DBMS Market Overview
The global market of database management system (DBMS) is growing at the rapid pace, mainly due to factors such as the augmented adoption of cloud computing in the small-scale enterprises, improved data sharing, data security, and minimized data integration whereas high cost of hardware and software, high cost of staff training & technical staff are some of the restrains of the market. According to a recent study report published by the Market Research Future, The global market of database management system is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2016 – 2022).
DBMS has wide application area and high adoption of cloud computing among the small-scale enterprises are playing vital role in the growth of DBMS Market. As the size of the digital content around the world is increasing, the need of database centers and cloud computing is expected to rise significantly. DBMS plays a key role in the IT and telecommunication industry whereas the emergence of cloud computing is also boosting the high adoption of DBMS in other industries.
The study indicates that, BFSI and healthcare sector are more vulnerable to cyber-attacks, and cloud computing is aiding these industries on a broader scale to secure and manage their confidential data. Growing industrialization in Asian countries and high adoption of technology in the business process is boosting the market.
DBMS Market 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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Industry News
Sep 11, 2017 – SAP AG a prominent player in DBMS market has driven rebirth of relational database management system. SAP HANA is an in-memory data platform that is deployable as an on-premise appliance, or in the cloud. It is a revolutionary platform that’s best suited for performing real-time analytics and developing and deploying real-time applications. At the core of this real-time data platform is the SAP HANA database which is fundamentally different than any other database engine in the market today‘
August 28, 2016 – IBM Hybrid Data Management translates queries across vendors, languages and structures so enterprise architects can build the right foundation for their data and gain actionable insights around customer behaviour and market opportunities to grow market share, reduce costs, and deliver superior customer service.
22 June 2016– Microsoft SQL Server 2016 is a relational database management system (DBMS) for Windows platforms that can be used for building, deploying and managing applications located on premises or in the cloud. The latest version, SQL Server 2016, was released in June 2016.
Oct. 24, 2017– Amazon Web Services, Inc. (AWS), an Amazon.com company announced general availability for Amazon Aurora with PostgreSQL compatibility. Amazon Aurora is a cloud-optimized relational database that combines the speed and availability of high-end commercial databases with the simplicity and cost-effectiveness of open source databases. Now, customers who use PostgreSQL databases can get up to several times better performance with scalability, durability, availability, and security as good as or better than commercial databases—all at one-tenth the cost.
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.
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DBMS Market Segmentation
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.
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