Cloud Datawarehouse Market Top Manufactures, Material, Production, Geography 2026

in #cloud2 years ago

The report "Cloud Datawarehouse Market with COVID-19 Impact By Application(Customer Analytics, Business Intelligence, Operational Analytics, Predictive Analytics), Vertical, Deployment Model, Type(EDWaaS & ODS) & Organization Size - Global Forecast to 2026" Theglobal Cloud Datawarehouse market size is expected to reach USD 12.9 billion by 2026, growing at a CAGR of 22.3% from 2021 to 2026 The global Cloud Datawarehouse market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 22.3% during the forecast period, to reach USD 12.9 billion by 2026 from USD 4.7 billion in 2021. Key factors that are expected to drive the growth of the market are the increasing role of business intelligence and data analytics in the enterprise management, growing dependence on data-driven decision-making to improve business performance, and requirement of regulatory governance and security.

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Operational data storage segment to grow at a higher CAGR during the forecast period

Based on the type, the market is segmented into two categories: enterprise data warehouse as service and operational data storage. The market for operational data storage is expected to grow at a higher CAGR during the forecast period. The growth is mainly attributed to the increasing demand for real-time data analytics and reporting. The implementation of ODS in an enterprise complements the existing data infrastructure and supports the current and future needs of the enterprise. In addition, the growing use of AI in data warehouses is likely to provide future growth opportunities for the ODS segment. Companies operating in the Cloud Datawarehouse market provide advanced solutions to meet the rapid growth of data volumes and to adhere to regulatory compliance mandates.

Public cloud segment to account for a higher market share during the forecast period.

The Cloud Datawarehouse market is segmented by deployment type into public and private cloud. The public cloud segment account for a higher share of the Cloud Datawarehouse market during the forecast period due to increasing investments in mobility, collaboration and other remote working technology and infrastructure. While the private cloud model is gaining popularity in organizations to overcome security and data privacy challenges.

Healthcare and life sciences vertical to grow at a higher CAGR during the forecast period.

Healthcare and life sciences is one of the fastest-growing verticals as the industry is undergoing extensive development, with advancements in technologies, thereby enhancing the overall industry vertical. The quality of information and the interest toward quality medicinal administrations have turned out to be progressively imperative. Initially, owing to data complexities and a variety of medical cum clinical data, the adoption of Cloud Datawarehouse solutions in the healthcare sector was comparatively slow. However, over the past years, the increase in the usage of Cloud Datawarehouse solutions has proved to be handy in administrative and clinical areas. The vast amounts of data generated over the years have been used in a variety of areas, right from enhancing patient health to pharmaceuticals testing.

APAC to grow at a higher CAGR during the forecast period.

There is an increasing demand for Cloud Datawarehouse, which is cloud-driven and cloud-supported, in the APAC region, thereby resulting in increasing investments and technological advancements across various industries. BFSI is one of the biggest industry verticals in the APAC region, followed by manufacturing, and retail, and e-commerce. Due to the global competition, lower operational costs and higher productivity have become major concerns for local manufacturers, which need to be addressed immediately to stay competitive in the market. Companies in this region continue to focus on improving their customer service to drive competitive differentiation and revenue growth. This is pushing companies to explore hosted and cloud alternatives for on-premises-based Cloud Datawarehouse solutions. China, Japan, and Australia and New Zealand (ANZ) are the leading countries in terms of the adoption of the cloud datawarehouse services in the region.

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The Cloud Datawarehouse market comprises major providers, such as AWS(US), IBM(US), Microsoft(US), Google(US), Oracle(US), SAP(Germany), Snowflake(US), Micro Focus(UK), Teradata(US), 1010Data(US), Cloudera(US), Pivotal(US), Yellowbrick(US), Veeva Systems(US), Actian(US), Marklogic(US), Netavis Software(Austria), Solver(US), Accur8 Software(US), AtScale(US), Panoply(US), SingleStore(US), and Transwarp(China). The study includes an in-depth competitive analysis of key players in the Cloud Datawarehouse market with their company profiles, recent developments, COVID-19 developments, and key market strategies

Based on the application:

Business Intelligence

Customer Analytics

Data Modernization

Operational Analytics

Predictive Analytics

Based on the type:

Enterprise DWaaS

Operational data storage

Based on the deployment model:

Public cloud

Private cloud

Based on the organization size:

Large Enterprises

SMEs

Based on the vertical

BFSI

Energy and utilities

Government and public sector

Healthcare and life sciences

IT and ITeS

Manufacturing

Media and Entertainment

Retail and consumer goods

Telecommunications

Others

Based on the region:

North America

US

Canada

Europe

UK

Germany

France

Rest of Europe

APAC

China

Japan

Australia and New Zealand

Rest of APAC

MEA

Saudi Arabia

UAE

South Africa

Rest of MEA

Latin America

Brazil

Mexico

Rest of Latin America

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