Institution predicts that by 2029, the size of the data warehouse software market in China will reach 20.9 billion US dollars.

International Data Corporation (IDC) recently released the "China Data Warehouse Software Market Tracking Report for the Second Half of 2024." According to IDC data, the size of the China data warehouse software market in the second half of 2024 is $550 million, an increase of 8.7% compared to the same period last year. Of this, the size of on-premise data warehouse software is $280 million, an increase of 6.8% year-on-year, while the size of public cloud data warehouse software is $260 million, an increase of 10.9% year-on-year. IDC predicts that by 2029, the size of the China data warehouse software market will reach $2.09 billion, with a 5-year compound annual growth rate of 15.5% from 2024 to 2029.