According to IMARC Group’s latest report, titled “Database Management System (DBMS) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global database management system (DBMS) market is expected to exhibit a CAGR of 12.8% during 2022-2027. Looking forward, IMARC Group expects the global database management system (DBMS) market to continue its robust growth during the forecast period (2022-2027).
The database management system (DBMS) is a computerized software-based solution that creates, manages, and organizes databases with enhanced security in predefined formats or structures. It consists of a query process for exchanging requests, a runtime manager for access based on context, and a database engine for carrying out essential storage and retrieval operations. Apart from this, DBMS helps retrieve information instantly and easily, derives insightful data for effective decision-making, offers business intelligence solutions, and provides file backups. As a result, it is extensively utilized by various end-users to increase overall firm productivity by improving data sharing while complying with security standards.
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Database Management System (DBMS) Market Trends:
The widespread utilization of cloud-computing solutions by small and medium-sized enterprises (SMEs) and the rising need for effective relational, distributed, hierarchical, object-oriented, and network-based data management solutions to ensure information safety is primarily driving the market growth. Moreover, the introduction of cutting-edge products, such as non-rational (NoSQL) and In-Memory databases, which are increasingly preferred over conventional relational database management systems (RDBMS) for handling the volume of unstructured data, is favoring the market growth. Additionally, the large-scale integration of DBMS with the Internet of Things (IoT), deep learning, and operation intelligence technologies to support traditional and augmented transactions and analytical processing is propelling the market growth. Besides this, the sudden enforcement of work-from-home (WFH) and bring-your-own-device models by enterprises during the COVID-19 pandemic supplemented the demand for DBMS to provide remote access to data, which is supporting the market growth.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
- com Inc.
- Cloudera Inc.
- Embarcadero Technologies Inc. (Idera Inc.)
- EnterpriseDB
- International Business Machines Corporation
- MariaDB Corporation
- MarkLogic Corporation
- Microsoft Corporation
- Oracle Corporation
- SAP SE
- Software AG.
Key Market Segmentation:
The report has categorized the market based on type, database type, deployment mode, organization size and application.
Breakup by Type:
- Linux
- MacOS/iOS
- Windows
Breakup by Component:
- Hardware
- Software
Breakup by Deployment Mode:
- Cloud-based
- On-premises
Breakup by Organization Size:
- Small and Medium Enterprises (SMEs)
- Large Enterprises
Breakup by Application:
- BFSI
- Defense and Government
- Healthcare
- Oil and Gas
- Retail and Manufacturing
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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