Cloud Data Warehouse Market to Record a CAGR of 22.56%, Growing Penetration of IoT-enabled Devices to Boost Market Growth - Technavio

NEW YORK, Sept. 28, 2022 /PRNewswire/ -- The "Cloud Data Warehouse Market by Organization (Large Enterprises and Small and Medium Enterprises) and Geography (North America, Europe, APAC, MEA, and South America) - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. The potential growth difference for the cloud data warehouse market size between 2021 and 2026 is USD 10.42 billion. To get the exact CAGR and the Y-O-Y growth rate, Request a FREE PDF Sample Report

By organization, the large enterprises segment will be the largest contributor to market growth during the forecast period. Various industries are early adopters of advanced technologies. The high volume of data generated necessitates the use of cloud data warehouse solutions. Enterprises are looking are ways to optimize the data generated into profitable situations.

By geography, North America will be the leading region with 48% of the market's growth during the forecast period. The US is a key country for the cloud data warehouse market in North America.

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• Market Driver: The growing penetration of IoT-enabled devices is driving the growth of the market. This has resulted in the generation of large amounts of data. These factors have increased the need for effective data storage and data analytics. Hence, enterprises are investing in storage systems and big data analytics to manage and analyze the data effectively. Cloud data centers need to be upgraded constantly to cater to big data storage and processing needs. The data is suitable for large enterprises, such as small and medium-sized enterprises (SMEs) and e-commerce solution providers, primarily for business growth. In addition, during the forecast period, edge computing facilities are expected to emerge, with a high possibility of adopting cloud storage infrastructure. All these factors are expected to increase the demand for cloud data warehouses.
• Market Challenges: The rising cybersecurity threats will challenge the cloud data warehouse market during the forecast period. Enterprises are concerned about the security of sensitive information, such as customers' personal details, financial information, and organizations' intellectual property. Furthermore, there are new data protection regulations to protect sensitive data. In addition, ransomware attacks have increased significantly in the past few years. Before deploying storage systems to prevent such attacks, enterprises need to have security features, such as regulatory compliance; data encryption at rest, motion, and use; multi-factor authentication; and securing personally identifiable information (PII). All these factors have raised the need for effective data security software and solutions, which has further increased the cost and overall operational costs for enterprises.

Technavio has identified key trends, drivers, and challenges in the market, which will help vendors improve their strategies to stay ahead of their competitors. View our FREE PDF Sample Report

• Alphabet Inc.
• Amazon.com Inc.
• Cloudera Inc.
• Hewlett Packard Enterprise Co.
• International Business Machines Corp.
• Microsoft Corp.
• Oracle Corp.
• SAP SE
• Snowflake Inc.
• Teradata Corp.

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Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2021
• Market outlook: Forecast for 2021 - 2026

Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Organization

• Market segments
• Comparison by Organization
• Large enterprises - Market size and forecast 2021-2026
• Small and medium enterprises - Market size and forecast 2021-2026
• Market opportunity by Organization

Customer landscape

• Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2021-2026
• Europe - Market size and forecast 2021-2026
• APAC - Market size and forecast 2021-2026
• MEA - Market size and forecast 2021-2026
• South America - Market size and forecast 2021-2026
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Alphabet Inc.
• Amazon.com Inc.
• Cloudera Inc.
• Hewlett Packard Enterprise Co.
• International Business Machines Corp.
• Microsoft Corp.
• Oracle Corp.
• SAP SE
• Snowflake Inc.
• Teradata Corp.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

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