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NEW YORK, July 14, 2023 /PRNewswire/ -- The enterprise data warehouse market is estimated to grow at a CAGR of 20.7% between 2022 and 2027. The size of the market is forecast to increase by USD 18,645.51 million, according to Technavio.The growing competition in the market is compelling vendors to adopt various growth strategies, such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors, including - Accur8 Software, Alphabet Inc., Amazon.com Inc., Amitech Solutions Inc., AtScale Inc., CitiusTech Inc., Cloudera Inc., Fusion Consulting AG, HCL Technologies Ltd., Health Catalyst Inc., International Business Machines Corp., Micro Focus International Plc, Microsoft Corp., Oracle Corp., SAP SE, Snowflake Inc., Solver Inc., Tata Sons Pvt. Ltd., Teradata Corp., and Veeva Systems Inc.- Download Sample Report in minutes.

Technavio has announced its latest market research report titled Global Enterprise Data Warehouse Market

Enterprise Data Warehouse Market- Market Insights

Vendors: 15+, Including Accur8 Software, Alphabet Inc., Amazon.com Inc., Amitech Solutions Inc., AtScale Inc., CitiusTech Inc., Cloudera Inc., Fusion Consulting AG, HCL Technologies Ltd., Health Catalyst Inc., International Business Machines Corp., Micro Focus International Plc, Microsoft Corp., Oracle Corp., SAP SE, Snowflake Inc., Solver Inc., Tata Sons Pvt. Ltd., Teradata Corp., and Veeva Systems Inc., among others.

Coverage:Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors

Segments:Product type (information and analytical processing and data mining), Deployment (cloud-based and on-premise), and geography (North America, Europe, APAC, Middle East and Africa, and South America).

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Enterprise Data Warehouse Market Market Dynamics

Key Driver

Data explosion across industries is a key factor driving market growth. The amount of data being generated by industries worldwide is constantly increasing. For instance, Facebook uploads around 100 terabytes of data daily, while Walmart manages over one million transactions per hour and stores the corresponding data in its database. Organizations capture and store both financial and non-financial transactions as part of their operations.

Story continues

The digitization of organizations adds complexity and diversity to the datasets they handle. Additionally, the adoption of advanced technologies like the Internet of Things (IoT) in industries further contributes to the data volume. In order to process and analyze such massive amounts of data, the utilization of enterprise data warehouse solutions is important. Moreover, these solutions help enhance the overall handling and analysis of the data. Therefore, these factors are expected to drive market growth during the forecast period.

Major Trends

Native machine data generation is the major trend in the market. The adoption of echo state networks (ESN), ML, and IoT is driving an increase in data volume within organizations. Advanced devices and sensors are generating native machine data for machine-to-machine (M2M) communication and collaboration. While many systems already produce native data, legacy systems struggle to handle such data effectively. However, the introduction of advanced sensors and IoT is expected to make this data more accessible and usable in the future.

Consequently, enterprise data warehouse software solutions are anticipated to undergo a transformation, being redesigned and reconfigured to incorporate the ingestion and analysis of native machine data. This transformation aims to enhance data analytics and process efficiency and support critical business systems.

Significant Challenge

Data security concerns are a major challenge restricting growth in the market. The data security threats in the market include distributed denial-of-service (DDoS) attacks, data breaches, unsecured application programming interfaces (APIs), data loss, and account hijacking. Phishing, cross-site scripting, and social engineering techniques can be used to easily hijack backup account credentials, resulting in potential data breaches and loss.

Furthermore, the frequency of cyberattacks on enterprises is on the rise, making vendors collaborate with enterprises in establishing service-level agreements (SLAs) during storage implementation. Data management software and security appliances are used in data center environments to monitor data security and detect any potential threats. Therefore, these security threats are expected to restrict market growth during the forecast period.

Drivers,Trends & Challenges have an impact onmarket dynamics and can impact businesses.Find some insights from a sample report!

The enterprise data warehouse market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as prospects.

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What are the key data covered in this Enterprise Data Warehouse Market report?

CAGR of the market during the forecast period

Detailed information on factors that will drive the growth of the enterprise data warehouse market between 2023 and 2027

Precise estimation of the size of the enterprise data warehouse market and its contribution to the market with a focus on the parent market

Accurate predictions about upcoming trends and changes in consumer behavior

Growth of the enterprise data warehouse market across North America, Europe, APAC, Middle East and Africa, and South America

A thorough analysis of the market's competitive landscape and detailed information about vendors

Comprehensive analysis of factors that will challenge the growth of enterprise data warehouse market vendors

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Related Reports

The cloud data warehouse market is estimated to decline at a CAGR of 27.38% between 2022 and 2027. The size of the market is forecast to increase by USD 17.74 billion. Furthermore, this report extensively covers market segmentation by deployment (public and private) and geography (North America, Europe, APAC, Middle East and Africa, and South America). The growing penetration of IoT-enabled devices is a key factor driving the market growth during the forecast period.

The enterprise data management market size is estimated to grow by USD 96.98 billion between 2022 and 2027 accelerating at a CAGR of 15.07% during the forecast period. Furthermore, this report extensively covers market segmentation by end-user (BFSI, healthcare, manufacturing, retail, and others), deployment (on-premise and cloud-based), and geography (North America, Europe, APAC, South America, and Middle East and Africa). The growing demand for data integration and visual analytics is a key factor driving the market growth during the forecast period.

Enterprise Data Warehouse Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 20.7%

Market growth 2023-2027

USD 18,645.51 million

Market structure

Fragmented

YoY growth 2022-2023(%)

20.6

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 33%

Key countries

US, China, India, UK, and Germany

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Accur8 Software, Alphabet Inc., Amazon.com Inc., Amitech Solutions Inc., AtScale Inc., CitiusTech Inc., Cloudera Inc., Fusion Consulting AG, HCL Technologies Ltd., Health Catalyst Inc., International Business Machines Corp., Micro Focus International Plc, Microsoft Corp., Oracle Corp., SAP SE, Snowflake Inc., Solver Inc., Tata Sons Pvt. Ltd., Teradata Corp., and Veeva Systems Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Product Type

7 Market Segmentation by Deployment

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

About UsTechnavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: media@technavio.comWebsite: http://www.technavio.com

Global Enterprise Data Warehouse Market

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Enterprise Data Warehouse Market to Grow by 20.7% from 2022 to 2027 | Accur8 Software, Alphabet Inc., Amazon.com Inc., and more to emerge as key...