According to the latest report by IMARC Group, titled “Data Warehousing Market: Global Industry Trends, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the data warehousing market share. The global data warehousing market size reached US$ 25.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 47.2 Billion by 2027, exhibiting a growth rate (CAGR) of 10.76% during 2022-2027.

Structured, semi-structured, and unstructured data are all stored, analyzed, and reported using data warehouse software. 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.

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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:

The significant increase in the volume of data produced by organizations is the main factor driving the global data warehousing market. 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.

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 with Key Player:

• 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

• Teradata Corporation

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

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