Data Warehousing Market Exploded to $34.69 Billion by 2025, Claims AMR

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Data Warehousing Market

Data Warehousing Market Infographics

Surge in demand for column-oriented data warehouse solutions and need for real-time view and analytics drive the growth in the global data warehousing market.

Asia-Pacific data warehousing market is expected to grow at the highest CAGR due to increase in technological developments across different industry verticals such as BFSI, Telecom& IT, and others.”

— Vishwa Gaul

PORTLAND, OREGON, UNITED STATES, September 15, 2020 / — According to the report published by Allied Market Research (AMR), the global data warehousing market garnered $18.61 billion in 2017 and is estimated to generate $34.69 billion by 2025, registering a CAGR of 8.2% from 2018 to 2025. The requirement for dedicated storage systems with generation of huge amount of data, surge in demand for column-oriented data warehouse solutions and need for real-time view and analytics drive the growth in the market. However, high cost of implementation and complexity restrain the market growth. On the other hand, increase in application of AI in data warehousing and rise in adoption of virtual data warehousing create new opportunities in the market.

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The on-premise segment contributed more than two-fifths of the total market share in 2017 and is expected continue its leadership status by 2025. This is due to the preference of organizations to protect sensitive data. However, the hybrid segment is expected to register the highest CAGR of 9.1% from 2018 to 2025, owing to the efficient utilization of resources, faster data processing, and cost-effectiveness.

The structured data would register the fastest growth rate, growing at a CAGR of 12.7% from 2018 to 2025, owing to the generation of a huge amount of unstructured data in organizations. The semi-structured & unstructured segment accounted for nearly four-fifths of the total share in 2017 and will maintain its dominant position throughout the forecast period. This is attributed to advancements in storage technologies and data processing.

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North America held the major market share in 2017, accounting for nearly two-fifths of the total share and will maintain its lead position by 2025. This is due to huge chunk of data generated by many organizations, trend of digitization, and adoption of advanced technologies. However, Asia-Pacific is expected to grow at the highest rate, with a CAGR of 9.9% from 2018 to 2025, owing to rise in data storage and analytics requirements in various industry verticals and surge in adoption of big data in the region.

Leading market players analyzed in the research report include Actian Corp., Cloudera, Amazon, IBM Corporation, Google, Oracle Corporation, Microsoft, Snowflake, SAP, and Teradata. They have adopted various strategies including expansions, collaborations, partnerships, joint ventures, mergers & acquisitions, and others to gain a strong position in the industry.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Source: EIN Presswire