TechNavio Insights has announced this week the release of the report â€śGlobal Data Warehouse Software Market in Retail Industry 2008-2012
Online PR News – 19-January-2010 – – Global Data Warehouse Software Market in Retail Industry 2008-2012
Data Warehouse software transforms data to real-time information for the decision-making process. TechNavio Insights has announced this week the release of the report â€śGlobal Data Warehouse Software Market in Retail Industry 2008-2012.â€ť
According to TechNavio Insights, â€śthe market for Data Warehouse in the retail industry is estimated to reach $509.2 million by 2012, from $339.0 million in 2008; thus, growing at a CAGR of 10.7 percent over the forecast period.â€ť
The retail sector is witnessing an increase in the penetration of technology.
â€śEven though the retail industry promises to be one of the growth drivers for the global economy in the long term, the industryâ€™s profits are currently affected by the recession,â€ť says a TechNavio expert.
Thus, the retailers are looking forward to expand their markets on a global level, align business strategies according to the customer needs, and build operations around the business strategy
It also discusses about the segmentation of the total Data Warehouse software market into various geographic regions and identifies the market trends, drivers, and challenges existing for the Data Warehouse software in the retail industry.
If you are interested in forecasts about the market size of the worldwide Data Warehouse software in the retail sector, please visit http://www.technavio.com/content/global-data-warehouse-software-market-retail-industry-2008-2012.