Database Management System Market Outlook 2031
The global database management system market size was USD 63.40 Billion in 2022 and is expected to reach USD 173.01 Billion by 2031 expand at significant CAGR 11.8% during the forecast period, 2023–2031. The growth of the market is attributed to substantial use of data in concurrency to deliver across diverse sectors.
A database management system (DBMS) is system software that allows end-users to read and delete data in a database. The database management system provides several types of operations to improve the performance and productivity.
Database Management System Market Trends, Drivers, Restraints, and Opportunities
- Increasing omnipresent environment is anticipated to spur the market growth.
- Rising requirement of tools that improve operational efficiency and provide deep insight about the company is driving the growth of the market.
- Growing emergence of novel data is projected surge the demand for data management solution in the coming years.
- Expanding requirement for management of large amount data in telecom and retail can drive the demand for database management solution.
Scope of The Database Management System Market Report
The report on the global database management system market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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Database Management System Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Industries (Relational and Non-relational), Software (Application Builder, Backup and Recovery, Database Encryption, Data Scaling, and Replication), and End-Users (Banking & Financial, Government, Hospitality, Healthcare and Life Sciences, Education, Media & Entertainment, Professional Services, and Telecom& IT), and Systems (Cloud-based and On-premises)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Teradata; Couchbase Server; Embarcadero Technologies; EnterpriseDB Software Solution; CA Technologies MongoDB; Actian Corporation; HP (Vertica System); Informatica Corporation; Oracle Inc., InterSystems; IBM Inc.; BMC Software; iWay Software (subsidiary of IBI); and MetaMatrix (subsidiary of Red Hat)
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Database Management System Market Segment Insights
Relational segment is expected to grow at a rapid pace
Based on industries, the global database management system market is bifurcated into relational and non-relational. The relational segment is expected to grow at a rapid pace during the forecast period. However, the non-relational segment is anticipated to hold a key share of the market in the coming years due to increasing processing of large amount of data and ability to store of formless data.
Application builder segment is projected to expand at a considerable CAGR
On the basis of software, the market is segregated into application builder, backup and recovery, database encryption, data scaling, and replication. The application builder segment is projected to expand at a considerable CAGR during the forecast period. Lower time to market (TTM) is one of the prominent type of android development.
On the other hand, the database encryption segment is anticipated to account for a major market share during the forecast period as it allows to send and receive data safely, devices, and guarantee absolute integrity.
Banking & financial segment is projected to expand at a considerable CAGR
On the basis of end-users, the market is segregated into banking & financial, government, hospitality, healthcare and life sciences, education, media & entertainment, professional service, telecom& IT. The banking & financial segment is projected to expand at a considerable CAGR during the forecast period.
Conversely, the government segment is anticipated to account for a major market share due to rising number of government agencies using data management system to protect confidential data.
Cloud-based segment is expected to grow at a rapid pace
Based on systems, the global database management system market is bifurcated into cloud-based and on-premises. The cloud-based segment is expected to exhibit a high CAGR during the forecast period owing to rising Internet penetration. However, the on-premises segment is anticipated to hold a key share of the market in the coming years due to rising privacy concerns.
North America is anticipated to constitute a key market share
In terms of regions, the global database management system market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in Asia Pacific is expected to constitute a key share of the market during the projected period. Database as a service or Cloud based DBMS is anticipated to drive the demand in Asia Pacific.
Segments
The global database management system market has been segmented on the basis of
Industries
- Relational
- Non-relational
Software
- Application builder
- Backup and recovery
- Database encryption
- Data scaling
- Replication
End-Users
- Banking & financial
- Government
- Hospitality
- Healthcare and life sciences
- Education
- Media & entertainment
- Professional service
- Telecom& IT
Systems
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Teradata.
- Couchbase Server.
- Embarcadero Technologies.
- EnterpriseDB Software Solution.
- CA Technologies MongoDB
- Actian Corporation.
- HP (Vertica System).
- Informatica Corporation.
- Oracle Inc.
- InterSystems.
- IBM Inc.
- BMC Software.
- iWay Software (subsidiary of IBI).
- MetaMatrix (subsidiary of Red Hat).
Competitive Landscape
Key players competing in the global database management system market are Teradata; Couchbase Server; Embarcadero Technologies; EnterpriseDB Software Solution; CA Technologies MongoDB; Actian Corporation; HP (Vertica System); Informatica Corporation; Oracle Inc., InterSystems; IBM Inc.; BMC Software; iWay Software (subsidiary of IBI); and MetaMatrix (subsidiary of Red Hat).
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