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Data Warehousing: A Leading Driver Behind Fueling The Growth Of The Data Warehousing Market Market Expansion in 2025
Data Warehousing
What Will the Data Warehousing Industry Market Size Be by 2025?
The market size of data warehousing has expanded swiftly in the past few years. It is projected to increase from $33.76 billion in 2024 to $37.73 billion in 2025, corresponding to a compound annual growth rate (CAGR) of 11.7%. The ascent in the precedent period can be credited to the surge in enterprise data volume, heightened intricacy of data analysis, business intelligence and reporting demands, growth in cloud computing, and the utilization of data warehousing for decision-making support.
What's the Long-Term Growth Forecast for the Data Warehousing Market Size Through 2029?
In the coming years, the data warehousing market is set for a swift enlargement, escalating to $69.64 billion in 2029 with a 16.6% compound annual growth rate (CAGR). The projected increase during this period is linked to the growing need for real-time data analytics, expansion of edge computing and IoT data processing, the importance placed on hybrid and multi-cloud data warehousing, greater emphasis on data security and privacy, and the increasing demand for business intelligence and analytic solutions. The anticipated tendencies during this period consist of the incorporation of artificial intelligence and machine learning into data warehousing, the acceptance of data lake architecture, the application of in-memory processing for accelerated analytics, augmented analytics for superior business insights, and the attention on environmentally-friendly data warehousing practices.
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What Are the Key Growth Drivers Fueling the Data Warehousing Market Expansion?
The anticipated surge in cloud technology utilization is predicted to fuel the expansion of the data warehousing market in the future. Cloud technology involves the provision of computer services via the internet, such as servers, storage, databases, networking, software, analytics, and intelligence. Cloud data warehouses allow clientele to protect and access crucial data while preserving processing speeds. For instance, as per the information given by worldmetrics.org, an independent entity offering an extensive array of statistics, the worldwide data warehousing market is anticipated to hit $34.7 billion by 2025, with a projected CAGR of 9.9% between 2020 and 2025. Interestingly, 57% of organizations perceive data warehouse modernization as vital for digital transformation, but over 95% of data warehouse projects allegedly do not fulfill business necessities.
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What Are the Key Trends Driving Data Warehousing Market Growth?
Developments in data warehousing technology are becoming a dominant trend in the data warehousing market. Major players in the data warehousing sector are launching inventive products to consolidate their market presence. For instance, in September 2024, Oracle, an American company involved in data warehousing, unveiled the Intelligent Data Lake and AI-Powered Generative Analytics for its Oracle Data Intelligence Platform. These enhancements amplify data integration and analytical prowess, thereby enabling organizations to manage and scrutinize both structured and unstructured data more effectively. The Intelligent Data Lake serves as a scalable storage system, while the generative AI tools enable automated insights, thereby enhancing data usability and the decision-making process.
How Is the Data Warehousing Market Segmented?
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
Subsegments:
1) By ETL Solutions: Batch ETL Tools, Real-Time ETL Tools, Data Integration Solutions
2) By Statistical Analysis: Descriptive Statistics Tools, Inferential Statistics Tools, Predictive Analytics Tools
3) By Data Mining: Association Rule Learning Tools, Clustering Tools, Classification Tools
4) By Other Offering Types: Data Visualization Tools, Data Governance Solutions, Data Quality Management Tools
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Which Companies Are Leading the Charge in Data Warehousing Market Innovation?
Major companies operating in the data warehousing market include Actian Corporation, Cloudera Inc., Amazon. com Inc., IBM Corporation, Google LLC, Oracle Corporation, Microsoft Corporation, Snowflake Inc., SAP SE, Amazon Web Services, 1010DATA, AtScale Inc., Dell Technologies Inc., Informatica LLC, Micro Focus International plc, MarkLogic Corporation, Panoply Ltd., Hewlett Packard Enterprise Company, VMware Inc., Huawei Technologies Co. Ltd., Kognitio Ltd., TIBCO Software Inc., Vertica Systems, Yellowbrick Data Inc., Alteryx Inc.
Which Regions Are Leading the Global Data Warehousing Market in Revenue?
North America was the largest region in the data warehousing market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data warehousing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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