Data warehousing market value

  • How big is the data warehouse market?

    Market size value in 2021USD 4.60 billionRevenue forecast in 2030USD 27.10 billionCAGR22.8% from 2022 - 2030Base year2021.

  • What is the market size of warehousing?

    The Data Warehouse as a Service Market size is expected to grow from USD 4.05 billion in 2023 to USD 11.23 billion by 2028, at a CAGR of 22.60% during the forecast period (2023-2028)..

  • What is the value of a data warehouse?

    In addition, its capacity to store vast volumes of historical data allows businesses to track long-term trends, forecast future patterns, and make strategic business decisions based on comprehensive data analysis..

  • Why is a data warehouse valuable?

    Data warehouse creates standard and quality data.
    The business utilizes its retrieved historical information to compare with its current documents.
    They then come up with a functional decision to improve their business.
    A better decision strengthens the company, resulting in producing high revenue..

Data Warehousing Market size was valued at US$ 28.73 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 10.7% from 2023 to 2029, reaching nearly US$ 58.54 Bn.

How did the Russia-Ukraine war affect data warehousing market?

The global data warehousing market grew from $27

93 billion in 2022 to $31

85 billion in 2023 at a compound annual growth rate (CAGR) of 14

0%

The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term

Data Warehousing Marketsize exceeded USD 13 billion,The global data warehousing market reached a value of USD 29.27 billion in 2023. The market is further projected to grow at a CAGR of 10.2% in the forecast period of 2024-2032, reaching a value of around 52.43 billion by 2032.

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