Worldwide Database Management Systems Software Forecast, 2023–2027
This IDC study provides software revenue for the worldwide database management systems software market for 2023-2027, broken out by deployment type (public cloud versus on premises/other), geographic region, and submarket. It includes observations on factors that propel the market, forecast assumptions, and actionable advice."It is a generally accepted fact that data volumes are continuing to explode and enterprises are struggling to keep up. The only answer is higher capacity databases," said Carl Olofson, research vice president for Data Management Software Research at IDC. "An increase in database size and complexity means more database technology investment and growth, especially for those DBMSs that include database size as a subscription cost factor."
Please Note: Extended description available upon request.
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Increasing Demand for Specialized Data Management
Growing Need for Better Data Governance
Rapidly Rising Volumes of Business Data
Inhibitors
Rising Shifts from On-Premises to Public Cloud Deployments
Growth in Open Source Adoption
Significant Market Developments
Oracle MySQL HeatWave
Oracle Database JSON Relational Duality
Progress Software Acquires MarkLogic
MongoDB Announces Analytic SQL Support
Snowflake Announces Transaction Support
MariaDB Debuts SkySQL
Changes from Prior Forecast
Methodology
Historical and Forecast Market Values and Exchange Rates