Global industry analysts forecast the global autonomous data platform market to reach $2.8 billion by 2026
SAN FRANCISCO , June 27, 2022 /PRNewswire/ — New market research published by Global Industry Analysts Inc., (GIA), the leading market research firm, today released its report titled “Autonomous Data Platforms – Global Market Trajectory and Analysis”. The report presents new insights into the opportunities and challenges in a significantly transformed post COVID-19 market.
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Editing: 4; Published: January 2022
Executive Pool: 793
Companies: 37 – Players covered include Alteryx; Ataccama; AWS; Cloudera; Datrium; Denodo; Dvsum; Gemini data; IBM; MAPR and others.
Cover: All major geographies and key segments
segments: Component (Platform, Services, Consulting, Other Components); Deployment (on-premises, cloud); End Use (BFSI, Health & Life Sciences, Retail, Manufacturing, Telecom & Media, Government, Other End Uses)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; UK; and rest of Europe); Asia Pacific; Rest of the world.
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Global Autonomous Data Platform Market to Reach $2.8 billion by 2026
Amid COVID-19 Crisis, Global Autonomous Data Platform Market Estimated at US$957.2 millionis expected to reach a revised size of US$2.8 billion by 2026, growing at a CAGR of 18.9% over the analysis period. Support & Maintenance, one of the segments analyzed in the report, is expected to register a CAGR of 17.2% and reach US$1.1 billion at the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the induced economic crisis, the growth of the platform segment is readjusted to a revised CAGR of 19.4% for the next 7-year period.
The US market is estimated at $351.8 million in 2021, when China is expected to reach $490.3 million by 2026
The Autonomous Data Platform Market in the United States is estimated at US$351.8 million in the year 2021. Chinathe second largest economy in the world, is expected to reach a projected market size of US$490.3 million by 2026 with a CAGR of 18.7% over the analysis period. Other notable geographic markets include Japan and Canada, each predicting growth of 16.6% and 16.2% respectively over the analysis period. In Europe, Germany is expected to grow at around 13.4% CAGR.
Service segment to reach US$629.5 million by 2026
In the global Services segment, UNITED STATES, Canada, Japan, China and Europe will drive the CAGR of 22% estimated for this segment. These regional markets representing a combined market size of US$150.1 million will reach a projected size of US$602.6 million at the end of the analysis period. China will remain among the most dynamic in this group of regional markets. After
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SOURCE Global Industry Analysts, Inc.