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.
Additionally, the report also gives an insight into product portfolios, costs, sales, production capacities, and market players. Raw materials, demand analysis, product flow, and distribution channels have been studied and surveyed extensively in this research report. The key growth trends and opportunities are offered through a thorough investigation and examination of the market. A detailed course of development is offered in the report along with insights into businesses connected with it, which include firms, industries, organizations, vendors, and local manufacturers.
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https://www.emergenresearch.com/request-sample/2171Key companies operating in the Cloud Data Warehouse market include:
Amazon.com, Inc., Alibaba Cloud, Huawei Technologies Co., Ltd., Google LLC, Microsoft, IBM, Hewlett Packard Enterprise Development LP, Oracle, Teradata., Snowflake Inc
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Cloud Data Warehouse market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
Comprehensive analysis of the competitive scenario and its changing dynamics
Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
In-depth 8-year analysis of the Global Cloud Data Warehouse Market
Critical understanding of the key market segments
Comprehensive analysis of the drivers, restraints, trends, and opportunities
Detailed regional analysis and extensive company profiling
Extensive assessment of current and emerging trends of the market
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https://www.emergenresearch.com/industry-report/cloud-data-warehouse-marketCloud Data Warehouse Market Segmentation:
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
Cloud Data Warehouse Market Segmentation by Regions:
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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