How big is the data platform market | Size, Trends & Forecast 2025

Q: What is the market size of the data platform market in 2025 and 2031?

The data platform market was expected to reach approximately USD 84.2 billion in 2025 and grow to over USD 210 billion by 2031.

Q: What is the CAGR of the data platform market between 2025 and 2031?

The data platform market is projected to grow at a CAGR of 14.5% during the forecast period.

Q: What are the key trends in the data platform market?

Key trends of data platform market include cloud-native data platforms, Lakehouse architecture, AI/ML integration.

Q: What are the main drivers of the data platform market?

The data platform market is driven by the growth of big data, need for real-time analytics, rising enterprise digitalization, and demand for secure, scalable infrastructure.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

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Code: MTA5772

Publication Date: Jul 2025

What is the Data platform Market Size?

According to 6Wresearch internal database and industry insights,Global Data platform market was valued at82.4 billion in 2024 and is anticipated to exceedUSD 210 billion by 2031, registering a steady at aCAGR of 14.5% during the forecast period.

This market is witnessing significant expansion driven by the surge in big data generation, rising demand for cloud-based analytics solutions, and growing reliance on real-time data insights. The proliferation of IoT devices, enterprise digital transformation, and AI/ML integration into data platforms are also fuelling market growth. Moreover, the need for scalable, secure, and unified data infrastructure across sectors such as BFSI, healthcare, manufacturing, and retail is further accelerating demand for advanced data platforms.

Major Growth Factors of the Data platform Market

Rapid digital transformation across industries
Increased adoption of cloud-native data management solutions
Rising volume of unstructured and structured data
Growing integration of AI and machine learning
Demand for real-time analytics and insights
Expansion of IoT and connected device ecosystems
Need for scalable and secure data infrastructure
Emphasis on data governance and regulatory compliance

Data platform Market Trends

The data platform market is experiencing major rise momentum toward unified, cloud-native platforms that integrate data lakes, warehouses, and analytics engines. Organizations are shifting to platforms that enable real-time processing, AI-powered automation, and self-service analytics. Multi-cloud and hybrid deployments are also gaining traction, driven by the need for flexibility, scalability, and business continuity.

Emerging Developments in the Data platform Market

The data platform market is driven by next-gen innovations such as Lakehouse architectures, zero-copy data sharing, and embedded analytics. Vendors are investing in AI-enhanced platforms that provide intelligent data cataloguing, predictive modelling, and augmented decision-making. Strategic acquisitions, partnerships, and open-source tool integrations are also transforming the competitive landscape.