Enterprise Data Warehouse Market Future Growth, Development, Revenue

The enterprise data warehouse (EDW) market is garnering substantial traction globally. The market growth attributes to the augmenting demand for efficient solutions for challenging mining data and analyzing information across the industries. Healthcare systems and healthcare organizations have become more aware of the need to leverage all of their data to support new population health management initiatives.

Moreover, increasing demand for robust warehouse management solutions from the defense and online retailing sector escalates market growth. According to the market research future, the global enterprise data warehouse (EDW) market is poised to create exponential accruals by 2027, growing at an impressive CAGR throughout the review period (2016-2027).

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Global EDW Market – Regional Analysis

North America dominates the global enterprise data warehouse market. The largest market share attributes to the presence of notable players and early adoption of warehouse management technologies and data warehouse as a service. The region witnessed the robust adoption of emerging technology, such as cloud data warehouse. Besides, increased knowledge of data management and data governance compliance in the region drives the growth of the market. 

Moreover, the growing need for better data management to create relationships between various heterogeneous variables required to frame an organization’s strategic policies increases enterprise data warehouse market share. The US accounts for the key share in the regional market due to rising technological developments in the country. The North American EDW market is projected to retain its dominance over the forecast period.

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Techfuture Joined: October 1st, 2020