Global Data Warehouse as a Service Market by type (enterprise data warehouse as a service and operational data storage), by deployment model (public cloud, private cloud, and hybrid cloud), by organization size (small and medium-sized enterprises, large enterprises), by application (customer analytics, asset management, fraud detection & threat management, supply chain management, risk & compliance management, and others), by vertical (BFSI, retail & ecommerce, healthcare & pharmaceuticals, telecom & IT, government & public sector, manufacturing, media & entertainment, and others), by Geography (North America, Europe, Asia Pacific, Middle East & Africa and South America) is expected to reach US$ XX Bn by 2027, at a CAGR of XX%
The major factors driving the data warehouse as a service market include growing adoption of private cloud, augmented adoption of column-oriented data warehouse to perform advanced analytics, and proliferation of data. Moreover, rapidly rising data volumes, growing need to obey with regulations and standards is boosting the data warehouse as a service market growth. However, lack of skilled personnel and cloud data security is hindering the data warehouse as a service market growth.
Fraud detection & threat management application leading for the largest market share during the forecast period
Growing online businesses and banking expected to drive the adoption for fraud detection & threat management application leading for the largest market share during the forecast period. Enterprises have massive data volume and lack effective tools to analyze the threats, which make fraudulent activities to go ignored, specifically in the supply chain management processes.
Private cloud segment is expected to the highest CAGR during the forecast period
Private cloud segment is expected to the highest CAGR during the forecast period. Private clouds offer simplicity along with heightened levels of control over applications and enterprise data. Enterprises with private cloud can increase a comprehensive view of their supply chain and gain crucial insights to manage their value chain incorporating suppliers, logistics, transportation, and retail locations to understand and forecast demand.
North America is expected to the leading market share in the forecast period
North America is expected to the leading market share in the forecast period owing to the availability of technologically advanced infrastructure. More, majority of the vendors in the market are based in the region and have a robust presence across all major industries in the region. The Asia Pacific and Europe are estimated to emerging region for the market.
This report includes a study of marketing and development strategies, along with the product portfolios of prominent companies. It includes the profiles of leading manufacturers such as Micro Focus, IBM, AWS, Google, Yellowbrick, Microsoft, Snowflake, Teradata, SAP, Hortonworks, Cloudera, Actian, 1010data, Pivotal Software, Solver, Panoply, MarkLogic, MemSQL, Netavis, LUX Fund Technology & Solutions, Transwarp Technology, Accur8 Software, AtScale, and Veeva.
Maximize market research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the data warehouse as a service market. Report encompasses the market by different segments and region, providing the in-depth analysis of the overall industry ecosystem, useful for making informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the data warehouse as a service market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain data warehouse as a service market positioning of competitors.
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