Cloud Database and Database as a Service (DBaaS) Market worth $14.05 Billion by 2019


Posted December 15, 2018 by hiteshpawar7359

DBaaS to grow from $1.07 billion in 2014 to $14.05 billion by 2019, at a Compound Annual Growth Rate (CAGR) of 67.30% during the forecast period.

 
The report “Cloud Database Market and DBaaS by Software (Database Application Builder, Data Scaling and Replication, Back-Up and Recovery, Database Encryption), Databases (SQL, Nosql), Deployment Models (Iaas, Paas, Dbaas) and Service Models (Public Cloud, Private Cloud, Virtual Private Cloud, Hybrid Cloud) & by Organization Size (Small And Medium, Large) - Global Advancements Market Forecasts and Analysis 2014 - 2019” defines and segments the global cloud database and DBaaS market into various sub-segments with in-depth analysis and forecasts of revenues. It also identifies drivers, restraints, and opportunities for this market.
[156 Pages Report] MarketsandMarkets forecasts the cloud database market and DBaaS to grow from $1.07 billion in 2014 to $14.05 billion by 2019, at a Compound Annual Growth Rate (CAGR) of 67.30% during the forecast period.
This research study covers the global cloud database market and DBaaS. The comprehensive report forecasts the revenues and analyzes the trends for the adoption of cloud database and DBaaS on cloud in the following sub-markets.
On the basis of Databases:
• Relational/SQL
• NoSQL
On the basis of Software:
• Database Application Builder
• Data Scaling and Replication
• Backup and Recovery
• Database Encryption
• Others
On the basis of Services:
• Training and Consulting Services
• System and Network Integration
• Deployment and Maintenance
On the basis of Deployment Models:
• Infrastructure as a Service
• Platform as a Service
• Database as a Service
On the basis of Service Models:
• Public Cloud
• Private Cloud
• Virtual Private Cloud
• Hybrid Cloud
On the basis of Organization Sizes:
• Small and Medium Business
• Large Enterprises
On the basis of Verticals:
• Banking, Financial Services, and Insurance (BFSI)
• Hospitality
• Government
• Healthcare and Life Sciences
• Media and Entertainment
• Professional Services
• Academic
• Telecommunication
• Others
On the basis of Regions:
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America
The ongoing progress of cloud computing has given an undeniable value proposition to the organizations for outsourcing their Information and Communication Technology (ICT) infrastructure. Furthermore, the demand for cloud services is also increasing across various industry verticals, such as Banking, Financial Services, and Insurance (BFSI), government, energy, healthcare and life science, media and entertainment, professional services, academic, and telecom verticals. Cloud database not only reduces the cost but also gives control and administration of underlying infrastructure operations. Cloud database solutions provide two types of offerings to its clients: Do it Your-self and Database as a Service. These services help clients to carry forward their business practices in a dynamic manner by assisting in creating more engaging enterprise practices.
Ask for PDF Brochure: Cloud Database and Database as a Service (DBaaS) Market.
Increasing demands for flexible and cost-effective database storing solutions in cloud along with the requirements of features such as scalability, elasticity, and automated backup are playing an important role in creating the future of the loud database market. Major tier-1 companies and many start-ups are getting into the escalating market of cloud database and DBaaS.

MarketsandMarkets has segmented the global cloud database and DBaaS by types of databases, by software solutions, by different deployment as well as service models, by end users, and by regions, namely North America (NA), Asia Pacific (APAC), Europe (EU), Middle East and Africa (MEA), and Latin America (LA). Vendors offer cloud database solutions based on the data model they use and the infrastructure they are built-on. The major cloud database deployment models analyzed in the report are Infrastructure as a Service, Platform as a Service, and Database as a Service, these models differ by the level of administrative control a user gets.

The major forces which are driving this market are the innovations in ways of data storing and memory allocation. The demand of cloud database solutions is expected to grow in coming years, as traditional approach for storing databases are difficult to manage. Moreover, cloud databases enable organizations to focus on their business critical applications and underlying infrastructure is managed by service provider. Companies providing different offerings in terms of virtualization and DBaaS solutions are looking forward to gain better competitive advantage in this growing market, thereby creating new solutions for the overall cloud database and DBaaS market. The growing momentum towards virtualization as means of consolidation of IT recourses is driving the growth of cloud based services and eventually growth of cloud databases. Providing easy access to databases with minimum or no tedious administration costs is pushing organizations to move their ever increasing on-premise database workloads to cloud.

MarketsandMarkets forecasts the cloud database and DBaaS market to grow from $1.07 billion in 2014 to $14.05 billion by 2019, at a Compound Annual Growth Rate (CAGR) of 67.30% during the forecast period of 2014-2019.
Browse 77 market data tables 17 figures spread through 156 pages and in-depth TOC on “Cloud Database Market and DBaaS by Software (Database Application Builder, Data Scaling and Replication, Back-Up and Recovery, Database Encryption), Databases (SQL, Nosql), Deployment Models (Iaas, Paas, Dbaas) and Service Models (Public Cloud, Private Cloud, Virtual Private Cloud, Hybrid Cloud) & by Organization Size (Small And Medium, Large) - Global Advancements Market Forecasts and Analysis 2014 - 2019”
https://www.marketsandmarkets.com/Market-Reports/cloud-database-as-a-service-dbaas-market-1112.html
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Issued By MarketsandMarkets™ INC.
Country United States
Categories Technology
Tags cloud database market , database as a service market , dbaas market
Last Updated December 15, 2018