Cloud Database Market Research Report, by Database (SQL and NoSQL), Model (Service and Deployment), Component (Software and Service), Organization Size (Large and small enterprise), End-User (BFSI, Healthcare, and others) — Global Forecast till 2023
Market Highlights
Scalability is considered to be a desirable possession of a system as it delivers enterprises with reliable and secured database services and solutions. Scalability increase the service velocity and enhances the elasticity of database services ensuring easily deployable data to businesses. Database scalability balances out a database to ensure that it can hold a large amount of data. Furthermore, owing to data scalability the database is able to handle heavy loads of continuously increasing data traffic. Hence, scalability is expected to be one of the factors fueling the growth of the cloud database market.
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Key players
The prominent players in the cloud database market are Google Inc. (US), Amazon.com (US), Oracle (US), Microsoft (US), IBM (US), Salesforce.com Inc. (US), Rackspace Inc. (US), SAP AG (Germany), CenturyLink (US), and CSC (Computer Science Corporation) (US).
VMware Inc. (US), Verizon (US), and Dropbox (US) are among the other players in the market.
Regional Analysis
The regional analysis of cloud database market is considered for North America, Europe, Asia-Pacific, and the rest of the world.
Implementation of IoT and increasing adoption of cloud-based services in North American countries such as the US and Canada is expected to dominate the cloud database market during the assessment period. Several investments and research and developments are taking place in the US owing to the increasing need for cloud database by the IT companies. This in turn ensures an enhanced cloud infrastructure coupled with the provision of network security for the cloud database users.
Increase in the adoption of security based applications in Asia-Pacific is expected to enhance the cloud database market. Hence, Asia-Pacific is expected to be the fastest growing region in the market during the forecast period. Europe is expected to witness a significant growth in the market owing to the growing need for managed database solutions from the prominent IT companies investing in the European markets.
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Enterprises can host databases on the cloud without access to hardware.
The ability to scale business at a rapid pace using cloud is likely to lead to its adoption by businesses of all sizes.
The global Cloud Database Industry report compiled by Market Research Future (MRFR) evaluates various growth opportunities and trends amid the COVID-19 pandemic and changes in business models for the period of 2018 to 2023 (forecast period).Market ScopeThe global Cloud Database Industry is expected to reach USD 21.66 billion growing at 46.78% CAGR over the forecast period.
Complete Report Details @ https://www.marketresearchfuture.com/reports/cloud-database-market-6847SegmentationBy database, the Cloud Database Industry is divided into SQL database and NoSQL database.By model, this market is segmented into service model and deployment model.
By deployment model, the DBaaS segment can provide security to data with tight surveillance and software upgrades designed to maintain the integrity of data stored in the database.By component, the market is segmented into software and service.
By service, the market is segmented into training and consulting service, system and network integration service, and deployment and maintenance service.By organization size, the market is segmented into large enterprise and small and medium-sized enterprise.By end-user, the market is segmented into academic, BFSI, healthcare, IT and telecom, government, and others.Regional AnalysisThe regional analysis of Cloud Database Industry is considered for North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).Rapid adoption of new technology is driving the growth of the Cloud Database Industry in North America.
Cloud Database Market Research Report, by Database (SQL and NoSQL), Model (Service and Deployment), Component (Software and Service), Organization Size (Large and small enterprise), End-User (BFSI, Healthcare, and others) — Global Forecast till 2023Market HighlightsScalability is considered to be a desirable possession of a system as it delivers enterprises with reliable and secured database services and solutions.
Scalability increase the service velocity and enhances the elasticity of database services ensuring easily deployable data to businesses.
Database scalability balances out a database to ensure that it can hold a large amount of data.
Furthermore, owing to data scalability the database is able to handle heavy loads of continuously increasing data traffic.
Hence, scalability is expected to be one of the factors fueling the growth of the cloud database market.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/6847Key playersThe prominent players in the cloud database market are Google Inc. (US), Amazon.com (US), Oracle (US), Microsoft (US), IBM (US), Salesforce.com Inc. (US), Rackspace Inc. (US), SAP AG (Germany), CenturyLink (US), and CSC (Computer Science Corporation) (US).VMware Inc. (US), Verizon (US), and Dropbox (US) are among the other players in the market.Regional AnalysisThe regional analysis of cloud database market is considered for North America, Europe, Asia-Pacific, and the rest of the world.Implementation of IoT and increasing adoption of cloud-based services in North American countries such as the US and Canada is expected to dominate the cloud database market during the assessment period.
Several investments and research and developments are taking place in the US owing to the increasing need for cloud database by the IT companies.
Cloud Database Market Research Report, by Database (SQL and NoSQL), Model (Service and Deployment), Component (Software and Service), Organization Size (Large and small enterprise), End-User (BFSI, Healthcare, and others) — Global Forecast till 2023 Market ScenarioMarket Research Future anticipates the maturity of the global cloud database market in the year 2023 with a CAGR of 46.78% in conjunction with a market value of USD 21.66 billion owing to the advent of new technology such as the Internet of Things (IoT).
Growing implementation of cloud database and DBaaS results in value proposition which drives business agility, reduces costs, improves service resilience, performance guarantee and a couple of other benefits.
Value proposition is the innovation of several features and services which make the product of a company attractive to customers.
It includes the traditional and database as a service (DBaaS) environment.
Cloud database resides on a computing infrastructure platform which consists of public, private, and hybrid cloud.
Key PlayersThe prominent players in the cloud database market are Google Inc. (US), Amazon.com (US), Oracle (US), Microsoft (US), IBM (US), Salesforce.com Inc. (US), Rackspace Inc. (US), SAP AG (Germany), CenturyLink (US), and CSC (Computer Science Corporation) (US).VMware Inc. (US), Verizon (US), and Dropbox (US) are among the other players in the market.
