target audience: TECH SUPPLIER Publication date: Jun 2023 - Document type: Market Forecast - Doc Document number: # US50719723
Worldwide Database Management Systems Software Forecast, 2023–2027
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Abstract
This IDC study provides software revenue for the worldwide database management systems software market for 2023-2027, broken out by deployment type (public cloud versus on premises/other), geographic region, and submarket. It includes observations on factors that propel the market, forecast assumptions, and actionable advice.
"It is a generally accepted fact that data volumes are continuing to explode and enterprises are struggling to keep up. The only answer is higher capacity databases," said 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."