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The global database management system (DBMS) industry is being aided by the growing global demand to manage data from e-commerce and high-tech industries as well as various social media platforms. North America, Western Europe, and few countries of Asia Pacific, including Australia, China, and India, are the regions with high market maturity, while Australia, South Korea, and Russia are the regions with medium market maturity. The emergence of cloud-based technology, standard formats of data, and SaaS-based DBMS are further aiding the market growth of the DBMS industry globally.
The increased popularity and adoption of cloud-based technology among consumers owing to its advanced features is making the manufacturers develop more user-friendly applications. As announced at Google Cloud Next conference in April 2020, Microsoft Corporation (NASDAQ: MSFT), a key player in the industry, will soon receive support for its SQL Server from Google’s managed database service, Cloud SQL, which will fix all the obstacles one could find when moving to the cloud, thus, providing a further boost to the industry. The growing demand to redefine data management to develop optimal ways for capturing, storing, and analysing data is leading to increased innovation in the field. In December 2020, AWS (Amazon Web Services), a key player in the industry, and Cognizant Technology Solutions Corp (NASDAQ: CTSH) extended their relationship to offer AWS Outposts to their customers, further allowing them to experience AWS native features on-premises and run modern and secure digital platforms with integrated management of a hybrid infrastructure to drive efficiencies. Such developments are expected to aid the global database management system (DBMS) industry over the forecast period.
Market Breakup by Type, Deployment Model, and Regions:
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The major players in the global database management system (DBMS) market are Oracle, Microsoft, IBM, SAP, and Amazon AWS, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
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