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Data Warehouse as a Service Market is expanding at a compound annual growth rate of 21.1% during the forecast period 2022-2029 | Size, Analysis & Forecast
Data Warehouse as a Service Market
For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/data-warehouse-as-a-service-market/
The factors driving growth of the Data Warehouse as a Service Market includes rise in the volumes of structured and substructure data generated across industry verticals, emerging complexities in managing data quality, strict regulations imposed by Governments to regarding data privacy and improvements in the living standards. Moreover, growing adoption of advanced technologies such as Cloud computing, Artificial Intelligence (AI) and Big Data Analytics, expansion of the e-commerce industry, increase in the launch of new products and rapid urbanization, are some of the additional factors propelling the Data Warehouse As A Service Market size In addition, the increasing investments by major corporations on research and development, strategic partnerships and acquisitions between industry players and growing disposable incomes, are further contributing towards the market growth.
However, growth of the Data Warehouse as a Service Market is hindered due to insufficient availability of skilled workforce
The prominent players operating in the market are HP Co., Snowflake Computing Inc., SAP SE, Kognitio Ltd, Amazon Web Series Inc., IBM Corporation, Microsoft Corporation, Exasol AG, Infobright Inc. and EMC Corporation, among others.
Based on Organization Size, the Large Enterprises segment is predicted to grow at a remarkable CAGR during the forecast period
As per the Data Warehouse as A Service Market Research Report, cloud solutions provide low latency and aids businesses in understanding products, customer, and services, are some of the factors pushing growth of the segment.
Based on End-Use Industry, the BSFI segment is projected to dominate the market over the forecast period
According to the Data Warehouse as A Service Market Global Analysis, data warehouse services automatically track the performance and behavior of the information stored in systems and enhances operational efficiency, are some of the factors responsible for the segment's growth.
Based on Region, the North American region is anticipated to capture the highest market share during the forecast period
As per the Data Warehouse as A Service Market Forecast, presence of the leading players such as Amazon Web Series Inc., IBM Corporation and Microsoft Corporation, huge volumes of data generated across industry verticals and growing adoption of advanced technologies, are some of the important factors augmenting the market growth in the North American region.
Key Development
In 2019, IBIOS IT collaborated with IBM to provide POWER9 solutions. This collaboration will offer a POWER9 product range, which will enhance core and chip architecture for next-generation applications to its customer to gain real value.
Market Segmentation
Segmentation by Organization Size
Large Enterprise
Medium Enterprise
Small Enterprise
Segmentation by End-Use Industry
BFSI
Government
Healthcare
E-commerce & retail
Media & Entertainment
Segmentation 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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