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$5.641 billion in 2019.
Active data warehousing essentially means delivering data in real-time. This data is delivered to the warehouse wherein, the data is converted into information for better decision making with the help of analytic programming. Active Data Warehousing provides up-to-date information in today’s era wherein the companies are working in an expeditiously fast environment and require quick decisions.
active data warehousing market, US$ billion, 2019 to 2026
Source: Knowledge Sourcing Intelligence Analysis
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 the factors such as the rising demand for next-generation business intelligence. Active Data Warehousing allows the 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 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 allow 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.
Some of the factors acting as the 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 cost 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 in 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.
Some of the recent developments in the Active data warehousing market include:
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.
|Market size value in 2019||US$5.641 billion|
|Market size value in 2026||US$11.140 billion|
|Growth Rate||CAGR of 10.21% from 2019 to 2026|
|Forecast Unit (Value)||USD Billion|
|Segments covered||Deployment Model, Organization Size, Industry Vertical, And Geography|
|Regions covered||North America, South America, Europe, Middle East and Africa, Asia Pacific|
|Companies covered||Cloudera, Inc., International Business Machines Corporation, Huawei Technologies Co., Ltd., Microsoft Corporation, Oracle Corporation, Kognito, Hewlett-Packard Development Company, L.P., Sybase, Inc., SAP SE, Teradata Corporation|
|Customization scope||Free report customization with purchase|
Frequently Asked Questions (FAQs)
Q1. What is the size of the global active data warehousing market?
A1. Active Data Warehousing Market was valued at US$5.641 billion in the year 2019.
Q2. What will be the active data warehousing market size by 2026?
A2. The active data warehousing market is projected to reach a market size of US$11.140 billion by 2026.
Q3. What are the growth prospects for the active data warehousing market?
A3. The global active data warehousing market is projected to grow at a CAGR of 10.21% over the forecast period.
Q4. What factors are anticipated to drive the active data warehousing market growth?
A4. The active data warehousing market is expected to witness growth owing to the factors such as the rising demand for next-generation business intelligence.
Q5. Which region holds the maximum market share of the active data warehousing market?
A5. The North American region is anticipated to hold the largest share in the active data warehousing market.
1.1. Market Definition
1.2. Market Segmentation
2. Research Methodology
2.1. Research Data
3. Executive Summary
3.1. Research Highlights
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. The Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. Global Active Data Warehousing Market Analysis, By Deployment Model
6. Global Active Data Warehousing Market Analysis, By Organization Size
7. Global Active Data Warehousing Market Analysis, By Industry Vertical
7.3. Healthcare and Lifesciences
7.5. Telecommunications and IT
7.6. Government and Public Sector
7.7. Consumer Goods and Retail
7.8. Entertainment and Media
8. Global Active Data Warehousing Market Analysis, By Geography
8.2. North America
8.2.1. United States
8.3. South America
8.4.1. United Kingdom
8.5. Middle East and Africa
8.5.1. Saudi Arabia
8.6. Asia Pacific
9. Competitive Intelligence
9.1. Competitive Benchmarking and Analysis
9.2. Recent Investment and Deals
9.3. Strategies of Key Players
10. Company Profiles
10.1. Cloudera, Inc.
10.2. International Business Machines Corporation
10.3. Microsoft Corporation
10.4. Oracle Corporation
10.6. Hewlett-Packard Development Company, L.P.
10.7. Huawei Technologies Co., Ltd.
10.8. Sybase, Inc.
10.9. SAP SE
10.10. Teradata Corporation
International Business Machines Corporation
Huawei Technologies Co., Ltd.
Hewlett-Packard Development Company, L.P.
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