The Latest Database Industry Statistics Explained
The database market is projected to reach $100 billion by 2025.
The statistic indicates that the database market is expected to grow significantly and reach a value of $100 billion by the year 2025. This projection suggests a substantial increase in the demand for database technologies and services over the next few years. Factors contributing to this growth may include the increasing amount of data generated by businesses and individuals, the rising adoption of cloud-based databases, advancements in data analytics and artificial intelligence, and the need for efficient data management solutions across various industries. This projection highlights the potential opportunities for businesses operating in the database market to capitalize on this growth trend and cater to the evolving needs of organizations seeking to harness the power of their data.
Currently, the global database market stands at a total value of $61 billion.
The statistic stating that the global database market stands at a total value of $61 billion indicates the overall economic worth of the industry that provides databases for various applications and services worldwide. This figure represents the collective market value of all databases being bought and sold by businesses, organizations, and individuals to support data storage, management, and retrieval needs. The size of the database market at $61 billion underscores the significance and widespread adoption of databases in modern information technology ecosystems, reflecting the increasing reliance on data-driven decision-making processes across industries and sectors on a global scale.
Oracle has the largest share in the database market with 42.7%
The statistic ‘Oracle has the largest share in the database market with 42.7%’ signifies that Oracle, a multinational technology company, holds the greatest portion of market ownership within the database sector, accounting for 42.7% of the total market share. This suggests that Oracle’s database products and services are the most widely utilized and preferred by consumers and businesses compared to other competitors in the industry. With such a substantial market share, Oracle’s position reflects its dominance and influence within the database market, indicating strong brand recognition, customer trust, and product reliability.
The third most popular in the database market is MySQL with a 14.3% share.
The statistic indicates that MySQL holds the third largest market share in the database industry, accounting for 14.3% of the market. This suggests that MySQL is a widely utilized database management system among various businesses and organizations. The ranking of MySQL as the third most popular database platform highlights its widespread adoption and popularity in the industry, positioning it as a significant player in the database market alongside other prominent systems. This information provides valuable insight into the competitive landscape of the database industry and underscores the significance of MySQL as a key player in the market.
The demand for Cloud-based database solutions is projected to rise by 68% by 2023.
The statistic indicates that the demand for Cloud-based database solutions is expected to significantly increase by 68% by the year 2023. This signifies a substantial growth trajectory in the adoption of Cloud-based database solutions among businesses and individuals globally. The projected rise suggests that organizations are increasingly recognizing the benefits of Cloud-based databases, such as scalability, cost-efficiency, accessibility, and flexibility. This growth may be fueled by the ongoing digital transformation initiatives across various industries, the need for remote access to data, and the growing volume of data generated by businesses. As a result, companies offering Cloud-based database solutions are likely to witness a surge in demand and market opportunities in the coming years.
The annual growth rate of the NoSQL market until 2020 has been 21%.
The statistic stating that the annual growth rate of the NoSQL market until 2020 was 21% indicates that the market for NoSQL databases experienced a consistent and significant increase in revenue or adoption each year leading up to 2020. This growth rate suggests a strong and steady expansion of the market for NoSQL technology over the specified time period, reflecting growing interest in and usage of non-relational database solutions among companies and organizations. The statistic serves as an important indicator of the market trend and potential opportunities within the NoSQL sector, highlighting its relevance and relevance in the evolving landscape of data management technologies.
Among database models, the relational model captures a market share of 80.8%.
The statistic that among database models, the relational model captures a market share of 80.8% indicates that a significant majority of businesses and organizations prefer using the relational model for managing their data. The relational model organizes data into tables of rows and columns, which allows for efficient storage, retrieval, and manipulation of information. This high market share suggests that the relational model is most widely adopted and trusted among various database models available in the industry. Its dominance may be attributed to factors such as its flexibility, scalability, and compatibility with existing systems, making it a popular choice for data management needs in a wide range of industries and applications.
Document stores are second in popularity to relational models with a 6.2% market share.
The statistic ‘Document stores are second in popularity to relational models with a 6.2% market share’ indicates that document stores, a type of NoSQL database model, hold the second-highest market share after relational database models. This suggests that there is a growing trend towards adopting document stores due to their ability to store and manage unstructured data efficiently. Despite not being as widely used as relational models, document stores are gaining popularity in the database management industry, likely driven by the increasing need for handling diverse and complex data types in modern applications. The 6.2% market share highlights the significant presence of document stores in the database market and signals a shift towards more diverse and flexible database solutions.
The Asia-Pacific region is presumed to uphold the greatest CAGR in database as a service market by 2023.
This statistic suggests that the Asia-Pacific region is forecasted to experience the highest Compound Annual Growth Rate (CAGR) in the database as a service market by the year 2023. This indicates that the demand for database as a service solutions in countries within the Asia-Pacific region is expected to grow at a faster rate compared to other regions. Factors influencing this growth could include increasing digital transformation initiatives, adoption of cloud technologies, and a rapidly expanding small and medium-sized business sector in the region. Companies operating in the database as a service market may need to focus their efforts on capturing this growing market opportunity in the Asia-Pacific region to stay competitive and capitalize on the projected market growth.
North America currently has the largest market share in the database industry.
The statistic that “North America currently has the largest market share in the database industry” indicates that the region of North America holds a dominant position in terms of the total sales or revenue generated in the database industry compared to other regions such as Europe, Asia, or South America. This suggests that a significant portion of database-related products or services are being consumed or utilized in North America, which may be influenced by several factors such as the size and maturity of the market, technological advancements, strong demand from businesses, government regulations, and the presence of established database companies in the region. This statistic highlights the importance of North America as a key player in the global database industry and can provide insights for businesses looking to enter or expand in this market.
19.3% of professionals prefer PostgreSQL as their most favorable open-source RDBMS.
Based on the statistic provided, it can be interpreted that approximately 19.3% of professionals within a specific population exhibit a preference for PostgreSQL as their primary open-source Relational Database Management System (RDBMS). This statistic suggests that PostgreSQL is a notable choice among professionals when it comes to managing their relational databases, reflecting its popularity and reputation within the industry. The data implies that PostgreSQL holds a significant market share in the open-source RDBMS landscape, indicating its favorable attributes and functionality that appeal to a considerable portion of professionals working in database management roles.
The total number of database management systems (DBMS) globally is over 340.
The statistic that the total number of database management systems (DBMS) globally is over 340 denotes the wide array of software systems designed for efficiently storing, managing, and retrieving data across various industries and applications. This statistic highlights the diversity and complexity of the technology market, with numerous DBMS offerings catering to different needs and preferences. The presence of over 340 DBMS globally showcases the importance of data management in today’s digital age and suggests a thriving ecosystem of tools and solutions to support organizations in effectively managing their data assets.
In-memory database market is expected to reach USD 11 billion by 2026.
The statistic “In-memory database market is expected to reach USD 11 billion by 2026” suggests that the market for in-memory databases, a type of database management system that relies primarily on main memory for data storage, is projected to grow significantly over the coming years. This indicates a growing demand for faster and more efficient data processing and analytics solutions, as in-memory databases are known for their ability to deliver high-speed performance by storing data in system memory rather than disk storage. The expected market value of USD 11 billion by 2026 indicates substantial growth opportunities for businesses operating in the in-memory database industry, driven by factors such as increasing data volumes, the need for real-time processing, and the adoption of digital transformation strategies across various sectors.
In 2021, the market share for SQL databases was around 85%.
The statistic stating that in 2021, the market share for SQL databases was around 85% denotes that SQL databases dominated the market significantly, capturing a large majority of the database market. This suggests that a large proportion of organizations and businesses were utilizing SQL databases for their data management needs. The high market share for SQL databases indicates the widespread popularity and trust in the technology, likely due to its reliability, performance, and compatibility with various applications and systems. This statistic highlights the enduring importance and prevalence of SQL databases in the data management landscape in 2021.
The market size of the global big data and business analytics was 168.8 billion U.S. dollars in 2018.
The statistic indicates that the total value of the big data and business analytics market worldwide was 168.8 billion U.S. dollars in 2018. This figure encompasses the combined revenue generated by various companies and industries involved in the collection, storage, analysis, and utilization of large datasets to gain insights and make informed business decisions. The size of this market highlights the increasing importance of data-driven strategies and solutions across different sectors, reflecting the growing demand for advanced analytics tools and technologies to drive innovation, competitiveness, and growth in today’s digital economy.
Amazon Web Services controls 31% of the cloud database market in 2021.
The statistic that Amazon Web Services controls 31% of the cloud database market in 2021 indicates that among all the cloud service providers offering database services, AWS holds a significant market share at 31%. This means that a large portion of organizations and businesses that use cloud-based databases are choosing AWS as their preferred provider. This statistic highlights AWS’s dominance in the cloud database market, showcasing their popularity and trust among consumers for their database services compared to competitors.
By 2025, the data warehousing market is expected to reach $30 billion globally.
The statistic “By 2025, the data warehousing market is expected to reach $30 billion globally” indicates a considerable growth forecast for the data warehousing industry over the next few years. This projection suggests that the demand for data warehousing solutions and services is expected to increase significantly, driven by factors such as the growing reliance on data-driven decision-making across industries and the increasing volumes of data generated by organizations. The $30 billion figure signifies the estimated value of the global market for data warehousing by the year 2025, reflecting the expanding opportunities and investments in this sector. This statistic highlights the importance of data warehousing in managing and analyzing large sets of data for organizations looking to enhance their operations and stay competitive in the digital age.
The Graph Database Market is expected to grow at a CAGR of 25% from 2021 to 2025.
This statistic indicates that the Graph Database Market is projected to experience substantial growth over the period of 2021 to 2025, with a Compound Annual Growth Rate (CAGR) of 25%. This means that the market size for graph databases is expected to increase by an average of 25% annually over the specified time frame. A CAGR of 25% suggests strong market demand, potential opportunities for industry players, and increasing adoption of graph databases among businesses and organizations. The projected growth rate highlights the potential for significant expansion in the graph database market and signals a positive outlook for the industry in the coming years.
References
0. – https://www.www.transparencymarketresearch.com
1. – https://www.www.statista.com
2. – https://www.www.zdnet.com
3. – https://www.www.datamation.com
4. – https://www.www.globenewswire.com
5. – https://www.db-engines.com
6. – https://www.www.marketsandmarkets.com
