Data Warehousing Market Trends

  • Report ID: 3818
  • Published Date: Aug 22, 2024
  • Report Format: PDF, PPT

Data Warehousing Market Trends

Growth Drivers

  • Increasing Demand for Next-Generation Business Intelligence
  • Rising Need for Dedicated Storage Systems for Surge in Volumes of Data Worldwide

Challenges

  • High Deployment Cost of Data Warehousing

Data Warehousing Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

10.5%

Base Year Market Size (2023)

USD 31.24 billion

Forecast Year Market Size (2036)

USD 114.4 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Abhishek Verma


  • Report ID: 3818
  • Published Date: Aug 22, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of data warehousing is estimated at USD 33.86 billion.

Data Warehousing Market size was valued at USD 31.24 billion in 2023 and is likely to reach USD 114.4 billion by 2036, registering around 10.5% CAGR during the forecast period i.e., between 2024-2036. The market growth is driven by increasing demand for next-generation business intelligence, and rising need for dedicated storage systems for surge in volumes of data worldwide.

Asia Pacific industry is predicted to account for largest revenue share by 2036, led by increasing establishment of data centers for providing big data solutions, and rapidly growing IT infrastructure.

The major players in the market are AtScale Inc., Cloudera, Inc., IBM Corporation, Microsoft Corporation, MarkLogic Corporation, and others.
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