IMARC Group, a leading market research company, has recently released a report titled "Data Lakes Market Report by Component (Solutions, Services), Deployment Mode (On-premises, Cloud-based), Organization Size (Small and Medium-sized Enterprises, Large Enterprises), Business Function (Marketing, Sales, Operations, Finance, Human Resources), End Use Industry (BFSI, IT and Telecom, Retail...
The data lake's role as a centralized storage warehouse for storing massive amounts of organized, semi-organized, and structured data is expected to remain prominent throughout 2024-2032. Data lakes will continue to offer a well-organized and economical way to store data for later analysis while also democratizing data access. The growing importance of AI and machine learning in data analytics...