Regionally, the data warehousing market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa region. The market in Asia Pacific industry is poised to hold largest revenue share by 2037 on the back of the increasing establishment of data centers for providing big data solutions, and rapidly growing IT infrastructure. In addition, surging spending on cloud technologies is also predicted to boost the market growth in the region in the coming years. In 2019, China spent approximately USD 13 billion on public cloud services, whereas Australia and India spent about USD 4 billion and USD 3 billion respectively. Moreover, the market in North America is expected to occupy the largest share during the forecast period ascribing to the presence of technologically advanced infrastructure for data warehousing, and strong footprint of market players in the region.
Author Credits: Abhishek Verma
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