A new report by MarketsandMarkets shows the APAC region experiencing a rapid adoption of DataOps platforms, driven by various factors such as the exponential growth of big data, the prevalence of cloud computing and the advancements in artificial intelligence.
The report projects the global DataOps Platform Market growing from US$ 3.9 billion in 2023 to US$ 10.9 billion by 2028 at a CAGR of 23%
The CAGR of APAC is estimated to be the highest during the forecast period with the region’s business ecosystem for DataOps platforms described as diverse and rapidly evolving, encompassing what the report identifies as a broad spectrum of technology vendors, service providers and consulting firms that cater to businesses of all sizes, offering comprehensive end-to-end data management solutions.
“As the demand for efficient data management intensifies, the Asia Pacific region is witnessing significant growth and innovation in the field of DataOps platforms.
“In order to speed digital transformation activities across sectors and support data-driven decision-making, the market will see an increase in demand for scalable, secure and agile DataOps solutions,” the report says.
Click below to share this article