2021 Outlook Assessment – Snowflake

In 2020, the technology sector saw substantial growth amid the changes to working environments. Companies looked towards methods of consolidation to conserve resources and maximize value during uncertainty. Throughout 2020 and into 2021, the total addressable market for cloud data warehouse solutions continued to grow. Solutions like Snowflake stood to capture the market as it addressed the rising data management, consolidation, and value-driven needs of enterprises. In 2021, we expect Snowflake to continue its growth and innovation path within the cloud data warehouse sector.