Global Active Data Warehousing Market 2023-2028: Data Governance Takes Center Stage in Active Data Warehousing as Regulatory Requirements Increase

Dublin, Oct. 10, 2023 (GLOBE NEWSWIRE) -- The "Active Data Warehousing Market by Deployment Mode, Enterprise Size, Industry Vertical, and Region 2023-2028" report has been added to ResearchAndMarkets.com's offering.

The global Active Data Warehousing market is experiencing substantial growth due to increasing demand for real-time data analytics, the vast amount of data generated by organizations, and the growing adoption of Internet of Things (IoT) technologies. Active Data Warehousing focuses on delivering real-time or near-real-time data to end-users, enabling rapid decision-making and providing timely, accurate, and relevant data to business analysts and decision-makers.

This approach is supported by advanced technologies like in-memory computing, columnar databases, and parallel processing, which allow for the quick processing of large datasets.

Market Size and Growth:

• The global active data warehousing market reached approximately US$ 9.94 billion in 2022.
• It is expected to grow at a Compound Annual Growth Rate (CAGR) of 8.80% during 2023-2028.
• By 2028, the market is projected to reach US$ 16.82 billion.

Key Market Drivers:

1. Demand for Real-Time Data Analytics: Businesses are increasingly seeking real-time data analytics capabilities to respond quickly to market changes and customer demands. Active Data Warehousing enables organizations to make informed decisions promptly.
2. Data Volume and Variety: The growing volume, velocity, and variety of data generated by organizations create a strong demand for solutions that can manage and process data in real time, extracting insights and value more efficiently.
3. IoT Utilization: The proliferation of IoT devices and digital technologies has led to a massive increase in data generated by sensors and devices. Active Data Warehousing plays a crucial role in processing and analyzing this data in real time.
4. Advanced Technologies: In-memory computing, columnar databases, and parallel processing technologies enhance the efficiency of data processing in active data warehousing solutions, making them more attractive to organizations.
5. Cloud Computing: The availability of cloud-based data warehousing solutions has made it easier and cost-effective for organizations to implement active data warehousing, as it provides high-performance computing and storage resources in the cloud.
6. Data Governance and Compliance: Ensuring data security, accuracy, and compliance with regulatory requirements is increasingly important. Active Data Warehousing helps organizations implement robust data governance policies and controls while enabling real-time analytics.

Market Segmentation:

The active data warehousing market is segmented based on deployment mode, enterprise size, and industry vertical.

Deployment Modes:

1. Cloud-based: Organizations can leverage cloud-based active data warehousing solutions, which offer scalability and flexibility.
2. On-premises: Some organizations prefer on-premises solutions, maintaining control over their data infrastructure.

Enterprise Sizes:

1. Large Enterprises: These organizations typically have complex data needs and require advanced data warehousing solutions.
2. Small and Medium-sized Enterprises (SMEs): SMEs also benefit from active data warehousing solutions, tailored to their requirements.

Industry Verticals:

1. BSFI (Banking, Financial Services, and Insurance): The BSFI sector represents a significant portion of the active data warehousing market.
2. Healthcare, Manufacturing, IT and Telecommunication, Government and Public Sector, Retail, Media and Entertainment, and Others: These industry verticals also contribute to the market's growth.

Key Players:

• Amazon Web Services Inc. (Amazon.com Inc.)
• Cloudera Inc. (Sky Parent Inc.)
• Hewlett Packard Enterprise Development LP
• Huawei Technologies Co. Ltd.
• International Business Machines Corporation
• Microsoft Corporation
• Oracle Corporation
• SAP SE
• Snowflake Computing Inc.
• Teradata Corporation
• VMware Inc.

Key Questions Addressed in the Report:

• How has the global active data warehousing market performed, and what is its growth outlook?
• What are the drivers, restraints, and opportunities in the market?
• How are different deployment modes, enterprise sizes, and industry verticals contributing to market growth?
• Which regions and countries represent attractive opportunities in the active data warehousing market?
• Who are the key players in the market, and what is the competitive landscape?

Key Attributes:

For more information about this report visit https://www.researchandmarkets.com/r/91nyhl

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• Global Active Data Warehousing Market