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Data Warehousing Market Size, Share, Growth, Industry Forecast | Valuates Reports
The global data warehousing market size was valued at USD 21.18 Billion in 2019, and is projected to reach USD 51.18 Billion by 2028, growing at a CAGR of 10.7% from 2020 to 2028. Increase in need for dedicated storage system for surge in volume of data, rise in demand for column-oriented data warehouse solutions to perform advanced analytics, the need for low-latency, real-time view, and analytics on operational data are some of the major factors that drive the global data warehousing market growth.
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Data Warehousing Market Trends
Increase in awareness of enterprises to utilize growth in streams of data from various sources in innovative ways and adoption of modern business intelligence tools by enterprises for which data warehousing is critical, are expected to fuel the growth of the market. Conversely, emerging trend of adopting virtual data warehousing and surge in application of AI in data warehousing are expected to provide lucrative opportunities for the growth of the global market.
Data Warehousing Market Segmentation
By Offering
• ETL Solutions
• Statistical Analysis
• Data Mining
• Others
By Type
• Unstructured Data
• Semi-Structured & Structured Data
By Deployment Model
• On-Premise
• Cloud
• Hybrid
By Enterprise Size
• Large Enterprises
• Small & Medium Enterprises
By Industry Vertical
• BFSI
• IT & Telecom
• Government
• Manufacturing
• Retail
• Healthcare
• Media & Entertainment
• Others
Key Companies
• Actian Corporation
• Amazon.com. Inc.
• Cloudera, Inc.
• Google Inc.
• IBM Corporation
• Microsoft Corporation
• Oracle Corporation
• SAP SE
• Snowflake, Inc.
• Teradata Corporation
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