The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033.
The Data Warehouse As A Service Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Data Warehouse As A Service Global Market Report 2024, The data warehouse-as-a-service market size is expected to see rapid growth in the next few years. It will grow to $15.16 billion in 2028 at a compound annual growth rate (CAGR) of 15.4%. The growth in the forecast period can be attributed to growing demand of centralized data storage, growing e-commerce activity, rapid adoption of cloud-based solutions and focus on real-time data analysis, data analytics and business intelligence are expected to play a major role in enterprise management, increasing investments by data center companies in hyper-scale data centers. Major trends in the forecast period include integration of new technologies and single server solutions, increase in demand for ICT industry, rising government initiatives, growing demand for cloud system, increasing demand for data-driven decision-making, advancements in technology.
The increasing demand for centralized data storage is expected to drive the growth of the data warehouse-as-a-service (DWaaS) market in the future. Centralized data storage involves the practice of storing and managing data in a single, central location, which has become necessary due to the generation of vast amounts of data requiring scalable storage solutions.
In centralized data storage, DWaaS solutions play a crucial role by consolidating data from various sources such as databases, applications, and files into a unified platform, thus creating a centralized repository. This enables organizations to efficiently manage and analyze their data for insights and decision-making.For example, in January 2024, a report by Application Access Governance Information Technology Services revealed that approximately 60% of corporate data was stored in the cloud, with cloud infrastructure spending expected to increase by 23% in 2023. This highlights the growing reliance on cloud-based solutions for centralized data storage.Therefore, the increasing demand for centralized data storage is a key driver behind the growth of the data warehouse-as-a-service market.
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The data warehouse as a service market covered in this report is segmented –
1) By Type: Enterprise Data Warehouse As A Service (DWaaS), Operational Data Storage
2) By Usage: Data Mining, Reporting, Analytics
3) By Deployment: Private Cloud, Public Cloud, Hybrid Cloud
4) By Application: Fraud Detection And Threat Management, Supply Chain Management, Asset Management, Risk And Compliance Management, Customer Analytics
5) By Vertical: Banking Financial Services And Insurance (BFSI), Retail And Ecommerce, Telecommunication And Information Technology (IT), Healthcare And Life Sciences, Manufacturing And Automotive, Government And Public Sector, Travel And Hospitality, Media And Entertainment,
Top Major Players
Google LLC,
Microsoft Corporation,
Dell Inc.,
Huawei Technologies Co. Ltd.,
Amazon Web Services Inc.
The data warehouse as a service market report table of contents includes:
1. Executive Summary
- Data Warehouse As A Service Market Characteristics
- Data Warehouse As A Service Market Trends And Strategies
- Data Warehouse As A Service Market – Macro Economic Scenario
- Global Data Warehouse As A Service Market Size and Growth
- Data Warehouse As A Service Market Segmentation
- Data Warehouse As A Service Market Regional And Country Analysis
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- Key Mergers And Acquisitions In The Data Warehouse As A Service Market
- Data Warehouse As A Service Market Future Outlook and Potential Analysis
- Appendix
List Of Tables :
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Data Warehouse As A Service Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Data Warehouse As A Service Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Data Warehouse As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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Table 75: Google LLC Financial Performance
Table 76: Microsoft Corporation Financial Performance
Table 77: Dell Inc. Financial Performance
Table 78: Huawei Technologies Co. Ltd. Financial Performance
Table 79: Amazon Web Services Inc. Financial Performance
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