What are the Key Factors Propelling the Progress of Global Data Warehouse as a Service (DWaaS) Market? Top Key Players are IBM, Amazon Web Services (AWS), Snowflake, Microsoft, Teradata, Oracle, Google, Actian, Cloudera, Pivotal Software, Inc.

Due to the rising focus on the analysis of data in real-time, the demand for data warehouse as a service (DWaaS) will witness huge growth in the coming years. The rapid advancements in digitization has resulted in the generation of huge volumes of structured, unstructured, and semi-structured data and this is helping organizations to enhance their productivity, reduce future risks, and generate higher profits. This is consequently boosting the adoption of big data storing, analysis, and managing solutions.

Top Key Players Operating Global Data Warehouse as a Service (DWaaS) Market:
1- IBM
2- Amazon Web Services (AWS)
3- Snowflake
4- Microsoft
5- Teradata
6- Oracle
7- Google
8- Actian
9- Cloudera
10- Pivotal Software, Inc.

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The other major factor pushing the demand for data warehouse as a service is the soaring adoption of cloud-based solutions across the world. Driven by these factors, the global data warehouse as a service (DWaaS) market is set to increase its revenue from $1.4 billion in 2019 to $23.8 billion by 2030, with a CAGR of 29.2% during the forecast period (2020-2030). DWaaS is basically defined as an outsourcing model in which a service provider develops and manages the software and hardware resources required by a data warehouse for the customer on a subscription basis.

The biggest rage presently being witnessed in the data warehouse as a service market is the rising popularity of hybrid cloud, on account of its various advantages such as operational flexibility and the ability ton provide greater portions for deployment. Hybrid cloud technology allows companies to easily shift their on-premises infrastructure to cloud, without taking the help of a third-party service provider. This technology also provides higher customization, as it lets companies choose the data they want on cloud and the information they want on their on-site infrastructure.

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Market Segmentation by Type
o Enterprise Data Warehouse (EDW)
o Operational Data Store (ODS)
Market Segmentation by Deployment
o Public Cloud
o Private Cloud
o Hybrid Cloud
Market Segmentation by Enterprise
o Large Enterprises
o Small and Medium Enterprises (SMEs)
Market Segmentation by Tool
o Data Mining
o Reporting
o Analytics
o Visualization
Market Segmentation by Application
o Fraud Detection and Threat Management
o Supply Chain Management
o Risk and Compliance Management
o Others (Including Inventory Management and Asset Management)
Market Segmentation by Industry
o Banking, Financial Services, and Insurance (BFSI)
o Retail and E-Commerce
o Information Technology (IT) and Telecom
o Healthcare
o Government
o Manufacturing
o Others (Including Media and Entertainment, Energy and Utilities, and Hospitality)

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