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Global Data Lake Market Thrives Amid Rising Demand for

Global data lake market is anticipated to grow substantially at a CAGR of 21% from 2023 to 2031 due to an increase in data volume and complex data. Demand for advanced analytics, business intelligence, and the adoption of cloud-based solutions are primary growth factors. AWS, Microsoft and Google amongst top players in the market, with North America leading in 2022. However, security and privacy concerns present significant challenges.

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