North America is one of the major markets for DBMS (Database Management System). It also has a well-established market of service providers and the DBMS adoption rate is also high here. APAC and LATAM are emerging markets for DBMS with a shift in focus on Cloud DBMS. The increase in unstructured data from e-commerce and social media has given way to new types of database such as NoSQL and IMDBS (In-Memory Database Management System). An increase in data is driving enterprises to upgrade their on-premise DBMS solution to SaaS (SaaS Software as a Service) owing to the high cost saving opportunities in SaaS-based solution.
The report includes a descriptive regional market overview discussing the estimated market size, growth rate, maturity of service providers and maturity of buyers in North America, Europe, LATAM, APAC, and MEA. The report presents Porter's Five Force Analysis as well as supply trends and insights on the global database market. It also provides a comprehensive supplier profile analysis and SWOT analysis of some of the major DBMS producers such as Oracle, Microsoft, SAP, IBM, and Amazon AWS. The report further presents cost and pricing structure along with industry best practices for the database management market.
Beroe gathers intelligence through primary sources that include industry experts, researchers, and consultants, as well as current suppliers, producers and distributors. Secondary sources can include business journals, newsletters, magazines, market research data, company sources, and industry associations. Following data collation, analysis, and strategic review, the Final Research Report is published on Beroe LiVE.
Category Intelligence on Database Management System covers the following
Database Management System (DBMS) refers to the product used for storage and organization of data, that typically has defined formats and structures. Database management system are categorized by their basic structures and, to some extent, by their use or deployment. Technologies of the DBMS market are Object-Relational Database Management System (ORDBMS), XML Database Management System (XDBMS), Relational Database Management System (RDBMS), Hadoop, and NoSQL.
Large repositories of corporate and external data, including unstructured information created by new applications such as medical, entertainment, energy and geophysical, social media and other web repositories are the primary contributors for increase in data.
According to industry estimates, the big data market is expected to grow from $25.97 billion in 2016 to $83.82 billion in 2021 at a compound annual growth rate (CAGR) of 26.4 percent.
Data from connected devices such as smart devices add to the demand of DBMS solutions that are equipped with innovative technologies to cater to diverse data.
Additionally, the ubiquitous use of social media and personal devices have also fortified the growth of business and social related data.
SaaS based DBMS:
SaaS solutions are gaining attraction among small and mid-size enterprises due to cost saving opportunities and quick return on investment.
The key benefit of SaaS based DBMS solution are software upgrades and infrastructure maintenance, which will be owned by the DBMS vendor.
Cost of Data Conversion:
Data conversion would be required during migration from a legacy to a new product.
Industry estimates show that data conversion cost is more than the cost of DBMS hardware and machine combined.
Data migration experts are required to convert data to new system.
Securing Private and Public Data:
Consumers need to trust that the data they provide to enterprises remain in a secure place, and organizations' executives need to trust that the data they are receiving accurately represents what is going on across their enterprises.
Enterprise success is closely tied to data security, and the onus is on DBAs to ensure that this security is intact.
Sources: Techrepublic, InfoWorld, ZDnet