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Global Open Database Connectivity (ODBC) Market Outlook 2025-2034: Trends, Innovations, And Future Outlook
Open Database Connectivity (ODBC) Market
What Is the Open Database Connectivity (ODBC) Market Size and Projected Growth Rate?
The market size of open database connectivity (ODBC) has seen a quick expansion in the recent past. Its growth is projected to rise from $1.71 billion in 2024 to $2 billion in 2025, showing a compound annual growth rate (CAGR) of 17.1%. The growth during the historic period is due to the rise in data proliferation, improved cross-platform compatibility, more initiatives towards data integration, increased IoT proliferation, and stronger support from the open-source community.
The market size for open database connectivity (ODBC) is anticipated to experience swift expansion in the upcoming years. It is projected to increase to $3.76 billion by 2029, with a compound annual growth rate (CAGR) of 17.0%. This predicted growth during the forecast period is mainly due to the emergence of big data, interoperability with diverse databases, compliance with regulations, the capability for real-time data processing, and concerns over data security. Notable trends expected during the forecast period comprise enhancements in data virtualization, performance optimization, incorporation with big data technologies, improvements in scalability, and integration with machine learning.
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What Are the Major Segments in the Open Database Connectivity (ODBC) Market?
The open database connectivity (ODBC) market covered in this report is segmented -
1) By Driver: Single-Tier ODBC Driver, Multi-Tier ODBC Driver
2) By Operating System: Windows, macOS, Linux, Other Operating Systems
3) By Deployment: Cloud, On-Premise
4) By Application: marketing And Collaboration, Big Data And NoSQL, File And Application Programming Interface (API), Accounting, E-Commerce, Other Applications
5) By End-User: Manufacturing, Banking, Financial Services, And Insurance (BFSI), Government, Information Technology (IT) And Telecommunications, Electronics, Healthcare, Automotive, Other End Users
Subsegments:
1) By Single-Tier ODBC Driver: Native ODBC Drivers, Application-Specific Drivers
2) By Multi-Tier ODBC Driver: Middleware ODBC Drivers, Network-Based ODBC Drivers
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What Are The Driving Open Database Connectivity (ODBC) Market Evolution?
The surge in cloud adoption is predicted to boost the expansion of the open database connectivity (ODBC) market. The term cloud adoption refers to the strategic decision taken by firms to cut costs, manage risks, and scale database abilities through the application of cloud technologies for improving business operations. There is a rising demand for cloud services as they offer an economical substitute to traditional on-location infrastructure with benefits in operations making cloud computing an appealing and strategic option for companies of all sizes. ODBC enables smooth database connectivity in the cloud, thereby allowing applications to communicate with various DBMSs in the cloud using a uniform interface. For example, in May 2023, the United Kingdom-based Office for National Statistics (ONS) stated that the portion of its budget used on cloud-managed services rose from 11% in 2022 to 25% in 2023. This showcases a crucial shift towards the utilization of cloud infrastructure. Hence, the growing adoption of the cloud is steering the advancement of the open database connectivity (ODBC) market.
Which Firms Dominate The Open Database Connectivity (ODBC) Market Segments?
Major companies operating in the open database connectivity (ODBC) market are Microsoft Corporation, International Business Machines Corporation, Oracle Corporation, SAP SE, Amazon Web Services Inc., SAS Institute Inc., Hitachi Vantara, Teradata Corporation, Databricks Inc., Snowflake Inc., Cloudera Inc., MongoDB Inc., Progress Software Corporation, insightsoftware, Redgate Software, MariaDB, Devart Lab Inc., CData Software Inc, FairCom Corporation, Delphin Technology AG, Actual Technologies LLC, eGenix.com Software GmbH, Easysoft Limited, OpenLink Software, NexusQA Pty Ltd.
What Trends Are Expected to Dominate the Open Database Connectivity (ODBC) Market in the Next 5 Years?
Prominent businesses in the open database connectivity market are advancing customer-focused innovations like the ODBC driver to improve smooth and effective data interaction in varied database environments. This allows for data transfer and communication between an application and a database by converting the application's ODBC calls into commands understood by the specific DBMS. For example, in June 2023, Amazon Athena, an American serverless interactive analytics service provider, launched an improved ODBC driver aimed to enhance connectivity, querying, and visualization experience for SQL development and business intelligence applications. This newer version maintains support for the existing features, simplifies the upgrade procedure, and adds new features. Notably, it now enables user authentication via the AWS IAM Identity Center and offers flexibility to read query results directly from Amazon S3, which could speed up the availability of query results.
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Which Is The Largest Region In The Open Database Connectivity (ODBC) Market?
North America was the largest region in the open database connectivity (ODBC) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the open database connectivity (ODBC) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Open Database Connectivity (ODBC) Market?
2. What is the CAGR expected in the Open Database Connectivity (ODBC) Market?
3. What Are the Key Innovations Transforming the Open Database Connectivity (ODBC) Industry?
4. Which Region Is Leading the Open Database Connectivity (ODBC) Market?
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