Global Database Management System (DBMS) Market Report and Forecast 2023-2028

Global Database Management System (DBMS) Market Report and Forecast 2023-2028

Market Outlook

According to the report by Expert Market Research (EMR), the global database management system (DBMS) market reached a value of USD 78.8 billion in 2022. Aided by the increasing adoption of data-driven decision-making and the growing need for efficient data management solutions, the market is projected to grow at a CAGR of 12.3% between 2023 and 2028 to reach a value of USD 158.69 billion by 2028.

A database management system is a software program used to organise, store, and manage data in databases. DBMSs provide an interface between users and databases, enabling the efficient retrieval, and modification of data. Various types of DBMSs, such as relational, NoSQL, and NewSQL, cater to different data management needs, ranging from structured data storage to handling large volumes of unstructured and semi-structured data.

The global database management system (DBMS) market growth is primarily driven by the increasing adoption of data-driven decision-making across various industries. Organisations are increasingly leveraging data analytics to gain insights into customer behaviour, market trends, and operational efficiencies, necessitating efficient data management solutions. As a result, the demand for advanced DBMSs capable of handling large volumes of data, ensuring data integrity, and providing real-time data access has surged.

With growing concerns surrounding data security and privacy, organizations are prioritizing the implementation of robust security measures in their DBMS solutions. This includes features such as encryption, access control, and data masking. The demand for DBMS solutions with enhanced security features is expected to drive the market growth in the coming years.

Another factor contributing to the global database management system (DBMS) market expansion is the rapid digitalisation of businesses and the increasing volume of data generated through various channels, such as social media, IoT devices, and online transactions. As organisations grapple with the challenge of managing massive amounts of data, the need for robust and scalable DBMS solutions has intensified.

The rise of cloud computing has further fuelled the growth of the global DBMS market. Cloud-based DBMS systems are an appealing alternative for companies of all sizes due to its many advantages, including scalability, cost effectiveness, and ease of deployment. Moreover, the increasing adoption of hybrid and multi-cloud strategies has led to the development of DBMS solutions that can seamlessly integrate with various cloud platforms, further increasing the database management system (DBMS) market share.

Market Segmentation

The market can be divided based on type, deployment model, organisation size, application, and region.

Market Breakup by Type

• Relational Database
• NoSQL
• Other RDBMS

Market Breakup by Deployment Model

• On Premise
• Cloud Based

Market Breakup by Organisation Size

• Small and Medium Enterprises (SMEs)
• Large Enterprises

Market Breakup by Application

• BFSI
• Defence and Government
• Healthcare
• Oil and Gas
• Retail and Manufacturing
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global database management system (DBMS) market companies. Some of the major key players explored in the report by Expert Market Research are as follows:

• Oracle Corporation
• Microsoft Corporation
• The Postgresql Global Development Group
• MongoDB, Inc.
• Elasticsearch B.V
• IBM Corporation
• MariaDB Foundation
• Amazon Web Services, Inc.
• Splunk Inc.
• The Apache Software Foundation
• Others

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.