The US cloud database and DBaaS market are projected to grow at a significant CAGR during the forecast period. Increasing internet penetration rate leads to rising adoption of data applications and accessibility of data to mobile devices, which results in increasing demand for data sources. These give rise to the increasing requirement of storage and data processing capacity on the cloud server. In addition, the presence of key market players such as Amazon Web Services, Google Inc., Microsoft Corporation, is also estimated to drive the growth of the market by providing advanced cloud database services to the various enterprises in the country.
A full report of US Cloud Database and DBaaS Market is available at: https://www.omrglobal.com/industry-reports/us-cloud-database-and-dbaas-market
There were around 5,954,000 firms in the US in 2016, which increased to nearly 5,997,000 in 2017 as per the data provided by census.gov. Moreover, the organization also stated that over the period 2016-2017, the number of firms in the country continues to increase. Firms having 20 to 99 employees have increased by over 6 thousand units. Whereas, firms having people around 100 to 499 increased by 1,700 units over the same period. The growing number of enterprises creates demand for cloud database services in the country, which further creates significant growth in the cloud database and DBaaS industry.
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Market Coverage
- Study Period- 2019-2026
- Base year- 2019
- Forecast period- 2020-2026
- Segments Covered- By Database Type, Deployment Model, and by Industry
- Key Companies Profiled- Microsoft Corp., Google, LLC, IBM Crop. Oracle Corp., and Amazon Web Services, Inc., and others.
Key Questions Addressed by the Report
- What is the market growth rate during the forecast period?
- Which segment dominates the market in the base year?
- Which segment will project the fastest growth in the market during the forecast period?
- How COVID-19 will impact the market growth in 2020 and the coming years?
o Recovery Timeline
o Deviation from the pre-COVID forecast
o Most affected segment
o Recommendations
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
US Cloud Database and DBaaS Market – Segmentation
By Database Type
- NoSQL
- SQL
By Deployment Model
- Private Cloud
- Public Cloud
- Hybrid Cloud
By Industry
- BFSI
- IT & Telecom
- Healthcare
- Retail
- Energy and Utilities
- Media & Entertainment
- Others (Manufacturing)
This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.
