Global Database as a Service Market to grow at a CAGR of 65.49% during 2016-2020: Market Research Report

Albany, NY, May 02, 2017: Organizations across industries embrace cost-effective DBaaS solutions to meet their complex database management requirement and outperform their competitors. The need to gain flexibility while driving down data costs, the exponential growth in data due to increased implementation of enterprise mobility, and the rapid adoption of cloud computing positively impact the market growth.

In todays world of information, every industry is experiencing disruptive changes in the way businesses are done worldwide. The generation of exponential data volumes in the digital universe is driven by the higher adoption of cloud services. Organizations will continue creating and consuming data on multiple devices. Some of the industry verticals such as healthcare, retail and financial services are among the most data-driven industries.

The global database as a service (DBaaS) market to grow at a CAGR of 65.49% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global database as a service (DBaaS) market for 2016-2020. To calculate the market size, we considered revenue generated from both SQL and Non SQL (NoSQL) databases.

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Technavio's report, Global Database As A Service (DBaaS) Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Amazon Web Service
- IBM
- Microsoft
- Oracle

Other prominent vendors
- Accenture
- CenturyLink
- CSC
- EMC
- Google
- HOSTING
- HP
- Rackspace
- Redcentric
- Salesforce.com
- SAP
- Tesora

Market driver
- Ease of use
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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