Dublin, Sept. 13, 2024 (GLOBE NEWSWIRE) -- The "Enterprise Data Warehouse (EDW) - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Enterprise Data Warehouse (EDW) was estimated at US$14.0 Billion in 2023 and is projected to reach US$71.5 Billion by 2030, growing at a CAGR of 26.3% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. 
The Enterprise Data Warehouse (EDW) has become a cornerstone of data-driven decision-making for organizations across various industries. EDWs serve as centralized repositories that store large volumes of structured and unstructured data from multiple sources, enabling businesses to perform comprehensive data analysis and gain valuable insights.
What Are the Key Drivers Behind the Growth of the EDW Market?
The growth in the EDW market is driven by several factors, including the increasing emphasis on data-driven decision-making, the rising demand for real-time analytics, and the expansion of big data and IoT technologies. The shift towards data-centric business strategies is a major driver, as organizations seek to leverage their data assets to gain a competitive edge. The growing need for real-time insights, particularly in industries such as finance, retail, and healthcare, is also driving demand for EDWs that can support rapid data processing and analysis.
Additionally, the expansion of big data and IoT is creating new opportunities for EDWs, as organizations require scalable solutions to manage and analyze the vast amounts of data generated by these technologies. The continuous innovation in cloud computing and advanced analytics is further propelling the growth of the EDW market by offering more powerful and flexible solutions.
How Are Technological Innovations Enhancing the EDW Landscape?
Technological advancements are driving the evolution of the EDW market, enabling organizations to manage and analyze their data more effectively and efficiently. The adoption of cloud-based EDWs is a significant trend, offering greater scalability, flexibility, and cost savings compared to traditional on-premises solutions.
Cloud EDWs allow organizations to store and process large volumes of data without the need for significant upfront infrastructure investments, making it easier to scale operations as data needs grow. Additionally, the integration of advanced analytics, AI, and machine learning into EDWs is enabling more sophisticated data processing and predictive analytics, allowing businesses to uncover deeper insights and make more informed decisions. These innovations are not only enhancing the capabilities of EDWs but also making them more accessible to a broader range of organizations.
What Industry Trends Are Driving the Adoption of EDWs?
Several key industry trends are driving the adoption of EDWs, including the increasing focus on data-driven decision-making, the growing need for real-time analytics, and the rise of big data and IoT. As organizations recognize the value of data in driving business outcomes, the demand for robust EDW solutions that can support comprehensive data analysis is growing
The need for real-time analytics is also contributing to the adoption of EDWs, as businesses seek to make faster, more informed decisions in response to changing market conditions. Furthermore, the proliferation of big data and IoT devices is driving the need for scalable EDW solutions that can handle large volumes of diverse data, enabling organizations to gain actionable insights from their data assets.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Information & Analytical Processing End-Use segment, which is expected to reach US$51.9 Billion by 2030 with a CAGR of a 27.1%. The Data Mining End-Use segment is also set to grow at 24.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, which was estimated at $3.8 Billion in 2023, and China, forecasted to grow at an impressive 35.4% CAGR to reach $19.6 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Accur8 Software, Amazon Web Services, Inc., Cloudera, Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 177 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $14 Billion |
| Forecasted Market Value (USD) by 2030 | $71.5 Billion |
| Compound Annual Growth Rate | 26.3% |
| Regions Covered | Global |
Key Topics Covered:
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Global Economic Update
- Enterprise Data Warehouse (EDW) - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- Growing Importance of Big Data Analytics and Business Intelligence
- Impact of Cloud Migration on Enterprise Data Warehouse Solutions
- Adoption of Hybrid and Multi-Cloud Architectures in EDW Deployments
- Influence of AI and Machine Learning on Advanced Analytics in EDWs
- Expansion of Real-Time Data Processing and Streaming Data in EDWs
- Impact of Data Privacy and Compliance Regulations on EDW Management
- Adoption of Data Lakehouse Architectures and Its Impact on EDW Market
- Influence of Industry-Specific Use Cases (e.g., Healthcare, Finance) on EDW Adoption
- Growth of Self-Service Analytics and Its Impact on EDW Solutions
- Opportunities in Emerging Markets for EDW Deployment and Modernization
FOCUS ON SELECT PLAYERS(Total 39 Featured)
- Accur8 Software
- Amazon Web Services, Inc.
- Cloudera, Inc.
- HCL Technologies Ltd.
- Health Catalyst
- IBM Corp.
- Microsoft Corp.
- OpenText Corporation
- Oracle Corp.
- SAP SE
- Snowflake Inc.
- Solver Inc.
- TATA Consultancy Services Limited
- Teradata Corporation
- Virtusa Corporation
For more information about this report visit https://www.researchandmarkets.com/r/tpgjuj
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