Datafication Market Size, Share Analysis, Growth, Trends, Industry Report 2024

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Datafication
Global Market Report 2024 Global Forecast 2024
2033 Market Size, Drivers, And Trends
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Datafication Market Segments
The Business Research Company segments the
datafication market segments market report as
ByBySoTuyrpcee
Behavioral Datafication Social Datafication
Geospatial Datafication Transactional
Datafication Sensor Datafication Solutions
Services
By BCyomFopromnent
Cloud On-Premises
By ADpepliocyamtioent
Blockchain AIops Cognitive Computing Edge
Computing FinOps Other Applications
By Appl.ication
Banking Financial Services And Insurance (BFSI)
Healthcare IT And Telecom Retail Government
And Defense Manufacturing Media And
Entertainment Other Verticals
By Ve.rtical
.
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Market Statistics

• The datafication market size has grown rapidly in
  recent years. It will grow from 347.03 billion
  in 2023 to 392.39 billion in 2024 at a compound
  annual growth rate (CAGR) of 13. The growth in
  the historic period can be attributed to
  proliferation of internet connectivity,
  exponential growth of data volumes, development
  of advanced analytics tools, emergence of cloud
  computing, increasing digitization of
  businesses.The datafication market size is
  expected to see rapid growth in the next few
  years. It will grow to 636.07 billion in 2028
  at a compound annual growth rate (CAGR) of 12.8.
  The growth in the forecast period can be
  attributed to emphasis on data privacy and
  security, acceleration of 5G networks, evolution
  of quantum computing, rise of data regulation and
  compliance measures, expansion of internet of
  things (IoT) devices. Major trends in the
  forecast period include augmented analytics,
  personalized customer experiences, smart cities
  and urban planning, enhanced cybersecurity
  solutions, sustainable and ethical data
  practices.
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636.07 B
392.30 B
347.00 B
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Key Market Drivers And Trends
Drivers Increasing Volume Of Data Generation
Propels Datafication Market Growth Trends Leading
Companies Developing Advanced Solutions For
Datafication Market Edge Region North America
was the largest region in the datafication market
in 2023.
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Top Players In The Market
Major companies operating in the datafication
market are Amazon Web Services Inc., Alphabet
Inc, Microsoft Corporation, Dell EMC, The
International Business Machines Corporation,
Oracle Corporation, SAP SE, ABB Group,
Hewlett-Packard Enterprise (HPE), Emerson
Electric Co., SAS Institute Inc., Teradata
Corporation, Workiva Inc., DataRobot Inc.,
Xceptor, Matillion Limited, Dbt Labs Inc.,
mParticle, Veryfi Inc., Coalesce.io, Search
Discovery Inc., Crosser Technologies, Decodable,
Osmos, Precog, Flatfile Inc.
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