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Key Factor Supporting Global Data Warehousing Market Development in 2025: Fueling The Growth Of The Data Warehousing Market
Data Warehousing
How Large Will the Data Warehousing Market Size By 2025?
The expansion of the data warehousing market has been swift and significant in the past few years. The market, which is currently valued at $33.76 billion in 2024, is projected to surge to $37.42 billion in 2025, reflecting a compound annual growth rate (CAGR) of 10.8%. The historical growth in this market can be associated with factors such as an upsurge in enterprise data volume, the elevated complexity of data analysis, growing needs for business intelligence and reporting, the proliferation of cloud computing and the widespread adoption of data warehousing in decision support.
How Big Is the Data Warehousing Market Size Expected to Grow by 2029?
The value of the data warehousing market is anticipated to rapidly increase in the forthcoming years, reaching a valuation of $68.15 billion in 2029 with a Compound Annual Growth Rate (CAGR) of 16.2%. This surge during the projected period is linked to an increase in the need for live data analysis, growth in edge computing and IoT data processing, emphasis on blending and multi-cloud data warehousing, heightened awareness for data safety and privacy, and an escalating need for business intelligence and analytics solutions. Key trends for the future estimation period encompass the integration of artificial intelligence and machine learning in data warehousing, adoption of data lake architecture, utilization of in-memory processing for swift analytics, augmented analytics to improve business comprehension, and concentration on sustainable and environmentally friendly data warehousing practices.
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Which Key Market Drivers Powering Data Warehousing Market Expansion and Growth?
The anticipated surge in cloud technology adoption is likely to fuel the expansion of the data warehousing market in the future. Cloud technology encompasses the delivery of a variety of computer-related services via the internet, like servers, storage, databases, networking, software, analytics, and intelligence. It allows users to access and protect crucial data without compromising processing speeds through cloud data warehouses. For example, as per worldmetrics.org, an independent statistics data platform, the global data warehousing market's worth is forecasted to touch $34.7 billion by 2025, growing at an expected CAGR of 9.9% between 2020 and 2025. It should be observed that 57% of businesses consider the modernization of data warehouses as a key step towards digital transformation. However, over 95% of data warehouse-related projects do not reportedly satisfy business requirements.
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Which Fast-Growing Trends Are Poised to Disrupt the Data Warehousing Market?
Emerging trends in data warehousing technology are capturing attention in the data warehousing market. To maintain their stronghold on the market, top-tier data warehousing companies are utilizing technological advancements and unveiling innovative product offerings. For instance, in September 2024, Oracle, a frontline data warehouse company based in the US, launched Intelligent Data Lake and Generative AI-Powered Analytics for its Oracle Data Intelligence Platform. These cutting-edge features intensify data integration and analytics abilities, consequently equipping organizations with a more efficient tackle to manipulate and scrutinize both structured and unstructured data. The Intelligent Data Lake serves as an expansive, flexible repository, and the generative AI mechanisms provide automated insights that upgrade data usefulness and streamline the decision-making processes.
What Are the Emerging Segments in the Data Warehousing Market?
The data warehousingmarket covered in this report is segmented -
1) By Offering Type: ETL Solutions, Statistical Analysis, Data Mining, Other Offering Types
2) By Data Type: Unstructured Data, Semi-Structured & Structured Data
3) By Deployment Mode: On-Premise, Cloud, Hybrid
4) By Organization Type: Large enterprises, SMEs
5) By Industry Vertical: BFSI, IT and Telecom, Government, Manufacturing, Retail, Healthcare, Media and Entertainment, Other Industry Verticals
Subsegments:
1) By ETL Solutions: Batch ETL Tools, Real-Time ETL Tools, Data Integration Solutions
2) By Statistical Analysis: Descriptive Statistics Tools, Inferential Statistics Tools, Predictive Analytics Tools
3) By Data Mining: Association Rule Learning Tools, Clustering Tools, Classification Tools
4) By Other Offering Types: Data Visualization Tools, Data Governance Solutions, Data Quality Management Tools
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Who Are the Global Leaders in the Data Warehousing Market?
Major companies operating in the data warehousing market include Actian Corporation, Cloudera Inc., Amazon. com Inc., IBM Corporation, Google LLC, Oracle Corporation, Microsoft Corporation, Snowflake Inc., SAP SE, Amazon Web Services, 1010DATA, AtScale Inc., Dell Technologies Inc., Informatica LLC, Micro Focus International plc, MarkLogic Corporation, Panoply Ltd., Hewlett Packard Enterprise Company, VMware Inc., Huawei Technologies Co. Ltd., Kognitio Ltd., TIBCO Software Inc., Vertica Systems, Yellowbrick Data Inc., Alteryx Inc.
Which are the Top Profitable Regional Markets for the Data Warehousing Industry?
North America was the largest region in the data warehousing market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data warehousing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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