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).
Additionally, increasing digital transformation, consulting, and business reengineering services & solutions influence the market growth, delivering turnkey solutions that greatly accelerate the migration of premises-based enterprise data warehouse (EDW) and Hadoop environments to the cloud. Technological upgrades such as end-to-end solutions and services for EDO2 boost market growth.
Warehouse management software integrated with the EDW plays a causal role in providing fast and reliable Cloud migrations, raising the market demand exponentially. Increasing deployments of the EDW in small, medium, and large enterprises push the growth of the market. Also, the rapid industrialization, alongside growing numbers of businesses, provides impetus to market growth.
Besides, growing product developments influence the market increase, offering innovative warehouse technologies. Conversely, technical complexities and the high cost of the technology are the significant factors forecasted to impede the growth of the market. Nevertheless, the rising popularity of EDW would support market growth throughout the assessment period.
Enterprise Data Warehouse (EDW) Market – Segments
The report is segmented into five dynamics;
By Deployment: Web-based and Server-based.
By Product Type: Information Processing, Data Mining, Analytical Processing, and others.
By Data : Billings, Documents, Patient Records, Financials, and others.
By End-Users: Hospitals, Clinics, Research Labs, and others.
By Regions: Americas, Europe, Asia Pacific, and the Rest-of-the-World.
Leading Key Players in Enterprise Data Warehouse (EDW) Market are:
- Health Catalyst
- Seven Technologies
- Teradata
- Cognilytics
- Tata Consultancy Services (TCS)
- Fusion Consulting
- Amitech
- Citius Tech
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