Global Cloud Database Market is poised to reach $65.86 billion by 2022

Cloud database MarketCloud database Market Outlook – Global Trends, Forecast, and Opportunity Assessment (2014-2022)

The Global cloud database Market is estimated at $1.11 billion in 2014 and is poised to reach $65.86 billion by 2022, growing at a CAGR of 66.6% from 2014 to 2022. Innovations in ways of data storing and memory distribution are some of the key factors driving the market growth. The demand of cloud database solutions is anticipated to nurture in near-term, as conventional approach for storing databases are complex to manage. However, factors such as security and privacy concerns could inhibit the growth of this market.

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NoSQL is a small but growing segment of the database market, especially for companies with big data requirements that don’t fit well into conventional SQL databases. Oracle, a giant in the SQL database market now has NoSQL offering. With the improved interest in NoSQL databases, a rising market of vendors has blossomed to offer NoSQL databases either as on-location software installations or on a public cloud.

The key players in global cloud database market are Oracle Corporation, Microsoft Corporation, IBM, Google Inc., Amazon, Century Link Inc., CSC, Rackspace, Salesforce.Com and SAP AG.

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Database Covered:
• SQL Database
• NoSQL Database

Operating systems Covered
• Service models
o Public Cloud
o Private Cloud
o Hybrid Cloud
o Virtual Private Cloud
• Deployment Models

Applications covered
• Healthcare
• IT & Telecom
• Government
• Banking, Financial Services, and Insurance (BFSI)
• Academic
• Others

Software covered
• Database Encryption
• Backup and Recovery
• Data Scaling and Replication
• Database Application Builder
• Others

End user’s covered
• Small and Medium Businesses
• Large Enterprises
Services covered
• Training and consulting
• Support and maintenance

Regions Covered:
• North America
o US
o Canada
• Europe
o Germany
o France
o Italy
o UK
o Spain
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia
• Rest of the World
o Latin America
o Middle East
o Africa
o Others

William Mckeown is a qualitative researcher who specializes in technology , moderating and online community management. He combines his experience in forthcoming technology research. He has conducted qualitative research in a variety of industries. These include: ad tracking, consumer packaged goods (CPGs), healthcare, pharmaceutical, food/beverage, alcohol/spirits, B2B, banking, insurance, automotive, apparel, beauty/cosmetics, and mobile technology.

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