2021 Database Software Market Analysis Of Market Size, Share And Trends, Forecasts To 2030

Database Software Market - By Type (Database Operation Management, Database Maintenance Management), By Deployment (Cloud, On-Premise), By End User (BFSI (Banking, Financial Services And Insurance), IT & Telecommunication, Media & Entertainment, Healthcare, Others), And By Region, Opportunities And Strategies – Global Forecast To 2030

The global database software market reached a value of nearly $23,363.1 million in 2020, having increasing at a compound annual growth rate (CAGR) of 4.6% since 2015. The market is expected to grow at a CAGR of 7.5% from 2020 to reach $33,538.1 million in 2025. The global database software market is expected to reach $41,593.9 million in 2030, at a CAGR of 4.4%.

The key drivers of the database software market include:
Increase in the amount of data generated by industries in their regular operations and integration of technologies including Internet of Things (IoT) in the process are expected to benefit the forecast period as it rises the need of using database software to handle vast amount of data with confidentiality, integrity, and availability. In addition, the introduction of customer-interface applications and the implementation of cloud computing technologies in industries including small scale enterprises have also increased the demand for database software. For example, companies including Coca-Cola has invested in FileMaker, a custom database software to deal with its large amount of data in a more efficient way. The use of FileMaker enables managers to analyze reports to get a glimpse of what is happening company-wide in-real time.

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Database Software Market Segmentation: -
By Type Of Product
a) Database Maintenance Management
b) Database Operation Management

By Type of Deployment
a) Cloud
b) On-Premise

By End-User
a) BFSI
b) IT & Telecom
c) Media & Entertainment
d) Healthcare
e) Others

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By Geography - The database software market is segmented Into
1.North America
2.Western Europe
3.Asia Pacific
4.Eastern Europe
5.South America
6.Middle East
7.Africa

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Some of the major key players involved in the database software market are
1.Oracle Corporation
2.Microsoft Corporation
3.IBM
4.SAP SE
5.Amazon

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