Press release
2025-2034 Database Software Market Evolution: Disruptions, Innovations, and Untapped Opportunities
Database Software
What Will the Database Software Industry Market Size Be by 2025?
The market size of the database software has seen a swift expansion in the past few years. It is projected to escalate from $182.52 billion in 2024 to $207.37 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 13.6%. The spur in growth during the historical period is a result of technological advancement, digitalisation, economic progression, and the augmented simplicity of the software.
What's the Long-Term Growth Forecast for the Database Software Market Size Through 2029?
The size of the database software market is anticipated to experience swift expansion in the forthcoming years, and it is projected to reach $311.05 billion by 2029, growing at a compound annual growth rate (CAGR) of 10.7%. The surge in this projection period can be ascribed to the escalating volume of data production and the proliferation of data-intensive businesses. Critical trends predicted in the forecast span encompass investing in protective measures against cyber-attacks, introducing a mobile-compatible variation to the product portfolio, providing the products and solutions via subscription or on-demand payment strategies, and making investments in HTAP systems.
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What Are the Key Growth Drivers Fueling the Database Software Market Expansion?
Companies engaging with diverse data sets for scrutinizing and formulating future strategies in the modern data-focused world need to have an easy and uncomplicated data storage system. The database software market worldwide is expected to gain considerable traction due to the growth of data-centric corporations and e-commerce businesses. As an illustration, Forrester points out that companies making use of database management software tools for decision-making processes have a 58% higher probability of surpassing their revenue targets as compared to their non-data driven counterparts. Hence, this consistent surge in data-based businesses propels the database software market.
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What Are the Key Trends Driving Database Software Market Growth?
Big Data's increasing prevalence has prompted database software entities to concentrate on producing goods for its storage and handling. Instruments such as SQL or NoSQL are utilized for storing, processing, and scrutinizing Big Data. Proper management and storage of big data allow companies to extract crucial patterns and knowledge from the given data, assisting in the formulation of informed decisions. Hence, database software enterprises are investing in the enhancement of their features to manage large data sets more efficiently and swiftly. Some dominant database software instruments consist of AWS DynamoDB, Azure Cosmos DB, and Amazon Document DB.
How Is the Database Software Market Segmented?
The database software market covered in this report is segmented -
1) By Type: Database Operation Management, Database Maintenance Management
2) By Deployment: Cloud, On-Premise
3) By End User: BFSI [Banking and Financial Services], IT And Telecommunication, Media And Entertainment, Healthcare, Other End-Users
Subsegments:
1) By Database Operation Management: Database Monitoring Tools, Database Performance Management, Database Backup and Recovery Solutions, Database Security Management, Database Deployment Tools
2) By Database Maintenance Management: Database Optimization Tools, Database Upgrade and Migration Services, Data Cleansing and Quality Tools, Database Patch Management, Data Archiving Solutions
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Which Companies Are Leading the Charge in Database Software Market Innovation?
Major companies operating in the database software market include Oracle Corporation, Microsoft Corporation, IBM, SAP SE, Amazon.com Inc., Teradata Corporation, MongoDB, Mark Logic, Couch Base, Redis Labs Ltd., Fujitsu, Amazon Web Services (AWS), Rocket Software, Pivotal, Software AG, PingCAP, Huawei, Datastax, InterSystems, SQLite, MariaDB, ScienceSoft, AI Software, SoftwareONE, Cyber Infrastructure Inc., 2Base Technologies Pvt. Ltd, Webtonic Solutions, Cygnet Infotech LLC
Which Regions Are Leading the Global Database Software Market in Revenue?
North America was the largest region in the database software market in 2024. Asia-Pacific was the second largest region in the global database software market. The regions covered in the database software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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