Looking ahead, IMARC Group expects the Database Management System (DBMS) Market to grow at a CAGR of around 15% during the period 2021-2026.
According to the latest report of the IMARC group, entitled “Database Management System (DBMS) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026“, the Global Database Management Systems (DBMS) Market Showed Strong Growth during the period 2015-2020. A database management system (DBMS) represents a software solution that securely stores and retrieves user information using specialized data processing algorithms. It includes a query process for requests, a runtime database manager for contextual access, and a database engine for basic storage and retrieval functions. With these, DBMS provides a systematic solution to manage databases through a digital interface, access them through different applications, extract meaningful information for efficient data analysis, business intelligence, decision making, etc. Thanks to this, it finds widespread applications in various industries, such as banking, financial services and insurance (BFSI), information technology (IT), telecommunications, healthcare, etc.
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Growing demand for cost-effective and flexible data management solutions across various industries is one of the major factors driving the DBMS market. Additionally, increasing adoption of relational, hierarchical, distributed, object-oriented, and network-based DBMS solutions are also catalyzing the growth of the market. These solutions support traditional and augmented transactions, as well as analytical processing using deep learning and operational intelligence. Additionally, the spread of the coronavirus disease (COVID-19) contributes to the growing need for efficient DBMSs to manage data generated by employees working from home and to enable remote access to corporate resources. Additionally, the increasing improvements in IT infrastructure will continue to support the growth of the DBMS market during the forecast period. Looking ahead, IMARC Group expects the Database Management System (DBMS) Market to grow at a CAGR of around 15% during the period 2021-2026.
Like the novel coronavirus (COVID-19[female[feminine) the crisis is taking over the world, we are constantly monitoring the changes in the markets, as well as the behaviors of the consumers of the sector in the world and our estimates on the latest market trends and forecasts are made after taking into account the impact of this pandemic.
Competitive landscape with key players:
- com inc.
- Clouder Inc.
- Embarcadero Technologies Inc. (Idera Inc.)
- International Commercial Machinery Society
- MariaDB Corporation
- MarkLogic Corporation
- Microsoft Corporation
- Oracle Corporation
- SAP SE
- Software SA.
Breakdown by type:
Breakdown by component:
Breakdown by deployment mode:
Breakdown by organization size:
- Small and medium-sized enterprises (SMEs)
- Large companies
Breakdown by application:
- defense and government
- Health care
- oil and gas
- Retail and manufacturing
Breakdown by region:
- North America (USA, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia-Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Main highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market trends
- Market drivers and success factors
- The impact of COVID-19 on the global market
- Value chain analysis
- Structure of the global market
- Complete mapping of the competitive landscape
If you need specific information that is not currently covered in the report, we will provide it to you as part of the customization.
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