Title: Data Warehousing Market Report, Forecast To 2025
1Data Warehousing Market to exceed 30bn by 2025
growing at CAGR of 12
2Key Insights from Data Warehousing Market
- Data warehousing market is projected to surpass
USD 30 billion by 2025. The market growth is
attributed to the rising adoption of data
warehousing solutions among enterprises to
simplify big data management. Such solutions
enable enterprises to efficiently store and
analyze vast volumes of enterprise data and are
widely deployed for a variety of applications
such as data mining, statistical reporting, and
knowledge management. The data warehousing
solutions are slowly substituting traditional
data repositories and legacy database management
systems for enhanced business intelligence. As
data warehousing systems offer critical business
insights into enterprises for sustained business
growth and maintenance of competitive advantage,
the demand for these solutions is expected to
accelerate over the forecast timeline. - Huge investments in cloud technology and the
increasing adoption of cloud platforms by
enterprises will also drive the demand for data
warehousing solutions. On-premise appliances are
consistently falling behind on storage and
computing power requirements due to the excessive
volume and speed of data generation. This has
compelled the enterprises to adopt cloud-based
solutions with minimum infrastructure
requirements, on-demand computing, and unlimited
storage benefits.
3Continued
The unstructured data segment held a major market
share in 2018 and is expected to maintain its
dominance in the market with a share of over 65
in 2025. Unstructured data is gaining significant
traction as enterprises realize the economic
potential of this data. Unstructured data from
various sources including social media, email,
search history, and geolocation details is
enabling organizations to design successful
strategies for business growth. For instance, in
December 2017, the healthcare firm Cerner
Corporation deployed data warehousing solutions
from Microfocus to analyze unstructured data
sourced from patient queries and medical
searches. These solutions helped Cerner in
providing a better prognosis and in reducing
patient waiting times. Hybrid solutions in the
data warehousing market are expected to grow at a
CAGR of over 15 from 2019 to 2025. Hybrid
solutions offer efficient integration of
on-premise appliances with a cloud platform. This
provides enterprises with the flexibility and
scalability of cloud-based solutions with
additional data security and control. As more
enterprises are adopting hybrid solutions to
upgrade their existing on-premise data
warehousing appliances, the segment will witness
a significant market growth over the forecast
timeline.
4 Latest Research Report On Data Warehousing Market
_at_ https//www.gminsights.com/industry-analysis/da
ta-warehousing-market Request for a sample of
this research report _at_ https//www.gminsights.com/
request-sample/detail/3744
5North America Data Warehousing Market Size, By
Application, 2018 (USD Million)
6Major Companies in Data Warehousing Market
- AWS
- 1010DATA
- Accur8Software
- Actian Corp
- AtScale Inc.
- Attunity
- Cloudera Inc.
- Dell
- Google
- IBM Corporation
- Informatica
- Microfocus
- Microsoft Corporation
- Oracle Corporation
- Panoply Ltd.
- Pivotal Software Inc.
- SAP SE
- Sigma Computing
- Snowflake Inc.
7Industry Coverage
8Regional Insights in Data Warehousing Market
- The Europe data warehousing market held a share
of over 20 in 2018. This growth is due to rise
in the adoption of cloud computing, hefty
government funding in smart cities IoT, and
establishment of data centers in major European
cities (Zurich, London, Frankfurt, and Madrid) by
several data warehousing vendors. As enterprises
in the region are rapidly migrating to
cloud-based solutions, the demand for data
warehousing will increase due to the flexibility
and cost-effectiveness of these solutions.
9 Stay In Touch Website www.gminsights.com Soci
al Media