Cloud Database and DBaaS market set to grow significantly, driven by cloud-native applications and hybrid deployment

From GlobeNewswire: 2025-06-30 10:00:00

The Cloud Database and DBaaS Market was valued at USD 17.51 billion in 2023 and is projected to reach USD 77.65 billion by 2032, with a CAGR of 18.07% driven by cloud-native applications, cost-effective solutions, and the shift to scalable, on-demand database services. The US market is expected to reach USD 21.00 billion by 2032.

Key players in the market include Google, Nutanix, Oracle, IBM, SAP, AWS, Alibaba Cloud, MongoDB, Microsoft, Teradata, and many more. The market scope includes key segments like solution, service, database type, deployment, enterprise size, and end-use sectors.

In 2023, the Solution segment dominated the market share due to the need for instant, scalable, and secure data platforms. The NoSQL segment is poised for the fastest growth, driven by rising unstructured data volumes. Large enterprises led the market revenue in 2023, with the IT & Telecommunications sector at the forefront.

Hybrid deployment is projected to grow the fastest, with a CAGR of 20.30% from 2024 to 2032, offering a balance between control and scale factors. North America led the market in 2023, while Asia Pacific is set to witness the fastest growth due to digital transformation and infrastructure development.

SNS Insider is a leading market research and consulting agency providing clients with up-to-date market data, consumer insights, and opinions to make informed decisions in changing circumstances. Our techniques include surveys, video talks, and focus groups to deliver accurate and relevant information for confident decision-making.



Read more at GlobeNewswire: Cloud Database and DBaaS Market to Reach USD 77.65 Billion