Asia-pacific cloud database and DBaaS market are projected to grow at a significant CAGR during the forecast period (2020-2026). The market is mainly driven by the increasing deployment of cloud services in small and medium enterprises (SMEs) in various countries such as China, India, Japan, and others. Along with that SMEs are perceived as the major driving factor of the growth in the adoption of cloud services. SMEs constitute the most significant percentage of the private sector in the region. Technological development can act as the driver towards SMEs enhancing the cloud infrastructure in the region that propels the market growth.
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Furthermore, the rising deployment of secured cloud servers raises the demand for cloud database services through cloud services. According to the World Bank in 2015, there were 15,313 secured internet servers in India, which further increased to 254,032 in 2018. The secured internet servers are being used by various industries such as BFSI, Healthcare, Government organizations, and others are required the secure and safe cloud services for their confidential data and information. There were 26,989 secured internet servers in China, which further increased to 622,142 in 2018. In Japan in 2015, there were 191,255 secured internet servers that further increased to 1,476,696 in 2018.
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Asia-pacific 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.)
