The global cloud data warehouse market is on a strong growth trajectory, driven by the accelerating adoption of cloud-based data management solutions across industries. Valued at approximately USD 18 billion in 2024, the market is projected to reach nearly USD 58 billion by 2034, registering a robust compound annual growth rate (CAGR) of about 12.5% over the forecast period. Cloud data warehouses are becoming critical components in enterprise IT ecosystems, enabling real-time data analytics, flexible storage, and integration of artificial intelligence (AI) and machine learning (ML) for data-driven decision-making.
Read the full story, via Benzinga.