According to IMARC Group’s latest report, titled “Database-as-a-Service Market Trends: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” the global Database-as-a-Service market to continue its strong growth during the next five years.
Database-as-a-Service (DBaaS) is a cloud computing managed service through which users can access cloud database systems without requiring an on-premise database management system. It ensures round-the-clock availability of secured database systems and integrated management tools, such as logging, key management, and activity tracking utilities. DBaaS also offers simplified configuring, monitoring, and database maintenance processes, thereby supporting organizations in risk management, consumer-targeted marketing, and controlling overhead expenses. As a result, it is gaining momentum across small and medium-sized enterprises (SMEs), globally.
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Market Trends
The increasing penetration of smartphones, along with the growing popularity of software-based mobile applications, is primarily bolstering the market for DBaaS. Additionally, rising levels of digitization in the banking, financial services, and insurance (BFSI) sector, leading to an increased data volume, are further augmenting the need for an efficient database management system. Besides this, the growing consumer preferences towards personalized preventive care and health management systems are propelling the adoption of DBaaS in the healthcare sector. Moreover, the sudden outbreak of the COVID-19 has led to the implementation of stringent lockdown regulations across several countries. As a result, numerous organizations have adopted remote working models and cloud computing services, thereby catalyzing the demand for DBaaS for remote exchange of documents and database management.
Database-as-a-Service Market 2020-2025 Analysis and Segmentation:
Breakup by Type:
- SQL
- NoSQL
Breakup by Deployment Type:
- On-Cloud
- On-Premises
Breakup by Organization Size:
- Small Enterprises
- Medium Enterprises
- Large Enterprises
Breakup by End User:
- BFSI
- Healthcare
- Government
- Others
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Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Amazon
- CenturyLink
- Google (Alphabet Inc.)
- IBM
- Microsoft
- Oracle
- Rackspace Technology Inc.
- SAP SE.
The report has segmented the market on the basis of type, deployment type, organization size, end user and region.
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The latest trending report Global Function-as-a-Service Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The global Function-as-a-Service market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 25.3% in the forecast period of 2020 to 2025 and will expected to reach USD 7063.9 million by 2025, from USD 2861.4 million in 2019.The Function-as-a-Service market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/35085-function-as-a-service-market-analysis-reportThe major players covered in Function-as-a-Service are:IBM (US)Rogue Wave Software (US)Amazon Web Services(US)Google (US)Infosys (India)Microsoft (US)Fiorano Software and Affiliates (US)Dynatrace (US)SAP (Germany)TIBCO Software (US)By Type, Function-as-a-Service market has been segmented into: Developer-Centric Operator-CentricBy Application, Function-as-a-Service has been segmented into: Web & Mobile Based Research & AcademicThe report offers in-depth assessment of the growth and other aspects of the Function-as-a-Service market in important countries (regions), including: North America (United States, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia) South America (Brazil, Argentina, Colombia) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Function-as-a-Service Market @ https://www.decisiondatabases.com/contact/download-sample-35085 There are 14 Chapters to deeply display the global Function-as-a-Service market.1 Function-as-a-Service Market Overview2 Company Profiles3 Global Function-as-a-Service Market Competition, by Players4 Global Function-as-a-Service Market Size by Regions5 North America Function-as-a-Service Revenue by Countries6 Europe Function-as-a-Service Revenue by Countries7 Asia-Pacific Function-as-a-Service Revenue by Countries8 South America Function-as-a-Service Revenue by Countries9 Middle East and Africa Revenue Function-as-a-Service by Countries10 Global Function-as-a-Service Market Segment by Type11 Global Function-as-a-Service Market Segment by Application12 Global Function-as-a-Service Market Size Forecast (2021-2025)13 Research Findings and Conclusion14 AppendixPurchase the complete Global Function-as-a-Service Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-35085Other Reports by DecisionDatabases.com:Global Business Process-as-a-Service Market 2020 by Company, Regions, Type and Application, Forecast to 2025Global Energy-as-a-Service (EaaS) Market 2020 by Company, Regions, Type and Application, Forecast to 2025Global Insights-as-a-Service Market 2020 by Company, Regions, Type and Application, Forecast to 2025About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
We provide intellectual, precise and meaningful data at a lightning speed.For more details:DecisionDatabases.comE-Mail: [email protected]: +91 9028057900Web: https://www.decisiondatabases.com/
About Backup-as-a-ServiceOnline backup service, also known as BaaS, refers to the frequent backup of folders, files, or the entire content of HDDs by service providers to remote secure cloud-based data repositories.Radiant Insights analysts forecast the Global Backup-as-a-Service Market to grow at a CAGR of 27.04% during the period 2018-2022.Covered in this reportThe report covers the present scenario and the growth prospects of the backup-as-a-service.
To calculate the market size, the report considers the revenue generated from the sales of backup service.The market is divided into the following segments based on geography:AmericasAPACEMEARequest A Sample Copy Of This Report at: https://www.radiantinsights.com/research/global-backup-as-a-service-market-2018-2022/request-sampleRadiant Insights report, backup-as-a-service market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts.
The report covers the market landscape and its growth prospects over the coming years.
The report also includes a discussion of the key vendors operating in this market.Key vendorsAlphabetcomCisco SystemsIBMNetAppMarket driverGrowing need to simplify solutions for backupMarket challengePossibilities of failure during implementationMarket trendIncreasing use of IoTKey questions answered in this reportWhat will the market size be in 2022 and what will the growth rate be?What are the key market trends?What is driving this market?What are the challenges to market growth?Who are the key vendors in this market space?What are the market opportunities and threats faced by the key vendors?What are the strengths and weaknesses of the key vendors?To Browse Full Research Report @: https://www.radiantinsights.com/research/global-backup-as-a-service-market-2018-2022About Radiant Insights:Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements.
It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process.
The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets.
Enterprises can host databases on the cloud without access to hardware.
The ability to scale business at a rapid pace using cloud is likely to lead to its adoption by businesses of all sizes.
The global cloud database as a service market report compiled by Market Research Future (MRFR) evaluates various growth opportunities and trends amid the COVID-19 pandemic and changes in business models for the period of 2018 to 2023 (forecast period).Market ScopeThe cloud database as a service market is expected to reach USD 21.66 billion growing at 46.78% CAGR over the forecast period.
SegmentationBy database, the cloud database as a service market is divided into SQL database and NoSQL database.By model, this market is segmented into service model and deployment model.
By deployment model, the DBaaS segment can provide security to data with tight surveillance and software upgrades designed to maintain the integrity of data stored in the database.By component, the market is segmented into software and service.
By service, the market is segmented into training and consulting service, system and network integration service, and deployment and maintenance service.By organization size, the market is segmented into large enterprise and small and medium-sized enterprise.By end-user, the market is segmented into academic, BFSI, healthcare, IT and telecom, government, and others.Regional AnalysisThe cloud database as a service market is considered for North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).Rapid adoption of new technology is driving the growth of the cloud database as a service market in North America.
The global database-as-a-service (DaaS) market is anticipated to attain a CAGR of ~18% over the forecast period, i.e., 2022 – 2030.
The market is segmented on the basis of end-user into BFSI, healthcare and others, out of which, BFSI segment is anticipated to hold largest market size over the forecast period owing to the involvement of large volume of big data in this sector, along with requirement of safe database.The global database-as-a-service (DaaS) market is projected to grow on the basis of increasing adoption of cloud computing technology amongst the various end-user industries.
Increasing use of smartphones and internet are also crucial factors estimated to boost the market growth.On the basis of geographical analysis, the global database-as-a-service (DaaS) market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.
The market in the North America region is estimated to gain largest market share during the forecast period owing to the high adoption of cloud computing and other advanced technologies amongst the technologically equipped population in United States and Canada.The research was global in nature and conducted in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa).
In addition, areas like Market size, Y-O-Y growth & Opportunity Analysis, market players competitive study, investment opportunities, demand for future outlook etc.
have been covered and displayed in the research report to ensure it dives deep to achieve strategic competitive intelligence in the segment.Involvement of Big Numbers in the Operation of Various Sectors to Boost the Market GrowthWith the presence of large volume of data, the demand for efficient management of data is increasing like never before, especially after the work from home situation caused by COVID-19.
