The Asia Pacific Autonomous Data Platform Market would witness market growth of 22.6% CAGR during the forecast period (2021-2027).
Autonomous data platform can be considered as a crucial data infrastructure that can analyzes every aspect associated with how a company’s data is used to address the business challenges and examines it to offer process enhancements. Moreover, vendors are putting high investments in the R&D activities in order to bring advanced capabilities in these platforms which would open new growth avenues for the autonomous data platform market during the forecasting period.
The market growth would be driven by the rise in deployment of artificial intelligence and machine learning to assist in decision-making processes. Further, the demand for autonomous data platforms is directly proportional to the demand for cloud technology. With the emergence of independent data platforms, companies become empowered to streamline the data of customers from various sources at one platform, hence saving hours of integration work.
There has been a massive increment in the investment in cloud solutions by companies, particularly in nations like China, India, and Japan, which would drive the growth of the autonomous data platform market over the forecasting years. Moreover, the regional vendors are launching autonomous data platform that can manage and optimize itself and acquire knowledge from past utilization, enables data teams to work on high-priority tasks like business outcomes rather than implementing the platform. Further, these platforms can reduce the obstacles to accessing, processing and analyzing data, allowing data scientists to rapidly get valuable insights.
The China market dominated the Asia Pacific On-premise Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $88,738.4 Thousands by 2027. The Japan market would exhibit a CAGR of 20.9% during (2021 - 2027). Additionally, The India market is poised to grow a CAGR of 22.3% during (2021 - 2027).
Based on Component, the market is segmented into Platform, Services, Advisory, Integration, and Others. Based on Deployment Mode, the market is segmented into On-premise and Cloud. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on End User, the market is segmented into Telecommunication and Media, BFSI, Government, Healthcare and Life Sciences, Manufacturing, Retail, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Autonomous Data Platform Market is Projected to reach USD 2,316.98 million by 2027, at a CAGR of 21.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Oracle Corporation, Amazon.com, Inc., Teradata Corporation, Hewlett-Packard Enterprise Company, Alteryx, Inc., Cloudera, Inc., Qubole, Inc., Gemini Data, Inc., and Denodo Technologies.
By Component
By Deployment Mode
By Organization Size
By End User
By Country
Unique Offerings Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
