Database Software
Information Technology

Global Database Software Market Overview And Prospects

Learn about the global database software market through The Business Research Company, which provides information on database software market size, database software market drivers and restraints, database software market players, the COVID-19 impact on the database software market, and more.

 

The global database software market is expected to grow from $117.87 billion in 2021 to $139.51billion in 2022 at a compound annual growth rate (CAGR) of 18.4%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The database software market is expected to reach $253.17 billion in 2026 at a CAGR of 16.1%.

 

Increase in the amount of data generated by industries in their regular operations and integration of technologies including Internet of Things (IoT) in the process are expected to benefit the forecast period

 

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The database software market consists of sales of database software which are used to develop, modify and maintain database records and files. This software enables users to store data in the form of tables, fields and columns and recover them directly and/or through programmatic access. Database software is used for several reasons ranging from compiling client lists, maintaining bookkeeping tasks to running online web site.

 

Global Database Software Market Segments Include:

By Type: Database Operation Management, Database Maintenance Management.

By End User: BFSI [Banking and Financial Services], IT & Telecommunication, Media & Entertainment, Healthcare, Aerospace & Defense, Others.

By Deployment: Cloud, On-Premise.

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global database software market, accounting for 47% of the market in 2020.

 

One of the major trends gaining traction in the database software industry is the use of hybrid transactional and analytical processing systems (HTAP) to reduce the data processing time. HTAP is an in-memory database which allows user to store data without compromising transactions or analytical workloads and to perform online transaction processing and online analytical processing without duplicating data. This helps to reduce data processing and data retrieval time and also helps in real-time decision making. HTAP performs online-analysis simultaneously with data processing.

 

TBRC’s database software market report covers:

Major Market Players: Oracle, Microsoft, IBM, SAP, Amazon, Redis, Teradata, Couch base, SQLite, MongoDB, Tandem, Mark Logic, ArangoDB, MariaDB, TablePlus, EnterpriseOB, RavenDB, NCR, Pervasive Software, FileMaker Inc., Software AG, HP (Vertica System), Informatica Corporation, InterSystems, iWay Software (subsidiary of IBI), MetaMatrix (subsidiary of Red Hat), Actian Corporation.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

 

The Database Software Global Market Report 2020-30: Covid 19 Impact And Recovery is one of a series of new reports from The Business Research Company that provides database software market overviews, analyzes and forecasts market size, share, database software market players, database software market segments and geographies, leading competitor revenues, profiles and market shares.

 

TBRC’s database software market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

 

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Interested To Know More About The Business Research Company?
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