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25+ Data Warehouse Statistics IT Teams Need to Know in 2024

February 26, 2024
by Melanie Maggine

In today's era of big data, having a reliable storage solution and effective analytical tools is essential.

While basic databases are adept at organizing information, a data warehouse offers both storage capabilities and powerful analysis tools, enabling you to process and transform data into valuable insights for decision-making.

As businesses increasingly recognize the importance of data warehouses, the market for these solutions is experiencing rapid growth. Investing in a data warehouse solution can help your organization remain competitive in the data-driven landscape.

We've compiled some statistics to provide further insights into this industry growth and the necessity for such solutions. So, let's dive in!

Data warehousing market statistics 

Data warehousing is a thriving market set for significant global growth in the coming years, with this trend expected to extend beyond current estimates.

  • The data warehousing market size is projected to achieve a growth rate of over 12% CAGR between 2019 and 2025.
  • Between 2019 and 2025, the unstructured data market is anticipated to experience a growth rate exceeding 10% CAGR.
  • The unstructured data segment, currently holding the lead, is poised to maintain its dominance, capturing over 65% market share by 2025.
  • By 2025, data mining is expected to represent more than 25% of the data warehousing market share.
  • The data warehousing market size is forecasted to reach $7.69 billion by 2028.

Want to learn more about Data Warehouse Solutions? Explore Data Warehouse products.

Cloud data warehousing statistics

Using cloud storage for data warehouses is gaining popularity due to its flexibility. Cloud-based data warehouses offer instant scalability, universal accessibility, and often stronger security compared to on-premise options. Many IT departments favor cloud data warehouses.

If you're not ready to transition to the cloud, there's no need to worry. Companies frequently utilize a combination of warehouse types. Let's explore which part of them are utilizing cloud solutions.

  • Cloud-based warehousing solutions are anticipated to grow by approximately 15% CAGR.
  • Nearly all cloud data warehouses automatically conduct backups, ensuring 99.99% data availability and fault tolerance.
  • A survey revealed that 53% of IT managers and executives consider hybrid or multi-cloud data warehouses increasingly important.
  • Only 18% of surveyed IT managers and executives reported having all their data warehouses on-premises.
  • Approximately 35% of surveyed IT managers and executives indicated having a mix of on-premises and public cloud data warehouses.
  • The projected value of the global cloud data warehouse market is set to reach $10.42 billion by 2026.
  • About 35% of IT managers manage a combination of on-premise and public cloud data warehouses.
  • Nearly half (47%) of IT managers report that all their data warehouses are hosted in the public cloud.
  • Among IT executives, modernizing data warehouses ranked as the top budget priority in 2021 for 53% of respondents.
  • Security concerns represent the primary obstacle hindering data warehouse migration to the cloud for 57% of organizations.

Data warehousing statistics by geography

From the rapid growth of cloud-based solutions to the evolving preferences of IT managers and executives, discover fascinating insights into data warehousing trends across various geographic regions.

  • The Asia Pacific (APAC) data warehousing market is projected to achieve a growth rate exceeding 15% CAGR between 2019 and 2025.
  • By the year 2025, the North American data warehousing market is anticipated to represent more than 40% of the total market share.
  • Revenue from big data analytics solutions in the Asia-Pacific region is forecasted to rise by $41.9 billion by the end of 2024.
  • By 2025, North America is expected to maintain dominance in the data warehousing market, capturing a 40% share of the market.

Data warehousing statistics by industry

Explore the latest insights into data warehousing statistics across various industries, providing valuable trends and analysis to empower informed decision-making. 

From the increasing prominence of cloud solutions to the evolving landscape of hybrid and multi-cloud deployments, uncover how different sectors are leveraging data warehousing to drive innovation and stay competitive in today's dynamic business environment.

  • The computer software industry leads in data warehouse adoption, accounting for 17% of users.
  • 37% of companies opt for a single, centralized data warehouse model.
  • The global data warehouse market encompasses over 37,000 companies.
  • Data culture is established in no more than 28% of Fortune 500 companies.
  • 31% of organizations aim to rapidly increase their analytics investments to accommodate growing user and data demands.
  • 44% of companies are planning to invest in artificial intelligence (AI) to streamline their data warehousing processes and improve the accuracy of their insights.

Only the bravest of data warriors shall emerge victorious!

Understanding your data is crucial for making important business decisions that can determine the success or failure of your company. Investing wisely in tool to maximize the value of your data is essential. 

With more companies investing in data warehousing, you don't want to be left behind. Data warehouse solutions can give your company an advantage by analyzing all the data you collect, helping you make better decisions. 

Need help deciphering your company’s big data? Learn how to make sense of it with  big data analytics

Melanie Maggine
MM

Melanie Maggine

Melanie Maggine is the Content & SEO Intern at G2. She is also a student at the University of Notre Dame studying Marketing and Spanish with a minor in Innovation and Entrepreneurship. Outside of work, Melanie enjoys working on photography! (she/her/hers)