Database Managed Services

Some of the factors such as improved data sharing, data security, backup and recovery, among others are driving the global market of database management systems.

Due to increased security proliferation, organizations are upgrading their traditional data management systems and investing heavily in the field of R and DBMS to protect and safeguard confidential information.The need of deployment such as Cloud-based solution showing rapid growth in recent years and is expected to be a primary driver over the forecast period due to its low cost and benefit, however, factors such as high cost of components as well as appointment of technical staff are some of the major restraints which is likely to hamper the market growth over the period of time.Key PlayersSome other players in this market are MariaDB Corporation, Teradata among others.Commenting on the report, an analyst from Market Research Future (MRFR)’s team said:DBMS is being adopted globally with very rapid pace.

Growing industrialization and high cost incurring in process of maintaining a self-database systems by companies are some of the important factor which is supporting the high adoption of on cloud DBMS.

Industries such as BFSI, IT and Healthcare which deals with confidential soft data and digital content in very high amount are playing major role in the growth of this market.

The Database Management System enables a large amount of users to access the data and makes it ideal for accessibility in any organization.

Emerging database technologies such as column based database software, NoSQL database, and database as a service platforms are some of the major trends which is expected to lead the market.The Database Management System is expected to grow at CAGR of ~8% between the years 2016 to 2022 and estimated to reach at market size of ~$63 billion by end of year 2022.The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.

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Personalized and strategically driven commercials and higher conversion rates and innovative capabilities of data management platforms propel the global data management platform market.

These factors have helped shape the data management platform market and are expected to boost the growth.

Companies in the data management platform market could also face challenges such as lack of availability of specific data and lack of infrastructure to support high-scale software solutions.

Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/4573 Competitive Outlook:The data management platform market is supported by growth in technological advancements.

The report covers all such details which will help companies in the data management platform market to strengthen their business plan and improve their product portfolio.

The data management platform market research report also provides company profiles of major companies.

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Database Management System MarketThe sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Database Management System Market.

The growth sectors of the Database Management System Market are identified with precision for a better growth perspective.Database Management System is one of computer software application that interacts with the user, capture and analyzes data.

Some of the factors such as improved data sharing, data security, backup and recovery, among others are driving the global market of database management systems.

DBMS helps to manage data efficiently and allows users to perform multiple tasks easily such as retrieval of data, sharing and transfer.

Due to increased security proliferation, organizations are upgrading their traditional data management systems and investing heavily in the field of R and DBMS to protect and safeguard confidential information.The need of deployment such as Cloud-based solution showing rapid growth in recent years and is expected to be a primary driver over the forecast period due to its low cost and benefit, however, factors such as high cost of components as well as appointment of technical staff are some of the major restraints which is likely to hamper the market growth over the period of time.The prominent players in the Database Management System 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 WebServices (Washington), EnterpriseDB (U.S), InterSystems (U.S), Cloudera (U.S), among others.Some other players in this market are- MariaDB Corporation, Teradata among others.Market Research Analysis: Market Research Future analysis show that the global market of database management system is estimated to reach at US ~$63 billion by the end of forecasted period.

Growing industrialization in Asian countries and high adoption of technology in the business process are pushing the market.

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