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Database Management System Market Expected To Cross USD 63 Billion By 2022: Global Forecast News

November 18, 2019 by Market-NewsFlash  

Database Management System Market, By Components (Hardware, Software), By Deployment (Cloud, On-Premises), By Type (Relational, Non-Relational), By Industries (BFSI, IT & Telecommunication, Aerospace & Defence, Retail, Media & Entertainment, Healthcare) — Forecast 2016–2022

Database Management System Market Highlights 

Database Management System is one of computer software application that interacts with the user, capture and analyzes data. Some of the factors such as improved data sharing, data security, backup and recovery, among others are driving the global market of database management systems. DBMS helps to manage data efficiently and allows users to perform multiple tasks easily such as retrieval of data, sharing and transfer. Due to increased security proliferation, organizations are upgrading their traditional data management systems and investing heavily in the field of R&D and DBMS to protect and safeguard confidential information.

The need of deployment such as Cloud-based solution showing rapid growth in recent years and is expected to be a primary driver over the forecast period due to its low cost and benefit, however, factors such as high cost of components as well as appointment of technical staff are some of the major restraints which is likely to hamper the market growth over the period of time.

Taste the market data and market information presented through more than 25 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Global Database management system Report -Forecast to 2022”.

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Database Management System Global Market — Competitive Analysis

The Market of database management system appears to be highly competitive. To maintain their market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. Major players are investing on internal R&D and, most of all, in acquiring other firms.

Database Management System Global Market — Segmentation

The Database Management System Market can be classified into 5 key segments for the convenience of the report and enhanced understanding;

Segmentation by Components: Comprises hardware and software.

Segmentation by Type: Comprises relational and non-relational.

Segmentation by Deployment: Comprises cloud and on-premise

Segmentation by Industry: Comprises BFSI, IT & Telecommunication, Aerospace & Defence, Media & Entertainment and healthcare among others.

Segmentation by Regions: Comprises Geographical regions — North America, Europe, APAC and Rest of the World.

Database Management System Global Market — Regional Analysis

North America is dominating the global database management system market with the largest market share and therefore accounting for astronomical amounts and is expected to grow over its previous growth records by 2022 due to the presence of global players which provide competitive advantage to U.S. and Canada. Growing IT industry and high deployment of cloud computing by middle and large enterprises are some of the major factor which is driving the market of database management system in North America. Europe is showing steady growth in the market of DBMS. High growth of financial sector and healthcare is leading to high adoption of on premises and on cloud database infrastructure. Asia-Pacific is expected to grow at rapid pace due to the growing manufacturing and BFSI sector in China and India. Also, players located in China and Japan are investing heavily in the development of efficient DBMS systems.

Key Players:

Oracle Corporation (U.S), Embarcadero Technologies (U.S), SAP AG (Germany), IBM Corporation (U.S), MarkLogic (U.S), Hewlett-Packard (U.S), Microsoft Corporation (U.S), Amazon Web Services (U.S.), EnterpriseDB (U.S), InterSystems (U.S), Cloudera (U.S), are some of the prominent players at the forefront of competition in the Global Database Management System Market and are profiled in MRFR Analysis.

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