Database Monitoring Software Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Database Monitoring Software Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Database Monitoring Software Market

The global database monitoring software market size was valued at USD 1.79 billion in 2022, and the market is now projected to grow from USD 2.05 billion in 2023 to USD 5.61 billion by 2030, exhibiting a CAGR of 15.5% during the forecast period (2023-2030).

The COVID 19 pandemic positively impacted the global database monitoring software market. Even after initial market fluctuations owing to premise closures, lockdown, and other governmental restrictions, most of the stats have recovered back to pre-pandemic levels. Because of the COVID 19 implications, multinational entities are now prioritizing database monitoring software along with cloud computing. All of this led to the global database monitoring software market growth.

Surge in the amount of information generated by numerous industries is the primary factor in driving the global database monitoring software market share. Industries such as BFSI, telecom, and IT are creating a massive surge in demand for the database monitoring software.

Database monitoring infrastructure is used to store and mange huge amounts of information using numerous hardware as well as software components. The shift in the landscape of database monitoring infrastructure is said to boost the database monitoring software market growth.

Comprehensive Analysis of Database Monitoring Software Market

The Database monitoring software marketplace is growing significantly due to its market segmentation. These market segmentations are further bifurcated into component analysis, deployment analysis, enterprise type analysis, end user segment, and region. Based on component analysis, software segment will give highest CAGR. As per the deployment analysis, the cloud segment captures major marketplace share. BFSI segment has the majority customer base under the user type analysis. Whereas, large enterprises segment dominates the enterprise type analysis.

Based on geographical analysis, the North American region dominates the global Database monitoring software marketplace. It held the largest share of database monitoring software market in 2022. The region’s industry is rapidly growing owing to the presence of majority of the key market operators in the area. The region also receives heavy funding which boosts its further market growth.

The key database monitoring software industry dominators are investing in their research and developments (R&D) to come up with new and improved products. The key market operators are also actively participating in mergers and acquisitions in order to expand their marketplace existence and increase their customer base. These companies include, SolarWinds Worldwide, LLC (U.S.), Heroix Corporation (U.S.), eG Innovations (U.S.), Quest Software Inc. (U.S.), VirtualMetric (Netherlands), Red Gate Software Ltd (U.K.), Sematext Group (U.S.), Nagios Enterprises, LLC (U.S.), PAESSLER AG (Germany), dbWatch AS (Norway).

In April 2023, in order to make it convenient for the entities to monitor as well as mange performance of apps that primarily relied on messaging systems, Datadog Inc. made the announcement of general availability of Data Stream Monitoring. This data stream monitoring enables users to curb and make good the delays and disruptions by way of automatically all the key health indicators on all streaming data channels.

Segmentation Table

Database Monitoring Software Market Scope

Study Period 2019-2030

Base Year 2022

Estimated Year 2023

Forecast Period 2023-2030

Historical Period 2019-2021

Growth Rate CAGR of 15.5% from 2023 to 2027

Unit Value (USD Billion)

Segmentation By Component, Deployment, Enterprise Type, End User and Region

By Component Software

Services

By Deployment Cloud

On-premises

By Enterprise Type Large Enterprises

SMEs

By End User BFSI

Healthcare

Government

IT and Telecom

Retail

Others (Airlines, Education)

By Region North America (By Component, By Deployment, By Enterprise Type, By End User, and By Country)

- U.S. (By End User)

- Canada (By End User)

- Mexico (By End User)

South America (By Component, By Deployment, By Enterprise Type, By End User, and By Country)

- Brazil (By End User)

- Argentina (By End User)

- Rest of South America

Europe (By Component, By Deployment, By Enterprise Type, By End User, and By Country)

- U.K. (By End User)

- Germany (By End User)

- France (By End User)

- Italy (By End User)

- Spain (By End User)

- Russia (By End User)

- Benelux (By End User)

- Nordics (By End User)

- Rest of Europe

Middle East & Africa (By Component, By Deployment, By Enterprise Type, By End User, and By Country)

- Turkey (By End User)

- Israel (By End User)

- GCC (By End User)

- North Africa (By End User)

- South Africa (By End User)

- Rest of Middle East & Africa

Asia Pacific (By Component, By Deployment, By Enterprise Type, By End User, and By Country)

- China (By End User)

- Japan (By End User)

- India (By End User)

- South Korea (By End User)

- ASEAN (By End User)

- Oceania (By End User)

- Rest of Asia Pacific


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