Database management system refers to the product used for storage and organization of data that typically has defined formats and structures. The growing demand for cloud-based management and data storage solutions has led to a paradigm shift from file system to data management system. Technologies in DBMS are XML Database Management System (XDBMS), Object-Relational Database Management System (ORDBMS), Hadoop, Relational Database Management System (RDBMS), and NoSQL. Advantages of database management system (DBMS) include consistency, governing information redundancy, integrity, and sharing. Better quality insights can be achieved with the help of the database management system, which enhances productivity and decision making.
The rising inclination of organizations towards adoption of advanced technologies such as cloud-based technology is the factor driving growth for the global database management system (DBMS) market
The growing adoption of cloud-computing by small to large-scale enterprises, improved data sharing, data security and efficiency in management of a large amount of data is expected to generate demand for database management system in the global market. The inclination of organizations towards the adoption of cloud-based solutions for data management and data security is driving the global database management system (DBMS) market. For instance, in October 2019, Cockroach Labs, a U.S-based computer software company, announced the launch of its beta program 'CockroachCloud', a fully-managed service for its CockroachDB distributed SQL database. With this service, end users can scale & manage a complex and highly available distributed SQL database within stipulated time. A cloud database involves variety of designing, developing of hardware and software. It is a system in which variety of computers are connected through the internet. Extensive usage of database management systems in various sectors such as government, aerospace and defense, healthcare, education, and manufacturing among others is fuelling the expansion of the global database management system market.
The easy accessibility of data, cost-effectiveness of the DBMS solutions, and effective data sharing within the organization are some of the major factors that are driving growth of the global database management system (DBMS) market. However, factors such as complexity of DBMS, availability of open-source solutions, large size, high cost of software and hardware, as well as high cost of training technical staff are expected to hinder growth of the global database management system (DBMS) market.
Global Database Management System (DBMS) Market: Regional Insights
On the basis of regions, global database management system (DBMS) market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. The North America region is estimated to be the largest database management system (DBMS) market owing to increasing adoption of DBMS, advanced computer systems, a well-established computer aided business model, and the presence of global players in the U.S. and Canada. Moreover, growing IT industry and high deployment of cloud computing by middle and large enterprises are some of the major factors which are driving growth of the database management system market in North America. For instance, in April 2015, Oracle Corporation, a U.S-based multinational computer technology corporation, announced a launch of its Exadata database as a service and Exalogic middleware to augment its database and application processing. The increase in unstructured data from social media and e-commerce has given way to new types of database such as, IMDBS (In-Memory Database Management System) and NoSQL.
Moreover, Asia-Pacific is expected to witness rapid growth owing to the developing telecom, retail and banking sectors which creating demand for a computerized model to be used for information management. Hence, key players are focused on maintaining a competitive edge in the global market through adoption of strategies such as product launch. For instance, in May 2019, Huawei Technologies, multinational technology company based in China, announced the launch of its new database management system 'GaussDB' in a bid to expand its enterprise business and compete with companies such as Oracle Corp in China amid growing scrutiny over its main telecom business. In addition, Europe is also expected to exhibit significant growth over the forecast period, owing to increasing use of DBMS in government organizations and the healthcare sector. Growth of the financial and healthcare sector is leading to high adoption of on-cloud and on-premises database infrastructure.
Key Players in the Global Database Management System (DBMS) Market
Key players operating in the global database management system (DBMS) market include Microsoft, Neo Technology, SAP, SAS Institute, Objectivity, Pitney Bowes, Compuware Corporation, Bradmark Technologies Inc., Mark Logic, Pivotal, Software AG, Talend, TIBCO, Vision Solutions and VoltDB among others. The other main companies are Informatica Corporation, Enterprise DB Software Solution, Embarcadero Technologies, MongoDB, HP, Actian Corporation, InterSystems, iWay Software and MetaMatrix.
Global Database Management System (DBMS) Market: Taxonomy
On the basis of Type, the Global Database Management System (DBMS) Market is segmented into:
- Database Operation Management
- Database Maintenance Management
On the basis of Enterprise Size, the Global Database Management System (DBMS) Market is segmented into:
- Large Enterprises
- Small and Medium-sized Enterprises
On the basis of Region, the Global Database Management System (DBMS) Market is segmented into:
- North America
- Asia Pacific
- Latin America
- Middle East