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Key players in the database management system (DBMS) market focus on multi-model databases for disparate data sources.
The PostgreSQL Global Development Group began in 1986 and is an independent community-driven organization dedicated to the development and improvement of the PostgreSQL database system, with its headquarters located in different parts of the world. It offers open-source relational databases, credible, trustworthy, and enhanced with different advanced features. The products include PostgreSQL database software; comprehensive support and documentation of new releases that come out and make continuous improvements in the system.
Founded in 2007, and headquartered in New York City, MongoDB, Inc. is the company behind MongoDB, the No. 1 NoSQL database and the fastest-growing new database in job postings and type searches. The company offers cloud-based MongoDB Atlas, a database service, along with professional support and training to enable organizations to get the most value from their database solutions.
Based in Amsterdam and founded in 2012, Elasticsearch B.V. specializes in solutions for search, logging, security, and analytics. Their products have both cloud-based and self-managed options, focusing on the enterprise needs of search capabilities, log analytics, and security intelligence.
IBM Corporation was founded in 1911 and headquartered in Armonk, New York. It is one of the oldest and largest information technology companies in the world. IBM delivers the full spectrum of hardware, software, and services in all aspects of cloud computing, artificial intelligence, blockchain technology, and database management. One such offering is its Db2 family of data management solutions. In fact, this product line has been an enterprise-class solution and an engine of strength for the company.
Other key market players in the global database management system (DBMS) market report include Oracle Corporation, Microsoft Corporation, MariaDB Foundation, Amazon Web Services, Inc., Splunk Inc., and The Apache Software Foundation, among others.
Database Management System (DBMS) Market Size
Database Management System (DBMS) Market Trends
Database Management System (DBMS) Market Growth
Database Management System (DBMS) Market Share
Database Management System (DBMS) Companies
Database Management System (DBMS) Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the market attained a value of approximately USD 89 billion.
The database management system (DBMS) market is projected to grow at a CAGR of 10.8% between 2024 and 2032.
The growth of the market is being driven by the increasing data from social media, the rising e-commerce sector, and rapid digital transformation of various industries.
The key trends in the market are the adoption of multi-model databases and cloud-based management systems and the rising integration of AI and machine learning in DBMS systems.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major applications of DBMS are BFSI, defence and government, healthcare, oil and gas, and retail and manufacturing, among others.
The different deployment models of DBMS are on premise and cloud based.
The major players in the database management system (DBMS) market are Oracle Corporation, Microsoft Corporation, The Postgresql Global Development Group, MongoDB, Inc., Elasticsearch B.V, IBM Corporation, MariaDB Foundation, Amazon Web Services, Inc., Splunk Inc., and The Apache Software Foundation, among others.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 224 billion by 2032.
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