Database is an organized collection of data that supports the electronic storage & manipulation of data. Database software refers as computer programs designed to store & organize huge amounts of data to make it accessible for example Microsoft Access. A wide-ranging database software program is sometimes recognized as a database management system. It exists to protect the information in database as well as ensures that it is accurate and consistent. Database software functions include data backup & recovery, data storage, data security management, data presentation & reporting, database communication and multi-user access control. Database software is categorized into six sub-types: data warehouse database software, analytical database software, distributed database software, external database software, end user database software, and operational database software.
As per study, “Database
Software Global Market Opportunities And Strategies To 2030”,
some of the significant players operating in database software market include
Teradata, iWay Software (subsidiary of
IBI), Oracle, ArangoDB, MariaDB, Table
Plus, EnterpriseOB, FileMaker Inc., SQLite, MongoDB, Tandem, Software AG, HP (Vertica
System), RavenDB, Informatica Corporation, Couch base, Mark Logic,
Microsoft, IBM, SAP, Redis, InterSystems, NCR, Pervasive Software,
Actian Corporation, Amazon, MetaMatrix (subsidiary of Red Hat). These key
players have demonstrated a variety of activities for instance research &
development (R&D), striving to bring in new products or services that can
efficiently compete the other established players.
By type, database software market is segmented as database maintenance management and database operation management. By deployment, market is segmented as on-premise deployment and cloud deployment. In addition, by end-user, market is segmented as IT & telecommunication, aerospace & defense, BFSI (Banking and Financial Services), media & entertainment, IT & telecommunications, healthcare and others.
The database software market is
driven by surge in the amount of generation of data by industries, followed by
growth in implementation of cloud computing technologies and surge in
integration of technologies counting Internet of Things (IoT) in the process.
However, rise in open source software and increase in number of laws and
barriers to entry may impact the market. Moreover, increase in
customer-interface applications in industries, including small scale
enterprises are a key opportunities for market. Furthermore, rise in use of
Hybrid Transactional & Analytical Processing Systems (HTAP) to reduce the
data processing time is a major trend for market. HTAP is an in-memory database
that allows user to store data without compromising the transactions or
analytical workloads and for performing online transaction processing &
online analytical processing without duplicating data. This aids to reduce the
data processing & data retrieval time and also assist in real-time decision
making.
Based on geography, the
North-American region holds major share in global database software market
owing to introduction of customer-interface applications in the region. The
European and Asian-Pacific regions are estimated to witness higher growth rate
due to implementation of cloud computing technologies in industries such as
small scale enterprises over the forecast period. It is projected that global
database software market will be reached at US $196,192.2 million in 2030, at a
CAGR of 9.1%.
For More Information, Click on the Link Below:-
Global
Database Software Market
Related Report:-
Database
Software Global Market Report 2020
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing &
Communications
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