A cloud database runs on a cloud computing platform, and access to the database is provided as-a-service. The database services look after the scalability and high availability of the database. Database services make the underlying software-stack transparent to the user. North America is expected to witness high market growth on account of increasing adoption of artificial intelligence and machine learning technologies among the enterprises. Besides, the surging need for advanced intelligent solutions is likely to drive the market in the Asia Pacific region.
Top Companies Covered in this Report:
- Alibaba Cloud
- Amazon Web Services, Inc.
- EnterpriseDB Corporation
- Google LLC
- IBM Corporation
- Microsoft Corporation
- MongoDB, Inc.
- Oracle Corporation
- Redis Labs, Inc.
- SAP SE
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What is the Dynamics of Cloud Database and DBaaS Market?
The cloud database and DBaaS market is anticipated to grow in the forecast period owing to driving factors such as surging need for self-driving cloud database coupled with the rapid demands to process low-latency queries. However, data security and privacy issue may impede the growth of the cloud database and DBaaS market during the forecast period. On the other hand, rise in the production of database workload and increase in the growth of the NoSQL database would create significant opportunities for the key players of the cloud database and DBaaS market in the coming years.
What is the SCOPE of Cloud Database and DBaaS Market?
The “Global Cloud Database and DBaaS Market Analysis to 2027” is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of cloud database and DBaaS market with detailed market segmentation by component, database type, organization size, industry vertical, and geography. The global cloud database and DBaaS market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cloud database and DBaaS market players and offers key trends and opportunities in the market.
What is the Segmentation of Cloud Database and DBaaS Market?
The global cloud database and DBaaS market is segmented on the basis of component, database type, organization size, and industry vertical. By component, the market is segmented as solution and services. Based on database type, the market is segmented as Structured Query Language (SQL) and Not Only Structured Query Language (NoSQL). On the basis of the organization size, the market is segmented as SMEs and large enterprises. The market on the basis of the industry vertical is classified as BFSI, IT and telecom, government, manufacturing, energy and utilities, healthcare, and others.
What is the Regional Framework of Cloud Database and DBaaS Market?
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global cloud database and DBaaS market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The cloud database and DBaaS market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
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