According to P&S Intelligence, North America made the highest usage of DWaaS solutions in the past, and it will retain its dominance in the coming years. This can be ascribed to the increasing usage of data analytics in the healthcare, BFSI, government, and retail and e-commerce sectors and rising demand for personalized services by customers.

Furthermore, the Asia-Pacific (APAC) region will demonstrate the fastest growth in the adoption of these services due to the soaring demand for cloud-based data warehousing solutions by BFSI companies. Moreover, the digital transformation in India, Singapore, Hong Kong, and Australia is propelling the demand for DWaaS solutions.

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In recent years, data warehouse as a service market players have started focusing on product launches to increase their footprint and edge out their competitors. For instance, in October 2019, SAP E launched a solution that integrates all the data sources of a business organization. With this tool, named Data Warehouse Cloud, users can manage data, perform analytics, develop and integrate applications, and receive related services.

Similarly, in September 2019, Cloudera Inc. had introduced Cloudera Data Warehouse, a cloud-native data warehousing service, on its Cloudera data platform (CDP), to retrieve any form of data from anywhere and simplify the lifecycle of data warehousing. All these end-users deploy different types of DWaaS solutions as per their requirement. Thus, the type segment of the data warehouse as a service market is categorized into enterprise data warehouse (EDW) and operational data store (ODS).

Under this segment, the ODS category is expected to showcase the faster growth during the forecast period, because these solutions can integrate data from multiple platforms on a single platform, thereby smoothening the process of operational reporting. Moreover, ODS solutions use BI tools to derive useful inferences from the latest data.

Thus, the growing deployment of the cloud technology in corporate houses, banks, retail stores, government organizations, and healthcare facilities and the rising volume of data are amplifying the usage of DWaaS solutions.

This market research report provides a comprehensive overview of the market

* Future potential of the market through its forecast for the period 2020– 2030
* Major factors driving the market and their impact during the short, medium, and long terms
* Market restraints and their impact during the short, medium, and long terms
* Recent trends and evolving opportunities for the market participants
* Historical and the present size of the market segments and understand their comparative future potential
* Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings