DUBLIN–(BUSINESS WIRE)–The “Global Database Management System (DBMS) Market Report and Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s offering.
The global database management system (DBMS) market attained a value of approximately USD 63.1 billion in 2020. Aided by the rising demand for cloud-based database management systems (DBMS), the market is projected to further grow at a CAGR of 12.4% between 2021 and 2026 to reach a value of about USD 125.6 billion by 2026.
A database management system (DBMS) is software that is designed to store, define, retrieve, manage, and manipulate data. It provides an interface between the user and the system to manage the database engine and data of an organisation. It aids in maintaining data consistency while enhancing the security and protection of the database. Database management systems (DBMSs) enables the transfer and access to data efficiently by multiple end users to minimise data inconsistency. It generates better and quality information, hence enhances the decision-making processes of organisations.
Moreover, database management systems (DBMS) are easy to use, due to which it eliminates the requirement of skilled professionals, therefore reducing the operational cost of organisations. Such advantages of database management systems (DBMSs) are increasing its demand, hence boosting the market growth.
The market for database management system (DBMS) is being aided by the increasing deployment of database management systems (DBMS) to store and manage databases efficiently in various organisations. Moreover, technologies such as artificial intelligence (AI)n are increasingly integrated to enable efficient knowledge processing and intelligent data management in database management system (DBMS).
This is also automating maintenance, update, and upgrades of data while enhancing the in-memory functionality of the system, hence bolstering the market growth. In addition, the development of database management systems with improved security is increasing their demand, which is invigorating the market growth. The trend is also surging the demand for cloud-based database management system (DBMS) as it provides encryptions aligning with advanced algorithms.
The rising adoption of cloud-based management systems can be attributed to the high availability and connectivity of data that can be accessed at any location. This trend has been accelerated during the onset of the COVID-19 crisis and is expected to continue as various organisations are switching to hybrid work and remote work models, which is anticipated to propel the market growth.
The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the key players in the industry.
Some of the major players in the market explored in the report are:
- Amazon AWS
Key Topics Covered:
1.1 Objectives of the Study
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.5 Market Models
3.1 Market Outlook
3.2 Market Scope and Segmentation
3.3 Additional Insights
4 Executive Summary
4.1 Key Market Developments
4.2 Market Analysis
4.3 Key Players
4.4 Cost Structure
4.5 Market Revenue and Growth
5 Market Dynamics
5.1 Market Driver Analysis
5.2 Market Restraint Analysis
5.3 Industry Challenges
5.4 Industry Opportunities
6 Global Database Management System (DBMS) Market Analysis
7 SWOT Analysis
8 Porter’s Five Forces Analysis
9 EMR’s Key Indicators for Demand
10 EMR’s Key Indicators for Price
11 Procurement Strategy
11.1 Sourcing Model
11.2 Key Performance Indicators
11.3 Service-Level Agreements
12 Cost Analysis
12.1 Hardware Cost
12.2 Software Cost
12.3 Implementation Cost
12.4 Training Cost
12.5 Support and Maintenance Cost
13 Competitive Landscape & Supplier Analysis
13.5 Amazon AWS
14 Industry Events and Developments
For more information about this report visit https://www.researchandmarkets.com/r/tlmm28
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