Data Warehouse as a Service (DWaaS) Market Size, Share, Trends, Industry Analysis: Research Methodology from 2022 to 2032

The global data warehouse as a service market is expected to generate sales of approximately US$ 5,484.9 million. Over the next decade, from 2023 to 2033, the demand for these services is projected to grow at a steady annual rate of 22.4%, reaching an estimated value of US$ 41,511.6 million by 2033.

Data warehouses as a service are being heavily used by financial consulting businesses to relieve them of the burden of having to update their on-premise software on a regular basis. Furthermore, customers may access services from anywhere with quick internet connectivity, which is driving up demand for data warehousing as a service in the BFSI sector. In contrast to this, less qualified workers and significant investments in outdated systems are limiting the worldwide market.

Request for a Sample of this Research Report:
https://www.futuremarketinsights.com/reports/sample/rep-gb-17159

Recent Developments:  

  1. Amazon Web Services and HCL Technologies joined forces in June 2022. HCL can provide enterprise data warehousing solutions that are scalable, economical, and high-performing thanks to AWS.  
  2. HCL Technologies receives data-driven business insights from Amazon Redshift that are supported by cutting-edge AI/ML capabilities. It is to enhance decision-making, and operational effectiveness, and accelerate time to market. 
  3. The Vertical Accelerator, a brand-new, comprehensive software-as-a-service (SaaS) offering, became publicly accessible in September 2021, according to Vertica Systems, a provider of analytical database management software with a United States base. 

Comments

Post a Comment

Popular posts from this blog

Serious Game Market Projected to Reach US$ 33 Billion by 2033

The global  serious game market  size is predicted to exceed a valuation of US$ 8.3 billion in 2023. It is likely to hit a valuation of US$ 33.0 billion by 2033. The market is estimated to thrive at a CAGR of 14.8% from 2023 to 2033. Positive user experiences and observable effects have emerged as serious games are employed more often in various sectors. Through the use of serious games, users—including students, staff, and patients—have reported more engagement, improved learning outcomes, and enhanced abilities. Because of these success anecdotes and endorsements, serious games are now more popular and in demand, boosting their market share. Request for a Sample of this Research Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-17388 The potential of serious games is being greatly boosted by rapid advancements in technology, such as Virtual Reality (VR), Augmented Reality (AR), and mobile devices. These technologies allow users to interact with virtual envir...
Read more

Short-Term Rental Platform Market Key Players, SWOT Analysis, Key Indicators and Forecast to 2032

Image
 The use of short-term rental platforms , like Airbnb and others, is predicted to grow steadily at an average annual rate of 19.1% over the upcoming years. This means that more and more people will continue to rent properties for short stays. In 2022, the total market for these platforms was valued at around US$ 4.5 billion, but it's expected to increase significantly to reach approximately US$ 25.8 billion by the year 2032. This growth shows a strong trend of people preferring short-term rentals for their accommodations. Key factors driving the global short-term rental platform market growth are the growing tourism industry and the increasing popularity of short-term rental properties. The increased number of tourists worldwide creates a high demand for vacation rental properties. Due to new integrated apps and software, the short-term rental platform industry is extremely profitable and has been rapidly expanding in recent years. Short-term rentals and their numerous advantages a...
Read more

Cloud ELN Service Market Trends: Reflecting a 13.7% CAGR by 2033

The global  cloud ELN service market  size is anticipated to surpass US$ 332.3 million in 2023. It is anticipated to hit  US$ 1,203.3 million  by 2033. The global market is anticipated to develop at a striking  CAGR of 13.7%  from 2023 to 2033. Data security, accessibility, and precision are all guaranteed by cloud ELN services. They enable data and workflow access from any location via an internet connection, enhancing cooperation inside the enterprise. Enterprises of all sizes benefit from cloud ELN services as they are affordable and efficient. The rising integration of advanced technologies is flourishing in growth for the market. Data security is of utmost importance for enterprises and cloud ELN services help businesses to steer through these cyber threats. Businesses can add additional resources to be more efficient and help in maximizing growth potential. Pharmaceutical and life science industries are increasing cloud ELN service adoption. Digi...
Read more