Press release
Soaring Demand Set to Propel Active Data Warehousing (ADW) Market to $19.12 Billion by 2029
Active Data Warehousing (ADW)
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What Is the Expected CAGR for the Active Data Warehousing (ADW) Market Through 2025?_x000D_
In recent times, there has been considerable growth in the size of the active data warehousing (adw) market. It is set to enlarge from its present mark of $10.51 billion in 2024 to a predicted $11.51 billion by 2025, delivering a compound annual growth rate (CAGR) of 9.6%. The past growth can largely be pinned on factors such as escalating data volumes, increased adoption of business intelligence, the rising demand for real-time analytics, e-commerce expansion, and the need for regulatory compliance._x000D_
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What's the Projected Size of the Global Active Data Warehousing (ADW) Market by 2029?_x000D_
Over the coming years, the active data warehousing (adw) market is predicted to experience swift expansion, growing to $19.12 billion by 2029 with an annual compound growth rate (CAGR) of 13.5%. This growth throughout the projected period can be linked to factors such as the adoption of cloud computing, expansion of big data analytics, increasing need for real-time decision making, enhanced emphasis on data privacy and security, and the changing regulatory environment. The period ahead will witness key trends such as technological advancements and innovations, the incorporation of artificial intelligence (AI) into data warehousing, the rise of hybrid cloud data warehouses, a growing demand for self-service data preparation tools, and an increased focus on data governance and quality._x000D_
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Top Growth Drivers in the Active Data Warehousing (ADW) Industry: What's Accelerating the Market? _x000D_
The rise in cloud computing needs is set to significantly impact the expansion of the active data warehousing (ADW) market. Cloud computing, which encompasses services like servers, storage, databases, networking, software, analytics, and intelligence provided over the internet, enhances the scalability, data incorporation, and cost-effectiveness critical for active data warehousing. This enables swift analytics and informed decision-making. Compared to conventional systems on-premise, cloud-based dynamic data warehousing is more economical as it eliminates the need for costly hardware and software investments. As per the European Commission, a Belgium-based government administration's data from December 2023, there was an increase by 4.2 percentage points in enterprises adopting cloud computing services in the EU in 2023 compared to 2021. Hence, the escalating requirement for cloud computing is a significant contributing factor to the accelerated expansion of the active data warehousing market._x000D_
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What Trends Will Shape the Active Data Warehousing (ADW) Market Through 2029 and Beyond?_x000D_
The absorption of technological advancements has emerged as a significant trend in the active data warehousing (ADW) market. Major firms operating in this arena are concentrating on engineering advanced technological products and services to maintain their market presence. For instance, in March 2023, SAP SE, a company specialized in software and based in Germany, launched SAP Datasphere. This innovative data warehouse cloud solution streamlines the data landscape for users, offering easy availability to business-vital data across the entire landscape. The product empowers data experts to enable scalable access to crucial corporate data. SAP Datasphere, integrating data integration, data cataloging, semantic modeling, data warehousing, data federation, and data virtualization in a unified experience, aids data professionals in sharing business-vital data throughout the data landscape while preserving business logic and context. It enables customers to establish an enterprise data fabric architecture that facilitates quick access to key data, thereby reducing data landscape complexity._x000D_
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What Are the Main Segments in the Active Data Warehousing (ADW) Market?_x000D_
The active data warehousing (adw)market covered in this report is segmented - _x000D_
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1) By Deployment Mode: Cloud-Based, On-Premises_x000D_
2) By Enterprise Size: Large Enterprise, Small And Medium-Sized Enterprise_x000D_
3) By Industry Vertical: Banking, Financial Services And Insurance (BFSI), Healthcare, Manufacturing, Information Technology (IT) And telecommunication, Government And Public Sector, Retail, Media And entertainment, Other Industry Verticals_x000D_
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Subsegments:_x000D_
1) By Cloud-Based: Public Cloud, Private Cloud, Hybrid Cloud _x000D_
2) By On-Premises: Traditional On-Premises Solutions, Virtualized On-Premises Solutions _x000D_
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Which Top Companies are Driving Growth in the Active Data Warehousing (ADW) Market?_x000D_
Major companies operating in the active data warehousing (ADW) market include Microsoft Corporation, Huawei Technologies Co. Ltd, Amazon Web Services Inc., Internationale Business Machines (IBM) Corporation, Oracle Corporation, SAP SE, Hewlett Packard Enterprise Company, Google Cloud Platform, Palantir Technologies, Teradata Corporation, Informatica LLC, Cloudera Inc., Snowflake Computing Inc., MicroStrategy Incorporated, Talend SA, Qubole, Fivetran Inc., Sisense Inc., ThoughtSpot Inc., Actian Corporation, Treasure Data Inc., Snowplow analytics, SingleStore, Firebolt Analytics, Yellowbrick Data, Sisu Data, Panoply Ltd., Kognitio Ltd., Dremio Corporation _x000D_
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Which Regions Will Dominate the Active Data Warehousing (ADW) Market Through 2029?_x000D_
North America was the largest region in the active data warehousing market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the active data warehousing (ADW) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa_x000D_
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