Dublin, Jan. 26, 2024 (GLOBE NEWSWIRE) — The "Data Warehouse as a Service Market Size & Share Analysis – Growth Trends & Forecasts (2023-2028)" report has been added to ResearchAndMarkets.com’s offering. The Data Warehouse as a Service (DWaaS) market is witnessing an unprecedented surge, with projections highlighting a robust growth trajectory from USD 4.05 billion in 2023 to an impressive USD 11.23 billion by 2028, demonstrating a compound annual growth rate (CAGR) of 22.60% during the forecast period. This growth is underpinned by an increasing corporate emphasis on data-driven decision-making and business intelligence. The proliferation of data across key industries—finance, business, healthcare, and more—is fueling a paradigm shift towards advanced analytics and the strategic utilization of data warehousing solutions. Companies are leveraging these technologies to harness business insights from their burgeoning data repositories, aggressively pursuing new opportunities in the process. Key Growth Dynamics in Data Warehouse as a Service Market The escalating complexity of data management and the need for rapid, high-speed analytics are key drivers propelling the demand for DWaaS solutions. An uptick in cloud-based deployments, spurred by the exponential growth in data volumes across multiple sectors, is a significant factor contributing to the market’s expansion. With a […]
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