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Data warehouse market is rising due to rapid adoption of cloud-based solutions
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A large volume of unstructured, semi-structured, and structured data is generated every day from several sources within and outside organizations. All this data can help in making effective decisions, which is why data analysis has become important for businesses to stay competitive in the industry. Data warehouses have the ability to integrate third-party BI applications, which can utilize the gathered data and deliver query results quickly, thereby facilitating real-time analysis for making informed decisions.
According to a P&S Intelligence report, the DWaaS market generated a revenue of $1,418.4 million in 2019 and is expected to reach $23,779.0 million by 2030, advancing at a 29.2% CAGR during the forecast period (2020-2030). The increasing focus on real-time data analysis is a major factor which is resulting in the growing adoption of DWaaS.
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This market research report provides a comprehensive overview of the DWaaS market
* Historical and the present size of the market segments and understand their comparative future potential
* Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings
* Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders
* Major players operating in the market and their service offerings
* Recent strategic developments by the major players in the market
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P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
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