August 4, 2020

Cloud Database Market | Trends, Share, Growth Rate, Opportunities And Industry Forecast 2020-2027

The Global Cloud Database Market is projected to reach a value of over USD 29.2 billion by 2027 at a CAGR of around 16.1%.

It is a database services which run, built and accessed on cloud computing platform. As well as it provides collection of information content either in structural or unstructural different platform. This platform is mostly managed by the IT department or DBaaS providers. Also, it serves most of the function as traditional database with the enhance flexibility of cloud computing. Moreover, it helps also help to reduce risks across the business mainly from the DBaaS model.

Hence, it worked on standard database solution which is implement by installation of database software on cloud infrastructure.

Cloud Database Market: Drivers & Challenges

Market Driver:

Highly Adoption of Cloud-Based Technologies

With the highly adoption for cloud-based technologies is witness to increase scalability and performance of the market in the forecast period. Also, it provides one of the most cost efficient method to maintain and upgrade its features. Whereas, the cloud infrastructure enhances the productivity and efficiency with the application accessibility. As it is easily scalable so the companies can work as per the requirements.

Hence, it benefits the organizations across every sector from financial services to healthcare to telecommunication to boost their management system and performance.

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Demand of NoSQL database-as-a-service (DBaaS)

With the demand of NoSQL database as a services will lead to fuel the growth of the market as is improve the agility in the data management and software development. Also the NoSQL database are more scalable and help to provides superior performance with easily implement a scale out architectures. It allows the data to store in the way as the data is used by the applications. Moreover, it provides flexibly which make easy for the user to adapt the data in new forms.

Hence, the high scalability as compare to the traditional relational database management system (RDBMS), will lead to enhance the market growth in the projected period.

Market Challenges:

Data Violence and Data Loss Issues

One of the major key concern of the cloud database market is the security and violence issues in the cloud based platform. As the cloud-based data are totally depend on the cloud provider for the update and maintain of software. However, the cloud database can scale exponentially which will also to increase the threat for the market growth.

Hence, in some case third party consultants is also managing the cloud deployment process, which may also lead to hamper the growth of the market in forecast period.

Cloud Database Market: Key Segments

  • Segmentation based on Components: Solution and Services.
  • Segmentation based on Deployment Type: Public Cloud, Private Cloud, Hybrid Cloud, Multi-Cloud and Community Cloud.
  • Segmentation based on Database Types: SQL Database and NoSQL Database.
  • Segmentation based on End-Use: Government, Banking, Financial Services and Insurance (BFSI), Energy and Utilities, Manufacturing, Media and Entertainment, Healthcare, Consumer Goods and Retail and Others.
  • Segmentation based on region covers: North America, Europe, Asia-Pacific, Middle East & Africa and South America with individual country-level analysis.

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Cloud Database Market: Report Scope

The report on the cloud database market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

List of the leading companies operating in the Cloud Database Market include:

  • Google (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Microsoft
  • IBM Corporation
  • Oracle
  • Amazon Web Services, Inc.
  • Alibaba Cloud
  • SAP SE
  • MongoDB, Inc.
  • EDB
  • Tencent Cloud
  • Other Key Companies
  • Redis Labs
  • DataStax
  • Teradata
  • CenturyLink

Cloud Database Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Cloud Database Market, by Component



  • Managed Services
  • Professional Services

Cloud Database Market, by Application

  • Cloud Service
  • Data Center
  • Data analytics
  • Media Storage

Cloud Database Market, by Deployment Type

  • Public Cloud
  • Private Cloud
  • Hybrid Cloud
  • Multi-Cloud
  • Community Cloud

Cloud Database Market, by Database Type

  • SQL Database
  • NoSQL Database

Cloud Database Market, by End-Use

  • Government
  • Banking, Financial Services and Insurance (BFSI)
  • Energy and Utilities
  • Manufacturing
  • Media and Entertainment
  • Healthcare
  • Consumer Goods and Retail
  • Others

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Cloud Database Market by Region

  • Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)
  • North America (US, Canada, Mexico)
  • Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)
  • Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)
  • South America (Brazil, Argentina, Rest of South America)

Key Questions Answered by The Report

  • What are the prominent developments affecting the market worldwide and its growth?
  • What will be the impact of the developments in the market on the industry and on the market players in the future?
  • What are the evolving variations of the market globally?
  • What are the evolving functions of the market globally?
  • What are the prominent aspects that will affect market growth globally during the study period?
  • Who are the key players operating in the market across the globe?
  • How are the key players leveraging in the present market scenario worldwide?

Table of Content

  6. GLOBAL CLOUD DATABASE MARKET BY COMPONENT, Market Size in USD Million (2019-2027)
  8. GLOBAL CLOUD DATABASE MARKET BY DATABASE TYPE, Market Size in USD Million (2019-2027)
  9. GLOBAL CLOUD DATABASE MARKET BY END-USE, Market Size in USD Million (2019-2027)
  10. GLOBAL CLOUD DATABASE MARKET BY REGION, Market Size in USD Million (2019-2027)

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About Forencis Research

Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their “REVENUES”.

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