Market Overview

Increasing need for reliable database services propelling the cloud-based database market growth


Today company operations are all based on the computers and networks. Data base service is one such example which helps in storing and managing a company’s wide range of data. Reports and Intelligence adds a report titled “Global Cloud-based Database Market 2014-2018.” The report states that the global cloud-based database market is expected to register a CAGR of 62.1% during the forecast period i.e. 2013-2018.

Database services are provided on the basis of on-demand and on-premises. On-demand database services are the most increasing and widely accepted database service in most of the companies, which are also known as cloud-based databases. A cloud-based database has many features, which help the organizations to fulfill their business needs, for example, end to end solutions are offered by the service providers. A cloud-based database also provides easy scalability options, immediate access to database services, low maintenance and low cost.

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The report on global cloud based database service provides you perfect estimate of the market size by considering the sales generated from database software through cloud and other related services. The report provides extensive information on the latest trends in the global market and the growth rate of the cloud-based database market during the forecast period i.e. 2013-2018.

As per the report, an increase in the use of web and mobile applications, which further increases the generation of structured and unstructured data would propel the market growth in the coming years. The increasing use of advanced technologies in the field database market makes it competent and reliable for many businesses across the globe. However, security challenge is major concern for the global market.

The report provides an in-depth analyzed data on the future market size of the global cloud-based database market and the factors leading to the market expansion. A detailed discussion on the latest market trends to meet the end consumers demand are also included in the report. The report further provides market insights related to the factors that influence the market growth and also the challenges faced by the market in various geographical regions. SWOT analysis of the market would provide a better idea of the market driving the businesses to invest accordingly.

The report covers America, EMEA and APAC regions in the geographical segment. The report is a detailed study on the various factors affecting the positive and negative growth of the market in the various geographical regions. The report profiles some of prominent players in the market such as Teradata, SAP, Amazon Web Services, Microsoft, Google, Oracle, IBM, Rackspace Hosting, Cassandra,, MongoDB and Couchbase.

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The preceding article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.


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