Active Data Warehousing Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Deployment Model (On-Premise, Cloud, Hybrid), By Organization Size (Small, Medium, Large), By Industry Vertical (BFSI, Healthcare And Lifesciences, Manufacturing, Telecommunications And IT, Government And Public Sector, Consumer Goods And Retail, Entertainment And Media, Others), And By Geography - Forecasts From 2021 To 2026

The active data warehousing market is projected to grow at a CAGR of 10.21% to reach US$11.140 billion by 2026, from US$5.641 billion in 2019.

Active data warehousing essentially means delivering data in real-time. This data is delivered to the warehouse wherein, the data is converted into information for better decision-making with the help of analytic programming. Active Data Warehousing provides up-to-date information in today’s era wherein companies are working in an expeditiously fast environment and require quick decisions.

A major reason for the growth of this market is the rise in the demand for next-generation BI

The active data warehousing market is expected to witness growth owing to factors such as the rising demand for next-generation business intelligence. Active Data Warehousing allows users to access a large volume of complex data in no time. This data is organized in a systematic and efficient manner, thus aiding the market growth. Moreover, the growing demand for high-speed analytics is expected to significantly drive the market demand.

The rise in the number of smartphone users is expected to drive the demand for this market in the forecast period.

The number of smartphone users across the globe is increasing significantly. North America constitutes the highest penetration of smartphone users. In the developing nations countries like India, Brazil and China are witnessing an increasing demand for smartphones. The increase in the number of smartphone users is generating the demand for the growing stream of data. This is further expected to augment the market demand.

The growth in the demand for cost-efficient solutions is anticipated to fuel the growth of this market.

Active Data Warehousing substantially minimizes the cost of computing data. In addition, it enables the users to compile the entire data in a single location. Moreover, the increasing competition and a rise in big data trends are bolstering market growth. Providers are extensively following usage-based models for quoting the cloud data price. It is also needed for fast decision-making as well as for creating a demand-supply balance.

The hybrid deployment is anticipated to witness the highest growth in the forecast period.

The active data warehousing is segmented, based on the deployment model, as on-premise, cloud, and hybrid. The hybrid deployment is projected to witness significant growth. With growing technological advances, modern data seeks a data warehouse that can respond with speed and flexibility. There is a growing demand to separate computing and storage. A hybrid data warehouse allows the organization to optimize cost, allows to grant access to multiple users and allows users to backup all data and ensure business continuity.

The rising healthcare industry is projected to fuel market growth.

The healthcare industry, across the globe, is rapidly expanding. With the dynamic environment, it is getting well-versed with innovative technologies. The industry is experiencing a huge shift towards advanced analytics. It is one of the major reasons why healthcare organizations are adopting healthcare data warehouses. Active data warehousing helps hospitals constantly improve patient outcomes and minimize costs. It also helps the organization to improve efficiency and patient experience.

Key Restraints.

Some of the factors acting as market restraints include lack of skilled personnel, majorly in the developing economies, and greater consumption of resources. Moreover, the rapidly changing business environment calls for a change in the data warehouse design. Companies need to bear the high operational costs in order to incorporate these changes. All these factors can hinder the market growth for active data warehousing.

The share of different regions in the global active data warehousing market.

The North American region is anticipated to hold the largest share of the active data warehousing market. The region is facing an increasing demand for smartphones. This has further augmented the demand for big data analytics. Moreover, with the rise in trade and the growing number of businesses, logistics activities are anticipated to increase at an unprecedented level. In addition, the North American region is facing a growing demand for BI solutions. This would further promote market growth.

Recent developments in the active data warehousing market.

Some of the recent developments in the Active data warehousing market include:

• In March 2021, SAP SE completed the acquisition of Signavio to diversify its portfolio and provide customers cutting-edge end-to-end business process transformation suite.
• In June 2020, Yellowbrick Data announced to offer multiple petabyte capacity. This will be provided in its new hybrid data warehouse.

The impact of the outbreak of COVID-19.

The outbreak of COVID-19 has led to a public health emergency. The disease has spread in more than 100 countries and taken a toll on the lives of people. The surge has created downward pressure on the world economy. The government across the globe restricted travel to control the spread of Covid-19. This has affected active data warehousing in a negative manner. With the growing number of cases, hospitals are facing the need for data warehousing. In this particular segment, the market is expected to witness growth.

Segmentation:

• By Deployment Model
  • On-Premise
  • Cloud
  • Hybrid
• By Organization Size
  • Small
  • Medium
  • Large
• By Industry Vertical
  • BFSI
  • Healthcare and Lifesciences
  • Manufacturing
  • Telecommunications and IT
  • Government and Public Sector
  • Consumer Goods and Retail
  • Entertainment and Media
  • Others
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
    • Others
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
  • Middle East and Africa
    • Saudi Arabia
    • Israel
    • Others
  • Asia Pacific
    • Japan
    • China
    • India
    • Indonesia
    • Taiwan
    • Thailand
    • Others