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Data Warehousing Market Competitor Analysis, Trends, Size 2024-2033
Data Warehousing Market Competitor Analysis
As per the report, the data warehousing market size has grown rapidly in recent years. It will grow from $30.57 billion in 2023 to $34.52 billion in 2024 at a compound annual growth rate (CAGR) of 12.9%. The data warehousing market size is expected to see rapid growth in the next few years. It will grow to $59.05 billion in 2028 at a compound annual growth rate (CAGR) of 14.4%.
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Fueling The Growth Of The Data Warehousing Market
The escalating proliferation of cloud technology is expected to propel the growth of the data warehousing market going forward. Cloud technology refers to the supply of computer services over the internet, including servers, storage, databases, networking, software, analytics, and intelligence. Cloud data warehouses enable customers to access and safeguard valuable data while maintaining processing speeds. For instance, according to Eurostat, the statistical office of the European Union (EU), in 2021, cloud computing was used by 41% of EU businesses, primarily for file storage and e-mail, and the usage grew in 2021 compared to 2020, especially in the retail sector. So, the escalating proliferation of cloud technology among enterprises is driving the data warehousing market growth.
Oracle's Autonomous Data Warehouse Redefines Innovation
Innovations in data warehousing are a key trend gaining popularity in the data warehousing market. Major companies operating in data warehousing are introducing innovative products to strengthen their position in the market. For instance, in March 2021, Oracle, a US-based company operating in data warehousing, introduced a set of innovative enhancements to its autonomous data warehouse, the first self-driving cloud data warehouse. The innovative advancements include a single data platform built for businesses to transform, ingest, store, and govern all data and then run diverse analytical workloads from any source, including enterprise data warehouses and departmental systems.
The data warehousing market covered in this report is segmented -
1) By Offering Type: ETL Solutions, Statistical Analysis, Data Mining, Other Offering Types
2) By Data Type: Unstructured Data, Semi-Structured & Structured Data
3) By Deployment Mode: On-Premise, Cloud, Hybrid
4) By Organization Type: Large enterprises, SMEs
5) By Industry Vertical: BFSI, IT and Telecom, Government, Manufacturing, Retail, Healthcare, Media and Entertainment, Other Industry Verticals
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Major companies operating in the data warehousing market report are Actian Corporation, Cloudera Inc., Amazon. com Inc., IBM Corporation, Google LLC, Oracle Corporation, Microsoft Corporation, Snowflake Inc., SAP SE, Amazon Redshift, Amazon Web Services, 1010DATA, Accur8Software, AtScale Inc., Attunity, Dell Technologies Inc., Informatica LLC, Micro Focus International plc, MarkLogic Corporation, Netavis Software Gmbh, Panoply Ltd., Pivotal Software Inc., Hewlett Packard Enterprise Company, VMware Inc., Huawei Technologies Co. Ltd., Kognitio Ltd., TIBCO Software Inc., Vertica Systems, Yellowbrick Data Inc., Alteryx Inc.
Contents of the report:
1. Executive Summary
2. Data Warehousing Market Report Structure
3. Data Warehousing Market Trends And Strategies
4. Data Warehousing Market - Macro Economic Scenario
5. Data Warehousing Market Size And Growth
…..
27. Data Warehousing Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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