According to Future Market Insights research, during the projected period, the global managed database services market is expected to grow at a CAGR of 13.1%. The market value is projected to increase from US$ 347.9 billion in 2023 to US$ 999.7 billion by 2033. The managed database services market was valued at US$ 317.7 billion at the end of 2022 and is anticipated to exhibit Y-o-Y growth of 12.7% in 2023.
The widespread adoption of cloud computing is fueling the demand for managed database services. Organizations are shifting their infrastructure to the cloud to leverage its scalability, cost-efficiency, and flexibility, leading to a growing need for managed database services to handle their data management needs.
Managed database services providers are developing industry-specific solutions to cater to the unique requirements of different sectors such as healthcare, finance, retail, and manufacturing. These tailored solutions offer specialized features and compliance measures specific to each industry, further driving the adoption of managed database services.
Other Drivers Propelling the Demand for Managed Database Services include:
Challenges for Companies /Developers in the Managed Database Services Market:
Opportunities in the Managed Database Services Industry:
Latest Trends in the Managed Database Services Market:
| Attributes | Details |
|---|---|
| Managed Database Services Market Size (2023) | US$ 347.9 billion |
| Managed Database Services Market Projected Size (2033) | US$ 999.7 billion |
| Value CAGR (2023 to 2033) | 13.10% |
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From 2018 to 2022, the global Managed Database Services market experienced a CAGR of 11.0%, reaching a market size of US$ 347.9 billion in 2023.
From 2018 to 2022, the global managed database services market witnessed steady growth due to the demand for managed database services started gaining traction as organizations recognized the benefits of offloading the management and maintenance of their databases to specialized service providers. Later on the increasing adoption of edge computing, IoT, and emerging technologies is expected to drive the demand for managed database services that can handle the unique requirements of these environments.
Looking ahead, the global managed database services market is expected to rise at a CAGR of 13.10% from 2023 to 2033. During the forecast period, the market size is expected to reach US$ 999.7 billion.
The Managed Database Services industry is expected to continue its growth trajectory from 2023 to 2033, driven by increasing regulatory requirements and the need to protect sensitive data will drive the demand for managed database services that offer robust security measures, encryption, access controls, and compliance management capabilities.
The market is also likely to witness significant growth in the East Asia, South Asia Pacific and Middle East and Africa region due undergoing significant digital transformation, with a focus on sectors such as finance, telecommunications, and government. Additionally, organizations in this region are investing in data security measures, driving the demand for managed services.
Principal Consultant
| Country | The United States |
|---|---|
| Market Size (US$ billion) by End of Forecast Period (2033) | US$ 168.0 billion |
| CAGR % 2023 to End of Forecast (2033) | 9.6% |
The managed database services industry in the United States is expected to reach a market share of US$ 168.0 billion by 2033, expanding at a CAGR of 9.6%. The managed database services industry in the United States is expected to witness growth by offering solution by taking over the management of a business's database.
This frees up businesses to focus on their core operations, while ensuring that their data is safe and secure. Additionally, there are a few other factors expected to drive the demand for Managed Database Services in the country are:
| Country | The United Kingdom |
|---|---|
| Market Size (US$ billion) by End of Forecast Period (2033) | US$ 64.0 billion |
| CAGR % 2023 to End of Forecast (2033) | 11.1% |
The managed database services market in the United Kingdom is expected to reach a market share of US$ 64.0 billion, expanding at a CAGR of 11.1% during the forecast period. The United Kingdom market is projected to experience growth owing to the rising demand for Managed Database Services in the It and Telecom industry.
Businesses in the United Kingdom are increasingly concerned about the security of their data, and they are looking for ways to comply with data privacy regulations. Managed database services providers offer a number of security features, and they can help businesses to meet their compliance requirements.
| Country | China |
|---|---|
| Market Size (US$ billion) by End of Forecast Period (2033) | US$ 108.0 billion |
| CAGR % 2023 to End of Forecast (2033) | 15.5% |
The managed database services market in China is anticipated to reach a market share of US$ 108.0 billion, moving at a CAGR of 15.5 % during the forecast period. The managed database services in China is shows growth due to the increasing adoption of big data and analytics in the manufacturing industry. In addition, managed database services can help manufacturers to store, manage, and analyze their data more effectively. This can lead to improved decision-making, increased productivity, and reduced costs.
| Country | Japan |
|---|---|
| Market Size (US$ billion) by End of Forecast Period (2033) | US$ 86.6 billion |
| CAGR % 2023 to End of Forecast (2033) | 13.0% |
The managed database services industry in Japan is estimated to reach a market share of US$ 86.6 billion by 2033, thriving at a CAGR of 13.0%. The market in Japan is predicted to grow because of the increasing adoption of managed database services in supply chain management industries leads to scalable and reliable platform for storing and managing their data. Also, increasing focus on operational efficiency, growing demand for big data analytics are also expected to drive market growth.
| Country | Australia |
|---|---|
| Market Size (US$ billion) by End of Forecast Period (2033) | US$ 73.4 billion |
| CAGR % 2023 to End of Forecast (2033) | 12.5% |
The managed database services industry in Australia is expected to reach a market share of US$ 73.4 billion, expanding at a CAGR of 12.5% during the forecast period. The market in Australia is forecasted to witness growth due to the increasing adoption of cloud computing, the need for efficient data management, and the growing importance of data-driven decision-making. Also, it offer secure and compliant platforms to manage and analyze data, facilitating effective governance, policy-making, and service delivery to government and public sector.
The database administration is expected to dominate the managed database services industry with a CAGR of 9.7% from 2023 to 2033. This segment captures a significant market share in 2023 due to increasing complexity of databases, the growing demand for database services, and the shortage of skilled database administrators.
The increasing complexity of databases is one of the main drivers of growth in the database administration segment. As databases become more complex, it becomes increasingly difficult for businesses to manage them in-house. High performance data center technologies are attracting large customer demands from various industries.
The BFSI vertical is expected to dominate the managed database services industry with a CAGR of 15.7% from 2023 to 2033. Because of the rigorous laws for data storage and protection in this market, data is the most important component of BFSI organisations. Furthermore, BFSI is a sector characterized by digitalization, and the growing number of clients who use various banking applications has led in the banking and financial services industry seeing exponential increase in data. Furthermore, BFSI manages hundreds of virtual and physical servers which require a better database management services.
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The managed database services industry is highly competitive, with numerous players vying for market share. In such a scenario, key players must adopt effective strategies to stay ahead of the competition.
Key Strategies Adopted by the Players
Key players focus on offering unique and differentiated services to stand out in the market. This can include specialized database management solutions tailored to specific industries, advanced analytics capabilities, comprehensive security features, and seamless integration with other cloud services.
Collaborating with technology partners and cloud service providers can help key players expand their service capabilities and reach. By forming strategic alliances, companies can offer integrated solutions, leverage complementary technologies, and tap into new customer segments.
Key players in the managed database services industry provide round-the-clock monitoring, proactive maintenance, and prompt support services to address any performance or availability issues promptly. Timely response and resolution to customer queries and problems contribute to customer satisfaction and loyalty.
Key players focus on implementing stringent security measures, including encryption, access controls, authentication mechanisms, and regular security audits. They also ensure compliance with industry regulations, such as GDPR (General Data Protection Regulation) and HIPAA (Health Insurance Portability and Accountability Act), to instill trust and confidence in their services.
Key Players in the Managed Database Services Industry
Key Developments in the Managed Database Services Market:
Amazon Web Services announced a collaboration with Google Cloud to offer a joint solution for data analytics. The AWS Google Cloud collaboration will provide customers with a more comprehensive and integrated data analytics solution.
The managed database services market size reaches US$ 347.9 billion in 2023.
The managed database services market is set to surge at a robust 13.10% CAGR.
The market demonstrated an 11.0% CAGR from 2018 to 2022.
The United States indicates profit potential, with an estimated US$ 168.0 billion market by 2033.
The database administration segment is likely to register a CAGR of 9.7% through 2033.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends
4. Pricing Analysis
4.1. Pricing Analysis, By Pricing Model
4.1.1. Subscription Pricing Model
4.1.2. Perpetual Licensing
4.2. Average Pricing Analysis Benchmark
5. Global Market Demand (Value in US$ Million) Analysis 2018 to 2022 and Forecast, 2023 to 2033
5.1. Historical Market Value (US$ Million) Analysis, 2018 to 2022
5.2. Current and Future Market Value (US$ Million) Projections, 2023 to 2033
5.2.1. Y-o-Y Growth Trend Analysis
5.2.2. Absolute $ Opportunity Analysis
6. Market Background
6.1. Macro-Economic Factors
6.2. Forecast Factors - Relevance & Impact
6.3. Value Chain
6.4. COVID-19 Crisis – Impact Assessment
6.5. Market Dynamics
6.5.1. Drivers
6.5.2. Restraints
6.5.3. Opportunities
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Service
7.1. Introduction / Key Findings
7.2. Historical Market Size (US$ Million) Analysis By Service, 2018 to 2022
7.3. Current and Future Market Size (US$ Million) Analysis and Forecast By Service, 2023 to 2033
7.3.1.1. Database Administration
7.3.1.2. Database Backup And Recovery
7.3.1.3. Database Disaster Recovery
7.3.1.4. Database Monitoring
7.3.1.5. Database Security
7.3.1.6. Database Optimization
7.4. Market Attractiveness Analysis By Service
8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Applications
8.1. Introduction / Key Findings
8.2. Historical Market Size (US$ Million) Analysis By Applications, 2018 to 2022
8.3. Current and Future Market Size (US$ Million) Analysis and Forecast By Applications, 2023 to 2033
8.3.1. Customer relationship management (CRM)
8.3.2. Enterprise resource planning (ERP)
8.3.3. Supply chain management (SCM)
8.3.4. Web applications
8.3.5. Big data analytics
8.3.6. Others
8.4. Market Attractiveness Analysis By Applications
9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Industry vertical
9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Million) Analysis By Industry vertical, 2018 to 2022
9.3. Current and Future Market Size (US$ Million) Analysis and Forecast By Industry vertical, 2023 to 2033
9.3.1. Small Offices (1-9 employees)
9.3.2. Small Enterprises (10-99 employees)
9.3.3. Medium-sized Enterprise (100-499 employees)
9.3.4. Large Enterprises (500-999 employees)
9.3.5. Very Large Enterprises (1,000+ employees)
9.4. Market Attractiveness Analysis By Industry vertical
10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ Million) Analysis By Region, 2018 to 2022
10.3. Current and Future Market Size (US$ Million) Analysis and Forecast By Region, 2023 to 2033
10.3.1. North America
10.3.2. Latin America
10.3.3. Europe
10.3.4. East Asia
10.3.5. South Asia
10.3.6. Middle East & Africa
10.4. Market Attractiveness Analysis By Region
11. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
11.1. Introduction
11.2. Historical Market Size (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
11.3. Current and Future Market Size (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
11.3.1. By Service
11.3.2. By Applications
11.3.3. By Industry vertical
11.3.4. By Country
11.3.4.1. U.S.
11.3.4.2. Canada
11.4. Market Attractiveness Analysis
11.4.1. By Service
11.4.2. By Applications
11.4.3. By Industry vertical
11.4.4. By Country
11.5. Market Trends
11.6. Key Market Participants - Intensity Mapping
12. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
12.1. Introduction
12.2. Historical Market Size (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
12.3. Current and Future Market Size (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
12.3.1. By Service
12.3.2. By Applications
12.3.3. By Industry vertical
12.3.4. By Country
12.3.4.1. Brazil
12.3.4.2. Mexico
12.3.4.3. Rest of Latin America
12.4. Market Attractiveness Analysis
12.4.1. By Service
12.4.2. By Applications
12.4.3. By Industry vertical
12.4.4. By Country
13. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
13.1. Introduction
13.2. Historical Market Size (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
13.3. Current and Future Market Size (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
13.3.1. By Service
13.3.2. By Applications
13.3.3. By Industry vertical
13.3.4. By Country
13.3.4.1. Germany
13.3.4.2. Italy
13.3.4.3. France
13.3.4.4. U.K.
13.3.4.5. Spain
13.3.4.6. BENELUX
13.3.4.7. Russia
13.3.4.8. Rest of Europe
13.4. Market Attractiveness Analysis
13.4.1. By Service
13.4.2. By Applications
13.4.3. By Industry vertical
13.4.4. By Country
14. South Asia & Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033
14.1. Introduction
14.2. Historical Market Size (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
14.3. Current and Future Market Size (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
14.3.1. By Service
14.3.2. By Applications
14.3.3. By Industry vertical
14.3.4. By Country
14.3.4.1. India
14.3.4.2. Indonesia
14.3.4.3. Malaysia
14.3.4.4. Singapore
14.3.4.5. Australia & New Zealand
14.3.4.6. Rest of South Asia and Pacific
14.4. Market Attractiveness Analysis
14.4.1. By Service
14.4.2. By Applications
14.4.3. By Industry vertical
14.4.4. By Country
15. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
15.1. Introduction
15.2. Historical Market Size (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
15.3. Current and Future Market Size (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
15.3.1. By Service
15.3.2. By Applications
15.3.3. By Industry vertical
15.3.4. By Country
15.3.4.1. China
15.3.4.2. Japan
15.3.4.3. South Korea
15.4. Market Attractiveness Analysis
15.4.1. By Service
15.4.2. By Applications
15.4.3. By Industry vertical
15.4.4. By Country
16. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
16.1. Introduction
16.2. Historical Market Size (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
16.3. Current and Future Market Size (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
16.3.1. By Service
16.3.2. By Applications
16.3.3. By Industry vertical
16.3.4. By Country
16.3.4.1. GCC Countries
16.3.4.2. Turkey
16.3.4.3. South Africa
16.3.4.4. Rest of Middle East and Africa
16.4. Market Attractiveness Analysis
16.4.1. By Service
16.4.2. By Applications
16.4.3. By Industry vertical
16.4.4. By Country
17. Key Countries Analysis- Market
17.1. U.S. Market Analysis
17.1.1. By Service
17.1.2. By Applications
17.1.3. By Industry vertical
17.2. Canada Market Analysis
17.2.1. By Service
17.2.2. By Applications
17.2.3. By Industry vertical
17.3. Germany Market Analysis
17.3.1. By Service
17.3.2. By Applications
17.3.3. By Industry vertical
17.4. U.K. Market Analysis
17.4.1. By Service
17.4.2. By Applications
17.4.3. By Industry vertical
17.5. France Market Analysis
17.5.1. By Service
17.5.2. By Applications
17.5.3. By Industry vertical
17.6. Italy Market Analysis
17.6.1. By Service
17.6.2. By Applications
17.6.3. By Industry vertical
17.7. Spain Market Analysis
17.7.1. By Service
17.7.2. By Applications
17.7.3. By Industry vertical
17.8. Russia Market Analysis
17.8.1. By Service
17.8.2. By Applications
17.8.3. By Industry vertical
17.9. China Market Analysis
17.9.1. By Service
17.9.2. By Applications
17.9.3. By Industry vertical
17.10. Japan Market Analysis
17.10.1. By Service
17.10.2. By Applications
17.10.3. By Industry vertical
17.11. South Korea Market Analysis
17.11.1. By Service
17.11.2. By Applications
17.11.3. By Industry vertical
17.12. India Market Analysis
17.12.1. By Service
17.12.2. By Applications
17.12.3. By Industry vertical
17.13. Indonesia Market Analysis
17.13.1. By Service
17.13.2. By Applications
17.13.3. By Industry vertical
17.14. Malaysia Market Analysis
17.14.1. By Service
17.14.2. By Applications
17.14.3. By Industry vertical
17.15. Australia & New Zealand Market Analysis
17.15.1. By Service
17.15.2. By Applications
17.15.3. By Industry vertical
17.16. GCC Countries Market Analysis
17.16.1. By Service
17.16.2. By Applications
17.16.3. By Industry vertical
17.17. Turkey Market Analysis
17.17.1. By Service
17.17.2. By Applications
17.17.3. By Industry vertical
17.18. South Africa Market Analysis
17.18.1. By Service
17.18.2. By Applications
17.18.3. By Industry vertical
18. Market Structure Analysis
18.1. Market Analysis by Tier of Companies
18.2. Market Share Analysis of Top Players
18.3. Market Presence Analysis
19. Competition Analysis
19.1. Competition Dashboard
19.2. Competition Benchmarking
19.3. Competition Deep Dive
19.3.1. Amazon Web Services (AWS)
19.3.1.1. Business Overview
19.3.1.2. Solution Portfolio
19.3.1.3. Profitability by Market Segments (Business Segments/Region)
19.3.1.4. Key Strategy & Developments
19.3.2. Microsoft Azure
19.3.2.1. Business Overview
19.3.2.2. Solution Portfolio
19.3.2.3. Profitability by Market Segments (Business Segments/Region)
19.3.2.4. Key Strategy & Developments
19.3.3. Google Cloud Platform (GCP)
19.3.3.1. Business Overview
19.3.3.2. Solution Portfolio
19.3.3.3. Profitability by Market Segments (Business Segments/Region)
19.3.3.4. Key Strategy & Developments
19.3.4. Oracle
19.3.4.1. Business Overview
19.3.4.2. Solution Portfolio
19.3.4.3. Profitability by Market Segments (Business Segments/Region)
19.3.4.4. Key Strategy & Developments
19.3.5. IBM
19.3.5.1. Business Overview
19.3.5.2. Solution Portfolio
19.3.5.3. Profitability by Market Segments (Business Segments/Region)
19.3.5.4. Key Strategy & Developments
19.3.6. Alibaba Cloud
19.3.6.1. Business Overview
19.3.6.2. Solution Portfolio
19.3.6.3. Profitability by Market Segments (Business Segments/Region)
19.3.6.4. Key Strategy & Developments
19.3.7. Redis Labs
19.3.7.1. Business Overview
19.3.7.2. Solution Portfolio
19.3.7.3. Profitability by Market Segments (Business Segments/Region)
19.3.7.4. Key Strategy & Developments
19.3.8. DataStax
19.3.8.1. Business Overview
19.3.8.2. Solution Portfolio
19.3.8.3. Profitability by Market Segments (Business Segments/Region)
19.3.8.4. Key Strategy & Developments
19.3.9. Rackspace
19.3.9.1. Business Overview
19.3.9.2. Solution Portfolio
19.3.9.3. Profitability by Market Segments (Business Segments/Region)
19.3.9.4. Key Strategy & Developments
19.3.10. Teradata
19.3.10.1. Business Overview
19.3.10.2. Solution Portfolio
19.3.10.3. Profitability by Market Segments (Business Segments/Region)
19.3.10.4. Key Strategy & Developments
19.3.11. SAP
19.3.11.1. Business Overview
19.3.11.2. Solution Portfolio
19.3.11.3. Profitability by Market Segments (Business Segments/Region)
19.3.11.4. Key Strategy & Developments
20. Assumptions and Acronyms Used
21. Research Methodology
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Managed Database Services Market
