I have following query which has select query that returns data in 5sec. But when I add create materialized view command infront it takes ever for the query to create materialized view.
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When you create a materialized view, you actually create a copy of the data that Oracle takes care to keep synchronized (and it makes those views somewhat like indexes). If your view operates over a big amount of data or over data from other servers, it’s natural that the creating this view can take time.
From docs.oracle.com: