The Indian DWaaS market is projected to grow at a significant CAGR during the forecast period (2020-2026). The market is growing mainly growing due to the presence of enormous internet users coupled with a high amount of cloud data storage and rising enterprise data in the country. Continued internet penetration along with government initiatives such as “Digital India”, is expected to propel the internet penetration in India. This presents an increase in the demand for data management infrastructure in the country. The data center is regarded as a crucial component for any enterprise that projects to host their critical business data and applications.
Browse the full report description of "Indian 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 Other) and Forecast 2020-2026" at https://www.omrglobal.com/industry-reports/indian-data-warehouse-as-a-service-market
As per the Reserve Bank of India, the country’s banking sector is stable as compared to any other country across the globe. In the last couple of years, the country has taken several measures to ease banking facilities such as the promotion of digital banking to reduce the work pressure on the branches of the bank. As per the Indian Brand Equity Foundation, there were 18 public sector banks, 22 private sector banks, 46 foreign banks, 53 regional rural banks, 1,542 urban cooperative banks, and 94,384 rural cooperative banks by the end of September 2019. The country’s retail credit market increased to $281 billion in December 2017 as compared to $181 billion in December 2014. Therefore the growth in the BFSI sector further propels the demand for data warehousing services in the country.
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 |
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
Indian DWaaS Market – Segmentation
By Deployment Type
By Application
By Industry
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