The data lakes market is segmented by software and services. The services segment is expected to grow at the highest CAGR during the forecast period, out of which data lakes services in the services segment is projected to witness the highest demand due to the growing need of data lake software solutions across organizations.
BFSI holds the largest share of the data lakes market in 2017. The growth is fueled by the growing need of people to simplify their workload related to security and their increasing dependence on data generated from various IT systems used for financial transactions. Healthcare & life science is expected to grow at the highest CAGR during the forecast period due to the increasing need to store and manage data coming from various connected healthcare devices and health record systems used across healthcare organizations.

Market Analysis and Insights: Global Data Lakes Market
The global Data Lakes market size is projected to reach US$ 10340 million by 2027, from US$ 3662.7 million in 2020, at a CAGR of 15.9% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Data Lakes market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Data Lakes market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Data Lakes market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Data Lakes market.

Global Data Lakes Scope and Market Size
Data Lakes market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Data Lakes market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Data Discovery
Data Integration and Management
Data Lakes Analytics
Data Visualization

Segment by Application
Marketing
Sales
Operations
Finance
Human Resources

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Microsoft
Teradata Corporation
Capgemini
EMC Corporation
Informatica
Oracle
SAP SE
ATOS SE
SAS Institute
Hitachi Data Systems