors are driving the expansion of the market. In addition, the growing implementation of AI and machine learning to assist in decision-making processes is expected to surge the expansion of the North America autonomous data platform market. Companies specialize in offering the foremost reliable end-user experience and providing the simplest services by using machine-learning technology-based software and services. They leverage the autonomous data platform to research customer-related data and to seek out parameters like cust quote

Abhijith Nair
Research Analyst, ICT at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

According to a recent report published by Allied Market Research, titled, “Autonomous Data Platform Market by Component, Organization Size, Deployment and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2020-2030,” the global autonomous data platform market size was valued at $622 million in 2020, and is projected to reach $4,797 million by 2030, registering a CAGR of 22.8 % from 2020 to 2030.

Today, digital data production and collection are on an all-time high, with loads of data being recorded and exchanged every second of the day. Modern businesses are heavily reliant on this data as they may contain important information about their customers like their payment details, addresses, likes and dislikes, orders, and shopping lists, and others, which help businesses to profile their customers accordingly.

Compiling all this data at a larger scale requires enterprises to employ autonomous data platform solutions to collect, sort, store, and extract such data whenever it is needed. Traditional enterprise warehouses and on-premises data centers might take a significant amount of time analyzing, locating, and giving out said data right on command, but an artificial intelligence powered, and completely autonomous data platform can get through much faster and accurately, thus, increasing the efficiency, and overall speed of modern business enterprises.

In 2019, 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 autonomous data platform market analysis.

The importance of services is equal to the amount of data to be created and stored. The organization has very sensitive data and viruses, and corruption of files can cause loss of data. 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 autonomous data platform market growth.

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 the 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 the autonomous data platform trend during the period.

Key Findings of the Study

  • By component, in 2020, the platform segment was the major shareholder. However, services segment is expected to witness highest growth rate during the forecast period.
  • On the basis of deployment, the local (on-premise) segment accounted for the highest revenue in 2020, however, the cloud segment is expected to witness highest growth rate during the forecast period.
  • On the basis of industry vertical, the telecommunication and media segment accounted for the highest revenue in 2020, however, the healthcare and life science segment is expected to witness highest growth rate during the forecast period.
  • Region wise, the autonomous data platform market trends was dominated by North America. However, Asia-Pacific is expected to witness significant growth in the upcoming years.

Some of the key companies mentioned within the autonomous data platform market report are Oracle Corporation, AWS, Teradata, IBM Corporation, MAPR, Cloudera, Qubole, Inc., Ataccama, Gemini Data, and Denodo.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@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
 
 

First time buyer?
Check offers and discount on this report
To get this report

Click Here
 
 

quote 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 quote

View Report
 
 

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 2,000 niche industries and company profiles on more than 12,000 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.

 
 

WHY ALLIED MARKET RESEARCH?

INFLALLIBLE 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

 

Featured Readings

 
rep-img

Published Date Mar 2024

Hairbrush Market

Download Sample
rep-img

Published Date Mar 2024

Debt Security Market

Download Sample
rep-img

Published Date Mar 2024

Wood Adhesives Market

Download Sample

Buy Full Version
"Autonomous Data Platform Market"
Purchase Enquiry

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 the scope of the report to exactly meet your needs

TARGETED MARKET VIEW

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