Data Lake Market Share

APAC Market Statistics

Asia Pacific industry is expected to hold largest revenue share by 2037, owing to increasing amount of data and need to develop solutions to store and analyse the same by major technology companies in the region.

North America Market Analysis

Furthermore, in 2021, the market in North America is evaluated to occupy the largest share in terms of revenue, owing to the presence of major companies in the region and their rising data volumes across industry verticals. Along with this, the North America also leads in terms of investments and adoption of big data technologies, which is also expected to contribute to the market growth in the region. Alternatively, the market in Europe is also anticipated to occupy a significant share in the data lake market on account of new regulations for data privacy that require enterprises to remove customer data upon request.