Summary – A new market study, “Enterprise Data Warehouse Market Opportunities, Trends, Statistical Graph, Key Findings and Forecast” has been featured on WiseGuyReports.
North America dominates the global enterprise data warehouse market. The largest market share attributes to the presence of notable players and early adoption of warehouse management technologies and data warehouse as a service. The region witnessed the robust adoption of emerging technology, such as cloud data warehouse. Besides, increased knowledge of data management and data governance compliance in the region drives the growth of the market.
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Moreover, the growing need for better data management to create relationships between various heterogeneous variables required to frame an organization’s strategic policies increases enterprise data warehouse market share. The US accounts for the key share in the regional market due to rising technological developments in the country. The North American EDW market is projected to retain its dominance over the forecast period.
Europe stands second in the global enterprise data warehouse market. The market is driven by rapid advances in EDW and the increasing awareness of cloud-based data warehouse management systems. Besides, the rising adoption of on-demand cloud services and the rapidly increasing markets act as major driving forces for the market increase.
Germany, the UK, France, and Italy are key markets for EDW in the region. The European EDW market is estimated to create a substantial revenue pocket during the assessment period.
The Asia Pacific region also holds a considerable share in the global enterprise data warehouse market. Factors such as the burgeoning IT & telecom industry and the rapid economic growth in the region substantiate market growth. Moreover, China, Japan, and India play a causal role in developing the market, offering substantial growth opportunities for the market players. The APAC enterprise data warehouse market is forecasted to grow at an impressive CAGR during the estimated period.
Global Enterprise Data Warehouse Market – Competitive Analysis
Highly competitive, the global EDW market appears fragmented, with several well-established players forming a competitive landscape. To gain a larger competitive share, industry players incorporate strategic initiatives, such as mergers & acquisitions, collaborations, expansion, and product/technology launch. Technology providers focus on improving their market performance and the expansion of the global footprint. They make substantial investments for product development and expansion. They also employ a continuous improvement strategy to analyze and update the software, implementing improvements, and launch new technologies.
Players leading the EDW market includeSeven Technologies, Health Catalyst, Teradata, Tata Consultancy Services (TCS), Cognilytics, Fusion Consulting, Citius Tech, and Amitech, among others.
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