Data Lakes Market Share Will Hit US$ 37.8 Billion By 2028 | Growth With Recent Trends & Demand
IMARC Group, a leading market research company, has recently released a report titled “ Data Lakes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 .” The study provides a detailed analysis of the industry, including the global data lakes market size , share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market. How Big is the Data Lakes Market? The global data lakes market size reached US$ 9.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 37.8 Billion by 2028, exhibiting a growth rate (CAGR) of 25.8% during 2023-2028. What are Data Lakes? Data lakes are centralized repositories designed to store, process, and secure large volumes of structured and unstructured data. Unlike traditional databases that require data to be structured and organized in a predefined schema before storage, data lakes can store raw data in its native form...