Database Management System Market Projected to Reach USD
From GlobeNewswire: 2025-05-05 09:00:00
The Database Management System (DBMS) market was valued at USD 85.48 billion in 2023, projected to grow to USD 225.17 billion by 2032 at a CAGR of 11.41%. Major players include Amazon Web Services, Google Cloud, IBM, Microsoft, MongoDB, Oracle, and more. The market is driven by data volume growth, cloud adoption, and digital transformation trends.
The U.S. DBMS market was valued at USD 24.68 billion in 2023, expected to reach USD 64.93 billion by 2032 with a CAGR of 11.34%. Growth is fueled by data-driven decision-making, cloud computing, AI integration, and digital transformation. Relational databases dominate the market, while non-relational databases are growing rapidly.
Relational databases held a 64% revenue share in 2023, favored for structured data storage and compliance. Non-relational databases will see a 12.81% CAGR, driven by social media and big data analytics needs. Cloud-based DBMS lead with a 66% revenue share, benefitting from scalability and cost-effective pricing.
Large enterprises controlled 71% of the DBMS market in 2023, with high data needs and regulatory demands. SMEs are expected to grow at a 12.96% CAGR, seeking cost-efficient solutions. The BFSI industry dominates the market, while healthcare & life sciences are projected to grow at a rapid 14.57% CAGR from 2024 to 2032. The healthcare industry’s need for scalable DBMS solutions is driven by regulatory requirements, data security, and real-time patient tracking. North America leads the market with 41% revenue share, while the Asia Pacific region is expected to grow rapidly at a CAGR of 13.15% due to digitalization and cloud adoption, especially in sectors like e-commerce and fintech.
Segments in the Database Management System market include type, deployment, organization size, and vertical, with North America leading due to high cloud adoption and investments in data-centric technologies. The Asia Pacific region is poised for rapid growth at a CAGR of 13.15%, driven by digitalization and cloud adoption in sectors like e-commerce and fintech.
The Database Management System market is segmented by type, deployment, organization size, and vertical, with North America leading at 41% revenue share. The Asia Pacific region is expected to grow rapidly at a CAGR of 13.15%, driven by digitalization and cloud adoption. Sectors like e-commerce and fintech are key drivers of this growth.
North America leads the Database Management System market with a 41% revenue share, driven by technology firms and high cloud adoption rates. The Asia Pacific region is expected to experience rapid growth at a CAGR of 13.15%, fueled by digitalization and growing cloud adoption in sectors like e-commerce and fintech.
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