Global Data Warehouse as a Service Market, By Type (Enterprise Data Warehouse as a Service, Operational Data Storage), Usage (Analytics, Reporting, Data Mining), Deployment Model (Public Cloud, Private Cloud, Hybrid Cloud), Organization Size (Small and Medium-Sized Enterprises, Large Enterprises), Application (Customer Analytics, Risk and Compliance Management, Asset Management, Supply Chain Management, Fraud Detection and Threat Management, Others), Industry Vertical (Banking, Financial Services, and Insurance, Retail and Ecommerce, Healthcare and Pharmaceuticals, Telecommunications and IT, Government and Public Sector, Manufacturing, Media and Entertainment, Travel and Hospitality, Others) – Industry Trends and Forecast to 2030.
Data Warehouse as a Service Market Analysis and Size
The rise in need for the enterprises to understand the available information regarding business process, products, customers and services, the real-life applications of the technology in finance, business, healthcare and other industries and rising concerns on data manageability are the major factors driving the data warehouse as a service market. The growing importance of business intelligence in enterprise management across the business ecosystem, the demand for data warehouse services, especially across the cloud-based deployment and high need for low latency and high-speed analytics accelerate the data warehouse as a service market growth.
Data Bridge Market Research analyzes that the data warehouse as a service market which was USD 7,215.31 million in 2022, is likely to reach USD 11,402.58 million by 2030, and is expected to undergo a CAGR of 25.55% during the forecast period. “Enterprise data warehouse as a service” dominates the type segment of the data warehouse as a service market owing to the high demand of this type in the market. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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By Type (Enterprise Data Warehouse as a Service, Operational Data Storage), Usage (Analytics, Reporting, Data Mining), Deployment Model (Public Cloud, Private Cloud, Hybrid Cloud), Organization Size (Small and Medium-Sized Enterprises, Large Enterprises), Application (Customer Analytics, Risk and Compliance Management, Asset Management, Supply Chain Management, Fraud Detection and Threat Management, Others), Industry Vertical (Banking, Financial Services, and Insurance, Retail and E-commerce, Healthcare and Pharmaceuticals, Telecommunications and IT, Government and Public Sector, Manufacturing, Media and Entertainment, Travel and Hospitality, Others)
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Countries Covered
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U.S., Canada and Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina and Rest of South America
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Market Players Covered
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Google (U.S.), IBM Corporation (U.S.), Amazon (U.S.), Microsoft (U.S.), VMware, Inc. (U.S.), Hewlett Packard Enterprise Development LP (U.S.), Dell Inc (U.S.), Huawei Technologies Co., Ltd.(China), FUJITSU (Japan), Nutanix (U.S.), Microsoft (U.S.), NetApp (U.S.), Quantum Corporation (U.S.), Scale Computing (U.S.), DataCore Software (U.S.), Maxta (U.S.), SANGFOR TECHNOLOGIES (China), SAP SE (Germany)
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Market Opportunities
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Market Definition
Data warehouse as a service refers to a managed service and a type of outsourcing model which eliminates the expense of on premises data warehouse where the out sourcing service provider configures the software and hardware which an on premises data warehouse requires. This is a type of paid service in which the data is being provided by the customers to the out sourcing company.
Data Warehouse as a Service Market Dynamics
Drivers
- Increasing investments by data center companies in hyper-scale data centers
Various data center companies have invested highly in hyper-scale data centers, which will be expected to generate lucrative market growth opportunities. Last year, Equinix announced plans to construct around 32 hyper-scale data centers in a few major markets in Europe. With a total capacity of around 600 megawatts and above USD 6.9 billion in investment, the company goals to gain a better position in the rising landscape of hyper-scale data centers. Such growth in the region's data centers will increase the demand for the region's HCI market.
- Increasing demand for data security
A growing number of remote workers has generated new security challenges for businesses during the forecast period. Data Warehouse as a Service provides a scalable and secure infrastructure for these services, which supports businesses to protect their data and decrease cyberattack risks. Overall, the growing demand for data security in businesses is a major factor likely to drive the growth of the Data Warehouse as a Service market.
Opportunities
- The multiple advantages associated with Data Warehouse as a Service
Organizations need storage performance that is fast and reliable. Data warehouse as a service (HCI) offers safe and secure infrastructure and consolidates resources, streamlines management, and lowers costs by integrating networking and computation into a single system. These advantages have led to the augmented adoption of data warehouse as a service in many enterprises. As a result, the demand for it increases, likely enhancing market growth.
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The growing acceptance of the cloud platforms for businesses
The increasing acceptance of cloud platforms for businesses, mainly in developing countries, is expected to increase data warehouse as a service market growth in Asia-Pacific. The increasing adoption of digital technology for customer engagement is growing the company's focus on business expansion and developing new products.
Restraints/Challenges
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Increasing limitations on Data Warehouse as a Service standards
Growing limitations on data warehouse as a service standards are expected to obstruct the market's growth during the forecast period. For instance, problems with cloud compatibility and scalability can create major problems for organizations or enterprises that want to deploy data warehouse as a service systems.
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High cost associated with implementation
Data warehouse as a service products normally carry a premium price tag because there is no integrated interoperability between seller offerings. Aggregated nodes can enforce undesirable capital charges for resources that might not all be required. Furthermore, maintenance contract and software licensing costs can increase recurring data warehouse as a service costs. These factors will hamper the market growth.
This data warehouse as a service market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the data warehouse as a service market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Developments
- In May 2021, WPP partnered with Microsoft in order to transform content production with cloud studio
- In March 2020, the Google AI cloud platform was launched by Google in order to offer a design to deploy machine learning product pipelines
Global Data Warehouse as a Service Market Scope
The data warehouse as a service market is segmented on the basis of type, usage, deployment model, organization size, application and industry vertical. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Enterprise Data Warehouse As A Service
- Operational Data Storage
Usage
- Analytics
- Reporting
- Data Mining
Deployment Model
- Private Cloud
- Public Cloud
- Hybrid Cloud
Organization Size
- Medium And Small Sized Enterprises
- Large Enterprises
Application
- Customer Analytics
- Risk And Compliance Management
- Asset Management
- Supply Chain Management
- Fraud Detection
- Threat Management
- Others
Industry Vertical
- Banking Financial Services And Insurance (BFSI)
- IT and telecom
- Government
- Healthcare And Life Science
- Retail
- Power And Energy Manufacturing
- Oil And Gas
- Mining
- Education
- Transportation And Logistics
- Media And Entertainment
Data Warehouse as a Service Market Regional Analysis/Insights
The data warehouse as a service market is analyzed and market size insights and trends are provided by country, type, usage, deployment model, organization size, application and industry vertical as referenced above.
The countries covered in the data warehouse as a service market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and rest of South America as part of South America.
North America is expected to dominate the data warehouse as a service market due to the strong base of automotive facilities, strong presence of major players in the market.
Asia-Pacific is expected to witness significant growth during the forecast period of 2023 to 2030 due to the increase in government initiatives to promote awareness, rise in automotive facilities, growing research activities in the region, availability of massive untapped markets, large population pool.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
ICT Infrastructure growth Installed base and New Technology Penetration
The data warehouse as a service market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for Data Warehouse as a Service market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the data warehouse as a service market. The data is available for historic period 2010-2020.
Competitive Landscape and Data Warehouse as a Service Market Share Analysis
The data warehouse as a service market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to data warehouse as a service market.
Some of the major players operating in the Data Warehouse as a Service market are:
- Google (U.S.)
- IBM Corporation (U.S.)
- Amazon (U.S.)
- Microsoft (U.S.)
- VMware Inc. (U.S.)
- Hewlett Packard Enterprise Development LP (U.S.)
- Dell Inc (U.S.)
- Huawei Technologies Co. Ltd.(China)
- FUJITSU (Japan)
- Nutanix (U.S.)
- NetApp (U.S.)
- Quantum Corporation (U.S.)
- Scale Computing (U.S.)
- DataCore Software (U.S.)
- Maxta (U.S.)
- SANGFOR TECHNOLOGIES (China)
- SAP SE (Germany)
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