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Thursday, June 24, 2021

Global Data Base Management System (DBMS) Market to be Driven by Extensive Use of Data in Enterprises in the Forecast Period of 2021-2026

 The new report by Expert Market Research titled, ‘Global Data Base Management System (DBMS) Market Report and Forecast 2021-2026’, gives in-depth analysis of the global data base management system (DBMS) market, assessing the market based on its segments like type, deployment model, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.

Request a free sample copy in PDF or view the report summary :

The key highlights of the report include:

Market Overview (2016-2026): –

  • Historical Market Size (2020): USD 58.4 Billion
  • Forecast CAGR (2021-2026): 81%
  • Forecast Market Size (2026): USD 126.9 Billion

Because of the widespread use of computers, the global database management system (DBMS) market is expected to expand over the forecast period. The widespread use of data in businesses is expected to increase the need for streamlining data collection and management across various departments. Over the forecast period, the demand for data management solutions is expected to increase due to the emergence of novel data formats that have emerged from connected devices such as smart devices data.

Industry Definition and Major Segments

The database management system (DBMS) is a product that allows data to be stored and organised using predefined formats and structures. The database management system (DBMS) is well-known for both its basic structures and its application. Object-Relational Database Management System (ORDBMS), Relational Database Management System (RDBMS), XML Database Management System (XDBMS), Hadoop, and NoSQL are some of the DBMS technologies accessible.

Explore the full report with the table of contents :

Based on type, the database management system (DBMS) industry can be segmented into:

  • Relational Database
  • NoSQL
  • Others RDBMS

On the basis of deployment model, it can be bifurcated into:

  • On Premise
  • SaaS

Based on region, the market is segmented into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Market Trends

The database management system market is expected to expand in response to the growing ubiquitous climate. Enterprises who want to achieve a better understanding of their market should invest in data assets, data management resources, and tools that improve operational performance. Controlling data redundancy, sharing, accuracy, integrity, and integration are all advantages of database management. Better database management results in higher-quality information, which enhances decision-making and end-user productivity. Database management systems (DBMS) offer a mechanism for enforcing security and privacy policies. Vendors can gain an advantage over other competitors in the competitive environment as a result of technological advancements. Over the forecast period, end-users could prefer a new database management solution that offers greater flexibility and faster performance at a lower cost. In order to drive market value, the current product should also associate core operating data with big data. Because of its scalability and cost effectiveness, cloud-based solutions are projected to be a big driver over the forecast era. Small and medium-sized businesses are likely to adopt these solutions. The availability of open source solutions could limit growth in the coming years. Over the forecast era, Asia Pacific and North America are expected to be the most important regional DBMS markets. In Asia Pacific, demand for cloud-based DBMS, also known as database as a service, is expected to grow

Key Market Players

The major players in the market are Oracle, Microsoft, IBM, SAP, Amazon AWS, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

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Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.


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