Market Overview Of The Database as a Service Market
The Global Database as a Service Market size was valued at USD 16.66 Billion in 2021 and is projected to reach USD 50.24 Billion by 2028, growing at a CAGR of 17.08 % from 2022 to 2028.
Users of database-as-a-service (DBaaS), a cloud computing service, can access cloud database systems without using an on-premises database management system. A cloud service provider handles everything, including backups and recurring upgrades, to guarantee that the database system is always accessible and safe. The process of setting, monitoring, and managing databases is made simpler by DBaaS's integrated management capabilities, such as logging, key management, and activity tracking utilities. Additionally, it supports risk management, consumer-focused marketing, and cost-savings for setting up, deploying, and maintaining database hardware and software. As a result, DBaaS is becoming more and more popular among small and medium-sized businesses (SMEs) all over the world. One of the main drivers of market growth is the rising sales of smartphones, which coincide with the rising demand for mobile apps.
Market Dynamics And Factors Of The Database as a Service Market
Drivers:
- Growing Demand For Large Storage Space And Need For Self-Driving Cloud Databases
Restraints:
- Rising Cyber-Attacks That Led To Privacy And Security Concerns
Opportunities:
- Test On-Site And Cloud-Based Solutions To Minimize The Initial Capital Costs Of IT Infrastructure, Which Is Anticipated To Generate Plenty Of Growth Opportunities
Challenges:
- High Initial Investment
Regional Analysis In The Database as a Service Market
The market for databases as a service is anticipated to be dominated by the North American region, which is anticipated to hold the largest market share throughout the forecast period. The dominance of the United States and Canada in the DBaaS market is attributable to factors like the widespread usage of DBaaS for industrial purposes with cutting-edge database technology like Microsoft SQL Server, MongoDB, and Elasticsearch. Additionally, the market expansion in this region is boosted by the rising innovation in database as a service by regional players like Microsoft, AWS, and Oracle Corporation. For instance, Microsoft announced the private preview of SQL Server 2022, their flagship database solution, in November 2021. Customers will benefit from these potent new capabilities before the on-premise product's general availability (GA). Additionally, it gives Microsoft the benefit of closely observing user behavior and performance.
The market in the Asia Pacific region is anticipated to have a sizable market share and expand at the highest CAGR during the forecast period as a result of the growing adoption of technology, including cloud computing and the Internet of Things, supported by progress in the developing world. For instance, the SME Finance Forum estimates that more than 98% of businesses in the Asia-Pacific area are small and medium-sized organizations.
COVID-19 Impact On The Database as a Service Market
The recent outbreak of coronavirus has proven to be a bane for the market. The pandemic has led to the suspension of business activity on account of the coronavirus pandemic and has resulted in disruptions in global supply chains, border restrictions, and travel restrictions by government bodies. Mandatory containment measures and health safety compliances have put huge pressure on remote operations across a wide array of industry verticals which further derailed the market growth rate. However, at the end of 2020, global companies witnessed rising investments in cloud solutions to facilitate easy remote working.
Top Key Players Covered In Database as a Service Market
- Google LLC
- IBM
- Microsoft Corporation
- Amazon Web Services
- SAP
- EnterpriseDB
- Redis Ltd.
- MongoDB
- Oracle Corporation
- MariaDB and Other Major Players
Key Industry Developments In The Database as a Service Market
In August 2021, Teradata Corporation declared successful adoption of its new Teradata Vantage cloud data analytics platform in the first half on 2021. The platform was introduced the previous year.
In August 2021, ScyllaDB declared that NoSQL database is available and companies can able to load their data by using ScyllaDB Cloud on Google Cloud. It delivers high performance with low latency, minimizes data infrastructure costs, and helps with administrative overhead.
In March 2020, Hitachi Vantara entered in strategic collaboration with Informatica and Hitachi Vantara, for the integration of databases to modern NoSQL data platforms like MongoDB to help various organizations. Hitachi Vantara is working with MongoDB for availability of a modernization solution that will enable customers to better move data from traditional data platforms like Oracle to MongoDB.
Global Database as a Service Market |
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Base Year: |
2021 |
Forecast Period: |
2022-2028 |
Historical Data: |
2016 to 2020 |
Market Size in 2021: |
USD 16.66 Bn. |
Forecast Period 2022-28 CAGR: |
17.08 % |
Market Size in 2028: |
USD 50.24 Bn. |
Segments Covered: |
By Deployment Type |
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By Organization Size |
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By End-User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Deployment Type
3.2 By Organization Size
3.3 By End-User
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Database as a service Market by Deployment Type
5.1 Database as a service Market Overview Snapshot and Growth Engine
5.2 Database as a service Market Overview
5.3 On-Premise
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 On-Premise: Geographic Segmentation
5.4 Cloud-Based
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Cloud-Based: Geographic Segmentation
Chapter 6: Database as a service Market by Organization Size
6.1 Database as a service Market Overview Snapshot and Growth Engine
6.2 Database as a service Market Overview
6.3 SMEs
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2016-2028F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 SMEs: Geographic Segmentation
6.4 Large Enterprises
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2016-2028F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Large Enterprises: Geographic Segmentation
6.5 Others
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size (2016-2028F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Others: Geographic Segmentation
Chapter 7: Database as a service Market by End-User
7.1 Database as a service Market Overview Snapshot and Growth Engine
7.2 Database as a service Market Overview
7.3 BFSI
7.3.1 Introduction and Market Overview
7.3.2 Historic and Forecasted Market Size (2016-2028F)
7.3.3 Key Market Trends, Growth Factors and Opportunities
7.3.4 BFSI: Geographic Segmentation
7.4 Healthcare
7.4.1 Introduction and Market Overview
7.4.2 Historic and Forecasted Market Size (2016-2028F)
7.4.3 Key Market Trends, Growth Factors and Opportunities
7.4.4 Healthcare: Geographic Segmentation
7.5 Others
7.5.1 Introduction and Market Overview
7.5.2 Historic and Forecasted Market Size (2016-2028F)
7.5.3 Key Market Trends, Growth Factors and Opportunities
7.5.4 Others: Geographic Segmentation
Chapter 8: Company Profiles and Competitive Analysis
8.1 Competitive Landscape
8.1.1 Competitive Positioning
8.1.2 Database as a service Sales and Market Share By Players
8.1.3 Industry BCG Matrix
8.1.4 Heat Map Analysis
8.1.5 Database as a service Industry Concentration Ratio (CR5 and HHI)
8.1.6 Top 5 Database as a service Players Market Share
8.1.7 Mergers and Acquisitions
8.1.8 Business Strategies By Top Players
8.2 GOOGLE LLC
8.2.1 Company Overview
8.2.2 Key Executives
8.2.3 Company Snapshot
8.2.4 Operating Business Segments
8.2.5 Product Portfolio
8.2.6 Business Performance
8.2.7 Key Strategic Moves and Recent Developments
8.2.8 SWOT Analysis
8.3 IBM
8.4 MICROSOFT CORPORATION
8.5 AMAZON WEB SERVICES
8.6 SAP
8.7 ENTERPRISEDB
8.8 REDIS LTD.
8.9 MONGODB
8.10 ORACLE CORPORATION
8.11 MARIADB
8.12 OTHER MAJOR PLAYERS
Chapter 9: Global Database as a service Market Analysis, Insights and Forecast, 2016-2028
9.1 Market Overview
9.2 Historic and Forecasted Market Size By Deployment Type
9.2.1 On-Premise
9.2.2 Cloud-Based
9.3 Historic and Forecasted Market Size By Organization Size
9.3.1 SMEs
9.3.2 Large Enterprises
9.3.3 Others
9.4 Historic and Forecasted Market Size By End-User
9.4.1 BFSI
9.4.2 Healthcare
9.4.3 Others
Chapter 10: North America Database as a service Market Analysis, Insights and Forecast, 2016-2028
10.1 Key Market Trends, Growth Factors and Opportunities
10.2 Impact of Covid-19
10.3 Key Players
10.4 Key Market Trends, Growth Factors and Opportunities
10.4 Historic and Forecasted Market Size By Deployment Type
10.4.1 On-Premise
10.4.2 Cloud-Based
10.5 Historic and Forecasted Market Size By Organization Size
10.5.1 SMEs
10.5.2 Large Enterprises
10.5.3 Others
10.6 Historic and Forecasted Market Size By End-User
10.6.1 BFSI
10.6.2 Healthcare
10.6.3 Others
10.7 Historic and Forecast Market Size by Country
10.7.1 U.S.
10.7.2 Canada
10.7.3 Mexico
Chapter 11: Europe Database as a service Market Analysis, Insights and Forecast, 2016-2028
11.1 Key Market Trends, Growth Factors and Opportunities
11.2 Impact of Covid-19
11.3 Key Players
11.4 Key Market Trends, Growth Factors and Opportunities
11.4 Historic and Forecasted Market Size By Deployment Type
11.4.1 On-Premise
11.4.2 Cloud-Based
11.5 Historic and Forecasted Market Size By Organization Size
11.5.1 SMEs
11.5.2 Large Enterprises
11.5.3 Others
11.6 Historic and Forecasted Market Size By End-User
11.6.1 BFSI
11.6.2 Healthcare
11.6.3 Others
11.7 Historic and Forecast Market Size by Country
11.7.1 Germany
11.7.2 U.K.
11.7.3 France
11.7.4 Italy
11.7.5 Russia
11.7.6 Spain
11.7.7 Rest of Europe
Chapter 12: Asia-Pacific Database as a service Market Analysis, Insights and Forecast, 2016-2028
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By Deployment Type
12.4.1 On-Premise
12.4.2 Cloud-Based
12.5 Historic and Forecasted Market Size By Organization Size
12.5.1 SMEs
12.5.2 Large Enterprises
12.5.3 Others
12.6 Historic and Forecasted Market Size By End-User
12.6.1 BFSI
12.6.2 Healthcare
12.6.3 Others
12.7 Historic and Forecast Market Size by Country
12.7.1 China
12.7.2 India
12.7.3 Japan
12.7.4 Singapore
12.7.5 Australia
12.7.6 New Zealand
12.7.7 Rest of APAC
Chapter 13: Middle East & Africa Database as a service Market Analysis, Insights and Forecast, 2016-2028
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Deployment Type
13.4.1 On-Premise
13.4.2 Cloud-Based
13.5 Historic and Forecasted Market Size By Organization Size
13.5.1 SMEs
13.5.2 Large Enterprises
13.5.3 Others
13.6 Historic and Forecasted Market Size By End-User
13.6.1 BFSI
13.6.2 Healthcare
13.6.3 Others
13.7 Historic and Forecast Market Size by Country
13.7.1 Turkey
13.7.2 Saudi Arabia
13.7.3 Iran
13.7.4 UAE
13.7.5 Africa
13.7.6 Rest of MEA
Chapter 14: South America Database as a service Market Analysis, Insights and Forecast, 2016-2028
14.1 Key Market Trends, Growth Factors and Opportunities
14.2 Impact of Covid-19
14.3 Key Players
14.4 Key Market Trends, Growth Factors and Opportunities
14.4 Historic and Forecasted Market Size By Deployment Type
14.4.1 On-Premise
14.4.2 Cloud-Based
14.5 Historic and Forecasted Market Size By Organization Size
14.5.1 SMEs
14.5.2 Large Enterprises
14.5.3 Others
14.6 Historic and Forecasted Market Size By End-User
14.6.1 BFSI
14.6.2 Healthcare
14.6.3 Others
14.7 Historic and Forecast Market Size by Country
14.7.1 Brazil
14.7.2 Argentina
14.7.3 Rest of SA
Chapter 15 Investment Analysis
Chapter 16 Analyst Viewpoint and Conclusion
Global Database as a Service Market |
|||
Base Year: |
2021 |
Forecast Period: |
2022-2028 |
Historical Data: |
2016 to 2020 |
Market Size in 2021: |
USD 16.66 Bn. |
Forecast Period 2022-28 CAGR: |
17.08 % |
Market Size in 2028: |
USD 50.24 Bn. |
Segments Covered: |
By Deployment Type |
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By Organization Size |
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By End-User |
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By Region |
|
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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LIST OF TABLES
TABLE 001. EXECUTIVE SUMMARY
TABLE 002. DATABASE AS A SERVICE MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. DATABASE AS A SERVICE MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. DATABASE AS A SERVICE MARKET COMPETITIVE RIVALRY
TABLE 005. DATABASE AS A SERVICE MARKET THREAT OF NEW ENTRANTS
TABLE 006. DATABASE AS A SERVICE MARKET THREAT OF SUBSTITUTES
TABLE 007. DATABASE AS A SERVICE MARKET BY DEPLOYMENT TYPE
TABLE 008. ON-PREMISE MARKET OVERVIEW (2016-2028)
TABLE 009. CLOUD-BASED MARKET OVERVIEW (2016-2028)
TABLE 010. DATABASE AS A SERVICE MARKET BY ORGANIZATION SIZE
TABLE 011. SMES MARKET OVERVIEW (2016-2028)
TABLE 012. LARGE ENTERPRISES MARKET OVERVIEW (2016-2028)
TABLE 013. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 014. DATABASE AS A SERVICE MARKET BY END-USER
TABLE 015. BFSI MARKET OVERVIEW (2016-2028)
TABLE 016. HEALTHCARE MARKET OVERVIEW (2016-2028)
TABLE 017. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 018. NORTH AMERICA DATABASE AS A SERVICE MARKET, BY DEPLOYMENT TYPE (2016-2028)
TABLE 019. NORTH AMERICA DATABASE AS A SERVICE MARKET, BY ORGANIZATION SIZE (2016-2028)
TABLE 020. NORTH AMERICA DATABASE AS A SERVICE MARKET, BY END-USER (2016-2028)
TABLE 021. N DATABASE AS A SERVICE MARKET, BY COUNTRY (2016-2028)
TABLE 022. EUROPE DATABASE AS A SERVICE MARKET, BY DEPLOYMENT TYPE (2016-2028)
TABLE 023. EUROPE DATABASE AS A SERVICE MARKET, BY ORGANIZATION SIZE (2016-2028)
TABLE 024. EUROPE DATABASE AS A SERVICE MARKET, BY END-USER (2016-2028)
TABLE 025. DATABASE AS A SERVICE MARKET, BY COUNTRY (2016-2028)
TABLE 026. ASIA PACIFIC DATABASE AS A SERVICE MARKET, BY DEPLOYMENT TYPE (2016-2028)
TABLE 027. ASIA PACIFIC DATABASE AS A SERVICE MARKET, BY ORGANIZATION SIZE (2016-2028)
TABLE 028. ASIA PACIFIC DATABASE AS A SERVICE MARKET, BY END-USER (2016-2028)
TABLE 029. DATABASE AS A SERVICE MARKET, BY COUNTRY (2016-2028)
TABLE 030. MIDDLE EAST & AFRICA DATABASE AS A SERVICE MARKET, BY DEPLOYMENT TYPE (2016-2028)
TABLE 031. MIDDLE EAST & AFRICA DATABASE AS A SERVICE MARKET, BY ORGANIZATION SIZE (2016-2028)
TABLE 032. MIDDLE EAST & AFRICA DATABASE AS A SERVICE MARKET, BY END-USER (2016-2028)
TABLE 033. DATABASE AS A SERVICE MARKET, BY COUNTRY (2016-2028)
TABLE 034. SOUTH AMERICA DATABASE AS A SERVICE MARKET, BY DEPLOYMENT TYPE (2016-2028)
TABLE 035. SOUTH AMERICA DATABASE AS A SERVICE MARKET, BY ORGANIZATION SIZE (2016-2028)
TABLE 036. SOUTH AMERICA DATABASE AS A SERVICE MARKET, BY END-USER (2016-2028)
TABLE 037. DATABASE AS A SERVICE MARKET, BY COUNTRY (2016-2028)
TABLE 038. GOOGLE LLC: SNAPSHOT
TABLE 039. GOOGLE LLC: BUSINESS PERFORMANCE
TABLE 040. GOOGLE LLC: PRODUCT PORTFOLIO
TABLE 041. GOOGLE LLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 041. IBM: SNAPSHOT
TABLE 042. IBM: BUSINESS PERFORMANCE
TABLE 043. IBM: PRODUCT PORTFOLIO
TABLE 044. IBM: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 044. MICROSOFT CORPORATION: SNAPSHOT
TABLE 045. MICROSOFT CORPORATION: BUSINESS PERFORMANCE
TABLE 046. MICROSOFT CORPORATION: PRODUCT PORTFOLIO
TABLE 047. MICROSOFT CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 047. AMAZON WEB SERVICES: SNAPSHOT
TABLE 048. AMAZON WEB SERVICES: BUSINESS PERFORMANCE
TABLE 049. AMAZON WEB SERVICES: PRODUCT PORTFOLIO
TABLE 050. AMAZON WEB SERVICES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 050. SAP: SNAPSHOT
TABLE 051. SAP: BUSINESS PERFORMANCE
TABLE 052. SAP: PRODUCT PORTFOLIO
TABLE 053. SAP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 053. ENTERPRISEDB: SNAPSHOT
TABLE 054. ENTERPRISEDB: BUSINESS PERFORMANCE
TABLE 055. ENTERPRISEDB: PRODUCT PORTFOLIO
TABLE 056. ENTERPRISEDB: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 056. REDIS LTD.: SNAPSHOT
TABLE 057. REDIS LTD.: BUSINESS PERFORMANCE
TABLE 058. REDIS LTD.: PRODUCT PORTFOLIO
TABLE 059. REDIS LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 059. MONGODB: SNAPSHOT
TABLE 060. MONGODB: BUSINESS PERFORMANCE
TABLE 061. MONGODB: PRODUCT PORTFOLIO
TABLE 062. MONGODB: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 062. ORACLE CORPORATION: SNAPSHOT
TABLE 063. ORACLE CORPORATION: BUSINESS PERFORMANCE
TABLE 064. ORACLE CORPORATION: PRODUCT PORTFOLIO
TABLE 065. ORACLE CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 065. MARIADB: SNAPSHOT
TABLE 066. MARIADB: BUSINESS PERFORMANCE
TABLE 067. MARIADB: PRODUCT PORTFOLIO
TABLE 068. MARIADB: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 068. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 069. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 070. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 071. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. DATABASE AS A SERVICE MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. DATABASE AS A SERVICE MARKET OVERVIEW BY DEPLOYMENT TYPE
FIGURE 012. ON-PREMISE MARKET OVERVIEW (2016-2028)
FIGURE 013. CLOUD-BASED MARKET OVERVIEW (2016-2028)
FIGURE 014. DATABASE AS A SERVICE MARKET OVERVIEW BY ORGANIZATION SIZE
FIGURE 015. SMES MARKET OVERVIEW (2016-2028)
FIGURE 016. LARGE ENTERPRISES MARKET OVERVIEW (2016-2028)
FIGURE 017. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 018. DATABASE AS A SERVICE MARKET OVERVIEW BY END-USER
FIGURE 019. BFSI MARKET OVERVIEW (2016-2028)
FIGURE 020. HEALTHCARE MARKET OVERVIEW (2016-2028)
FIGURE 021. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 022. NORTH AMERICA DATABASE AS A SERVICE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. EUROPE DATABASE AS A SERVICE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 024. ASIA PACIFIC DATABASE AS A SERVICE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 025. MIDDLE EAST & AFRICA DATABASE AS A SERVICE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 026. SOUTH AMERICA DATABASE AS A SERVICE MARKET OVERVIEW BY COUNTRY (2016-2028)
Frequently Asked Questions :
The forecast period in the Database as a Service Market research report is 2022-2028.
Google LLC, IBM, Microsoft Corporation, Amazon Web Services, SAP, EnterpriseDB, Redis Ltd., MongoDB, Oracle Corporation, MariaDB and Other Major Players
The Database as a Service Market is segmented into Deployment Type, Organization Size, End-User, and region. By Deployment Type, the market is categorized into On-Premise, Cloud-Based. By Organization Size, the market is categorized into SMEs, Large Enterprises, Others. By End-User, the market is categorized into BFSI, Healthcare, Others. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Users of database-as-a-service (DBaaS), a cloud computing service, can access cloud database systems without using an on-premises database management system. A cloud service provider handles everything, including backups and recurring upgrades, to guarantee that the database system is always accessible and safe.
The Global Database as a Service Market size was valued at USD 16.66 Billion in 2021 and is projected to reach USD 50.24 Billion by 2028, growing at a CAGR of 17.08 % from 2022 to 2028.