Cloud Database and DBaaS Market Expected to Grow at 24.8 Billion In Revenue by 2025

According to Market Study Report, Cloud Database and DBaaS provides a comprehensive analysis of the Cloud Database and DBaaS Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry. This report also provides market landscape and market share information in the Cloud Database and DBaaS Market. An exclusive data offered in this report is collected by research and industry experts team.

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The Global Cloud Database and Database as a Service (DBaaS) Market size is expected to grow from an estimated value of USD 12.0 Billion in 2020 to USD 24.8 Billion by 2025, at a Compound Annual Growth Rate (CAGR) of 15.7% during the forecast period. This report spread across 160 Pages, Profiling 20 Companies and Supported with 105 Tables and 35 figures is now available in this research.

Top Companies profiled in the Cloud Database and DBaaS Market:
o Google (US)
o Microsoft (US)
o AWS (US)
o IBM (US)
o Oracle (US)
o Alibaba Cloud (China)
o SAP (Germany)
o MongoDB (US)
o EnterpriseDB (US)
o Redis Labs (US)
o Tencent (China)
o Rackspace (US)
o Teradata (US)
o CenturyLink (US)
o Neo4j (US)
o DataStax (US)
o TigerGraph (US)
o MariaDB (US)
o RDX (US)
o MemSQL (US)

"The services segment is projected to grow at a higher CAGR during the forecast period"
With the rising technological advancements, the demand for cloud database and DBaaS solutions is expected to rise. This is projected to fuel the demand for cloud database services. Services offered by most cloud database and DBaaS solution vendors include professional services and managed services. Cloud database and DBaaS services play a crucial role for every solution vendor as clients expect consultation and implementation of the applicable cloud database and DBaaS solution along with support and maintenance of the provided cloud database and DBaaS solution.

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"The large enterprises segment to account for a higher market share during the forecast period"
Organizations with more than 1,000 employees are categorized as large enterprises. The trend of digitalization has been increasing extensively among large enterprises. The growing connectivity of bandwidths and mobility trends can be seen more among large enterprises, due to the presence of a huge workforce. The increasing demand for employees to access computing resources and applications from anywhere and at any time has made it complex for enterprises to store and manage their data.

"Asia Pacific to grow at the highest rate during the forecast period"
The cloud database and DBaaS market in Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period.In the APAC region, there is a tremendous demand for cloud database solution and services due to the massive and continuous growth of data through various channels, such smartphones and Internet of Things (IoT) devices.

Breakdown of primary participants' profile:
o By company type: Tier 1:42%, Tier 2:38%, and Tier 3: 20%
o By designation: C-level:32%, Directors:36%, and Others: 32%
o By region: North America: 35%, Europe: 27%, APAC:23%, and RoW:15%

Competitive Landscape of Cloud Database and DBaaS Market:
1 Introduction
1.1 New Product Launches/Product Enhancements
1.2 Partnerships and Collaborations
1.3 Acquisitions
2 Competitive Leadership Mapping
2.1 Visionary Leaders
2.2 Innovators
2.3 Dynamic Differentiators
2.4 Emerging Companies

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Reason to access this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall cloud database and DBaaS market and the sub segments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies.

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This release was published on openPR.