The Latin America, Middle East and Africa Autonomous Data Platform Market would witness market growth of 21.8% CAGR during the forecast period (2021-2027).
Organizing large amount of data at a bigger scale needs companies to deploy autonomous data platform solutions to gather, store, sort, and obtain such data whenever it is required. Conventional warehouses and on-premises data centers may consume a considerable time to examine, locate, and give out the required data on command, but an artificial intelligence-enabled, and totally autonomous data platform can perform this task much rapidly and precisely, hence driving up the efficiency and overall speed of the new-age business enterprises.
Factors such as the expandable, complicated, and unorganized data and the growing demand for omnichannel experience from retailers would act as growth catalysts for the market in the forecast period.
Many enterprises in the region are utilizing autonomous data platforms to fulfill the objectives of better network efficiency and enhanced performance. In addition, companies looking to gain capabilities of self-serving, self-assuring, and self-fulfilling to offer enhanced customer experience would create the need for autonomous data platforms in the upcoming years.
The Brazil market dominated the LAMEA Autonomous Data Platform Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $56,566.6 Thousands by 2027. The Argentina market is anticipated to grow a CAGR of 22.5% during (2021 - 2027). Additionally, The UAE market would experience a CAGR of 21.5% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Autonomous Data Platform Market is Predict to reach $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
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