target audience: TECH SUPPLIER Publication date: Sep 2023 - Document type: Market Analysis Perspective - Doc Document number: # US50228623
Market Analysis Perspective: Worldwide Database Management Systems, 2023
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Abstract
This IDC Market Analysis Perspective (MAP) reviews the data and analysis coverage found in the Data Management Software program for database management systems (DBMSs) software, including the six submarkets (relational DBMS, navigational DBMS, low-code DBMS, non-schematic operational DBMS, data lake managers, and in-memory shared data managers). It includes a competitive view of the market with revenue shares and history as well as a future view including the five-year forecast, with commentary on the market overall.
"Data volumes are continuing to explode, and enterprises are struggling to keep up. The only answer is higher-capacity databases," says Carl Olofson, research vice president for Data Management Software research at IDC. "An increase in database size and complexity means more database technology investment and growth, especially for those DBMSs that include database size as a subscription cost factor."