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Report ID: SQMIG45F2089
Report ID:
SQMIG45F2089 |
Region:
Global |
Published Date: September, 2024
Pages:
197
|
Tables:
144 |
Figures:
78
North America accounted for 36.3% of total revenue in 2023. As it is home to the majority of developed economies, such as the United States and Canada, the area is considered to be the most advanced in terms of adopting cutting-edge technology and cloud-based solutions. An enormous market increase is being driven by the rising internet and cell phone usage in North America.
Asia-Pacific is anticipated to experience the fastest development, with a CAGR of 24.7% in 2023. The industry is expected to continue growing swiftly since machine growing and artificial intelligence are increasingly being used to help decision-making. Demand for separate information platforms is also being fueled by organizations’ ability to combine customer data from several sources onto a single platform, reducing the number of computational hours required.
The automated data platform industry is anticipated to experience new development opportunities as a result of significant investments made in R&D activities to improve these systems' capabilities. Therefore, it is estimated that the Asia Pacific region will have significant growth for autonomously database platforms over the projected time.
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Report ID: SQMIG45F2089