The global database software market is expected to grow at a rate of 16% through 2026
Global Commercial Research Company Database Software Market Report 2022: Market Size, Trends and Forecast to 2026
LONDON, GREATER LONDON, UK, June 6, 2022 /EINPresswire.com/ — According to the ‘Database Software Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the database software market is expected to reach $253.17 billion in 2026 at a CAGR of 16.1%. Increase in the amount of data generated by industries in their regular operations and integration of technologies including Internet of Things (IoT) in the process is expected to benefit the growth of the database software market during the forecast period.
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The database software market consists of the sale of database software used to develop, modify and maintain database records and files. This software allows users to store data in the form of tables, fields and columns and retrieve them directly and/or via programmatic access. Database software is used for many purposes, ranging from compiling customer lists to performing accounting tasks to managing an online website.
Global Database Software Market Trends
One of the major trends shaping the database software market outlook 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 perform online transaction processing and online analytical processing without duplicating data. This helps reduce processing and data retrieval time and also aids in real-time decision making. HTAP performs online analysis simultaneously with data processing. In May 2020, Microsoft announced Azure Synapse Link, a new business service that enables businesses to analyze their data faster and more efficiently, using an approach commonly referred to as hybrid transactional/analytical processing.
Segments of the global database software market
The global database software market is segmented:
By type: database operations management, database maintenance management
By End User: BFSI (Banking & Financial Services), IT & Telecom, Media & Entertainment, Healthcare, Aerospace & Defense, Others
By deployment: cloud, on-premises
By Geography: The global database software market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Of these regions, North America accounts for the largest share.
Learn more about the Global Database Software Market report here
The Global Database Software Market Report 2022 is part of a series of new reports from The Business Research Company that provides global database software market overviews, size and forecast analysis and forecasts. of the market growth for the global database software market, the global database software market share, the database software market segments and geographies, the database software market players , revenues, profiles and market shares of the main competitors in the database software market. The Database Software Market report identifies key countries and segments for opportunities and strategies based on market trends and key competitor approaches.
The 2022 report on the global TBRC database software market includes information on the following:
Data segmentation: market size, global, by region and country, historical and forecast, and growth rate for 60 geographies
Main market players: Oracle, Microsoft, IBM, SAP, Amazon, Redis, Teradata, Couch base, SQLite, MongoDB, Tandem, Mark Logic, ArangoDB, MariaDB, TablePlus, EnterpriseOB, RavenDB, NCR, Pervasive Software, FileMaker Inc., Software AG, HP (Vertica System), Informatica Corporation, InterSystems, iWay Software (subsidiary of IBI), MetaMatrix (subsidiary of Red Hat), Actian Corporation.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, United States, South America, Middle East and Africa.
Country: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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