Autonomous Data Platform Market Insights, Current And Future Market Trends & Forecast Till 2027

 

The GMI Research forecasts that the autonomous data platform market is witnessing an upsurge in demand during the forecast period. This is mainly due to the rising adoption of improved analytics, cognitive computing technology, and the increasing introduction of artificial intelligence and machine learning to aid in decision-making processes.

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Autonomous Data Platform Market’s leading Manufacturers:

·        Oracle

·        IBM

·        Teradata

·        Cloudera, Inc.

·        MapR Technologies, Inc.

·        Amazon Web Services, Inc.

·        Qubole, Inc.

·        Gemini Data

·        Ataccama

·        Denodo Technologies

Autonomous Data Platform Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Key Drivers

The rising adoption of improved analytics and cognitive computing technology are the major factors contributing to the growth of the global autonomous data platform market. There has been an upsurge in the volume of unstructured data across numerous organizations owing to the increase of social media and interconnected devices. This rise in volume is projected to enhance the demand for autonomous database solutions from medium and small-sized organizations. The introduction of artificial intelligence and machine learning to aid in decision-making processes is predicted to stimulate the growth of the global autonomous data platform market. The growing demand for cloud technology is anticipated to fuel the demand for autonomous data platform. One of the major reasons behind the rise in unstructured and structured data is the internet, which in turn, accelerated the number of devices and autonomous data tools.

The outbreak of the COVID-19 pandemic has a positive impact on the growth of the autonomous data platform market. The surged remote services, which in turn, have boosted the digital transformation across different sectors. This pandemic has increased the investment in data analytics tools and energized the requirement for improved analytics for monitoring and tracking real-time information. The increase in the demand for autonomous database solutions in this pandemic consists of its spread by extracting, visualizing, and executing the efforts in near real-time to control this virus are the factors augmenting the growth of the autonomous data platform market. Some of the analytical processes are complex, which require qualified professionals to operate these tools. On the other hand, the factors hindering the growth of the market include limited skilled professionals and issues regarding maintaining sync between quality and safety.

Autonomous Data Platform Market Segmentation:

Segmentation by Component:

·        Platform

·        Services

o   Advisory

o   Integration

o   Support and Maintenance

Segmentation by Organization Size:

·        Large Enterprises

·        Small & Medium-Sized Enterprises

Segmentation by Deployment Type:

·        On-premises

·        Cloud

Segmentation by Vertical:

·        BFSI

·        Healthcare and Life Sciences

·        Retail

·        Manufacturing

·        Telecommunication and Media

·        Government

·        Others

Segmentation by Region:

·        North America

o   United States of America

o   Canada

·        Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·        Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·        RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that provides syndicated research reports, consulting services, and customized market research reports. Our reports are based on market intelligence studies to ensure relevant and fact-based research across numerous sectors, including healthcare, automotive, information technology & communication, FMCG, and other industries. GMI Research’s deep understanding related to the business environment helps us in generating objective strategic insights. Our research teams consisting of seasoned analysts and researchers have hands-on experience in various regions, including Asia-pacific, Europe, North America, and the Rest of the World. The market research report offers in-depth analysis, which contains refined forecasts, a bird's eye view of the competitive landscape, factors impacting the market growth, and several other market insights to aid companies in making strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to help our clients to stay ahead of the curve.

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