The global cloud database and DBaaS market size is anticipated to reach at USD 26 billion by 2025. The growing need for self-driving cloud databases within the enterprises is one of the major factors anticipated to drive industry growth. Moreover, various factors such as expenditure saving, accessibility, upgradation, faultless assimilation, and litheness are encouraging businesses to adopt cloud databases in their operations.
Companies from healthcare, baking & insurance sectors are located far off and are essentially dependent on their websites. Due to this reason, such organizations opt for cloud storage to lessen their functional expenses which thereby, improves their efficiency.
The global Cloud Database and DBaaS market is projected to reach US$ 59.5 Bn by 2032, growing at a CAGR of 14 %
.jpg "The Global Cloud Database And Dbaas Market 2022-2032 (USD Billion)")
Cloud databases are rising utilized in the non-traditional segments such as social networking, online gaming, and online music stores.
Cloud Database and DBaaS Market Scope
| Metrics | Details |
| Base Year | 2023 |
| Historic Data | 2018-2022 |
| Forecast Period | 2024-2032 |
| Study Period | 2018-2032 |
| Forecast Unit | Value (USD) |
| Revenue forecast in 2032 | US$ 59.5 Bn |
| Growth Rate | CAGR of 14 % during 2022-2032 |
| Segment Covered | By Database Type, Component, by Deployment Model, Organization Size, Vertical, Regions |
| Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
| Key Players Profiled | Rittal GmbH & Co. Kg., Schneider Electric SE, Green Revolution Cooling, Allied Control Ltd, Horizon Computing Solutions, Asetek, Google (US), Microsoft (US), AWS (US), IBM (US), Oracle (US), Alibaba Cloud (China), SAP (Germany), MongoDB (US), EnterpriseDB (US), Redis Labs (US), Tencent (China), Rackspace (US), Teradata (US), CenturyLink (US), Neo4j (US), DataStax (US), TigerGraph (US), MariaDB (US), RDX (US), and MemSQL (US) |
Key Segment Of The Database and DBaaS Market
By Database Type (USD Billion)
• Structured Query Language (SQL)
• Not only Structured Query Language (NoSQL)
By Component, (USD Billion)
• Solution
• Services
By Service, (USD Billion)
• Professional Services
• Consulting
• Implementation
• Support and Maintenance
• Managed Services
By Deployment Model, (USD Billion)
• Public Cloud
• Private Cloud
• Hybrid Cloud
By Organization Size, (USD Billion)
• Large Enterprises
• Small and Medium-sized Enterprises (SMEs)
By Organization Size, (USD Billion)
• Banking, Financial Services and Insurance (BFSI)
• Telecom and Information Technology (IT)
• Government
• Consumer Goods and Retail
• Manufacturing
• Energy and Utilities
• Media and Entertainment
• Healthcare and Life Sciences
• Others (Education, Travel and Hospitality, and Transportation)
Regional Overview, (USD Billion)
North America
• US
• Canada
Europe
• Germany
• France
• UK
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Rest of Asia Pacific
South America
• Mexico
• Brazil
• Rest of South America
Middle East and South Africa
Frequently Asked Questions (FAQ) :
The market value of cloud database and dbaaS market in 2032 was US$ 59.5 Bn
The major contenders in the global cloud database and dbaaS market Rittal GmbH & Co. Kg., Schneider Electric SE, Green Revolution Cooling, Allied Control Ltd, Horizon Computing Solutions, Asetek, Google (US), Microsoft (US), AWS (US), IBM (US), Oracle (US), Alibaba Cloud (China), SAP (Germany), MongoDB (US), EnterpriseDB (US), Redis Labs (US), Tencent (China), Rackspace (US), Teradata (US), CenturyLink (US), Neo4j (US), DataStax (US), TigerGraph (US), MariaDB (US), RDX (US), and MemSQL (US).
North America dominated the market for cloud database and dbaaS market and accounted for the largest revenue share
Cloud database and DBaaS industry is running the best market needs as they flexibly drive major factor of adoption. The databases are coherently developed to support business-specific requirements. The leading features in the market such as customization and operational efficiency are substantially driving the market for the DBaaS. According to the business requirements and budget parameters, these systems can be integrated with current infrastructure and allow IT to design high performing policies.
In addition to this, the significance of big data in the organizations and the coordination of machine learning as well as artificial intelligence technologies are also expected to boost the growth of the global cloud database and DBaaS market over the forecast period. On the other hand, security and privacy of the data stored within the databases, are some of the other factors that are anticipated to limit the development of the global cloud database and DBaaS market during the forecast period.
Database Segment
Based on the database segment, the market is bifurcated into two sub-segments that are SQL, and NoSQL. In 2019, the SQL segment gathered the highest market revenue and it is anticipated to govern the cloud database and DBaaS market throughout the forecast period. However, the NoSQL segment is anticipated to grow at a substantial growth rate over the forecast period. The major share of SQL revenue is likely to come from the North American region, since the presence of Tech companies, as well as BFSI institutions, is the highest within the region.
Deployment Segment
Based on the deployment, the market is segmented into private, and public. The market for the public is anticipated to possess the largest market share in 2019. However, the private cloud database and DBaaS is likely to grow with a significant growth rate since the enterprises today are predominantly developing to match their user needs.
.png "Global Cloud Database and DBaaS Market by Manufacturing 2018-2025 (USD Billion)")
The global cloud database and DBaaS market is a wide range to North America, Europe, APAC, South America, and the Middle East & Africa. North America is considered a mature market in the cloud database and DBaaS storage, owing to the outsized presence of an organization with the availability of technical expertise and advanced IT infrastructure. The US and Canada are the highest contributory countries to the expansion of the cloud database and DBaaS market in North America.
.png "Europe Cloud Database and DBaaS Market 2018-2025 (USD Billion)")
The major players of the global cloud database and DBaaS market are Google, Microsoft, AWS, IBM, Oracle, Alibaba Cloud, SAP, MongoDB, EnterpriseDB, Redis Labs, Tencent, Rackspace, Teradata, and more. The cloud database and DBaaS market is fragmented with the existence of well-known global and domestic players across the globe
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