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Business Impacts of COVID-19 on Cloud Database and DBaaS Market | Strategies of Major Industry Competitors
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The growing demand for self-driving cloud databases is one of the key factors driving the growth of the cloud database and DBaaS market. To progress in the digital economy, companies are creating and leveraging complex database systems. The rising focus on data-intensive activities supported by the AI and internet of things (IoT) technologies is resulting in substantial workloads for data managers. As a result, they are increasingly opting for self-driving cloud databases.
Geographically, North America is expected to continue being the largest revenue generator in the cloud database and DBaaS market in the near future. In addition, the U.S. is projected to be the major contributor to the regional market, as the country is technologically advanced and, hence, rapidly adopting latest technologies, such as cloud, machine learning (ML) and artificial intelligence (AI), for meeting data management needs.
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This market research report provides a comprehensive overview of the cloud database and DBaaS market
* Historical and the present size of the cloud database and DBaaS market
* Future potential of the market through its forecast for the period 2020- 2030
* Major factors driving the market and their impact during the short, medium, and long terms
* Market restraints and their impact during the short, medium, and long terms
* Recent trends and evolving opportunities for the market participants
* Historical and the present size of the market segments and understand their comparative future potential
* Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings
About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
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