The global market for cloud database and DBaaS is estimated to have significant CAGR during the forecast period. The market is mainly driven due to the growing trend towards cloud-based services among enterprises. Increasing adoption of the cloud platform is attributed to the faster deployment of new capabilities to drive innovative business solutions. Enterprises across the globe are adopting cloud-based database services for storing data as large storage space is required by the commercial data generated by small & medium-sized enterprises and large enterprises. Further, with the increasing amount of data generated through IoT, many enterprises have shifted their data to the cloud storage by choosing service providers. Therefore, the demand for cloud-based services among enterprises has been growing significantly that further propels the market growth during the forecast period.
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Segmental Outlook
The global cloud database and DBaaS market are segregated on the basis of database type,deployment model and Industry. Based on the database type the global cloud database and DBaaS market are classified into a not only structured query language (NoSQL) and structured query language (SQL). The SQL segment is projected to hold a significant share in the global cloud database and DBaaS market as it provides various mechanisms for concurrency control, transaction and storing data.On the basis ofthe deployment model, the market is further segmented into the public cloud, private cloud, and hybrid cloud. The hybrid cloud segment is projected to have considerable growth owing to the growing demand for hybrid cloud services in small and medium enterprises.Based on the Industry, the global cloud database and DBaaS market are further segmented into BFSI, IT & telecom, healthcare, retail, energy and utilities, media & entertainment, and others.
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Market Segmentation
• Global Cloud Database and DBaaS Market by Database Type
• NoSQL
• SQL
• Global Cloud Database and DBaaS Market by Deployment Model
• Private Cloud
• Public Cloud
• Hybrid Cloud
• Global Cloud Database and DBaaS Market by Industry
• BFSI
• IT & Telecom
• Healthcare
• Retail
• Energy and Utilities
• Media & Entertainment
• Others (Manufacturing)
Regional Analysis
• North America
• United States
• Canada
• Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
• Asia-Pacific
• China
• India
• Japan
• Rest of Asia-Pacific
• Rest of the World
Company Profiles
• Amazon Web Services, Inc.
• Alibaba Group
• CenturyLink
• DataStax, Inc.
• EnterpriseDB Corp.
• Google, LLC
• IBM Corp.
• MariaDB Corp. Ab
• MemSQL Inc.
• Microsoft Corp.
• MongoDB, Inc.
• Neo4j, Inc.
• Oracle Corp.
• Redis Labs, Inc.
• Rackspace US, Inc.
• SAP SE
• ScyllaDB Ltd.
• Tencent Holdings Ltd.
• Teradata Corp.
• TigerGraph, Inc.
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