IMARC Group, a leading market research company, has recently releases report titled “Database Management System (DBMS) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global database management system market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How Big is the Database Management System Market?
The global database management system (DBMS) market is expected to exhibit a growth rate (CAGR) of 12.6% during 2023-2028.
What is Database Management System?
A database management system (DBMS) represents a software-based solution utilized to securely store and retrieve user data. It employs specialized algorithms for data handling, organizing inter-connected data in the form of tables, schemas, and reports. The DBMS comprises a query process for communication, a runtime database manager for contextual access, and a database engine for core storage and retrieval functions. Through a digital interface, it provides a systematic solution for users to manage databases and access them via several applications. DBMS plays a significant role in extracting meaningful insights for efficient data analysis, business intelligence, and decision-making. Consequently, it finds extensive utilization across numerous sectors, such as information technology (IT), banking, financial services and insurance (BFSI), transportation, telecommunications, healthcare, education, automotive, etc.
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What are the Growth Prospects and Trends in the Database Management System Market?
The database management system (DBMS) market is primarily driven by the rising need for flexible and cost-effective data management solutions in multiple industries, offering enhanced functionalities, including automated backup, data redundancy control, security, and privacy. Additionally, the elevating adoption of various types of DBMS systems, such as relational, distributed, hierarchical, object-oriented, and network-based systems, which support both traditional and augmented transactions and analytical processing through the usage of deep learning and operational intelligence solutions, is further propelling the market growth. Moreover, the emerging trend of work-from-home following the COVID-19 pandemic, leading to the generation of large volumes of data by remote employees and the escalating integration of connected devices with artificial intelligence (AI) and internet-of-things (IoT) are expected to bolster the database management system (DBMS) market over the forecasted period.
Who are the Key Players Operating in the Database Management System Industry?
The competitive landscape of the industry has also been examined along with the profiles of the key players.
- Amazon.com Inc.
- Cloudera Inc.
- Embarcadero Technologies Inc. (Idera Inc.)
- EnterpriseDB
- International Business Machines Corporation
- MariaDB Corporation
- MarkLogic Corporation
- Microsoft Corporation
- Oracle Corporation
- SAP SE
- Software AG.
What is Included in Market Segmentation?
The report has categorized the market based on type, database type, deployment mode, organization size and application.
Breakup by Type:
- Linux
- MacOS/iOS
- Windows
Breakup by Component:
- Hardware
- Software
Breakup by Deployment Mode:
- Cloud-based
- On-premises
Breakup by Organization Size:
- Small and Medium Enterprises (SMEs)
- Large Enterprises
Breakup by Application:
- BFSI
- Defense and Government
- Healthcare
- Oil and Gas
- Retail and Manufacturing
- Others
Regional Analysis:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)
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Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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