The European DWaaS market is projected to grow at a significant CAGR during the forecast period (2020-2026). The growing trend towards cloud-based services by enterprises is one of the major factors encouraging the growth of the DWaaS market. Large storage space is required to store the commercial data generated by the large as well as small & medium-sized enterprises. DWaaS can provide a solution as the data is stored on servers and proper management of the enterprise data. The data warehousing can provide flexibility and scalability of their business performance and lower the cost of operations through a cloud-based server. Further, with the increasing amount of data generated through IoT, many enterprises have shifted to data mining services in the country.
Browse the full report description of "European Data Warehouse as a Service (DWaaS) Market Size, Share & Trends Analysis Report by Deployment Type (Public Cloud, Private Cloud, and Hybrid Cloud), By Application (Data Mining, Reporting, Analytics, and Others), By Industry (BFSI, IT & Telecom, Government, Retail & E-commerce, Healthcare, and Others) and Forecast 2020-2026" at https://www.omrglobal.com/industry-reports/european-data-warehouse-as-a-service-market
The other factors that contributing to the growth of the market in Europe include well-developed IT infrastructure coupled with the presence of major market players. Major DWaaS companies such as Oracle Corp., Microsoft Corp., IBM Corp. are the DWaaS market players and having their offices in the region. Furthermore, the growing application of DWaaS in various verticals such as BFSI, energy & utility healthcare, government, IT & telecom and others contribute to the growth of the market in the region. Along with that Regulations regarding the data localization such as GDPR by the European Union, and countries-own data localization and protection act are also providing growth opportunities to the market.
Market Coverage
Report Elements |
Details |
Study Period |
2019-2026 |
Base year |
2019 |
Forecast period |
2020-2026 |
Segments Covered |
By Deployment Type, by Application, and By Industry |
Regions Covered |
UK, Germany, France, Spain, Italy, and Rest of Europe |
Key Companies Profiled |
Microsoft Corp., IBM Corp., Google LLC, Oracle Corp., and Amazon Web Services, Inc., SAP SE, and Others |
Key Questions Addressed by the Report
European DWaaS Market – Segmentation
By Deployment Type
By Application
By Industry
European DWaaS Market – Segmentation by Geography
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