Global Database Software Market Outlook to 2030 – Market Expected to Reach $ 99.36 Billion by 2022 – ResearchAndMarkets.com

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The global database software market was valued at around $ 67.52 billion in 2018 and is expected to grow to $ 99.36 billion at a CAGR of 10.1% through 2022. The major players in the market are Oracle , Microsoft, IBM, SAP and Amazon.

The increase in the amount of data generated by industries in their regular operations and the integration of technologies including the Internet of Things (IoT) into the process is expected to benefit the forecast period as it becomes increasingly no longer need to use database software to manage large amounts of data with confidentiality, integrity and availability. In addition, the introduction of customer interface applications and the implementation of cloud computing technologies in industries, including small businesses, have also increased the demand for database software. For example, companies like Coca-Cola have invested in FileMaker, custom database software to manage its large amount of data more efficiently. Using FileMaker allows managers to analyze reports to gain insight into what is happening across the organization in real time.

Growing number of laws is expected to limit the growth of companies in the Database Software market during the forecast period. The laws include the Intellectual Property Law (IPR) regime which restricts the expansion of software companies from developing countries that expand overseas and the Law for Software Development in a number of countries no. ‘authorizes the commercial distribution of any open source software (OSS). The industry is also required to comply with new changes to the EU’s GDPR (General Data Protection Regulation) law, which has been in effect since May 25, 2018. For example, approximately 60% of tech companies are not ready to comply with EU GDPR according to a recent study because it restricts innovation in their products.

One of the major trends gaining ground in the database software industry is the use of hybrid transactional and analytical processing (HTAP) systems to reduce data processing time. HTAP is an in-memory database that allows the 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 reduce data processing and retrieval time and also helps in real-time decision making. HTAP performs online analysis simultaneously with data processing. In 2016, IBM released IBM DB2 12, a HTAP platform with in-memory capabilities that accelerates real-time analytical processing 100 times over previous versions.

The EU’s General Data Protection Regulation (GDPR) breaks the split in regulations for transaction security in the European Union (EU). GDPR is a regulation that obliges businesses to protect the personal data and privacy of EU citizens for transactions that take place in EU member states. This regulation entered into force in May 2018. The regulation requires the implementation of data protection practices and any violation in this context could be fined up to 20 million (1.1217 US dollars), or 4% of annual worldwide turnover. Patent laws are applicable to database software in order to enable companies to effectively protect and exploit the commercial value of their innovations. For example, regulations related to the protection of software innovations through patent rights compiled IBM to apply for a patent for a database management system using database chain technology. blocks.

In January 2019, Microsoft acquired Citus Data for an undisclosed amount. The acquisition of Citus is expected to enhance and evolve Microsoft’s capabilities in high performance PostgreSQL databases. It also helps improve the scale of performance for application developers, as Citus is an open source extension to PostgreSQL that modifies PostgreSQL to a distributed database. Citus Data is a developer and distributor of database products. It focuses on open source PostgreSQL and on improving business performance by providing a scalable horizontal database. Citus Data was established in 2010 and is headquartered in San Francisco, California, United States.

Key topics covered

1. Summary

2. Features of the Database Software Market

3. Database Software Market Size and Growth

3.1. Global historical database software market, 2015 – 2019, billion dollars

3.1.1. Market drivers

3.1.2. Market constraints

3.2. Global Database Software Forecast Market, 2019-2022F, 2025F, 2030F, in USD Billion

3.2.1. Market drivers

3.2.2. Market constraints

4. Database software market segmentation

4.1. Global Database Software Market, Segmentation by Type, History and Forecast, 2015-2019, 2022F, 2025F, 2030F, in USD Billion

  • Managing database operations

  • Database maintenance management

4.2. Global Database Software Market, Segmentation by End User, History and Forecast, 2015-2019, 2022F, 2025F, 2030F, in USD Billion

  • BFSI [Banking & Financial Services]

  • IT & Telecommunications

  • Media and entertainment

  • Health care

  • Aeronautics & Defense

  • Others

4.3. Global Database Software Market, Segmentation by Deployment, History and Forecast, 2015-2019, 2022F, 2025F, 2030F, in USD Billion

5. Regional and Country Analysis of the Database Software Market

5.1. Global Database Software Market, Divided by Region, Historical and Forecast, 2015-2019, 2022F, 2025F, 2030F, in USD Billion

5.2. Global Database Software Market, Divided by Country, Historical and Forecast, 2015-2019, 2022F, 2025F, 2030F, in USD Billion

Companies mentioned

  • Actian Society

  • Amazon

  • ArangoDB

  • Sofa base

  • CompanyOB

  • FileMaker Inc.

  • HP (Vertica System)

  • IBM

  • Informatica Company

  • InterSystems

  • iWay Software (IBI subsidiary)

  • MariaDB

  • Mark logic

  • MetaMatrix (subsidiary of Red Hat)

  • Microsoft

  • MongoDB

  • RCN

  • Oracle

  • Ubiquitous software

  • RavenDB

  • Redis

  • SAP

  • Software AG

  • SQLite

  • TableMore

  • Tandem

  • Teradata

For more information on this report, visit https://www.researchandmarkets.com/r/58ayiy

Maria H. Underwood