Data Warehouse as a Service - Market Size, Growth, & Share


 Data Warehouse as a Service Market

The Data Warehouse as a Service Market was valued at USD 3,633 Million in 2020 and is anticipated to grow at a CAGR of 22.7% CAGR during the forecast period (2021-2028).

The factors driving the growth of Data Warehouse as a Service Market includes growing adoption of business intelligence tools and data analytics by big enterprises for managing their day-to-day operations and increasing application of data warehousing in finance, business, and healthcare industries. As per the report published by Bloomberg, the Global FinTech Market is expected to reach USD 16652680 million by 2028, growing at a CAGR of 13.9%, which will boost the Data Warehouse as a Service Market size in the coming years. Moreover, its ability to reduce the computing cost, growing application of Artificial Intelligence and cloud computing in data warehousing and emerging demand for high-speed analytics and low latency, are some of the factors augmenting the growth of Data Warehouse as a Service Market. In addition, the increasing volumes of data generated around the world and Governments regulations about data leakage, are some of the additional factors supplementing the growth of Data Warehouse as a Service Market.

However, the growth of Data Warehouse as Service Market is hindered due to technical problems linked with managing data quality.

The major players operating in the market are SAP SE, Kognitio Ltd, Exasol AG, HP Co., Amazon Web Series Inc., IBM Corporation, Infobright Inc., EMC Corporation, Microsoft Corporation and Snowflake Computing Inc. among others.

Organization Size- Segment Analysis

Based on Organization Size, Large Enterprises segment is projected to expand a faster CAGR during the forecast period due to growing demand for business intelligence tools and cloud services around the world.

End-Use Industry- Segment Analysis

Based on the End-use industry, the BFSI segment is anticipated to grow at the fastest rate over the forecast period. The increasing number of FinTech Startups across the globe, rising demand for online data need analytics solutions and huge volumes of data generated in the BFSI Sector, are accelerating the growth of the segment.

Region- Segment Analysis

Based on region, the North America region is predicted to dominate the market over the forecast period due to availability of advanced warehouse infrastructure and increasing volumes of data generated through social networking websites. Moreover, the increasing adoption of cloud data warehouse solutions and the significant presence of IT Firms, are expected to boost the growth of the North-American region.

Market Segmentation

Data Warehouse as a Service Market by Type

  • Large Enterprise
  • Medium Enterprise
  • Small Enterprise

Data Warehouse as a Service Market by Livestock

  • BFSI
  • Government
  • Healthcare
  • E-commerce & retail
  • Media & Entertainment

Global Warehouse as a Service Market by Region

  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC

 

  • North America
    • United States of America
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE

About GMI Research

GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.

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