The global Database Management System (DBMS) market reached a value of about USD 70.36 billion in 2021. The industry is projected to grow at a CAGR of around 12.4% in the forecast period of 2022-2027 to reach a value of about USD 141.17 billion by 2027.
The global Database Management System (DBMS) industry report comprehensively analyses the industry, including key segments, trends, drivers, restraints, the competitive landscape, and other essential market aspects. The increasing application of data in organisations is expected to increase the demand for simplifying data processing and administration across many departments. In the industry report, the critical demand indicator is the highest category spender by region—North America.
Database Management Systems (DBMS) is essentially a computerised program that stores, retrieves, and executes data queries. It is a software package for defining, manipulating, retrieving, and managing databases. It operates data, format, field names, record structure, and file structure. It also lays forth the rules for validating and manipulating the data. The data structures or kinds of Database Management Systems (DBMSs) are classified. The system improves data organisation by using a database schema design approach called normalisation, which separates a large table into smaller tables. DBMS provide several advantages over standard file systems, including greater flexibility and a more complicated backup scheme. The Database Management Systems (DBMS) industry report comprises segments by type (Relational Database, NoSQL, Others RDBMS), deployment (On-Premises, Cloud-based) and region (North America, Europe, Asia Pacific, the Middle East, and Africa, and South America).
North America, Western Europe, and a few nations in the Asia Pacific, such as Australia, China, and India, hold a significant share in the market. The focus is shifting to Cloud DBMS in growing areas such as the Asia Pacific and Latin America, helping the database management system (DBMS) sector thrive. Australia, South Korea, and Russia have a medium market maturity, whereas Colombia, Japan, Austria, and Slovakia have a low market maturity. Data inconsistency is a common problem that may be solved using a database management system (DBMS). By coordinating data updates among all users driving the market's development, a database management system (DBMS) lowers data redundancy. Corporate and external data, which consists of unstructured data generated by new applications such as medical, energy and geophysical, entertainment, social media, and so on, are the critical contributors to expanding data, giving the DBMS industry a boost. Cloud-based database management systems (DBMS) are also becoming more popular since they provide encryptions aligned with advanced algorithms. The massive generation of data in airlines and railroads is expected to enhance the adoption of DBMS systems. Furthermore, the development of database management systems with increased security increases demand, resulting in market expansion.
However, data complexity, broken keys and records, developer skill, and hardware performance may hinder the market growth.
The global Database Management Systems (DBMS) industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by primary global Database Management Systems (DBMS) regions across the globe, such as engagement models, contract terms, and buyer and supplier negotiation levers, among others.
Following a database design for an application, the database must be built. In most cases, a suitable general-purpose DBMS may be chosen for this purpose. A database management system (DBMS) offers the necessary user interfaces for database managers to define the required application's data structures inside the DBMS's data model. Other user interfaces are used to choose the DBMS settings that are required (like security related, storage allocation parameters, etc.) Before making the database operational, it is often loaded with initial application data (database initialisation, which is typically a separate project; in many instances employing specific DBMS interfaces that facilitate bulk entry). In some situations, the database may become active while devoid of application data, and data is accumulated throughout the operation. The database must be maintained once it has been established, set up, and populated. Various database parameters may need to be changed, and the database may need to be tuned (tuning) for better performance; application data structures may need to be changed or added, and new related application programmes may need to be written to expand the application's functionality, among other things.
The rising need to handle vast volumes of data created every day to acquire vital insights in retail and telecom may increase demand for database management solutions throughout the forecast period. Furthermore, database management systems (DBMS) are simple to use, saving operational expenses by reducing the requirement for skilled employees. To manage escalating data needs for business-critical applications, organisations are gradually embracing Hadoop corporate data management and NoSQL, and these technologies are becoming mainstream. Small and midsize organisations profit from SaaS solutions (SaaS-based DBMS), which reduce costs and give a rapid return on investment (RoI), thereby boosting the DBMS market. Furthermore, artificial intelligence (AI)n is rapidly being incorporated into database management systems to enable efficient knowledge processing and intelligent data management (DBMS).
The regional markets for the industry can be divided into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.
North America is a substantial market for the worldwide database management system (DBMS) industry, with a high level of maturity among service providers and an increased market absorption rate. Due to a surge in unstructured data from e-commerce and social media, new database entrants such as NoSQL and In-Memory databases have emerged, accelerating the market expansion for DBMS. Due to a rise in data, on-premises DBMS solutions are upgraded to SaaS, a cost-effective alternative. Data from e-commerce, social networking, and CRM systems is unstructured, and traditional relational databases cannot deal with it. As a result, new types of databases, such as NoSQL and In-memory databases, are becoming more popular than classic RDBMS due to their superior ability to handle unstructured data. These changes are enhancing the database management system (DBMS) business.
1. Executive Summary
2. Global Database Management System (DBMS) Market Snapshot
2.1. Database Management System (DBMS) Market Outlook
2.2. Regional Overview
2.2.1. North America
2.2.3. Asia Pacific
3. Impact of Recent Events
4. Database Management System (DBMS) Value Chain Analysis
5. Trade Analysis
6. Major Risk Factors in Sourcing
7. Key Demand Indicator Analysis
8. Key Price Indicator Analysis
9. Database Management System (DBMS) Market Dynamics
9.1. Drivers & Constraints
9.2. Industry Events
9.3. Innovations & Trends
9.4. SWOT Analysis
9.5. Porter’s Five Forces
9.5.1. Buyer Power
9.5.2. Supplier Power
9.5.3. Threat of New entrants
9.5.4. Threat of Substitutes
9.5.5. Industry Rivalry
10. Industry Best Practices
10.1. Sourcing Strategy
10.2. Procurement Model
10.3. Contract Structure
10.4. Negotiation Levers
10.5. Pricing Model
10.6. Key Factors Influencing the Quotation
11. Key Supplier Analysis
11.1. Oracle Corporation
11.2. Microsoft Corporation
11.3. SAP SE
11.4. IBM Corporation
11.5. Amazon Web Services Inc.
The global Database Management System (DBMS) market size was valued at USD 70.36 billion in 2021.
As per the type provided, the Relational Database segment is anticipated to lead the market between the period 2022 - 2027.
The significant demand for simplifying data processing and administration across many departments is one of the essential drivers of market growth.
Oracle, Microsoft, IBM, SAP, Amazon AWS among others are the leading companies in the market.
The North American region of the Database Management System (DBMS) industry holds the major share in the market.
The global Database Management System (DBMS) market attained a value of USD 70.36 billion in 2021, driven by the rising prevalence of Data inconsistency. The technology reduces data redundancy by coordinating data updates across all users, driving the development of the market. Cloud-based database management systems (DBMS) are increasingly gaining popularity since they offer powerful algorithms-aligned encryption. They are aided by the growing technological advancements like Hadoop corporate data management and NoSQL to address rising data demands for business-critical applications, SaaS solutions and artificial intelligence (AI); the market is expected to witness further growth in the forecast period of 2022-2027, growing at a CAGR of 12.4%. The market is projected to reach USD 141.17 billion by 2027.
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