- In March 2023, GXO Logistics, Inc. announced the global expansion of GXO Direct, enhancing its offerings in the logistics sector. By leveraging the capabilities, resources, and expertise gained from the acquisition of Clipper in 2022, GXO has developed a premier shared space option in the UK. This expansion is designed to optimize supply chain solutions and improve service delivery for its customers across various sectors
- In June 2022, HCL Technologies formed a strategic partnership with Amazon Web Services (AWS) to enhance its data warehousing solutions. By leveraging AWS’s capabilities, HCL aims to offer scalable, cost-effective, and secure Enterprise Data Warehouse solutions. Key features include the use of Amazon Redshift, which integrates advanced AI/ML capabilities, facilitating operational efficiency improvements, better decision-making, and faster time-to-market for HCL's clients across various industries
- In May 2022, Dell entered into a strategic agreement with Snowflake Inc. to enhance access to on-premises data. This collaboration focuses on integrating Snowflake's cloud-based solutions with Dell's on-site object storage systems. By doing so, the partnership aims to streamline data management processes, allowing businesses to leverage their existing data infrastructure while taking advantage of Snowflake's analytics capabilities for improved data insights and operational efficiency
- In January 2022, Firebolt raised USD 100 million at a valuation of USD 1.4 billion to enhance its data analytics capabilities. The funding is aimed at improving the speed and cost-effectiveness of analytics on large data sets. Firebolt plans to utilize the capital to refine its technology stack, expand its business development efforts, and grow its team, ultimately addressing the growing needs of the data warehousing market more effectively
- In May 2021, WPP and Microsoft announced a collaboration to create a cloud studio, significantly transforming content production processes. This partnership aims to leverage Microsoft's cloud technologies to enhance creative capabilities and streamline production workflows. By integrating advanced tools and resources, WPP seeks to improve efficiency and deliver innovative content solutions to clients, ultimately reshaping the future of digital marketing and content creation
Frequently Asked Questions
The market is segmented based on Global Data Warehouse as a Service Market Segmentation, By Type (Enterprise Data Warehouse as a Service and Operational Data Storage), Usage (Analytics, Reporting, and Data Mining), Deployment Model (Public Cloud, Private Cloud, and Hybrid Cloud), Organization Size (Small and Medium-Sized Enterprises and Large Enterprises), Application (Customer Analytics, Risk and Compliance Management, Asset Management, Supply Chain Management, Fraud Detection and Threat Management, and Others), Industry Vertical (Banking, Financial Services, and Insurance, Retail and Ecommerce, Healthcare and Pharmaceuticals, Telecommunications and IT, Government and Public Sector, Manufacturing, Media and Entertainment, Travel and Hospitality, and Others) – Industry Trends and Forecast to 2031
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The Global Data Warehouse As A Service Market size was valued at USD 9.06 USD Billion in 2023.
The Global Data Warehouse As A Service Market is projected to grow at a CAGR of 25.55% during the forecast period of 2024 to 2031.
The major players operating in the market include Google, IBM Corporation, Amazon, Microsoft, VMware, Hewlett Packard Enterprise Development LP, Dell , Huawei Technologies Co., FUJITSU, Nutanix, NetApp, Quantum Corporation, Scale Computing, DataCore Software, Maxta, SANGFOR TECHNOLOGIES, SAP SE.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
