The global cloud data warehouse market size was USD 5.80 Billion in 2022 and is expected to register a revenue CAGR of 22.3% during the forecast period. Growing adoption of cloud-based technology in cloud data warehouses, rising demand for big data analytics in case of storing huge data, and increasing role of Artificial Intelligence (AI) and cloud security are some of the major factors driving the market revenue growth. In addition, increasing acquisitions and investments by key market players and rising government initiations on cloud services are driving revenue growth of the market.
Growing adoption of cloud-based technology in cloud data warehouses is a major factor driving revenue growth of the market. In contrast to on-premises data warehouses, cloud data warehouses can be accessed across the globe. Furthermore, modern data warehouses have access control capabilities to ensure that only the people who need data for business intelligence have access to it. Many servers commonly share the burden of cloud data warehousing. These servers process massive amounts of data quickly and efficiently. With its improved computational capability and streamlined data administration, businesses can now obtain current, accurate, and enriched data anytime they require it. In addition, increasing acquisition and investment by key market players is also driving revenue growth of the market. For instance, on 10 May 2023, Informatica, a leader in enterprise cloud data management, announced substantial enhancements to its top-of-the AI-Powered Intelligent Data Management Cloud (IDMC) at Informatica World 2023, the company's annual client conference, which is currently taking place in Las Vegas. The improvements in data engineering, MDM uses, and data governance will assist organizations in further reducing costs, maximizing resources, improving productivity, and accelerating time to value.
The report covers historical revenue and sales volume, and the data is further validated to provide a forecast market estimation of the market size and sales numbers for key regions along with types and end-user applications. Moreover, the report also includes macroeconomic factors and regulatory policies pertaining to the Cloud Data Warehouse industry for evaluation and predictive analysis. The report explores the effects of the pandemic on the market and its key segments and regions. It also offers a forecast estimation of the market growth in a post-COVID-19 scenario.
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Competitive Outlook: The leading companies operating in the Cloud Data Warehouse market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Cloud Data Warehouse Market and Profiled in the Report are:
Amazon.com, Inc., Alibaba Cloud, Huawei Technologies Co., Ltd., Google LLC, Microsoft, IBM, Hewlett Packard Enterprise Development LP, Oracle, Teradata., Snowflake Inc
Objectives of the Report:
Study of the global Cloud Data Warehouse market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Cloud Data Warehouse market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Cloud Data Warehouse market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Cloud Data Warehouse market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
Type Outlook (Revenue, USD Billion; 2019-2032)
- Operational data storage
- Enterprise DWaaS
Application Outlook (Revenue, USD Billion; 2019-2032)
- Customer Analytics
- Predictive Analytics
- Data Modernization
- Business Intelligence
- Others
Deployment Type Outlook (Revenue, USD Billion; 2019-2032)
- Public cloud
- Private cloud
- Hybrid cloud
Regional Segmentation:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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