Global Cloud Database Market is accounted for $2.1 billion in 2018 and is expected to reach $68.9 billion by 2025 growing at a CAGR of +65% during the forecast period.
The cloud database solutions have empowered organizations to focus on their core business competencies by relying on the cloud resources completely. Various cloud databases are becoming relevant as they improve the overall efficiency of the client offerings and reduce the support and maintenance considerably, giving almost total control of operations over the data which is stored.
Growing implementation of cloud database market and DBaaS results in value proposition which drives business agility reduces costs, improves service resilience, performance guarantee and a couple of other benefits. The value proposition is the innovation of several features and services which make the product of a company attractive to customers.
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Top Key Players:
Oracle Corporation, Google Inc., SAP AG, CSC (Computer Science Corporation), Microsoft Corporation, Century Link Inc., Amazon, Salesforce.Com, IBM and Rackspace Inc.
Different regions of the Cloud Database Market, such as North America, Latin America, Japan, China, Asia Pacific, and India are considered to examine the facts of the leading key players. Through quantitative and qualitative analysis, this report has summarized about the significant pillars that can boost the performance of industries. For a strong understanding of the market strategy, it studies the forecast period such as 2019-2026.
Cloud Database Market Segmentation:
- SQL Database
- NoSQL Database
- Service Models
- Public Cloud
- Private Cloud
- Hybrid Cloud
- Virtual Private Cloud
- Deployment Models
- Database as a Service (DBaaS)
- Platform as a service (PaaS)
- Infrastructure as a Service (IaaS)
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Currently, value proposition coupled with technology is fueling success in the cloud. Therefore, a number of large enterprises, as well as small and medium-sized enterprises, have adopted a value proposition to witness a unique and compelling breakthrough. Furthermore, the technology value proposition is expected to be one of the major factors fueling the growth of the cloud database market over the forecast period.
Key Reasons to Purchase:
- To gain insightful analyses of the market and have a comprehensive understanding of the Cloud Database Market and its commercial landscape.
- Assess the Cloud Database production processes, major issues, and solutions to mitigate the development risk.
- To understand the most affecting driving and restraining forces in the Cloud Database and its impact in the global market.
- Learn about the market strategies that are being adopted by leading respective organizations.
- To understand the outlook and prospects for the Cloud Database market.
The report provides information on the technological advancements that are bound to take place in the coming years or are currently taking place in the market. Furthermore, the threats faced by the main player’s dominant in the global Cloud Database market have been highlighted. The geographical segmentation of the global Cloud Database entails the dominant regions in the market during the forecast period. Information on the region leading this market and the reasons for the dominance of this region are also some of the aspects highlighted under this section of the report.
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