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Data Warehouse as a Service Market is estimated to grow at a significant a CAGR of 21.1 during the forecast period, 2022-2029.
The factors driving the growth of Data Warehouse as a Service Market includes growing adoption of business intelligence tools and data analytics by big enterprises for managing their day-to-day operations and increasing application of data warehousing in finance, business, and healthcare industries. Moreover, its ability to reduce the computing cost, growing application of Artificial Intelligence and cloud computing in data warehousing and emerging demand for high-speed analytics and low latency, are some of the factors augmenting the growth of Data Warehouse as a Service Market. In addition, the increasing volumes of data generated around the world and Governments regulations about data leakage, are some of the additional factors supplementing the growth of Data Warehouse as a Service Market.
However, the growth of Data Warehouse as Service Market is hindered due to technical problems linked with managing data quality.
The major players operating in the market are SAP SE, Kognitio Ltd, Exasol AG, HP Co., Amazon Web Series Inc., IBM Corporation, Infobright Inc., EMC Corporation, Microsoft Corporation and Snowflake Computing Inc. among others.
Organization Size- Segment Analysis
Based on Organization Size, Large Enterprises segment is projected to expand a faster CAGR during the forecast period due to growing demand for business intelligence tools and cloud services around the world.
End-Use Industry- Segment Analysis
Based on the End-use industry, the BFSI segment is anticipated to grow at the fastest rate over the forecast period. The increasing number of FinTech Startups across the globe, rising demand for online data need analytics solutions and huge volumes of data generated in the BFSI Sector, are accelerating the growth of the segment.
Region- Segment Analysis
Based on region, the North America region is predicted to dominate the market over the forecast period due to availability of advanced warehouse infrastructure and increasing volumes of data generated through social networking websites. Moreover, the increasing adoption of cloud data warehouse solutions and the significant presence of IT Firms, are expected to boost the growth of the North-American region.
Market Segmentation
Data Warehouse as a Service Market by Type
Large Enterprise
Medium Enterprise
Small Enterprise
Data Warehouse as a Service Market by Livestock
BFSI
Government
Healthcare
E-commerce & retail
Media & Entertainment
Global Warehouse as a Service Market by Region
Asia Pacific
China
Japan
India
Rest of APAC
North America
United States of America
Canada
Europe
United Kingdom
Germany
France
Spain
Rest of Europe
RoW
Brazil
South Africa
Saudi Arabia
UAE
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