Press release
Data Warehousing Market Trends, Size, Forecast - 2020-2026
Data Warehousing Market
Blockchain data center infrastructure can support increasing data processing demands and ensure rapid, seamless, and secure data transmission. Thereby, augments the global data warehousing market growth during the forecast period. The companies such as KRAMBU, Inc. and Cisco Service, Inc. are integrating blockchain technology with data storage services. Blockchain integration with data centers is anticipated to offer significant opportunities for market players to advance their data storage solutions. This will assist companies to increase their revenue generation and maintain a good level of security primarily for banks and financial institutions especially as this sector is significantly moving toward blockchain technology for the management of financial transactions.
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Banking and financial services companies require fast and reliable connectivity to support latency-sensitive applications for activities including market data delivery, payment processing, and online trading. To make high-performance applications, the provisioning speed of data and billing flexibility are critical. This could be achieved by managing a large amount of data through data warehousing services; therefore, is expected to drive the global data warehousing market.
Datacenter providers offered secure and seamless networking to the dedicated bare-metal servers and are well-suited to meet the agility and cost-efficiency requirements of the financial firms. Furthermore, financial services offering firms need to have significant control and customization of their IT infrastructure to comply with the industry regulations. Therefore, these firms may require a hybrid cloud approach to maintain more direct control over their IT infrastructure. The data warehouses having hybrid capabilities provide seamless integration between physical and virtual clouds while offering visibility and control over the firm’s IT environment. For this purpose, financial institutions make use of data warehousing services to meet the strict security and compliance requirements; thereby driving the global data warehousing industry market growth.
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Global Data Warehousing Market Segmentation
By Mode of Deployment
• On-Premises
• Cloud-Based
By Industry Vertical
• BFSI
• IT & Telecom
• Retail
• Healthcare
• Others (Manufacturing)
Global Data Warehousing Market Segment by Region
North America
• US
• Canada
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East and Africa
Rest of the World
Company Profiles
• Actian Corp.
• Amazon Web Services Inc.
• Cloudera Inc.
• Dell Inc.
• Equinix Inc.
• Google LLC
• Hewlett-Packard Co.
• IBM Corp.
• Infobright Inc.
• Kognitio Ltd.
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Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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