Autonomous Data Platform Market to Grow by USD 1.37 bn | Increasing Unstructured Data from Interconnected Devices and Social Media to Drive Growth | Technavio
NEW YORK, Nov. 24, 2021 /PRNewswire/ -- The autonomous data platform market is set to grow by USD 1.37 bn between 2020 and 2025 and register a CAGR of 19.18%, according to Technavio's latest market research report estimates. Technavio offers in-depth market insights that assist global businesses in obtaining growth opportunities.
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The autonomous data platform market is fragmented, and the degree of fragmentation is expected to accelerate during the forecast period. To make use of the current opportunities, market vendors must strengthen their position in the fast-growing segments while maintaining their positions in the slow-growing segments.
The report covers the following areas:
Autonomous Data Platform Market 2021-2025: Segmentation
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Autonomous Data Platform Market 2021-2025: Vendor Analysis and Scope
To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market. Some of the major vendors of the autonomous data platform market include Alteryx Inc., Ataccama Corp., Cloudera Inc., Denodo Technologies Inc., DvSum Inc., DXC Technology Co., Hewlett Packard Enterprise Co., Idera Inc., International Business Machines Corp., and Oracle Corp. Backed with competitive intelligence and benchmarking, our research report on the autonomous data platform market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
Factors such as increasing unstructured data from interconnected devices and social media, rising adoption of cognitive computing technology and advanced analytics, and growing demand for autonomous data platform from various end-user industries will offer immense growth opportunities. However, the complex analytical process and managing data quality will hamper the market growth.
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Autonomous Data Platform Market 2021-2025: Regional Analysis
Technavio offers an up-to-date analysis of the geographical composition of the market as well as competitive intelligence and regional opportunities for vendors. According to our analysis, 48% of the market's growth is expected to originate from North America during the forecast period. The US and Canada are the key countries for the autonomous data platforms market in the region. North America has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The rising adoption of cognitive computing technology and advanced analytics is expected to drive the autonomous data platform market growth in North America during the forecast period.
Autonomous Data Platform Market 2021-2025: Key Highlights
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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