Database software growth rate at 7% is increasing mainly due to the increase of data-driven businesses and e-commerce companies

Database Software Market Opportunities and Strategies – Global Forecast to 2030

The Business Research Company Database Software Market 2021 – Opportunities and Strategies – Global Forecast to 2030

LONDON, GREATER LONDON, UK, November 29, 2021 / – The global database software market is expected to grow from $ 85.37 billion in 2020 to $ 135.57 billion by 2025 , at a compound annual growth rate of 9.7%. The database software market is next expected to reach $ 189.20 billion in 2030 at a compound annual growth rate of 6.9%.

The rise of data-driven businesses and e-commerce companies will significantly boost and fuel the database software market globally.

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The database software market includes sales revenue made by entities (organizations, sole proprietorships, and partnerships) engaged in the publishing of computer software, or in the publishing and reproduction. Establishments that are engaged in writing, modifying, designing, testing, assisting with installation, providing documentation and supporting software are also included in this contract.

The Database Software market is segmented into Database Maintenance Management, Database Operations Management, BFSI, IT & Telecom, Media & Entertainment, Healthcare, Other, Cloud, On-Premises.

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The major players covered in the global database software market are Oracle, Microsoft Corporation, IBM, SAP SE, Amazon.

Database Software Market 2021 – Opportunities and Strategies – Global Forecast to 2030 is part of a series of new reports from The Business Research Company which provides an overview of the global Database Software market, size and Global database software market growth for the whole market, Database software market segments and geographies, Database software market trends, Database software market drivers , constraints, revenues, profiles and market shares of the main competitors.

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With big data gaining traction, database software vendors are focusing on products for storing and processing big data. Databases such as SQL or NoSQL are tools for storing, processing and analyzing Big Data. Efficient big data processing and storage enables organizations to gather key information and patterns from available data and help them make intelligent decisions based on it. Database software vendors are therefore investing in adding new features to enable faster and more efficient management of huge volumes of data.

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