Market Research Reports, Business Consulting Services & Analytics
Growing demand for Database as a service and Rising Data Storage Requirements will aid the Relational Database Market.
HYDERABAD, TELANGANA, INDIA, October 14, 2022 /EINPresswire.com/ — IndustryARC, in its latest report, predicts that Relational Database Market is forecast to reach $18.8 billion by 2026, after growing at a CAGR of 38.4% during 2021-2026 forecast period. With rise in the adoption of IoT technologies and the usage of cloud database for computing in various organizations for different applications is analyzed to boost the Relational Database Market. The report offers a complete analysis of the market, its major segments, growth factors, trends, drivers and challengers, key players and more.
Click here to browse the complete report summary:
https://www.industryarc.com/Report/19213/relational-database-market.html
Key takeaways:
This IndustryARC report on the Relational Database Market highlights the following areas –
1. North America dominates the Relational Database Market owing to high adoption of cloud computing and storage by the large enterprises and SMEs in the region.
2. The growing demand from large scale enterprises for digital database management and storage is likely to aid in the market growth of Relational Database Market during the forecast period 2021-2026.
3. The increased number of investments in the IoT applications and its impact on the IT and telecom industry is analyzed to impose a significant rise in the demand for data management services thereby creating significant number of opportunities in Relational Database Market during 2021-2026.
Interested in knowing more relevant information? Click here:
https://www.industryarc.com/pdfdownload.php?id=19213
Segmental Analysis:
1. Large enterprises held the largest share in the Relational Database Market in 2020 and is projected to grow at a CAGR of 40.1% through 2026. Large enterprises are majorly opting for private cloud databases based on SQL thereby ensuring security along with additional benefits including reduced infrastructure configuration, management overheads and so on.
2. In 2020, North America dominated the Relational Database Market with a market share of 41.5%, followed by APAC and Europe. The major factors contributing to the major market share is the presence of large cloud database vendors including Amazon, Google, Oracle and so on, as they provide enhanced advanced technical architecture and cloud database security to the customers in this region thereby boosting the market during the forecast period 2021-2026.
3. IT and Telecom held the major market share in the Relational Database Market in 2020 and is also analyzed to grow at highest CAGR of 46.70% during the forecast period 2021-2026.
Competitive Landscape:
The top 5 players in the Relational Database Industry are –
1. Google Inc.,
2. Amazon,
3. Oracle corp.,
4. Microsoft corp.,
5. IBM Corp.,
Click on the following link to buy the Relational Database Market Report:
https://www.industryarc.com/reports/request-quote?id=19213
Why Choose IndustryARC?
IndustryARC is one of the leading market research and consulting firms in the world. It produces over 500 unique market reports annually. If you are looking for a detailed overview of a particular market, you can simply connect with the team at IndustryARC. You can not only buy your preferred market report from the website, but also get personalized assistance on specific reports.
Related Reports:
A. Cloud Non-Relational Database Market
https://www.industryarc.com/Report/19215/cloud-non-relational-database-market.html
B. Cloud Database Security Market
https://www.industryarc.com/Research/Cloud-Database-Security-Market-Research-502707
Contact Us:
Mr. Venkat Reddy
IndustryARC
Email: venkat@industryarc.com, sales@industryarc.com
USA: (+1) 970-236-3677, (+1) 815-656-4596
IND: (+91) 40-485-49062
Venkat Reddy
IndustryARC
+1 614-588-8538
venkat@industryarc.com
Visit us on social media:
Facebook
Twitter
LinkedIn
