The data lakes market is projected to grow from $2.53 billion in 2016 to $8.81 billion by 2021, with a CAGR of 28.3%. Key segments include managed and professional services across various industries, with North America anticipated to hold the largest market share. Major vendors in this space include Cloudera, Zaloni, Inc., and Koverse, Inc., with significant growth opportunities in the Asia Pacific region.