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The global data warehousing market is estimated to grow at a significant growth rate of 10.7% during the forecast period. The market is driven by a significant rise in big data and the increasing adoption of cloud-based services owing to its flexibility and cost-effectiveness.
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Orion Market Research Data Warehousing Market, Size, Share, Analysis Report & Forecast to 2025 Request a Free Sample of our Data Warehousing Market:https://www.omrglobal.com/request- sample/data-warehousing-market Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404
The global data warehousing market is estimated to grow at a significant growth rate of 10.7% during the forecast period. The advent of blockchain technology has created a way to advance the data storage and management effectively. It can offer various advantages in data protection including transparency, reliability, and tamper-proof data security. The use of blockchain technology may significantly improve data security and efficient storage of files and documents. The blockchain network is visible to all participants and provides transparency and easy auditing. It is a reliable source as when one node fails, the user can still access the data as it is saved on all other nodes. A full Report of Data Warehousing Market is Available at: https://www.omrglobal.com/industry- reports/data-warehousing-market Blockchain data center infrastructure can support increasing data processing demands and ensure rapid, seamless, and secure data transmission. Thereby, augments the global data warehousing market growth during the forecast period. The companies such as KRAMBU, Inc. and Cisco Service, Inc. are integrating blockchain technology with data storage services. Blockchain integration with data centers is anticipated to offer significant opportunities for market players to advance their data storage solutions. This will assist companies to increase their revenue generation and maintain a good level of security primarily for banks and financial institutions especially as this sector is significantly moving toward blockchain technology for the management of financial transactions. Request a Free Sample of our Data Warehousing Market:https://www.omrglobal.com/request- sample/data-warehousing-market Banking and financial services companies require fast and reliable connectivity to support latency- sensitive applications for activities including market data delivery, payment processing, and online trading. To make high-performance applications, the provisioning speed of data and billing flexibility are critical. This could be achieved by managing a large amount of data through data warehousing services; therefore, is expected to drive the global data warehousing market. Datacenter providers offered secure and seamless networking to the dedicated bare-metal servers and are well-suited to meet the agility and cost-efficiency requirements of the financial firms. Furthermore, financial services offering firms need to have significant control and customization of their IT infrastructure to comply with the industry regulations. Therefore, these firms may require a hybrid cloud approach to maintain more direct control over their IT infrastructure. The data warehouses having hybrid capabilities provide seamless integration between physical and virtual clouds while offering visibility and control over the firm’s IT environment. For this purpose, financial institutions make use of data warehousing services to meet the strict security and compliance requirements; thereby driving the global data warehousing industry market growth. Current Market Trends Covered in the Global Data Warehousing Market Report • On the basis of the mode of deployment, the on-premises segment is estimated to hold a dominating market share during the forecast period. Based on the industry vertical, the BFSI segment held the largest market share in the global data warehousing market in 2018. North America is estimated to dominate the global data warehousing industry during the forecast period. • •
Global Data Warehousing Market Segmentation By Mode of Deployment • • On-Premises Cloud-Based By Industry Vertical • • • • • BFSI IT & Telecom Retail Healthcare Others (Manufacturing) Global Data Warehousing Market – Segment by Region North America • • US Canada Europe • • • • • • Germany UK France Spain Italy Rest of Europe Asia-Pacific • • • • China Japan India Rest of Asia-Pacific Rest of the World Company Profiles •Actian Corp. •Amazon Web Services Inc. •Cloudera Inc. •Dell Inc.
•Equinix Inc. •Google LLC •Hewlett-Packard Co. •IBM Corp. •Infobright Inc. •Kognitio Ltd. •Microsoft Corp. •Oracle Corp. •Pivotal Software, Inc. •SAP SE •Snowflake Inc. •Teradata Corp. For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report- customization/data-warehousing-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research- based services. For More Information, Visit Orion Market Research Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 7803040404
