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Data Warehousing Market Size

Report ID: GMI3744
Published Date: Sep 2019
Report Format: PDF

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Data Warehousing Market Size

Data Warehousing Market size exceeded USD 13 billion, globally in 2018 and is estimated to grow at over 12% CAGR between 2019 and 2025.

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Data warehousing refers to the amalgamation of data from several disparate sources, including social media, mobile data, and business applications. This data is used for delivering valuable business insights and analytical reports. Heterogeneous data obtained from various sources is first cleansed and then organized into a consolidated format in the data warehouse. Enterprises use data warehousing tools and Database Management System (DBMS) to access the data stored on warehouse servers to support their operational decisions.

The data warehousing market growth is attributed to factors such as the increasing amount of data generated by enterprises and growing need for Business Intelligence (BI) to gain competitive advantage. The vast volumes of data produced by various business verticals are exerting tremendous pressure on existing enterprise resources, forcing them to adopt data warehousing solutions for efficient, flexible, and scalable storage. This data can be leveraged using advanced data mining and BI tools, providing valuable business insights to users for increased operational efficiency, better decision making, strengthening customer retention, and increasing revenue streams.

Data Warehousing Market Report Attributes
Report Attribute	Details
Base Year:	2018
Data Warehousing Market Size in 2018:	13 Billion (USD)
Forecast Period:	2019 to 2025
Forecast Period 2019 to 2025 CAGR:	12%
2025 Value Projection:	30 Billion (USD)
Historical Data for:	2014 to 2018
No. of Pages:	265
Tables, Charts & Figures:	429
Segments covered:	Data Type, Deployment Model, Organization Type, Offering, Application and Region
Growth Drivers:	Rising need of data warehouses for disparate data storage Growing demand of data mining for BI and data analytics Increasing use of historical data for enhancing customer experience Proliferation of cloud technology in data warehousing
Pitfalls & Challenges:	Data rigidity and inefficient architecture High deployment costs and IT complexity Threat of data breaches and cyber attacks

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Another factor leading to market growth is the rising trend of cloud computing. The growing adoption of cloud-based services will facilitate the demand for cloud data warehousing. Enterprises and government agencies are realizing the economic benefits of cloud data warehouse, such as on-demand computing, unlimited storage, integrated BI tools, and affordable pricing options. The proliferation of Data Warehouse as-a-Service (DWaaS) and the increasing popularity of unstructured data for data analytics are further expected to fuel market growth.

Authors: Preeti Wadhwani, Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of data warehousing was exceeded USD 13 billion in 2018.

The industry share of data warehousing is estimated to grow at over 12% CAGR between 2019 and 2025.

The Asia Pacific market is expected to witness growth at over 15% from 2019 to 2025 led by rapid growth of IT infrastructure, increasing number of data centers, and wide-scale adoption of cloud technologies.

According to this research report by GMI, the cloud warehousing solutions will grow at nearly 15% CAGR through 2025.

In-house data centers, dedicated IT staff, and availability of financial resources for infrastructure development will fuel the adoption of data warehousing solutions among large enterprises.

Some of the major companies operating in the market are AWS, 1010DATA, Accur8Software, Actian Corp, AtScale, Inc., Attunity, Cloudera, Inc., Dell, Google, IBM, Informatica, Microfocus, Microsoft, MarkLogic, Netavis Software Gmbh, Oracle, Panoply Ltd., Pivotal Software, Inc., SAP SE, Sigma Computing, Snowflake, Inc., Teradata, Talend, and SAS Institute, Inc.