Global Data Warehouse as a Service (DWaaS) Market Size, Share & Forecast To 2020-2026


Posted June 25, 2020 by rishabh3210

Global Data Warehouse as a Service (DWaaS) Market Size, Share & Forecast To 2020-2026Global Data Warehouse as a Service (DWaaS) Market Size, Share & Forecast To 2020-2026

 
The global market for DWaaS is projected to have considerable CAGR of 22.5% during the forecast period. The major factor that propels the market growth include the growing enterprise data across the globe. For a few decades, the role played by database technology in companies and enterprises has only been that of storing operational data, that is data generated by daily, routine operations carried out within business processes (such as selling, purchasing, and billing). On the other hand, enterprise need to access quickly and reliably the strategic information that supports decision making. Such information is extracted mainly from the large amount of operational data stored in corporate databases, through a complex selection and summarization process.

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The exponential growth in data volumes made computers the only suitable support for the decisional process run by enterprise. Thus, the role of databases began to change, which led to the rise of decision support systems that were meant as the suite of tools and techniques capable of extracting relevant information from a set of electronically recorded data. Among decision support systems, data warehousing systems are probably those that captured the most attention from both the industrial and the academic world. A typical decision-making scenario is that of a large enterprise, with several branches, whose managers wish to quantify and evaluate the contribution given from each of them to the global commercial return of the enterprise.

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The core idea of data warehousing is to separate analytical queries, which are commonly called OLAP (On-Line Analytical Processing) queries, from the operational ones, called OLTP (On-Line Transactional Processing) queries. By building a new information repository that integrates the elemental data coming from different sources, organizes them into an appropriate structure, and makes them available for analyses and evaluations aimed at planning and decision making. The DwaaS are increasingly adopted by the various enterprise due to various benefits include:

Easy access to non-skilled computer users.
Data integration based on a model of the enterprise.
Flexible querying capabilities to take advantage of the information assets.
Synthesis, to enable targeted and effective analysis.
Multidimensional representation to give the user an intuitive and handy view of information.
Correctness, completeness, and freshness of information.

Global DWaaS Market Segmentation

By Deployment Type

Public Cloud
Private Cloud
Hybrid Cloud

By Application

Data Mining
Reporting
Analytics
Others (Asset Management)

By Industry

BFSI
IT & Telecom
Government
Retail & E-commerce
Healthcare
Media & Entertainment
Other (Manufacturing, Travel & Hospitality)

Global DWaaS Market – Segment by Region

North America

United States
Canada

Europe

Germany
United Kingdom
France
Spain
Italy
Rest of Europe

Asia-Pacific

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Company Profiles

1010data, Inc.
Amazon Web Services, Inc.
Actian Corp.
Accur8 Software
AtScale, Inc.
Cloudera, Inc.
Google LLC
IBM Corp.
MarkLogic Corp.
Microsoft Corp.
Micro Focus International plc
MemSQL Inc.
Netavis Software GmbH
Oracle Corp.

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Last Updated June 25, 2020