Overview and Scope
Amazon Redshift is a cloud-based data warehousing service provided by Amazon Web Services (AWS). Amazon Redshift consulting refers to the professional services offered by consultants, consulting firms, or AWS Partner Network (APN) partners specializing in helping organizations design, implement, optimize, and manage their Amazon Redshift data warehousing solutions.
Sizing and Forecast
The amazon redshift consulting market size has grown rapidly in recent years. It will grow from $11.8 billion in 2023 to $13.05 billion in 2024 at a compound annual growth rate (CAGR) of 10.5%. The growth in the historic period can be attributed to the increasing adoption of cloud computing, the data explosion, the need for scalable and flexible analytics solutions, the demand for real-time data analysis, and cost-effective data warehousing solutions.
The amazon redshift consulting market size is expected to see rapid growth in the next few years. It will grow to $19.56 billion in 2028 at a compound annual growth rate (CAGR) of 10.7%. The growth in the forecast period can be attributed to the continued growth of big data and analytics, increasing demand for data-driven decision-making, an emphasis on data security and compliance, and the and the expansion of cloud-based services. Major trends in the forecast period include the rising popularity of managed cloud data warehousing solutions, a greater focus on data governance and privacy regulations, the integration of advanced analytics capabilities into Redshift offerings, and the and the expansion of Redshift usage beyond traditional data warehousing.
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Segmentation & Regional Insights
The amazon redshift consulting market covered in this report is segmented –
1) By Type: Online Services, Offline Services
2) By Sales Channel: Direct Channel, Distribution Channel
3) By Application: Small And Medium Enterprises, Large Enterprises
North America was the largest region in the amazon redshift consulting market in 2023. The regions covered in the amazon redshift consulting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The increasing adoption of cloud is expected to propel the growth of the amazon redshift consulting market going forward. Cloud adoption refers to individuals or organizations integrating and utilizing cloud computing services for data storage, processing, and application deployment over the internet. The increasing adoption of cloud computing is driven by its scalability, cost-effectiveness, and accessibility, enabling businesses to streamline operations and enhance agility in response to evolving market demands. Amazon Redshift consulting provides expertise in implementing and optimizing Redshift and facilitating efficient data warehousing and analytics solutions for businesses transitioning to the cloud. For instance, in April 2024, according to Eurostat Statistics, a European-based statistics and data organization provider, in 2023, 45.2% of EU businesses embraced cloud computing, mainly for email hosting, file storage, and office software. Additionally, 75.3% of these enterprises utilized advanced cloud services, including security software and database hosting, marking a 4.2% rise compared to 2021 in cloud adoption rates. Therefore, the increasing adoption of the cloud will drive the growth of the amazon redshift consulting market.
Key Industry Players
Major companies operating in the amazon redshift consulting market are Amazon Web Services Inc., Accenture plc, International Business Machines Corporation (IBM), Deloitte Touche Tohmatsu Limited, PricewaterhouseCoopers (PwC) International Limited, Ernst & Young Global Limited (EY), KPMG International Cooperative, Tata Consultancy Services Limited, Capgemini SE, NTT DATA Corporation, Cognizant Technology Solutions Corporation, Infosys Limited, DXC Technology Company, HCL Technologies Limited, Atos SE, CGI Inc , Wipro Limited, Tech Mahindra Limited, Rackspace Technology Inc , Slalom LLC, Hitachi Vantara LLC, SoftServe Inc , Apps Associates LLC, 2nd Watch Inc , Qubole Inc , Cloudwick Technologies Inc , Clairvoyant LLC, BluePi Consulting Pvt Ltd , SpringML Inc
The amazon redshift consulting market report table of contents includes:
1. Executive Summary
2. Amazon Redshift Consulting Market Characteristics
3. Amazon Redshift Consulting Market Trends And Strategies
4. Amazon Redshift Consulting Market – Macro Economic Scenario
5. Global Amazon Redshift Consulting Market Size and Growth
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32. Global Amazon Redshift Consulting Market Competitive Benchmarking
33. Global Amazon Redshift Consulting Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Amazon Redshift Consulting Market
35. Amazon Redshift Consulting Market Future Outlook and Potential Analysis
36. Appendix
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