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Data Warehousing Market 2020: Industry Growth, Competitive Analysis, Future Prospects and Forecast 2025

Author : Ronak Bora | Published Date : 2020-09-17 

Data warehousing market share from the statistical analysis segment is likely to record prominent growth at the rate of over 15% through 2025 across the globe. The process of statistical analysis comprises the collection and analysis of stored quantitative data from a data warehouse, with the aim of identifying essential statistical relationships.

Burgeoning usage of these systems by government and research establishments for efficient analysis of historic data and the detection of valuable data patterns is likely to spur demand for statistical analysis tools in the overall data warehousing market landscape.  These systems provide high reusability (data recycling) prospects for different conditions, allowing enterprises to develop forecast models and extrapolative algorithms for data analysis with minimal data set changes.

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Growing demand for effective ways of storage and testing of enterprise big data will help to augment data warehousing market size by 2025. Data warehousing is rapidly substituting conventional database management systems and legacy Business Intelligence (BI) tools. Data warehouses enable storage of disparate data by transmuting and standardizing several data types into one common format. Data warehousing helps to store large data volumes, and which can be retrieved faster in comparison to other operational systems. Huge benefits offered by the technology are offering impetus to the growth of data warehousing industry share.Data warehousing market forecast report predicts that on-premise data warehousing industry trends will be enhanced owing to low network latency and improved security. On-premise data warehouses do not undergo network lags and provide quicker query processing. These systems provide enterprises with improved data security because critical enterprise data is instituted on in-house data centers. Unification of other services is easier with on-premise data warehouse due to the presence of a single server.

North America data warehousing market trends are projected to develop significantly by 2025 with a share of more than 40%. The growth can be accredited to strong ICT infrastructure, rapid adoption of cloud services, and augmenting prevalence of big data analytics. Companies in the region have been moving from traditional data warehouse tools to cloud-based solutions to raise scalability, cost-effectiveness, and to reduce hardware dependency. Presence of a number of key data warehouse vendors such as Oracle, IBM, Google, and Microsoft is also anticipated to drive North America data warehousing industry trends.

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.

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The main focus of the companies operating in data warehousing market have been on providing latest services and products to earn hefty revenue share. With the amplifying demand for data warehousing solutions, competitive landscape has been becoming more intense with major vendors have been focusing more on technology development and aggressive pricing to stay ahead of competition. A few of the key participants include IBM, AWS, Google, Oracle Corporation, Microsoft Corporation, etc. Reports predict that data warehousing industry size is slated to surpass $30 billion by 2025.

Table of Contents (ToC) of the report:

Chapter 5.   Data Warehousing Market, By Data Type

5.1.  Key trends, by data type

5.2.  Structured

5.2.1. Market estimates and forecast, 2014 – 2025

5.3.  Unstructured

5.3.1. Market estimates and forecast, 2014 – 2025

Chapter 6.   Data Warehousing Market, By Deployment Model

6.1.  Key trends, by deployment model

6.2.  On-premise

6.2.1. Market estimates and forecast, 2014 - 2025

6.3.  Cloud

6.3.1. Market estimates and forecast, 2014 - 2025

6.4.  Hybrid

6.4.1. Market estimates and forecast, 2014 - 2025

Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/data-warehousing-market

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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