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data warehouse as a service market

Several FinTech start-ups are coming up in Silicon Valley, California, United States. 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. 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., are some of the leading vendors that are placing significant emphasis on the formalization of professional services to support the data warehouse services delivery.However, with technological advancement and product innovation, various mid-size companies are increasing their market presence by securing new contracts and by tapping new markets. Report scope can be customized per your requirements. 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. 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. 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 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 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. To understand key trends, Download Sample Report. North America is anticipated to have a significant market share, owing to the availability of technologically-advanced data warehouse infrastructure. The geographic analysis of the global DWaaS market has been conducted for North America, Europe, Asia-Pacific, and the rest of the world. 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. - 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 … 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. 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 key strategies adopted by most of the players are partnerships, agreements, collaborations, and the launch of solutions. You can also contact MarketWatch Customer Service via our Customer Center. 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. Sep 28, 2020 (AmericaNewsHour) -- 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. 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. Column-oriented data warehousing, … 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. 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. This is a type of paid service where the … Based on organization size, the global DWaaS market has been divided into small and medium-sized enterprises (SMEs) and large enterprises. 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. The Data Warehouse as a Service (DWaaS) market will register a high growth rate over the forecast period. All quotes are in local exchange time. Heterogeneous data obtained from various sources is first cleansed and then organiz… 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. 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. 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 global Data … Copyright © 2020 MarketWatch, Inc. All rights reserved. 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. 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. 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). Market Definition: Global Data Warehouse as a Service Market. 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 … 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. 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). Is there a problem with this press release? 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. All Rights Reserved to Mordor Intelligence. The global DWaaS market has been segmented based on usage, deployment, organization size, application, vertical, and region/country. 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 … 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 & … Company leverages data warehouse as a service market infrastructure services for data storage and query processing to have a significant market,... Increased the utilization of data Warehouse-as-a-Service, thereby, increasing complexity in managing and improving data can! Expertise, problem solving ability and inclination enterprises operating in the end-user industries majorly... 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