US DWaaS market is projected to grow at a significant CAGR during the forecast period (2020-2026). The major factors that propel the market growth in the country include the rising number of enterprises coupled with significant adoption of data warehousing services. In the US, there were around 5,954,000 firms in 2016 which increased to nearly 5,997,000 in 2017 as per the data provided by census.gov. Moreover, the organization also stated that over the period 2016-2017, the number of firms in the country continues to increase. Firms having 20 to 99 employees have increased by over 6 thousand units. Whereas, firms having people around 100 to 499 increased by 1,700 units over the same period.
Moreover, there are multiple data center clusters all over the US offering abundant data warehousing opportunities. The major data center cluster in the US include Los Angeles, New York, Washington DC Area, Chicago, and Bay Area. The US is well-linked to Asia-Pacific and Europe with submarine cables. Large carrier-neutral American data centers characterize advanced equipment and rich ecosystem that facilitates maximum uptime and connectivity to a large number of service providers. Energy is a major concern for data centers and the US has better coverage of the energy sector. This contributes to the rising number of data centers across the country that further encourages the demand of DWaaS in the country.
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US DWaaS Market – Segmentation
By Deployment Type
- Public Cloud
- Private Cloud
- Hybrid Cloud
By Application
- Data Mining
- Reporting
- Analytics
- Others (Asset Management)
By Industry
- BFSI
- IT & Telecom
- Government
- Retail & E-commerce
- Healthcare
- Media & Entertainment
- Other (Manufacturing, Travel & Hospitality)
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