The global database software market was valued at about $67.52 billion in 2018.
The database software market consists of sales of database software which are used to develop, modify and maintain database records and files. This software enables users to store data in the form of tables, fields and columns and recover them directly and/or through programmatic access. Database software is used for several reasons ranging from compiling client lists, maintaining bookkeeping tasks to running online web site.
The global database software market (https://www.thebusinessresearchcompany.com/report/database-software-global-market-report) is expected to grow to $99.36 billion at a rate of approximately 10.1% through 2022. Increase in the amount of data generated by industries in their regular operations and integration of technologies including Internet of Things (IoT) in the process are expected to benefit the forecast period as it rises the need of using database software to handle vast amount of data with confidentiality, integrity, and availability. In addition, the introduction of customer-interface applications and the implementation of cloud computing technologies in industries including small scale enterprises have also increased the demand for database software. For example, companies including Coca-Cola has invested in FileMaker, a custom database software to deal with its large amount of data in a more efficient way. The use of FileMaker enables managers to analyze reports to get a glimpse of what is happening company-wide in-real time.
One of the major trends gaining traction in the database software industry is the use of Hybrid Transactional and Analytical Processing Systems (HTAP) to reduce the data processing time. HTAP is an in-memory database which allows user to store data without compromising transactions or analytical workloads and to perform online transaction processing and online analytical processing without duplicating data. This helps to reduce data processing and data retrieval time and also helps in real-time decision making.
Major players in the market are Oracle, Microsoft, IBM, SAP and Amazon. International Business Machines Corporation is an American multinational information technology company headquartered in Armonk, New York, with operations in over 170 countries. Request A Sample Of this report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=2425&type=smp
Few Major Points Covered in TOC:
2. Database Softwares Market Characteristics
3. Database Softwares Market Size And Growth
4. Database Softwares Market Segmentation
5. Database Softwares Market Regional And Country Analysis
6. Asia-Pacific Database Softwares Market
7. China Database Softwares Market
8. India Database Softwares Market
9. Japan Database Softwares Market
10. Australia Database Softwares Market
25. Database Softwares Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Database Softwares Market
27. Database Softwares Market Trends And Strategies
28. Database Softwares Market Future Outlook and Potential Analysis
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