Report Ocean presents a comprehensive research report on Cloud Data Warehouse, analyzing markets in 150+ countries. With access to 1,00000+ annual reports, subject matter experts ensure accuracy. Methods like S.W.O.T., P.E.S.T.E.L., and regression analysis forecast growth. The report covers regulations, research tech, innovation, and future trends in Cloud Data Warehouse.
The global cloud data warehouse market size was US$ 4.6 billion in 2021. The global cloud data warehouse market size is forecast to reach US$ 45.2 billion by 2032, growing at a compound annual growth rate (CAGR) of 22.8% during the forecast period from 2022 to 2032.
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A database that is optimized for analytics, scale, and usability is referred to as a cloud data warehouse and is supplied in a public cloud as a managed service. A central store of data housed in the cloud and managed by a cloud service provider is known as a cloud data warehouse. Cloud data warehouses collect data from numerous sources and systematically store it.
DWs are typically created for BI (business intelligence) objectives to assist firms in making data-driven business decisions. As businesses grow to meet the constantly shifting demands of end users, cloud data warehouses provide more flexibility and dependability than conventional, on-premises data warehouses.
Factors Influencing Market Growth
The growing demand for multi-cloud data warehouses across many end-user industries drives the global market.
The rising role of business intelligence and data analytics in enterprise management, increasing dependence on data-driven decision-making to grow business performance, and the need for regulatory governance and security boost the global market growth.
The lack of professionals and increasing cybersecurity threats may slow down the overall market growth.
Impact Analysis of COVID-19
The COVID-19 pandemic had a positive impact on the global market. Several governments worldwide imposed a lockdown in order to curb the virus from spreading. This led to the proliferation of remote work environments, which created new complex barriers for businesses to overcome. In addition, this increased the need for alternate business systems. Thus, companies were embracing cloud computing and migrating to cloud data warehouses. This helped firms to have stable business conditions.
Regional Analysis
North America accounted for a substantial market share in 2021 and is forecast to remain dominant during the forecast period. As a result of the rise in demand from the large-scale industries for digital Data Warehouse management and storage. In addition, the presence of prominent participants, the growing number of investments in IoT applications, the increasing IT sector, and a surge in digitalization. Thus, these factors drive the market growth during the forecast period.
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Leading Competitors
The leading prominent companies profiled in the global cloud data warehouse market are:
Alphabet Incorporated
Amazon
IBM
Micro Focus
Microsoft
Netavis
Oracle Corp
Pivotal
Single Store
SnowFlake
SAP
Teradata
Transwarp
Veeva Systems
Yellowbrick
Other Prominent Players
Scope of the Report
The global cloud data warehouse market segmentation focuses on Data Type, Application, End-User, and Region.
Segmentation based on Data Type
Enterprise SaaS
Operational Data Storage
Others
Segmentation based on Application
Customer Analytics
Predictive Analytics
Data Modernization
Business Intelligence
Others
Segmentation based on End-User
BFSI
IT and Telecom
Media and Entertainment
Medical Sectors
Energy and Utilities
Retail and Consumer Goods
Others
Segmentation based on Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
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Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
Meta Title: Cloud Data Warehouse Market Size, Share, Insight and Forecast 2022 To 2030
Meta Description: Global Cloud Data Warehouse Market is projected to reach US$ 45.2 billion by the end of 2030 from US$ 4.6 billion in 2021, at a CAGR of 22.8%
Meta Keywords: cloud data warehouse market Size, cloud data warehouse market share, cloud data warehouse market trend, cloud data warehouse market Forecast, cloud data warehouse market insight
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