Data Warehousing Market

Market Overview:

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:

• ETL Solutions
• Statistical Analysis
• Data Mining
• Others
   

Breakup by Data Type:

• Unstructured Data
• Semi-Structured and Structured Data
   

Breakup by Deployment Model:

• On-premises
• Cloud-based
• Hybrid
   

Breakup by Enterprise Size:

• Large Enterprises
• Small and Medium-sized Enterprises
   

Breakup by End User:

• BFSI
• IT and Telecom
• Government
• Manufacturing
• Retail
• Healthcare
• Media and Entertainment
• Others
   

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

Competitive Landscape:

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.

Report Coverage: