Database Management Market, By Components (Hardware, Software), By Deployment (Cloud, On-Premises), By Type (Relational, Non-Relational), By Industries (BFSI, IT & Telecommunication, Aerospace & Defence, Retail, Media & Entertainment, Healthcare) — Forecast 2016–2022
The global market of database management system (DBMS) is growing at the rapid pace, mainly due to factors such as the augmented adoption of cloud computing in the small-scale enterprises, improved data sharing, data security, and minimized data integration whereas high cost of hardware and software, high cost of staff training & technical staff are some of the restrains of the market.
According to a recent study report published by the Market Research Future, The global market of database management system is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2016–2022).
DBMS has wide application area and high adoption of cloud computing among the small-scale enterprises are playing vital role in the growth of DBMS market. As the size of the digital content around the world is increasing, the need of database centers and cloud computing is expected to rise significantly. DBMS plays a key role in the IT and telecommunication industry whereas the emergence of cloud computing is also boosting the high adoption of DBMS in other industries.
The study indicates that, BFSI and healthcare sector are more vulnerable to cyber-attacks, and cloud computing is aiding these industries on a broader scale to secure and manage their confidential data. Growing industrialization in Asian countries and high adoption of technology in the business process is boosting the market.
Oracle Corporation (U.S), Embarcadero Technologies (U.S), SAP AG (Germany), IBM Corporation (U.S), MarkLogic (U.S), Hewlett-Packard (U.S), Microsoft Corporation (U.S), Amazon Web Services (U.S.), EnterpriseDB (U.S), InterSystems (U.S), Cloudera (U.S), are some of the prominent players at the forefront of competition in the Global Database Management System Market and are profiled in MRFR Analysis.
Database Management Market News
Sep 11, 2017 — SAP AG a prominent player in DBMS market has driven rebirth of relational database management system. SAP HANA is an in-memory data platform that is deployable as an on-premise appliance, or in the cloud. It is a revolutionary platform that’s best suited for performing real-time analytics and developing and deploying real-time applications. At the core of this real-time data platform is the SAP HANA database which is fundamentally different than any other database engine in the market today‘
August 28, 2016 — IBM Hybrid Data Management translates queries across vendors, languages and structures so enterprise architects can build the right foundation for their data and gain actionable insights around customer behaviour and market opportunities to grow market share, reduce costs, and deliver superior customer service.
22 June 2016- Microsoft SQL Server 2016 is a relational database management system (DBMS) for Windows platforms that can be used for building, deploying and managing applications located on premises or in the cloud. The latest version, SQL Server 2016, was released in June 2016
Database Management Market — Competitive Analysis
The Market of database management system appears to be highly competitive. To maintain their market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. Major players are investing on internal R&D and, most of all, in acquiring other firms.
Browse Full Report @ https://www.marketresearchfuture.com/reports/database-management-system-market-1972
Database Management System (DBMS) Market — Segmentation
The Database Management System Market can be classified into 5 key segments for the convenience of the report and enhanced understanding;
Segmentation by Components: Comprises hardware and software.
Segmentation by Type: Comprises relational and non-relational.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
Market Research Future
+1 646 845 9312