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.
Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/data-warehousing-market/requestsample
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.
Competitive Landscape:
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..
For more information about this report visit: https://bit.ly/3k22nTo
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.
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.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us:
IMARC Group 30 N Gould St Ste R Sheridan, WY 82801 USA – Wyoming Email: [email protected] Tel No:(D) +91 120 433 0800 Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
At Procurement-newz.com, we strive to keep you informed about industry developments, emerging technologies, sustainable sourcing practices, and strategic sourcing strategies. Our mission is to provide valuable resources and thought-provoking content to help you stay ahead in the dynamic procurement landscape.
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish.AcceptRejectRead More
Privacy & Cookies Policy
Privacy Overview
This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are as essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Social