Data Warehouse as a Service (DWaaS) Market: By Type (Enterprise Data Warehouse [EDW], Operational Data Store [ODS]), By Deployment Mode (Public, Private), By Application (Fraud Detection and Threat Management, Supply Chain Management, Risk and Compliance Management, Others), By Organizational Size (Small & Medium Enterprise, Large Enterprise), By Industry Vertical (BFSI, Energy and Utilities, Government and Public Sector, Healthcare and Life Sciences, IT and ITeS, Manufacturing, Media and Entertainment, Retail and Consumer Goods, Telecommunications, Others), And Region – Global Analysis of Market Size, Share & Trends For 2019–2021 And Forecasts To 2031
Data Warehouse as a Service (DWaaS) Market: By Type (Enterprise Data Warehouse [EDW], Operational Data Store [ODS]), By Deployment Mode (Public, Private), By Application (Fraud Detection and Threat Management, Supply Chain Management, Risk and Compliance Management, Others), By Organizational Size (Small & Medium Enterprise, Large Enterprise), By Industry Vertical (BFSI, Energy and Utilities, Government and Public Sector, Healthcare and Life Sciences, IT and ITeS, Manufacturing, Media and Entertainment, Retail and Consumer Goods, Telecommunications, Others), And Region – Global Analysis of Market Size, Share & Trends For 2019–2021 And Forecasts To 2031
PRODUCT OVERVIEW
DWaaS or Data warehousing as a service is an outsourcing model wherein, a service provider manages and configures the software and hardware resources required for a data warehouse, while the client supplies the data and pays for the managed service. DWaaS allows organizations to avoid spending money up front to create an on-premises data warehouse or worry about setting up and managing the necessary hardware and software. The benefits of DWaaS include improving ease of use, especially for proof of concepts and removing the responsibilities associated with new release management. The data warehouse is then made available to the customer by the service provider over the Internet through application programming interfaces (APIs).
MARKET HIGHLIGHTS
Global Data Warehouse as a Service (DWaaS) Market is expected to project a notable CAGR of 22.2% by 2031
Global Data Warehouse as a Service (DWaaS) Market to surpass USD 24.5 billion by 2031 from USD 3.3 billion in 2021 at a CAGR of 22.2% in the coming years, i.e., 2021-2031. Factors such as the growing interests of the companies to understand the available information regarding business process, products, customers and services to grab new business opportunities and the growing demand for low latency and high-speed analytics are positively impacting the market. Moreover, in the past years, due to rising concerns on data manageability and increasing complexity, data warehousing has attracted significant interest in real-life applications, especially in finance, business, healthcare, and other industries.
GLOBAL DATA WAREHOUSE AS A SERVICE (DWAAS) MARKET: SEGMENTS
The Enterprise Data Warehouse (EDW) segment is expected to grow with the highest CAGR during 2021-31
Based on Type, the global Data Warehouse as a Service (DWaaS) Market is fragmented into Enterprise Data Warehouse (EDW), and Operational Data Store (ODS). The EDW dominated the market since it provides a centralized approach to data organization and representation, as well as decision support services across the enterprise. Data and access can be categorized and accessed s per divisions with these solutions. The capability to access data easily and offer actionable and usable information is offered by a cloud data warehouse. These solutions collect the data in a one single location, examine huge data sets, and make them speedily accessible as required.
The Fraud Detection and Threat Management segment is expected to grow with the highest CAGR during 2021-31
Global Data Warehouse as a Service (DWaaS) Market is classified on the basis of application into Fraud Detection and Threat Management, Supply Chain Management, Risk and Compliance Management, and Others. Two of the most serious issues that firms confront are fraud detection and threat prevention. Large organisations have used a number of solutions to secure corporate data against assaults. The company's data warehouse houses the organization's most important and well-organized data. As a result, the adoption of cost-effective, cloud-based solutions is projected to fuel demand for fraud detection in the data warehouse as a service market.
MARKET DYNAMICS
Drivers
The Rising Need for Data Warehouses in Cloud-Based Deployment
Growing Adoption of DWaaS and Improvements in the System
Restraint
Increasing Concern for Security and Privacy of Data
GLOBAL DATA WAREHOUSE AS A SERVICE (DWAAS) MARKET:
Key Players
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
- IBM Corporation
- Microsoft Corporation
- Google LLC
- Oracle Corporation
- SAP SE
- Snowflake Inc.
- Micro Focus Inc
- Teradata Corporation
- Cloudera, Inc.
GLOBAL DATA WAREHOUSE AS A SERVICE (DWAAS) MARKET REPORT ALSO CONTAINS ANALYSIS ON:
Data Warehouse as a Service (DWaaS) Market Segments:
- By Type
- Enterprise Data Warehouse (EDW)
- Operational Data Store (ODS)
- By Deployment Mode
- Public
- Private
- By Application
- Fraud Detection and Threat Management
- Supply Chain Management
- Risk and Compliance Management
- Others
- By Organizational Size
- Small & Medium Enterprise
- Large Enterprise
- By Industry Vertical
- BFSI
- Energy and Utilities
- Government and Public Sector
- Healthcare and Life Sciences
- IT and ITeS
- Manufacturing
- Media and Entertainment
- Retail and Consumer Goods
- Telecommunications
- Others
- Data Warehouse as a Service (DWaaS) Market Dynamics
- Data Warehouse as a Service (DWaaS) Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies Involved in the Market
- Value Chain of the Market
- Market Drivers and Restraints
- Reasons to Purchase this Report
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 3-month post-sales analyst support.