According to the latest report by IMARC Group, titled “Data Warehousing Market Report: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the market is expecting to grow at a CAGR of around 11% during 2021-2026.
Data warehousing refers to storing, analyzing and reporting structured, semi-structured and unstructured data on an electronic platform. It also records historical and current data in a centralized repository for providing business intelligence (BI) and long-term insights. Data warehousing consists of load, warehouse and query managers deployed on-premises, cloud or hybrid environments to extract and analyze data.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Data Warehousing Market Trends:
The global data warehousing market is primarily driven by a significant rise in the amount of data generated by organizations. Data warehousing ensures consistency, creation of indexes, aggregates and transformation and merging of source data. Besides this, improvements in the information technology (IT) infrastructure and the emerging trend of virtual data warehousing are also contributing to the market growth. Furthermore, the rapid integration of data warehouses with artificial intelligence (AI) and machine learning (ML) solutions automatically transforms and optimizes data according to user requirements. These factors are expected to provide a positive thrust to the market in the coming years.
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Data Warehousing Market 2021-2026 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Actian Corporation (HCL Technologies Limited), Amazon Web Services Inc. (Amazon.com Inc), Cloudera Inc., Dell Technologies Inc., Google LLC (Alphabet Inc.), Hewlett Packard Enterprise Development LP, International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, SAP SE, Snowflake Inc and Teradata Corporation..
The report has segmented the market on the basis on region, offering, data type, deployment model, enterprise size, end user.
Breakup by Offering:
- ETL Solutions
- Statistical Analysis
- Data Mining
- Others
Breakup by Data Type:
- Unstructured Data
- Semi-Structured and Structured Data
Breakup by Deployment Model:
- On-premises
- Cloud-based
- Hybrid
Breakup by Enterprise Size:
- Large Enterprises
- Small and Medium-sized Enterprises
Breakup by End User:
- BFSI
- IT and Telecom
- Government
- Manufacturing
- Retail
- Healthcare
- Media and Entertainment
- Others
Breakup by Region:
- North America:(United States, Canada
- Asia-Pacific:(China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America;(Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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