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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.

Source: www.globenewswire.com –

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