Increasing volumes of digital data from various sectors and processes is a major factor boosting revenue growth of the global operational database management market
The Global Operational Database Management Market size is expected to reach USD 80.26 Billion in 2028 at a steady CAGR, according to latest analysis by Emergen Research. Major factors driving market revenue growth are increasing volume of digital data, rising requirement for more efficient data management solutions and systems, increasing number of SMEs in developing countries, availability of customized cloud infrastructure, and presence of relational and non-relational databases in hybrid models.
The research study presents an industry-wide summary of the Operational Database Management market, including drivers, constraints, technological advancements, product developments, limitations, growth strategies, growth prospects, etc. among others. The report analyzes the market based on different categories, such as product types, end-user applications, and leading geographical regions.
The report, overall, creates an exhaustive database for the user to offer them a comprehensive overview of the advancements in the global Operational Database Management sector and offers them a way to capitalize on the lucrative growth opportunities to help them reach their goals.
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Operational database management systems are widely deployed in BFSI, healthcare, government, and e-Commerce sectors. The BFSI segment accounted for largest revenue share in the global market in 2020. This can be attributed to increasing application of operational database management systems, rising need to manage large data volumes, and continuous increase in volume of digital data in the BFSI sector globally.
North America accounted for largest revenue share in the global market in 2020.
The report is further furnished with the latest happenings of the Operational Database Management market pertaining to the impact of the COVID-19 pandemic on the industry. The report also offers an initial and future impact assessment of the pandemic on the market.
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The report is formulated through extensive primary and secondary research and is further validated and verified by the industry experts and professionals. The validated data offers the readers a chance to help make well-informed decisions.
The research report offers in-depth insights into company profiles and their production values, production capacity, product portfolio, strategic plans such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, and government and corporate deals, among others. The Operational Database Management market report is segmented into various sectors to offer the reader a panoramic view of the industry.
Increasing investment in database management solutions, rapid developments in the e-Commerce sector, and robust presence of key vendors in countries in the region are some major factors driving revenue growth of the North America market.
Some major players operating in the global market are SAP SE, Amazon Web Services, Google Inc., Microsoft Corporation, Fujitsu, MarkLogic, SingleStore, Oracle Corporation, MongoDB, and EnterpriseOB.
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For the purpose of this report, Emergen Research has segmented the global operational database management market based on component, deployment mode, application, end-use, and region:
- Component Outlook (Revenue, USD Billion; 2018–2028)
- Deployment mode Outlook (Revenue, USD Billion; 2018–2028)
- ApplicationOutlook (Revenue: USD Billion; 2018–2028)
- Data Formatting
- Data Validation
- Error Tracking
- End-UseOutlook (Revenue: USD Billion; 2018–2028)
Key Regions Analyzed in the Report:
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy.
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