According to IMARC Group’s latest report, titled “Database Management System (DBMS) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, The global database management system (DBMS) market is expected to exhibit a growth rate (CAGR) of 12.6% during 2023-2028.
A database management system (DBMS) represents a software-based solution that securely stores and retrieves user information using specialized data handling algorithms. It includes a query process for requests, a runtime database manager for context-based access, and a database engine for core storage and retrieval functions. The database management system consists of a query process to communicate requests, a runtime database manager for context-based access, a database engine for performing core storage and retrieval functions, etc. It offers a systematic solution to manage databases via a digital interface for individuals and access them through numerous applications. The database management system is widely utilized for extracting meaningful insights for efficient data analysis, business intelligence, decision-making, etc. Consequently, it finds extensive applications across various sectors, including banking, financial services and insurance (BFSI), transportation, telecommunications, healthcare, education, automotive, etc.
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Database Management System (DBMS) Market Trends:
The growing demand for cost-effective and flexible data management solutions across diverse industries is one of the primary factors driving the DBMS market. Moreover, the escalating adoption of relational, hierarchical, distributed, object-oriented, and network-based DBMS solutions is also catalyzing the market growth. These solutions support traditional and augmented transactions, along with analytical processing using deep learning and operational intelligence. Additionally, the widespread of the coronavirus disease (COVID-19) is contributing to the rising need for efficient DBMS for managing the data generated by employees working from home and to allow remote access to enterprise resources. Furthermore, increasing improvements in the IT infrastructure will continue to bolster the DBMS market growth over the forecasted period. Apart from this, the rising integration of connected devices with the Internet of Things (IoT) and artificial intelligence (AI) and the growing improvements in the IT infrastructures are anticipated to fuel the database management system (DBMS) market over the forecasted period.
Competitive Landscape with Key Players:
- 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.
Key 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
Breakup by Region:
- 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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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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