According to the latest report of the IMARC group, entitled “Database Management System (DBMS) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global market is expected to grow at a CAGR of 12.8% during the period 2022-2027. Database Management System (DBMS) refers to a software solution used to store and retrieve user data with enhanced security. It works using specialized data processing algorithms to store interrelated data in the form of reports, tables, diagrams, etc. basic storage. It provides a systematic solution to manage databases through a digital interface for users. DBMS is widely used to extract meaningful information for effective data analysis, business intelligence and decision making. Additionally, DBMS is commonly used in various industries including information technology (IT), banking, financial services and insurance (BFSI), transportation, telecommunications, healthcare, education, etc
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Growing demand for flexible and cost-effective data management solutions is one of the major factors driving the DBMS market. Furthermore, increasing adoption of relational, distributed, hierarchical, object-oriented, and network-based DBMS solutions are also propelling the growth of the market. In addition to this, the growing need for efficient DBMSs to manage employee generated data and provide remote access to corporate resources owing to the sudden outbreak of COVID-19 is further increasing the global market. Additionally, the growing integration of DBMS with Internet of Things (IoT) and Artificial Intelligence (AI) coupled with the numerous improvements in IT infrastructure is expected to propel the DBMS market in the coming years. Looking ahead, IMARC Group expects the global market to continue its robust growth over the forecast period (2022-2027).
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As the novel coronavirus (COVID-19) crisis engulfs the world, we continuously monitor changes in markets, as well as consumer behaviors in the industry around the world and our estimates on the latest market trends and forecasts are made. after considering the impact of this pandemic.
Competitive landscape with key players:
- com inc.
- Clouder Inc.
- Embarcadero Technologies Inc. (Idera Inc.)
- International Commercial Machinery Society
- MariaDB Corporation
- MarkLogic Corporation
- Microsoft Corporation
- Oracle Corporation
- SAP SE
- Software SA.
Market segmentation :
Breakdown by type:
Breakdown by component:
Breakdown by deployment mode:
Breakdown by organization size:
- Small and medium-sized enterprises (SMEs)
- Large companies
Breakdown by application:
- defense and government
- Health care
- oil and gas
- Retail and manufacturing
Breakdown by region:
- North America (USA, 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, Others)
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Main highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market trends
- Market drivers and success factors
- Impact of COVID-19
- Value chain analysis
- Complete mapping of the competitive landscape
If you need specific information that is not currently covered in the report, we will provide it to you as part of the customization.
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