Data Warehousing Market Size and Growth Rate:
According to the Research Report, the Global Data Warehousing Market Size was valued at USD 19.5 Billion in 2017 and was Expected to Reach at a CAGR of 9.5% by 2025 during the forecast period 2018-2025.
Data Warehousing Market Overview:
Data warehousing is the process of constructing and using the data warehouse. A data warehouse is constructed by integrating data from various heterogeneous sources that support analytical reporting, structured or ad-hoc queries, and decision making. It comprises data cleaning, data integration, and data consolidations.
Top impacting factors of Data Warehousing Market:
Need for a dedicated storage system for growing volume of data and rise in demand for column-oriented data warehouse solutions to perform advanced analytics are expected to drive the growth of the data warehousing market. However, the high implementation cost is expected to restrict the growth of this market.
Need for a dedicated storage system for growing volume of data:
Exponentially rise in the stream of data generating from various sources such as sensors, mobile devices, operational systems, social media is one of the biggest factors that drive the need to adopt data warehousing solutions for storing this huge amount of data which is one of the prime factors affecting the growth of data warehousing market. Organizations face the need to store the raw data in the form of different data types in a structured way. The need to leverage a large amount of data generated to be used for making business decisions further boosts the growth of the data warehousing market. The increase in adoption of big data and advanced analytics combining into data warehousing drive the adoption of data warehousing in the majority of the enterprises.
Data Warehousing Market Drivers and Restraints:
The report focuses on the growth prospects, restraints, and data warehousing market trends. The study provides Porter’s five forces analysis of data warehousing to understand the impact of various factors such as bargaining power of suppliers, competitive rivalry, the threat of new entrants, the threat of substitutes, and bargaining power of buyers on the data warehousing market growth.
The high implementation cost of Data Warehousing Market:
The high cost of data warehousing solutions hampers the growth of this market as the budget of enterprises, especially for SMEs is limited. Its high implementation cost causes budget constraints in small- & medium-sized businesses to provide effective data warehousing, which restricts the growth of the data warehousing market.
Key Benefits for Data Warehousing Market:
This study presents the analytical depiction of the global data warehousing industry along with the current trends and data warehousing market forecast to determine the imminent investment pockets.
Data Warehousing Market – Regional Presence:
North America dominated the overall data warehousing market share in 2017, due to early adoption of data warehousing, continuously generating a large volume of data from various sources in this region. In addition, the presence of most of the major players of data warehousing and regulation and compliance policies fuel the growth of this segment.
Some of the Prominent Companies leading the Global Data Warehousing Market Profiled in the Report are:
- Actian Corp
- Amazon
- Cloudera
- Google
- IBM Corporation
- Microsoft
- Oracle Corporation
- SAP
- Snowflake
- Teradata
The Research Report segments the Data Warehousing Market into the following submarkets:
Data Warehousing Market – By Type of Offerings:
- Extraction, Transportation and loading solutions
- Data Mining
- Statistical Analysis
- Others
Data Warehousing Market – By Deployment:
- On-Premise
- Cloud
- Hybrid
- Others
Data Warehousing Market – By Organization Size:
- Small and Medium Sized Enterprises
- Large Enterprises
Data Warehousing Market – By Type of Data:
- Structured Data
- Unstructured Data
Data Warehousing Market – By Industry Verticals:
- BFSI
- Telecom and IT
- Government
- Manufacturing
- Retail
- Healthcare
- Media and Entertainment
- Others
Data Warehousing Market – By Region:
- North America
- Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Latin America
- Middle-East & Africa