Press release
ODBC Market Share Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers
ODBC Market Share
The ODBC Market Share is predicted to expand as the uptake of cloud-based services rises. Cloud-based services, which are computer services provided over the internet from remote servers rather than local servers or personal computers, are becoming increasingly necessary as more individuals work remotely. These online services provide a safe and easy way to access work-related data and applications. Open database connectivity (ODBC) plays a key role in these cloud-based services, allowing applications to connect to and interact with databases hosted on the cloud. This accommodates applications to reap the advantages of cloud computing while keeping a standardized and widely accepted database interface. For example, a survey of 753 technical and business professionals conducted by the AAG IT Support Service, a digital transformation service company based in the US, in September 2022 revealed that about 63% of respondents heavily used cloud services, a rise from 59% in 2021. Therefore, the escalated demand for cloud-based services is fueling the ODBC Market Share's growth.
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What is the future CAGR of the odbc Market Share, and how will it impact industry expansion?
The expansion of the ODBC Market Share has been swift and substantial in the past few years. The Market Share is projected to surge from $1.8 billion in 2024 to $2.16 billion in 2025, with a compound annual growth rate (CAGR) of 19.9%. The formidable growth in the historical period can be associated with factors such as the Emergence of Relational Databases, Cross-Platform Compatibility, Integration Necessities, the Internet Surge, and Regulatory Compliance.
The Market Share size of ODBC is predicted to experience swift expansion in the forthcoming years, with projections indicating a growth to $4.4 billion in 2029, representing a compound annual growth rate (CAGR) of 19.5%. The impetus for growth in the forecasted period is believed to be driven by factors such as expanded cloud adoption, the surge in big data and analytics, the integration of the internet of things, cybersecurity issues, and edge computing. Significant trends during the predicted period encompass cloud integration, the acceleration of big data and analytics, the interoperability with IoT, AI-powered ODBC optimization, and the adoption of hybrid and multi-cloud connectivity.
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What are the most significant trends transforming the odbc Market Share today?
Prominent players in the ODBC Market Share are concentrating on crafting groundbreaking solutions like open-source ODBC drivers to satisfy the escalating demand for ODBC. These software elements serve as an intermediator between the application and the DBMS, morphing the requests of the application into commands that the DBMS comprehends and vice versa. For example, in August 2023, Amazon Web Services Inc., a cloud service solutions company from the US, introduced an open-source ODBC driver. This provides a structured query language (SQL)-relational interface for developers and facilitates connection from diverse business intelligence (BI) tools. The driver ensures seamless integration with Timestream's query engine for applications like excel, powerBI, and JMP, enabling the analysis of significant volumes of time-series data. Comprehensive step-by-step guidelines for access setup, driver installation, data source names configuration, and proxy connection accompany this driver.
Which key Market Share segments comprise the odbc Market Share and drive its revenue growth?
The ODBC Market Share covered in this report is segmented -
1) By Operating System: Windows, macOS, Linux, Other Operating Systems
2) By Deployment: Cloud, On-Premise
3) By Application: Market Shareing And Collaboration, Big Data And NOSQL, Customer Relationship Management (CRM) And Enterprise Resource Planning (ERP), File And Application Programming Interface (API), Accounting, E-Commerce, Relational Database Management System (RDBMS)
4) By End-User: Manufacturing, Banking, Financial Services, And Insurance, Government, Information Technology and Telecommunication, Electronics, Healthcare, Automotive, Other End Users
Subsegments:
1) By Windows: ODBC Drivers For Windows Server, ODBC Drivers For Windows Desktop
2) By Macos: ODBC Drivers For Macos Versions, ODBC Drivers For Macos Applications
3) By Linux: ODBC Drivers For Various Linux Distributions, ODBC Drivers For Linux-Based Applications
4) By Other Operating Systems: ODBC Drivers For Unix-Based Systems, ODBC Drivers For Mobile Operating Systems, ODBC Drivers For Embedded Systems
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What regions are at the forefront of odbc Market Share expansion?
North America was the largest region in the ODBC Market Share in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ODBC Market Share report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the odbc Market Share?
Major companies operating in the ODBC Market Share report are Alphabet Inc, Microsoft Corporation, International Business Machines Corporation, Oracle Corporation, SAP SE, SAS Institute Inc., Teradata Corporation, OpenLink Software, Databricks Inc., Tableau LLC, Snowflake Inc., MongoDB Inc., Cloudera Inc., Progress Software Corporation, FairCom Corporation, MariaDB Corporation Ab, Simba Technologies, Devart, Delphin Technology AG, actualtechnologies LLC, eGenix.com Software, CData Software Inc., Easysoft Limited, NexusQA Pty Ltd., Skills and Services GmbH
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What Is Covered In The ODBC Global Market Share Report?
•Market Share Size Forecast: Examine the odbc Market Share size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the odbc Market Share for a structured understanding.
•Key Players Overview: Analyze major players in the odbc Market Share, including their Market Share value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the odbc Market Share.
•Segment Contributions: Evaluate how different segments drive overall growth in the odbc Market Share.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the odbc Market Share.
•Industry Challenges: Identify potential risks and obstacles affecting the odbc Market Share.
•Competitive Landscape: Review strategic developments in the odbc Market Share, including expansions, agreements, and new product launches.
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