PUBLISHER: Verified Market Research | PRODUCT CODE: 1733198
PUBLISHER: Verified Market Research | PRODUCT CODE: 1733198
Autonomous Data Platform Market size was valued at USD 1.95 Billion in 2024 and is projected to reach USD 9.63 Billion by 2032, growing at a CAGR of 22.10 % from 2026 to 2032.
The increasing adoption of cloud-based solutions owing to technological advancement and the rising adoption of cognitive computing technology & advanced analytics are expected to drive the Autonomous Data Platform Market over the predicted years. The Global Autonomous Data Platform Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Autonomous Data Platform Market Definition
The autonomous data tool analyses a specific customer's big data infrastructure to address crucial company problems and ensure optimal database usage. It is a data and analytics platform that manages and optimizes itself by leveraging various cognitive computing platforms, such as Artificial Intelligence (AI), and Machine Learning (ML).
By making use of the combination of heuristics and machine learning, it serves insights, actionable alerts, and recommendations to the users, which results in ensuring high performance, workload continuity, and cost savings. It enhances operational efficiency and makes the process easier. Based on the component, the market is classified into Support & Maintenance, Services, Platform, Integration, and Advisory. Based on the vertical, the market is bifurcated into Telecommunication & Media, Retail, Manufacturing, Healthcare & Life Sciences, and Others.
Global Autonomous Data Platform Market Overview
The increasing adoption of cloud-based solutions owing to the advancement in technologies and the rising adoption of cognitive computing technology & advanced analytics are expected to drive the Autonomous Data Platform Market over the predicted years. Also, the growing volume of unstructured data with respect to the increasing utilization of social media & interconnected devices expects a boost to the market in the coming years.
Moreover, the introduction of expandable, unstructured, & complex data and the increasing demand for omnichannel experience from retailers are anticipated to fuel the market during the forecasted period. There are certain restraints and challenges faced which can hinder market growth. Factors such as the dearth of skilled professionals and complicated analytical processes are likely to act as market restraints.
The Global Autonomous Data Platform Market is Segmented on the basis of Component, Vertical, And Geography.
Based on Component, the market is bifurcated into Support & Maintenance, Services, Platform, Integration, and Advisory. A wide range of applications of the Autonomous Data Platform in various industry segments is expected to bolster the market demand in the coming years.
Based on Vertical, the market is bifurcated into Telecommunication & Media, Retail, BFSI, Manufacturing, Healthcare & Life Sciences, and Others. BFSI segment is predicted to hold the most significant CAGR in the forecasted period due to the rapid adoption of the Autonomous Data Platform in this segment.
The "Global Autonomous Data Platform Market" study report will provide valuable insight with an emphasis on the global market including some of the major players such as Oracle Corporation, Teradata Corporation, IBM Corporation, Amazon Web Services, Inc., MapR, Cloudera, Inc., Qubole, Inc, Ataccama Corporation, Gemini Data, Inc, DvSum.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.