Database-as-a-Service (DBaaS) is a cloud computing service that allows users to access cloud database systems without utilizing a database management system on-premises. A cloud service provider manages everything from periodic upgrades to backups to ensure that the database system remains available and secure 24/7.
The global Database-as-a-Service market is expected to witness a strong growth during the forecast period. The growing sales of smartphones, in confluence with the rising demand for mobile apps, represents one of the important factors that boosting the growth of the global Database-as-a-Service market. Furthermore, rapid digitization of services in the banking, financial services and insurance (BFSI) sector is increasing the need for managing rising data volume, which, in turn, is contributing remarkably to the growth of the market.
Apart from this, DBaaS offers flexible scalability and integrated management tools, such as logging, key management and activity tracking utilities, which simplify the process of configuring, monitoring, and maintaining databases. This key aspect positively influencing the growth of the global Database-as-a-Service market. Moreover, due to the coronavirus outbreak and lockdowns implemented by governments of several countries, organizations are adopting remote working models and cloud computing services to maintain business continuity. This factor driving the demand for DBaaS solutions globally to allow the exchange of documents remotely.
Covid-19 Impact on Database as a Service Market
Like many other industries, COVID-19 badly knocked the electronic and semiconductor industries. This unprecedented event has impacted nearly 230 countries in just a few weeks, resulting in the forced shutdown of manufacturing and transportation activities within and across the countries. This has directly affected the overall sector's growth. It is estimated that COVID-19 to leave more than USD 30 billion impacts on the electronics and semiconductor industry. The sector is majorly affected due to transport restrictions on major electronics and semiconductor raw material providers. However, the emerging need for semiconductors in several industries will offer rapid market recovery over the future period.
Database as a Service Market Segment Overview
According to End User, the Banking, Financial Services and Insurance (BFSI) segment has the significant growth in the global Database-as-a-Service market. BFSI is one of the most data-centric sectors where large volumes of databases are generated at an exponential rate. Numerous factors are projected to contribute to the growth of the database in the financial sector. Some of these factors include electronic transactions, Automated Teller Machines (ATMs), credit cards, call centers, and mobile-based sources. Furthermore, Healthcare is another important segment in the market. The increasing incidence of chronic diseases, the extensive adoption of modern healthcare services and growing focus on personalized preventive care and health management are resulting in expanding applications of DBaaS in the healthcare industry. Additionally, DBaaS supports organizations in risk management, focusing on consumer-targeted marketing, and saving costs for setting, installing and managing database hardware and software. As a result, DBaaS is gaining popularity in small and medium-sized enterprises (SMEs) worldwide.
Database as a Service Market, By Type
· SQL
· NoSQL
Database as a Service Market, By Deployment Type
· On-Cloud
· On-Premises
Database as a Service Market, By Organization Size
· Small Enterprises
· Medium Enterprises
· Large Enterprises
Database as a Service Market, By End User
· BFSI
· Healthcare
· Government
· Others
Database as a Service Market Regional Overview
Geographically, North America is anticipated to account for the maximum share of the Database as a Service market in 2020. The region includes developed countries, such as the US and Canada, and is considered the most advanced region in terms of adoption of advanced technologies. The North American region shows an extensive presence of key industry players offering cloud database and DBaaS solutions and services, and its financial position allows the region to invest hugely in leading tools and technologies for effective business operations.
Database as a Service Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Database as a Service Market Competitor overview
Some key developments and strategies adopted by manufacturers in the Database as a Service are highlighted below.
· In August 2021, ScyllaDB announced that companies can now run their globally distributed workloads using Scylla Cloud on Google Cloud. A highly performant, fully managed NoSQL database as a service (DBaaS) based on the powerful Scylla Enterprise NoSQL database, Scylla Cloud delivers high throughput and predictable low-latency performance while minimizing data infrastructure costs and freeing teams from administrative overhead.
Database as a Service Market, Key Players
· Amazon
· CenturyLink
· Google (Alphabet Inc.)
· IBM
· Microsoft
· Oracle
· Rackspace Technology Inc.
· SAP SE
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Database as a Service Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Type
- 5.2.1. SQL
- 5.2.2. NoSQL
- 5.3. Market Analysis, Insights and Forecast – By Deployment Type
- 5.3.1. On-Cloud
- 5.3.2. On-Premises
- 5.4. Market Analysis, Insights and Forecast – By Organization Size
- 5.4.1. Small Enterprises
- 5.4.2. Medium Enterprises
- 5.4.3. Large Enterprises
- 5.5. Market Analysis, Insights and Forecast – By End User
- 5.5.1. BFSI
- 5.5.2. Healthcare
- 5.5.3. Government
- 5.5.4. Others
- 5.6. Market Analysis, Insights and Forecast – By Region
- 5.6.1. North America
- 5.6.2. Europe
- 5.6.3. Asia Pacific
- 5.6.4. Latin America, Middle East and Africa
6. North America Database as a Service Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Type
- 6.2.1. SQL
- 6.2.2. NoSQL
- 6.3. Market Analysis, Insights and Forecast – By Deployment Type
- 6.3.1. On-Cloud
- 6.3.2. On-Premises
- 6.4. Market Analysis, Insights and Forecast – By Organization Size
- 6.4.1. Small Enterprises
- 6.4.2. Medium Enterprises
- 6.4.3. Large Enterprises
- 6.5. Market Analysis, Insights and Forecast – By End User
- 6.5.1. BFSI
- 6.5.2. Healthcare
- 6.5.3. Government
- 6.5.4. Others
- 6.6. Market Analysis, Insights and Forecast – By Country
- 6.6.1. U.S.
- 6.6.2. Canada
7. Europe Database as a Service Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Type
- 7.2.1. SQL
- 7.2.2. NoSQL
- 7.3. Market Analysis, Insights and Forecast – By Deployment Type
- 7.3.1. On-Cloud
- 7.3.2. On-Premises
- 7.4. Market Analysis, Insights and Forecast – By Organization Size
- 7.4.1. Small Enterprises
- 7.4.2. Medium Enterprises
- 7.4.3. Large Enterprises
- 7.5. Market Analysis, Insights and Forecast – By End User
- 7.5.1. BFSI
- 7.5.2. Healthcare
- 7.5.3. Government
- 7.5.4. Others
- 7.6. Market Analysis, Insights and Forecast – By Country
- 7.6.1. UK
- 7.6.2. Germany
- 7.6.3. France
- 7.6.4. Italy
- 7.6.5. Spain
- 7.6.6. Russia
- 7.6.7. Rest of Europe
8. Asia Pacific Database as a Service Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Type
- 8.2.1. SQL
- 8.2.2. NoSQL
- 8.3. Market Analysis, Insights and Forecast – By Deployment Type
- 8.3.1. On-Cloud
- 8.3.2. On-Premises
- 8.4. Market Analysis, Insights and Forecast – By Organization Size
- 8.4.1. Small Enterprises
- 8.4.2. Medium Enterprises
- 8.4.3. Large Enterprises
- 8.5. Market Analysis, Insights and Forecast – By End User
- 8.5.1. BFSI
- 8.5.2. Healthcare
- 8.5.3. Government
- 8.5.4. Others
- 8.6. Market Analysis, Insights and Forecast – By Country
- 8.6.1. China
- 8.6.2. India
- 8.6.3. Japan
- 8.6.4. Australia
- 8.6.5. South East Asia
- 8.6.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Database as a Service Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Type
- 9.2.1. SQL
- 9.2.2. NoSQL
- 9.3. Market Analysis, Insights and Forecast – By Deployment Type
- 9.3.1. On-Cloud
- 9.3.2. On-Premises
- 9.4. Market Analysis, Insights and Forecast – By Organization Size
- 9.4.1. Small Enterprises
- 9.4.2. Medium Enterprises
- 9.4.3. Large Enterprises
- 9.5. Market Analysis, Insights and Forecast – By End User
- 9.5.1. BFSI
- 9.5.2. Healthcare
- 9.5.3. Government
- 9.5.4. Others
- 9.6. Market Analysis, Insights and Forecast – By Country
- 9.6.1. Brazil
- 9.6.2. Saudi Arabia
- 9.6.3. UAE
- 9.6.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Amazon
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. CenturyLink
- 10.6. Google (Alphabet Inc.)
- 10.7. IBM
- 10.8. Microsoft
- 10.9. Oracle
- 10.10. Rackspace Technology Inc.
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
