Overview, Analysis, Trends, Demand and Forecast 2026 – Designer Women
According to the latest report by IMARC Group, titled “Data Warehousing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” The global data warehousing market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 11% during 2021-2026.
Year Considered to Estimate the Market Size:
Base Year of the Analysis: 2020
Historical Period: 2015-2020
Forecast Period: 2021-2026
Data warehousing refers to storing, analyzing and reporting structured, semi-structured and unstructured data on an electronic platform. It also records historical and current data in a centralized repository for providing business intelligence (BI) and long-term insights. Data warehousing consists of load, warehouse and query managers deployed on-premises, cloud or hybrid environments to extract and analyze data.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends and Drivers:
The global data warehousing market is primarily driven by a significant rise in the amount of data generated by organizations. Data warehousing ensures consistency, creation of indexes, aggregates and transformation and merging of source data. Besides this, improvements in the information technology (IT) infrastructure and the emerging trend of virtual data warehousing are also contributing to the market growth. Furthermore, the rapid integration of data warehouses with artificial intelligence (AI) and machine learning (ML) solutions automatically transforms and optimizes data according to user requirements. These factors are expected to provide a positive thrust to the market in the coming years.
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Actian Corporation (HCL Technologies Limited), Amazon Web Services Inc. (Amazon.com Inc), Cloudera Inc., Dell Technologies Inc., Google LLC (Alphabet Inc.), Hewlett Packard Enterprise Development LP, International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, SAP SE, Snowflake Inc and Teradata Corporation..
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Data Warehousing Market Coverage and Industry Segmentation:
The report has segmented the market on the basis on region, offering, data type, deployment model, enterprise size, end user.
Market Breakup by Offering:
- ETL Solutions
- Statistical Analysis
- Data Mining
Market Breakup by Data Type:
- Unstructured Data
- Semi-Structured and Structured Data
Market Breakup by Deployment Model:
Breakup by Enterprise Size:
- Large Enterprises
- Small and Medium-sized Enterprises
Market Breakup by End User:
- IT and Telecom
- Media and Entertainment
Market Breakup by Region:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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