Enterprise Database Management System (DBMS) Market growth opportunity and industry forecast to 2026

Global Enterprise Database Management System (DBMS) Market by User Types, Software, Deployment Types, End-user Vertical, and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026

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Global enterprise database management system (DBMS) Market was valued at USD 65.30 billion in 2019 and is expected to reach USD 155.50 billion by 2026, expanding at a CAGR of around 11.1% during the forecast period, 2020–2026.

Database management has been influential and helpful in increasing efficiency by executing multiple queries simultaneously. The databases are mostly used in strategizing, planning, and organizing work.

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Market Drivers, Restraints, Opportunities, and Trends: ● Data maintenance is becoming easier and gaining popularity due to extensive database wide presence and high investments in the R & D of the hospital industry and hence boosting the growth of the market. ● Cloud-based storage applications have been helpful in simplifying data transfer between employees and increasing reliability among number of users. ● Validation of address and data silos are the restraining factors which are expected to hinder the growth of the market. ● Increasing adoption of data quality and data integration are set to provide lucrative opportunities in the growth of the market.

Ask for discount@ https://dataintelo.com/ask-for-discount/?reportId=79627 Competitive Landscape: Major companies in the global enterprise database management system (DBMS) Market include Oracle Corporation, Embarcadero Technologies, SAP, IBM Corporation, MarkLogic, Hewlett-Packard, Microsoft Corporation, Amazon WebServices, Enterprise, InterSystems, Cloudera, MariaDB Corporation, and Teradata. The market position is highly concentrated or fragmented due to the presence of large number of competitors. There has been constant innovation to keep pace with the emerging technologies and attain a loyal customer base in the market.

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