Database Management System (DBMS) Market Size, Share, Industry, Analysis, Forecast 2022-2027
Global Database Management System (DBMS) Market to be Driven by Growing Demand for DBMS in Large Enterprises during the forecast period 2022-2027
30 NORTH GOULD STREET, WYOMING, USA, August 23, 2022 /EINPresswire.com/ — Expert Market Research’s new report titled “Global Database Management System (DBMS) Market Size Report and Forecast 2022-2027′, gives an in-depth analysis of the Global Database Management System (DBMS) Market, assessing the market based on its segments such as types, deployment models, and major regions.
The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.
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Key highlights of the report include:
Market Overview (2017-2027)
• Historical market size (2020): 63.1 billion USD
• Forecast CAGR (2021-2026): 12.4%
• Projected market size (2026): 125.6 billion USD
Growing demand for database management systems in large enterprises to actively monitor, adjust and improve databases to accelerate operational efficiency and strengthen organizational decision-making is driving the market . In addition to this, the increase in cases of fraud has led to an increase in the demand for DBMS to protect the confidential information of the organization.
During the forecast period, the increasing adoption of cloud-based data management software by small businesses is expected to contribute to the growth of the market. In terms of region, North America accounts for a large share of the market owing to the region’s advanced IT infrastructure.
Industry definition and major segments
The software system used to define, store, retrieve and manage data in a database is called database management system (DBMS). The DBMS also acts as an interface between the database and the user, allowing the user to manipulate the data. Database management system (DBMS) is a complex backup system that provides flexibility and data integrity.
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On the basis of Type, the market can be segmented into:
• Relational database
• Other RDBMS
The market has been split based on deployment model into:
• On the spot
Regional database management system (DBMS) markets include:
• North America
• Asia Pacific
• Latin America
• Middle East and Africa
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Major trends in the Database Management System (DBMS) market include increasing research and development activities by major market players aimed at expanding the information base and application processing. Technological advancements in cloud-based DBMS, which include expansion of storage and acceleration of speed of operations, are also likely to be the crucial market trends.
Growing competition among major market players, owing to the increasing expansion of small and medium-sized enterprises, is expected to encourage innovations and product launches. Furthermore, the market is expected to be positively influenced by easy availability of internet, emergence of 5G backhaul and rapid urbanization.
Main market players
Major players in the market are Oracle Corporation, SAP SE, Microsoft Corporation, IBM Corporation, and Amazon Web Services, among others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
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