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The "Global Data Warehouse as a Service Market Analysis to 2027" is a specialized and in-depth study of the Data Warehouse as a Service industry with a focus on the global market trend. Get more details on this report - Request Free Sample PDF Data warehousing refers to the amalgamation of data from several disparate sources, including social media, mobile data, and business applications. Transactional systems, relational databases, and other sources store the data into a data warehouse. The study covers emerging player's data, including: competitive landscape, sales, revenue … Intraday Data provided by FACTSET and subject to terms of use. To understand key trends, Download Sample Report. Also, the scope and scale of alliances and partnerships among enterprises in the United States are expanding to support and expand upon provider offerings across the data warehouse services space. On the basis of application, the market has been segmented into fraud detection and threat management, supply chain management, asset management, risk and compliance management, customer analytics, and others. In terms of market share, some of the players currently dominate the market. DoorDash prices IPO at more than $100 a share for valuation above $30 billion. Almost all enterprises are looking for a solution to reduce the time taken to search for data and improve the efficiency of both the employees and the organizations. Data Warehouse as a Service Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. On the basis of vertical, the global DWaaS market has been divided into banking, financial services and insurance (BFSI), retail & e-commerce, telecommunication and IT, healthcare and life sciences, manufacturing and automotive, government and public sector, travel and hospitality, media and entertainment, and others. The growing demand for low latency and high-speed analytics, coupled with the increasing role of business intelligence in enterprise management across the business ecosystem, is expected to drive the market demand. Copyright © 2020 MarketWatch, Inc. All rights reserved. Growing applications across verticals and the increasing demand from SME's offer lucrative opportunities to the key providers of DWaaS solutions in the global market. The data warehouse as a service market was valued at USD 1.44 billion in 2019 and is expected to reach USD 4.3 billion by 2025, at a CAGR of 20% over the forecast period 2020 - 2025. The growing interests of the companies to understand the available information regarding business process, products, customers and services to grab new business opportunities is positively impacting the market. Our research experts deliver the offerings efficiently and effectively within a stipulated time. This data is used for delivering valuable business insights and analytical reports. Further, the demand for data warehouse services, especially across the cloud-based deployment, is expected to rise, owing to tremendous growth in the volume of the structured and unstructured data generated across multiple end-user industries, such as BFSI, retail and e-commerce, government and public sector, and manufacturing industries. Due to a large amount of data generated across the BFSI sector, enterprises need data warehousing solutions to automatically track the performance and behavior of the information stored in their systems. • The Data Warehouse as a Service (DWaaS) market will show tremendous growth with a CAGR value of 23.85% during 2020-2026. The US organizations are higher adopters of analytics solutions across several verticals and are considered as the leading country in the market, due to the presence of significant demand for managing the operational data, along with the increased emergence of cloud solution providers. However, concerns regarding privacy and security are expected to limit market growth during the forecast period. The data warehouse as a service market was valued at USD 1.44 billion in 2019 and is expected to reach USD 4.3 billion by 2025, at a CAGR of 20% over the forecast period 2020 - 2025. Few Of The Major Competitors Currently Working In Data Warehouse As A Service Market Are Google Llc, Ibm Corporation, Amazon Web Services, Inc., Microsoft, Sap Se, Snowflake Computing Inc, 1010Data, Teradata, Micro Focus, Hortonworks Inc., Cloudera, Inc., Pivotal Software, Inc., Solver, Yellowbrick Data, Inc., Panoply Ltd, Marklogic Corporation, Memsql Inc., Lux Fund Technology & … Further, the financial consulting companies are increasingly adopting Data Warehouse-as-a-Service to set themselves free from the burden of updating their on-premise software repeatedly. These data warehouses are made available to the enterprises on cloud, known as data warehouse as a service. The DWaaS vendors are increasingly focusing on offering innovative solutions and services and thus making significant investments in their research & development (R&D) activities. The report provides key statistics on the market status, size, share, growth factors of the Data Warehouse as a Service. Global Data Warehouse as a Service Market is expected to register a CAGR of 21.4% during the forecast period to reach USD 4.69 billion by 2024. Also, the growing adoption of the data warehouse to perform advanced analytics, rapid growth in data volumes, increase in regulatory compliance, along with the rise of multi-cloud architecture, creates ample opportunities for the adoption of cloud-based data warehouse solutions. As data warehouse as a service performs data administration and management, companies don’t need to worry about staffing data warehouse, which in turn is making data warehouse as a service an optimal choice for firm with … The Final Report will cover the impact analysis of COVID-19 on this industry: Download free Sample of This Strategic Report:- https://www.kennethresearch.com/sample-request-10151400. The major factor contributing to market growth is the tremendousincrease in the volume of the data. The key strategies adopted by most of the players are partnerships, agreements, collaborations, and the launch of solutions. The market is estimated to generate enormous revenue in the subsequent forecast period. October 2019 - Snowflake and Next Pathway Inc., the Automated Cloud Migration company, announced a strategic partnership to accelerate the migration from legacy data warehouses to Snowflake. The demand for cloud data warehouse arrangements is required to ascend throughout the following 5 years inferable from various factors, including massive amount of organized and unstructured data generated across numerous enterprises, for example, BFSI, retail and eCommerce, government and open area, and … Market Synopsis, Global Data Warehouse as a Service Market is expected to register a CAGR of 21.4% during the forecast period to reach USD 4.69 billion by 2024., A data warehouse is a central repository of information which is analyzed to make better-informed decisions. The increasing need for compliance with regulations and standards such as HIPAA of 1996, EU GDPR, SOX Act of 2002 is also contributing to the  market growth. Is there a problem with this press release? The market environment for cloud computing continue to develop across the region, as the availability and usage of cloud-based data warehouse solutions become more prevalent. ​. Data warehouse as a service can be referred as a managed service & a type of outsourcing model eliminating the expense of on premises data warehouse where the out sourcing service provider configures the software & hardware which an on premises data warehouse requires. Following the global economic recession led by COVID-19, data warehouse as a service market has seen growth due to accelerated digital transformation in the first half of 2020. Software launches, service enhancement, mergers, acquisitions, and partnerships are the major strategies adopted by the vendors in the DWaaS market to cater to the diverse requirements of the clients and expand to new regions. The Data Warehouse as a Service Market is segmented by Organisation Size (Large Enterprises, Small & Medium Enterprises), End-user Industry (BFSI, Government, Healthcare, E-Commerce and Retail, Media and Entertainment), and Geography. Intraday data delayed at least 15 minutes or per exchange requirements. Click here. The global data warehouse as a service market is expected to register a CAGR of 21.4% during the forecast period to reach USD 4.69 billion by 2024. The competitive landscape is consolidated with the presence of some of the prominent players across the region, such as Google LLC, Teradata Corp., SAP SE, IBM Corp., and Microsoft Corp., who are some of the leading vendors, placing significant emphasis on the formalization of professional services to support the data warehousing-as-a-service market. By using this site you agree to the The data warehouse as a service market was valued at USD 1.44 billion in 2019 and is expected to reach USD 4.3 billion by 2025, at a CAGR of 20% over the forecast period 2020 - 2025. The growing interests of the companies to understand the available information regarding business process, products, customers and services to grab new business opportunities is positively impacting the market. The report "Data Warehouse as a Service (DWaaS) Market by Application (Customer Analytics, Asset Management, Fraud Detection & Threat Management), Usage, Industry Vertical, Deployment Model, Type (EDWaaS & ODS) & Organization Size - Global Forecast to 2023", The data warehouse as a service market size is expected to grow from USD 1.2 billion in 2018 to USD 3.4 billion by 2023, at a … My friend has 2 kids, but his spendthrift brother has none. Data Warehouse as a Service Market, Share, Trends, Demand, Industry Growth, Forecast 2025 Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. A Data Warehouse as a Service (DWaaS) is an outsourcing model in which a service provider configures and manages the hardware and software resources a data warehouse requires, and the customer provides the data and pays for the managed service. The global data warehouse as a service market is expected to register a CAGR of 21.4% during the forecast period to reach USD 4.69 billion by 2024. COMTEX_371991766/2606/2020-09-28T08:47:19. The most recent Data Warehouse as a Service (DWaaS) Market Research study includes some significant activities of the current market size for the worldwide Data Warehouse as a Service (DWaaS) market. Subscriber Agreement & Terms of Use, All Rights Reserved to Mordor Intelligence. Also, the Data Warehouse as a Service (DWaaS) study sheds light on limitations and restraints that could probably become obstruction while the Data Warehouse as a Service (DWaaS) industry is proceeding to achieve substantial revenue. This, in turn, will enhance credit underwriting procedures, as firms will lend to a considerable number of individuals and small businesses, with the help of big data analytics. The US, Canada, and Mexico are the leading countries in the region. North America is anticipated to have a significant market share, owing to the availability of technologically-advanced data warehouse infrastructure. The new alliance enhances BIOS IT’s a diverse portfolio of x86-based solutions adding the full suite of IBM POWER9 AI-focused and scale-out systems. With DWaaS an organization need not spend money up front to create an on-premises data warehouse. Asia-Pacific is anticipated to be the fastest growing market in the global DWaaS market during the forecast period. These reports, dashboards, and analytics tools are a part of the data warehouse, which stores data efficiently and delivers query results at high speeds across multiple users simultaneously, thereby, driving the adoption of the data-warehouse-as-a-service across the emerging economies. Data Warehouse as a Service Market by type, deployment model, organization size, application, vertical and by Geography is expected +91 020 6630 3320 inquiry@maximizemarketresearch.com Sep 28, 2020 (AmericaNewsHour) -- These reports, dashboards, and analytics tools are a part of the data warehouse, which store data efficiently and deliver query results at high speeds to many users concurrently. Snowflake will license Next Pathway’s proprietary code translation technology, SHIFTTM, to provide Snowflake customers the ability to automate what is typically the most time-consuming, manual and costly task in a cloud migration effort legacy code conversion. Moreover, the adoption of consumerization trends, such as the usage of mobile devices and social networking is leading to an exponential rise in the volume of informational data that needs an effective way to be stored, analyzed, and managed to stay competitive among the North America market, which is further anticipated to amplify the data warehousing market growth. DWaaS is an outsourcing prototype that handles the hardware and software resources of data and pays for the managed services. A data warehouse is a central repository of information which is analyzed to make better-informed decisions. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. ​. The data warehouse as a service market is highly competitive and consists of a few major players. All quotes are in local exchange time. The global DWaaS market is estimated to grow during the forecast period from 2019 to 2024. Historical and current end-of-day data provided by FACTSET. DWaaS is also termed as a data repository. ​, Banking, financial services, and insurance are highly lucrative for growth in the Data Warehouse-as-a-Service market as it deals with massive customer data generated regularly. Also, they require analytics to develop innovative business strategies and improve their overall operational efficiency through solutions with BI capabilities.Banks like BNY Mellon, Morgan Stanley, Bank of America, Credit Suisse, and PNC, are already working on strategies around Big Data in Banking, and other banks are rapidly catching up. Globally, North America recorded the highest adoption of data warehouse as a service in 2019 and this trend is also expected to continue during the forecast period. The market in Europe is expected to be the second-largest during the review period due to the increasing demand for DWaaS solutions due to the growing adoption in the BFSI sector. https://www.kennethresearch.com/sample-request-10151400, Data Warehouse as a Service Market Report By Regional Revenue & Growth Forecast 2020-2024, As some hospitals near 90% capacity due to COVID-19, this map can tell you if your local hospital is almost full, XPeng stock falls after upsized share offering prices at near 8% discount. For instance, Tencent, a China-based video game publisher, introduced its cloud service in Japan in mid of 2019 in order to compete with Microsoft Azure and Google Cloud. Rising volume, variety, and velocity of the online data need analytics solutions, such as social media analytics, to understand the consumer buying behavior related to its respective products and service offerings. Data Warehouse as a Service Market Research Report: by Usage (Data Mining, Reporting, Analytics), Deployment, Organization Size, Application (Fraud Detection, Asset, Risk and Compliance Management, Customer Analytics), Vertical--Forecast till 2024. © 2020. Heterogeneous data obtained from various sources is first cleansed and then organiz… This is a type of paid service where the … It presents a point by point analysis dependent on the exhaustive research of the market elements like market size, development situation, potential opportunities, and operation … The company leverages Azure infrastructure services for data storage and query processing. Moreover, they can access Data Warehouse-as-a-Service anywhere by having access to fast internet connectivity, which, in turn, is driving the demand for the Data Warehouse-as-a-Service market across the BFSI sector. Request For Full Report- https://www.kennethresearch.com/sample-request-10151400, Distributors and Value-Added Resellers (VARs), Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Business analysts, data scientists, and decision-makers access the data through business intelligence (BI) tools, SQL clients, and other analytics applications. Also, the data warehouse providers of cloud services are becoming essential partners for many of the IT services firms, thereby, offering them flexibility and scale whenever they require. We are always looking to hire talented individuals with equal and extraordinary proportions of industry expertise, problem solving ability and inclination. Based on Industry Vertical the global Data Warehouse as a Service market is segmented in Manufacturing, Media and Entertainment, Travel and Hospitality, Banking, Financial Services, and Insurance, Retail and Ecommerce, Healthcare and Pharmaceuticals, Telecommunications and It, Government and Public Sector, and Others. Market Definition: Global Data Warehouse as a Service Market. Contact the source provider Comtex at editorial@comtex.com. The key players in the global DWaaS market are identified based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. For instance, in December 2018, Snowflake Inc. (US) announced the general availability of Microsoft Azure in Europe and the Middle East and African market. A rapidly increasing number of enterprises adopting these solutions across the BFSI and retail and e-commerce industries and the rising volume of data are the key driving factors for the growth of the DWaaS market in Asia-Pacific. The POWER9 product range offers enhanced core and chip architecture for next-generation applications, providing the most capable solutions to ensure its customers gain real value, requires focused collaborations with world-renowned technology partners. From $1.4 billion in 2019, the global data warehouse as a service (DWaaS) market is expected to reach $23.8 billion by 2030, witnessing a CAGR of 29.2% during the forecast period (2020–2030). Enterprises use reports, dashboards, and analytics tools to extract insights from the data, monitor business performance, and support decision making. Additionally, the growing adoption of private cloud among organizations is also expected to drive the market. The report also aids readers to gain in-depth knowledge of a Data Warehouse as a Service (DWaaS) market environment that comprises terms such as entry … North America accounts for the highest market share, owing to the rapid adoption of cloud technology in data warehousing. By usage, the global DWaaS market has been divided into data mining, reporting, and analytics. The US is the leading country owing to the early adoption of the data warehouse as a service, as well as initiatives taken by the industry players in the form of partnerships with different technology players and product enhancements in the region. 11 Data Warehouse as a Service Market, By Industry Vertical (Page No. The global DWaaS market has been analyzed for four regions--North America, Europe, Asia-Pacific, and the rest of the world. Report scope can be customized per your requirements. Based on organization size, the global DWaaS market has been divided into small and medium-sized enterprises (SMEs) and large enterprises. However, increasing complexity in managing and improving data quality can act as a significant challenge for the growth of the market studied. The report aims to provide an overview of the global Data Warehouse as a Service market with detailed market segmentation by deployment model, usage type, application, and geography. The Data Warehouse as a Service (DWaaS) market report consists of information such as evaluation of the competitive landscape, research related to the concentration ratio along with Data Warehouse as a Service (DWaaS) market concentration rate over the forecasted time period. In recent years, due to rising concerns on data manageability and increasing complexity, data warehousing has attracted significant interest in real-life applications, especially in finance, business, healthcare, and other industries. Based on Organization Size the global Data Warehouse … Column-oriented data warehousing, … This has increased the utilization of data warehouse-as-a-service, thereby, increasing the efficiency of business processes. Privacy Notice and The data warehouse as a service market revenue is primarily classified into revenues from solutions, tools, and platforms.The revenue is associated with … Therefore, insurance firms are increasingly adopting cloud-based data warehousing solutions, thereby, implementing social media monitoring and analytical tools on it to increase the sales of insurance products and to analyze customer sentiments related to insurance products. According to Market Research Future (MRFR) analysis, the global data warehouse as a service market is expected to reach USD 4.69 billion with a … The key players in the data warehouse as a service market includes Amazon Web Services, Inc., Cloudera, Inc., Google LLC, Hortonworks, Inc., IBM Corporation, Micro Focus International plc,, Microsoft Corporation, Oracle Corporation, Pivotal Software, Inc., SAP SE, Snowflake Computing Inc., Teradata Corporation and Yellow Brick, INC..An in-depth view of the competitive outlook … To understand geography trends, Download Sample Report. The global DWaaS market has been segmented based on usage, deployment, organization size, application, vertical, and region/country. The geographic analysis of the global DWaaS market has been conducted for North America, Europe, Asia-Pacific, and the rest of the world. Most enterprises operating in the end-user industries (majorly manufacturing, automotive) had shut down their production sites due to lockdown restrictions. The MarketWatch News Department was not involved in the creation of this content. - 71) 11.1 Introduction 11.2 Banking, Financial Services, and Insurance 11.2.1 Massive Parallel Processing With Advanced Cloud Data Warehouse to Enable Organizations With Better Activity Monitoring 11.3 Retail and Ecommerce 11.3.1 The Need to Understand Real-Time Customers’ Behavior for Improving Decision-Making Skills … Moreover, they can access data warehouse as a service anywhere if they have access to Internet connection, which in turn is adding gains into data warehouse as a service market. Cookie Notice. Global Data Warehouse as a Service (DWaaS) Market: Drivers and Restraints. September 2019 - IBIOS IT partners with IBM to deliver revolutionary POWER9 solutions. Should they split it? Driven by these factors, the global data warehouse as a service (DWaaS) market is set to increase its revenue from $1.4 billion in 2019 to $23.8 billion by 2030, with a CAGR of 29.2% during the forecast period (2020–2030). You can also contact MarketWatch Customer Service via our Customer Center. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation, Name: Kenneth researchEmail:sales@kennethresearch.comPhone: +1 313 462 0609. Based on deployment mode, the global DWaaS market has been classified as private cloud, public cloud, and hybrid cloud. On the basis of geography, the market of Data Warehouse as a Service has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). The post Data Warehouse as a Service Market Report By Regional Revenue & Growth Forecast 2020-2024 appeared first on America News Hour. Data Warehouse As A Service Market Report, Global Industry Analysis, Size, Share, Growth, Trends, Key Players And Forecast 2018-2025 by Value Market Research Several FinTech start-ups are coming up in Silicon Valley, California, United States. Cloud technology in data warehousing their on-premise software repeatedly is anticipated to be the fastest market. 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