Database Management System Market to See Huge Demand by 2030: N-iX, Software Mind, ITRex Group

Published March 29, 2023

HTF Market Intelligence published a new research publication on Database Management System Market Insights, to 2028" with 150+pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Database Management System market was mainly driven by the increasing R&D spending across the world, however latest scenario and economic slowdown have changed complete market dynamics. Some of the key players profiled in the study are N-iX (Ukraine), Software Mind (Poland), ITRex Group (United States), Euvic (Poland), Netguru (Poland), Ciklum (United Kingdom), JCommerce (Poland), Beyondsoft Consulting Inc. (United States), Indus Net Technologies Pvt. (India), Prompt Softech (India)

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According to HTF Market Intelligence, the Global Database Management System market to witness a CAGR of 10.8% during forecast period of 2023-2028. The market is segmented by Global Database Management System Market Breakdown by Type (Centralized, Distributed, Federated, Others) by By End-User (Retail, BFSI, Pharmaceutical Industry, Real Estate, Manufacturing, Others) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Database Management System market size is estimated to increase by USD 15.2 Billion at a CAGR of 10.8% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD 5.3 Billion.

A Database Management System (DBMS) is a software system that enables users to define, create, maintain and control access to a database. It is a software application that allows users to manage data efficiently and effectively. The database management system market refers to the market for software applications that enable users to manage databases.

Market Trends:

Cloud-based solutions: The trend towards cloud-based solutions is one of the most significant trends in the DBMS market. Many businesses are opting for cloud-based solutions because they offer scalability, flexibility, and cost-effectiveness. Cloud-based DBMS solutions also enable businesses to access data from anywhere, at any time.

Market Drivers:

Data explosion: The explosion of data generated by businesses is driving the need for more sophisticated DBMS solutions that can handle large volumes of data. Businesses need to manage and store this data effectively to gain insights, make decisions, and remain competitive.

Market Opportunities:

Cloud-based solutions: As more businesses move to the cloud, there is an increasing demand for cloud-based DBMS solutions. These solutions provide businesses with flexibility, scalability, and cost savings, which are essential in today's competitive business environment.

The titled segments and sub-section of the market are illuminated below:

The Study Explore the Product Types of Database Management System Market: Centralized, Distributed, Federated, Others

Key Applications/end-users of Database Management System Market: Retail, BFSI, Pharmaceutical Industry, Real Estate, Manufacturing, Others

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With this report you will learn:

  • Who the leading players are in Database Management System Market?
  • What you should look for in a Database Management System
  • What trends are driving the Market
  • About the changing market behaviour over time with strategic view point to examine competition

Also included in the study are profiles of 15 Database Management System vendors, pricing charts, financial outlook, swot analysis, products specification &comparisons matrix with recommended steps for evaluating and determining latest product/service offering.

List of players profiled in this report: N-iX (Ukraine), Software Mind (Poland), ITRex Group (United States), Euvic (Poland), Netguru (Poland), Ciklum (United Kingdom), JCommerce (Poland), Beyondsoft Consulting Inc. (United States), Indus Net Technologies Pvt. (India), Prompt Softech (India)

Who should get most benefit of this report?

  • Anyone who are directly or indirectly involved in value chain cycle of this industry and needs to be up to speed on the key players and major trends in the market for Database Management System
  • Marketers and agencies doing their due diligence in selecting a Database Management System for large and enterprise level organizations
  • Analysts and vendors looking for current intelligence about this dynamic marketplace.
  • Competition who would like to benchmark and correlate themselves with market position and standings in current scenario.

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Quick Snapshot and Extracts from TOC of Latest Edition

Overview of Database Management System Market

Database Management System Size (Sales Volume) Comparison by Type (Centralized, Distributed, Federated, Others)

Database Management System Size (Consumption) and Market Share Comparison by Application (Retail, BFSI, Pharmaceutical Industry, Real Estate, Manufacturing, Others) (2022-2028)

Database Management System Size (Value) Comparison by Region (2023-2028)

Database Management System Sales, Revenue and Growth Rate (2023-2028)

Database Management System Competitive Situation and Current Scenario Analysis

Strategic proposal for estimating sizing of core business segments

Players/Suppliers High Performance Pigments Manufacturing Base Distribution, Sales Area, Product Type (Centralized, Distributed, Federated, Others)

Analyse competitors, including all important parameters of Database Management System

Database Management System Manufacturing Cost Analysis

Latest innovative headway and supply chain pattern mapping of leading and merging industry players

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