Looking ahead, IMARC Group expects the Database Management Systems market to grow at a CAGR of around 15% during the period 2021-2026.
SHERIDAN, WYOMING, USA, Nov 14, 2021 /EINPresswire.com/ – According to IMARC Group’s latest report, titled “Database Management Systems (DBMS) Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2021-2026 “The global Database Management Systems (DBMS) market has exhibited high growth during the period 2015-2020. A Database Management System (DBMS) ) is a computer-based software solution designed to store, retrieve, define and manage information in a database. Relational, distributed, hierarchical, object-oriented and network-based systems are commonly used types of DBMS. It provides a interface between user and operating system and help reduce data redundancy, maintain data consistency, perform convenient backup, share data and improve security and protection of the ba data. It finds many applications in various industries, such as defense, healthcare, manufacturing and banking, financial services and insurance (BFSI).
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The global database management systems (DBMS) market is primarily driven by the growing need to streamline data processing and management applications in various industries. DBMS helps to efficiently manage large amounts and multiple types of data and reduce operational costs of organizations. In addition, various technological advancements, such as the integration of DBMS with deep learning and operational intelligence solutions to provide efficient knowledge processing and increased flexibility of company resources, are driving the growth of the market. . Other factors including the widespread adoption of cloud-based DBMSs as well as significant growth in the information technology (IT) industry are creating positive prospects for the market. Looking ahead, IMARC Group expects the market to grow at a CAGR of around 15% during the period 2021-2026.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously monitoring changes in the markets, as well as the industrial behaviors of consumers around the world and our estimates on the latest market trends and forecasts are made afterwards. examining the impact of this pandemic.
Competitive landscape with key players:
Embarcadero Technologies Inc. (Idera Inc.)
International Business Machines Corporation
Market segmentation :
Breakdown by type:
MacOS / iOS
Breakdown by component:
Breakdown by deployment mode:
On the site
Breakdown by organization size:
Small and medium-sized enterprises (SMEs)
Breakdown by application:
Defense and government
Oil and gas
Retail and manufacturing
Breakdown 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, others)
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Highlights of the report:
Market performance (2015-2020)
Market Outlook (2021-2026)
Market drivers and success factors
The impact of COVID-19 on the global market
Value chain analysis
Global market structure
Complete 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 part of the customization.
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