Data Warehousing Market Report by Offering (ETL Solutions, Statistical Analysis, Data Mining, and Others), Data Type (Unstructured Data, Semi-Structured and Structured Data), Deployment Model (On-premises, Cloud-based, Hybrid), Enterprise Size (Large Enterprises, Small and Medium-sized Enterprises), End User (BFSI, IT and Telecom, Government, Manufacturing, Retail, Healthcare, Media and Entertainment, and Others), and Region 2023-2028
The global data warehousing market size reached US$ 28.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 51.7 Billion by 2028, exhibiting a growth rate (CAGR) of 10.4% during 2023-2028.
Data warehousing is the process of electronically storing, analysis and reporting structured, semi-structured and unstructured data. It records information from various sources, such as point-of-sale (POS) transactions, marketing systems and customer relationship management (CRM) solutions. It can record historical and current data in a centralized repository to provide long-term insights and business intelligence (BI). Some commonly used data warehousing solutions include enterprise data warehouse (EDW), operational data store and data mart. They can be deployed on-premises, cloud or in hybrid environments and consist of load, warehouse and query managers used for extracting and analysis of data to ensure consistency, creation of indexes, aggregates and transformation and merging of source data.
Data Warehousing Market Trends:
The rising demand for next generation BI solutions, along with the increasing amount of data generated by organizations across the globe, is one of the key factors driving the market growth. Moreover, the increasing requirement for dedicated storage systems to perform enhanced data analytics with low latency and the real-time view is providing a thrust to the market growth. In line with this, the emerging trend of virtual data warehousing is also contributing to the growth of the market. It offers a condensed view of the data inventory and metadata and utilizes middleware to form connections to different information sources and prevent replication of physical data. Additionally, various technological advancements, such as the integration of data warehouses with artificial intelligence (AI) and machine learning (ML) solutions, are acting as other growth-inducing factors. These innovative solutions automatically optimize and transform data according to user requirements and extract predictive insights. Other factors, including significant improvements in the information technology (IT) infrastructure, along with extensive research and development (R&D) activities, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global data warehousing market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on offering, data type, deployment model, enterprise size and end user.
Breakup by Offering:
Breakup by Data Type:
Semi-Structured and Structured Data
Breakup by Deployment Model:
Breakup by Enterprise Size:
Small and Medium-sized Enterprises
Breakup by End User:
IT and Telecom
Media and Entertainment
Breakup by Region:
Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.
Base Year of the Analysis
Offering, Data Type, Deployment Model, Enterprise Size, End User, Region
Asia Pacific, Europe, North America, Latin America, Middle East and Africa
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
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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Key Questions Answered in This Report
The global data warehousing market was valued at US$ 28.7 Billion in 2022.
We expect the global data warehousing market to exhibit a CAGR of 10.4% during 2023-2028.
The sudden outbreak of the COVID-19 pandemic has led to the increasing deployment of data warehousing to electronically store, analyze, and report structured, semi-structured, and unstructured data, during remote working and Bring-Your-Own-Device (BYOD) models.
The rising integration of data warehouses with AI and Machine Learning (ML) solutions to automatically optimize and transform data according to user requirements and extract predictive insights, is primarily driving the global data warehousing market.
Based on the offering, the global data warehousing market can be segmented into ETL solutions, statistical analysis, data mining, and others. Currently, ETL solutions hold the majority of the total market share.
Based on the data type, the global data warehousing market has been divided into unstructured data and semi-structured and structured data, where semi-structured and structured data currently accounts for the largest market share.
Based on the deployment model, the global data warehousing market can be categorized into on-premises, cloud-based, and hybrid. Among these, on-premises exhibit a clear dominance in the market.
Based on the enterprise size, the global data warehousing market has been segregated into large enterprises and small and medium-sized enterprises, where large enterprises currently hold the majority of the global market share.
Based on the end user, the global data warehousing market can be bifurcated into BFSI, IT and telecom, government, manufacturing, retail, healthcare, media and entertainment, and others. Currently, the BFSI sector exhibits a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global data warehousing market include 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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