Global Database Engines
Market Report
2024
The Global Database Engines market size is USD 1.5 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 25.50% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, The Global Database Engines market size is USD 1.5 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 25.50% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Database Engines Market Sales Revenue 2023 | $ 1.5 Billion |
Global Database Engines Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 25.5% |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Database Engines industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Database Engines Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
A database engine serves as a fundamental element of a Database Management System (DBMS), taking charge of the organization, retrieval, and manipulation of data. Its primary functions include maintaining data integrity and security, as well as facilitating efficient data querying. MySQL, PostgreSQL, Oracle, SQL Server, and MongoDB are well-known database engines that provide unique features to cater to different business needs. The demand for these engines continues to grow, driven by factors like advancements in Artificial Intelligence (AI) and Machine Learning (ML), technological progress, and the increasing volume of data.
These developments empower businesses to offer better-tailored solutions and services, which, in turn, contribute to the growth of the Database Engines industry.
For instance, Seagate introduced the Lyve cloud analytics system in October 2022. This all-inclusive cloud-based solution includes storage, analytics, and computing capabilities. Seagate enables businesses to leverage their stored data within an open data infrastructure, enabling petabyte-scale analytics. This advancement promotes innovation and facilitates seamless implementation.
The growth of the database engines market is the widespread adoption of cloud computing. As businesses increasingly migrate their operations to the cloud, the demand for robust, scalable, and efficient database engines has surged. Cloud-based database solutions offer several advantages, including flexibility, cost-effectiveness, and accessibility. Enterprises are leveraging cloud-native database engines to manage vast amounts of data without the need for substantial on-premises infrastructure.
Dell Technologies introduced a new collaboration and market alignment with Snowflake in May 2022. This collaboration brings together Dell's on-premise storage system with Snowflake's cloud technology solutions, providing users with versatile operations in multi-cloud infrastructure and meeting data sovereignty requirements.
Moreover, cloud platforms provide tools and services for real-time analytics, artificial intelligence, and machine learning, enhancing the capabilities of database engines. The ease of deployment and management in the cloud environment has made it a preferred choice for businesses of all sizes, driving the market's growth.
(Source:www.dell.com/en-in/blog/snowflake-and-dell-partnership-gains-momentum/)
The growing emphasis on data security and compliance. With the increasing frequency and sophistication of cyber-attacks, businesses are prioritizing secure data management solutions. Database engines equipped with advanced security features such as encryption, access controls, and audit trails are in high demand. Additionally, regulatory requirements related to data protection and privacy, such as GDPR in Europe and HIPAA in the United States, are compelling organizations to invest in database engines that ensure compliance. Due to the potential for extensive financial and reputational harm, companies are eager to allocate resources towards advanced database engines that offer strong security features. The focus on data security and compliance not only drives the adoption of database engines but also fosters innovation, leading to the development of more secure and efficient solutions in the market.
The growing concern over data privacy and the evolving landscape of regulations. As data breaches become more prevalent and publicized, consumers and businesses are becoming increasingly cautious about how their data is collected, stored, and utilized. The increased consciousness surrounding this matter has resulted in strict regulations concerning data protection, such as the General Data Protection Regulation (GDPR) in Europe and the California Consumer Privacy Act (CCPA) in the United States. Complying with these regulations obligates companies to enforce rigorous data security measures, which have an impact on the design and functioning of database engines.
The COVID-19 pandemic significantly impacted the Database Engines Market as businesses across the globe faced unprecedented challenges. With remote work becoming the norm, the demand for cloud-based database solutions surged, driven by the need for scalable, accessible, and secure data management. Enterprises accelerated their digital transformation initiatives, leading to increased adoption of database engines that support online collaboration, e-commerce, and digital services. However, the economic uncertainties caused some organizations to delay or scale down their I.T. investments, affecting the market growth to some extent. Moreover, data security concerns became paramount as remote operations led to heightened cyber threats.
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The database engines market is fiercely competitive, driven by technological advancements and the increasing demand for efficient data management solutions. Leading players are focusing on strategic collaborations, product innovations, and mergers to gain a competitive edge. Continuous technological advancements, strategic partnerships, and a customer-centric approach remain pivotal for companies aiming to thrive in the dynamic Database Engines Market.
March 2021:Equinix and Pure Storage joined forces to deliver fast physical infrastructure. Pure Storage provides solutions for storing data across multiple cloud platforms. Equinix Metal, powered by Pure Storage, offers a comprehensive infrastructure package that includes on-demand networking, computing, storage, deployment, and physical provisioning, all from a single vendor and contract.
(Source:www.purestorage.com/company/newsroom/press-releases/pure-equinix-partner-to-deliver.html)
May 2021:Hewlett Packard (H.P.) Enterprise has revealed significant advancements that have revolutionized its storage offerings in the software-defined data and cloud-native services industry. These cutting-edge solutions enable seamless access to the ever-expanding amount of data, tackle the challenges posed by data silos and complexity, enhance agility and foster innovation, all while reducing potential business risks.
Top Companies Market Share in Database Engines Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America stands as a dominant region in the Database Engines Market due to its robust technological infrastructure, high adoption of advanced technologies, and the presence of major market players. The area is home to numerous large enterprises, tech startups, and research institutions that heavily rely on sophisticated database engines to manage vast volumes of data. Moreover, the culture of innovation and early adoption of cutting-edge solutions in North America propels the constant evolution of database technologies, making it a hub for market growth and development. Within North America, the United States of America (USA) stands out as the dominant country in the Database Engines Market. The USA's dominance can be attributed to several factors, including its thriving business landscape, a high number of tech giants and startups, and a culture that encourages innovation and entrepreneurship. The USA is a global leader in various industries, such as finance, healthcare, e-commerce, and technology, all of which rely heavily on advanced database solutions. The country's large-scale enterprises demand robust, scalable, and secure database engines to handle their extensive datasets.
The database engine market is experiencing rapid growth in the Asia-Pacific region due to several key factors. Firstly, the expanding digital transformation initiatives across various industries in countries like China, India, Japan, and South Korea have led to an exponential increase in data generation. As businesses in these nations modernize their operations, they require advanced database engines to handle, process, and analyze this vast volume of data efficiently. Secondly, the burgeoning startup ecosystem in countries like India and Singapore is driving the demand for scalable and cost-effective database solutions. Startups, in particular, need flexible and agile database engines to support their dynamic business models and evolving data requirements.
The current report Scope analyzes Database Engines Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Global Database Engines Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Database Engines Industry growth. Database Engines market has been segmented with the help of its Type, Application , and others. Database Engines market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research,the dominant category is undoubtedly the storage engine. Storage engines are fundamental components responsible for the storage, retrieval, and management of data in databases. They form the backbone of database systems, determining how data is stored on disk and how it can be efficiently retrieved for processing. Storage engines play a pivotal role in ensuring data integrity, security, and reliability. As businesses deal with ever-increasing volumes of data, the efficiency and scalability of storage engines become crucial. Modern storage engines are designed to handle vast amounts of data, provide high availability, and offer robust disaster recovery mechanisms.
The fastest-growing category is the query engine. Query engines are pivotal in the process of retrieving specific data from databases. With the increasing complexity of business operations and data analysis requirements, the demand for advanced querying capabilities has surged. Modern businesses rely heavily on data-driven insights, making the ability to query databases swiftly, accurately, and in real time a critical necessity. Query engines equipped with advanced algorithms, parallel processing capabilities, and support for complex queries are in high demand. Businesses seek query engines that can handle large datasets efficiently, provide quick responses to complex queries, and integrate seamlessly with analytical tools.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Database Engines Industry. Request a Free Sample PDF!
The dominant category is undoubtedly large enterprises. Large enterprises operate on a scale that demands sophisticated database solutions to handle massive volumes of data generated from various sources within the organization. These organizations require robust, scalable, and high-performance database engines to support their complex operations, large user base, and extensive data analysis needs. Large enterprises often deal with diverse data types, ranging from transactional data to multimedia content, necessitating versatile database engines that can efficiently handle these data formats.
According to Cognitive Market Research, the fastest-growing category is small and medium-sized enterprises (SMEs). SMEs are the backbone of many economies, and their digital transformation journey has accelerated in recent years. As these businesses expand their operations, they are increasingly relying on data-driven insights to enhance their decision-making processes and gain a competitive edge. Database engines tailored for SMEs offer cost-effective solutions without compromising on essential features. Cloud-based, user-friendly, and easily deployable database engines have become popular among SMEs due to their affordability and accessibility. Additionally, the increasing recognition of the significance of data analytics in stimulating business expansion has encouraged small and medium-sized enterprises (SMEs) to allocate resources towards database solutions that enable them to efficiently store, oversee, and evaluate their data.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Database Engines market report 2024 Edition by contacting our team.
Senior Research Analyst at Cognitive Market Research
ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Database Engines Market is witnessing significant growth in the near future.
In 2023, the Storage Engine segment accounted for noticeable share of global Database Engines Market and is projected to experience significant growth in the near future.
The Large Enterprises segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies MongoDB , Microsoft and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
1.Do we need so many databases?
Disclaimer:
Type | Storage Engine, Query Engine |
Application | Large Enterprises, Small and Medium-Sized Enterprises, Private, Others |
List of Competitors | MongoDB, Google, Microsoft, Oracle, Percona, Redis Labs, Facebook, IBM |
This chapter will help you gain GLOBAL Market Analysis of Database Engines. Further deep in this chapter, you will be able to review Global Database Engines Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Database Engines Market Trends North America Database Engines Technological Road Map North America Database Engines Market Drivers North America Database Engines Market Restraints North America Database Engines Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
You can purchase only the Executive Summary South America Market (2019 vs 2024 vs 2031)
Chapter 6 Middle East and Africa Market Analysis
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Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Database Engines market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Storage Engine have a significant impact on Database Engines market? |
What are the key factors affecting the Storage Engine and Query Engine of Database Engines Market? |
What is the CAGR/Growth Rate of Large Enterprises during the forecast period? |
By type, which segment accounted for largest share of the global Database Engines Market? |
Which region is expected to dominate the global Database Engines Market within the forecast period? |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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