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IDC Forecasts China's Data Warehouse Software Market to Surpass $2.09 Billion by 2029
6 day ago /
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Author：小编
The data warehouse software market in China is witnessing robust growth, having attained a market size of $550 million in the latter half of 2024, marking an 8.7% year-over-year increase. Specifically, the on-premises segment contributed $280 million, experiencing a 6.8% growth, whereas the public cloud segment accounted for $260 million, enjoying a higher growth rate of 10.9%. According to projections by the International Data Corporation (IDC), this market is poised to soar to $2.09 billion by 2029, fueled by a compound annual growth rate (CAGR) of approximately 15.5% over the forthcoming five years.
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