Worldwide Database Administration and Development Tools Software Forecast, 2024–2028
This IDC market forecast covers the database development and management tools software market for 2024–2028. It includes the forecast assumptions, analysis of factors impacting the market, and advice for technology suppliers."The market for DADT is forecast to grow to $3.6 billion by 2028, for a compound annual growth rate (CAGR) of 6.6%," says Carl Olofson, research vice president for Data Management Software Research at IDC. "When the historical year 2023 revenue is calculated in constant currency, the CAGR becomes 6.7%."
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Proliferation of Database Models, Each Requiring Support
Shrinking DBA Staffs, Resulting in the Need for More Intelligent Tools
Inhibitor
Comprehensive Cloud Database Offerings with Built-In Management Capabilities
Significant Market Developments
Changes from Prior Forecast
Market Definition
Database Administration and Development Tools
Database Administration
Database Replication
Data Modeling
Database Development and Optimization
Methodology
Historical and Forecast Market Values and Exchange Rates