Database, Storage & Backup Software Publishing

Database, Storage & Backup Software Publishing

Global Database, Storage and Backup Software Publishing Market to Reach $375.5 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Database, Storage and Backup Software Publishing estimated at US$172.3 Billion in the year 2020, is projected to reach a revised size of US$375.5 Billion by 2027, growing at a CAGR of 11.8% over the analysis period 2020-2027. Database Software, one of the segments analyzed in the report, is projected to record a 11.8% CAGR and reach US$200.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Middleware Software segment is readjusted to a revised 10.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $49.9 Billion, While China is Forecast to Grow at 11% CAGR

The Database, Storage and Backup Software Publishing market in the U.S. is estimated at US$49.9 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$64.9 Billion by the year 2027 trailing a CAGR of 11% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.6% and 10% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.4% CAGR.

Storage & Backup Software Segment to Record 13.3% CAGR

In the global Storage & Backup Software segment, USA, Canada, Japan, China and Europe will drive the 13.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$27.3 Billion in the year 2020 will reach a projected size of US$65.2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.

Select Competitors (Total 36 Featured) -

• CA Technologies, Inc.
• Dell EMC
• FalconStor Software, Inc.
• Hewlett Packard Enterprise Development LP (HPE)
• Hitachi Data Systems Corporation
• Symantec Corporation

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