Global Data Lake Market to Reach USD 54.4 Billion by 2032, Driven by the Surge in Big Data Analytics
The global Data Lake Market was valued at USD 7.2 billion in 2023 and is projected to reach USD 54.4 billion by 2032, growing at an impressive CAGR of 25.1% during the forecast period (2024-2032).
The increasing adoption of big data analytics, artificial intelligence (AI), and cloud-based storage solutions is fueling the demand for data lakes across multiple industries. Enterprises are leveraging data lakes to store, manage, and analyze vast amounts of structured and unstructured data to gain actionable business insights.
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