Global Database Management System (DBMS) Market: Regional Insights
On the basis of regions, global database management system (DBMS) market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. The North America region is estimated to be the largest database management system (DBMS) market owing to increasing adoption of DBMS, advanced computer systems, a well-established computer aided business model, and the presence of global players in the U.S. and Canada. Moreover, growing IT industry and high deployment of cloud computing by middle and large enterprises are some of the major factors which are driving growth of the database management system market in North America. For instance, in April 2015, Oracle Corporation, a U.S-based multinational computer technology corporation, announced a launch of its Exadata database as a service and Exalogic middleware to augment its database and application processing. The increase in unstructured data from social media and e-commerce has given way to new types of database such as, IMDBS (In-Memory Database Management System) and NoSQL.
Moreover, Asia-Pacific is expected to witness rapid growth owing to the developing telecom, retail and banking sectors which creating demand for a computerized model to be used for information management. Hence, key players are focused on maintaining a competitive edge in the global market through adoption of strategies such as product launch. For instance, in May 2019, Huawei Technologies, multinational technology company based in China, announced the launch of its new database management system 'GaussDB' in a bid to expand its enterprise business and compete with companies such as Oracle Corp in China amid growing scrutiny over its main telecom business. In addition, Europe is also expected to exhibit significant growth over the forecast period, owing to increasing use of DBMS in government organizations and the healthcare sector. Growth of the financial and healthcare sector is leading to high adoption of on-cloud and on-premises database infrastructure.
Database Management System Market Report Snapshots
Joining thousands of companies around the world committed to making the Excellent Business Solutions.
View All Our Clients