The database management system (DBMS) market in 2022
A database management system (DBMS) is software that allows organizations to create, maintain, organize, and control access to data sets. DBMS is the framework through which an end user can access and execute queries in a large database. It functions as a conduit between users, programs, and data.
Database management systems are widely used in a variety of major industries, such as finance, media and entertainment, healthcare, pharmaceuticals, services, and hospitality.
In this article, we will be discussing the DBMS market as a whole, covering the growth and geographic distribution of the market along with the major market vendors offering DBMS and the features and benefits of using DBMS software.
As the world becomes more technology-driven, the DBMS industry has evolved to handle the growing data needs of social media, e-commerce, and other high-tech sectors. The recent pandemic has increased the economic reliance on the internet and data usage, driving the growth of the DBMS market.
North American, Western European and Asia-Pacific countries such as Australia, China and India were the major geographical consumers of this software. Countries with a medium-mature market include Russia and South Korea, while demand is emerging from countries such as Colombia, Austria and Slovakia.
The development of various data formats, software-as-a-service (SaaS)-based DBMSs, and the increasing use of “big data” for marketing are major growth drivers for database management systems.
Relational DBMSs, or RDBMSs, account for nearly 95% of the global market currently. Due to the prevalence of open source databases, the industry is expected to grow by 25-30% in 2022. About one in four DBMS customers run on open source databases, mostly from commercial retail, e-commerce and BFSI.
Predictions of an increasingly digital society, in which most shopping, socializing and media consumption happens online, have helped spur the use of DBMS to augment the mounds of complex, interconnected data. The growing fields of data science, data modeling and the expansion of machine learning (ML) will also play an important role in the DBMS market.
The DBMS allows the organization to retrieve and storage of vital data through defined formats and structure. DBMS can be divided into different segments relying on a variety of techniques, such as NoSQL, Hadoop, XML Database System (XDBMS), RDBMS, Object Relational Database Management (ORDBMS). Regarding deployment, DBMS software can be divided into cloud-based or on-premises servers.
DBMS software can manage data in a way that allows employees to work efficiently, whether taking calls in the office or develop a website of the House. Improved data integrity, data backup, data integration, and data security are all major benefits of using a DBMS. Minimizing data redundancy is also one of the main reasons companies work with this software.
Benefits of DBMS
DBMS software has many advantages over traditional file-based data management systems that existed before. Data integrity is one of the main advantages offered by the DBMS. Consistent and accurate data is important to organizations, along with the ability to maintain and communicate between different databases.
Data backup is also a crucial part of DBMS software. Where organizations previously had to focus on consistently backing up data at predefined intervals, the DBMS automates restore and backup. This means that in the unfortunate event of a system crash or natural disaster, data loss is less of a concern.
Data security is another major concern addressed by DBMS software. Cybersecurity is a growing threat that gets bigger every year, and the importance of protecting sensitive consumer data is paramount.
Authorized users must have easy access to databases. Still, there needs to be a significant amount of protection against data breaches, which means effective user authentication is an important aspect. Integrity constraints protect data, consumers, and businesses that depend on the use of DBMS systems.
Another benefit of DBMS software is better data integration. Due to the widespread use of DBMS software, users are now able to manage data seamlessly and communicate between different data sets. Data synchronization and data logs allow companies to better understand their own operations in order to improve them.
Data inconsistency is a common problem that is minimized by the use of DBMS. Data inconsistency between files occurs when different versions of the same data have been saved in different files. Data redundancy is minimized through the use of a DBMS, synchronizing data changes between all users.
Other benefits of using a DBMS include faster access to data which enables better decision making. Performing accurate and fast data queries can empower leaders to make the best choices for their organization, running successful marketing campaigns and making accurate revenue forecasts, for example.
DBMS Use Cases
DBMS software is widely used in different industries, depending on how organizations collect, store and organize data. Technology companies rely on this software, especially when a product or service needs to be delivered in a personalized way to hundreds of millions of customers on even more devices.
Hulu was in precisely this predicament. Their media streaming services were growing by leaps and bounds, and they needed the ability to scale without compromising the quality of experience they provided to their customers.
The company signed a contract with Apache Cassandra, which helped them create a framework to manage their inventory, create a personalized experience for each user, and allow viewers to pause and resume watching movies and programs on different devices.
Well-managed DBMS software was the solution to all these problems. At the time, Hulu was still a small company, but it was hungry for growth. Senior Software Development Manager Andres Rangel chose Cassandra because of its ability to meet their needs.
“We needed something that could scale quickly and was easy to maintain because we have a very small team,” says Rangel.
Oracle remains the most popular database management system vendor, followed by Microsoft SQL and MySQL.
IBMDB2, SolarWinds Database Performance Analyzer, Amazon RDS, Hadoop and Maria DB are also all major market leaders in DBMS.
A number of open source providers with some free features also remain competitive, such as Apache Cassandra and PostgreSQL.