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DataOps Platform Market Size

  • Report ID: GMI5981
  • Published Date: Jun 2023
  • Report Format: PDF

DataOps Platform Market Size

DataOps Platform Market size valued at USD 3.4 billion in 2022 and is anticipated to grow at a CAGR of 22% between 2023 and 2032. The wide use of cloud computing has provided organizations efficient & effective ways to manage their data. DataOps platforms are designed to work seamlessly in cloud environments, providing capabilities such as cloud data integration, flexible scalability, and cost optimization.

 

DataOps platforms are software solutions that facilitate the implementation of DataOps policies and practices within an organization. DataOps is an approach that unites people, processes, and technology to simplify & optimize the end-to-end business of data management, from information integration and planning to analysis and delivery.

 

The lack of data security measures can hinder market growth during the forecast period. Organizations may refuse to implement a DataOps platform if it offers insufficient data security. They may be concerned that their sensitive data is vulnerable to unauthorized access, data breaches, or cyber-attacks. Without confidence in the security capabilities of DataOps platforms, organizations may hesitate to entrust their valuable data to these systems.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of DataOps platform was reached USD 3.4 billion in 2022 and will record over 22% CAGR from 2023-2032, due to the rising adoption of cloud computing to offer efficient & effective ways to organizations to manage their data.

The on-premises deployment mode segment recorded 60% of the market share in 2022, owing to the surging need for greater customization and flexibility.

The BFSI end-use segment exceeded USD 650 million in 2022, driven by the increasing dependency of businesses to make risk-based decisions, customer segmentation, fraud detection, regulatory compliance, and investment strategies.

North America held more than 40% of the market share in 2022, attributed to the growing emphasis on data security & privacy in the region.

DataOps Platform Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 376
  • Countries covered: 23
  • Pages: 291
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