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Cloud Database Market Size, Share, and Industry Analysis, By Deployment (Private Cloud, Public Cloud, and Hybrid Cloud), By Database Type (Relational Database and NoSQL Database), By Enterprise Type (Small & Medium Enterprises and Large Enterprises), By Industry (BFSI, Healthcare, IT & Telecom, Education, Manufacturing, Government, Retail & E-commerce, and Others), and Regional Forecast, 2025-2032
Report Format: PDF | Published Date: Ongoing | Report ID: FBI110240 | Status : UpcomingCloud databases are collections of data that are managed, structured, and hosted on a public, private, or hybrid cloud infrastructure. As data volumes continue to skyrocket, cloud databases have become increasingly important. Organizations are aiming to build databases in a cloud environment without using physical hardware and infrastructural components. Thus, the demand for cloud database solutions is increasing rapidly over the forecast period to manage and analyze structured and non-structured cloud databases.
Similarly, according to a recent IDC study, the world’s datasphere will reach 175 Zettabytes (Zettabytes) by 2025, a 61% CAGR between 2018 and 2025. The exponential growth of the datasphere can be attributed to a number of factors, including the number of connected devices in use, the rise of the Internet of Things (IoT), and the digitization of business and processes.
The rising usage of cloud databases by various industry verticals offers different solutions to generate database backups after a natural disaster. It significantly helps the operational downtime by automating the data recovery tasks. During the pandemic, increasing usage of cloud computing services due to the adoption of a work-from-home work culture by different enterprises generates the demand for high-storage cloud databases. Thus, there is a huge adoption of cloud database solutions and services among different industries to fulfil the users' needs.
Similarly, the increasing penetration of IoT and other connected devices across various businesses generated huge amounts of data, which significantly boosted the demand for cloud databases to manage data migration.
Impact of Generative AI on the Cloud Database Market
Gen AI plays an important role in improving security in cloud environments. It allows for predictive threat detection by analyzing large datasets. It helps to predict potential cybersecurity threats before they attack so that proactive defense mechanisms can be put in place. These proactive measures protect cloud systems from a variety of cyber threats, including malware and intrusions, as well as random unauthorized attacks. The use of Generative AI is not only about threat detection but also about optimizing operational efficiency within cloud infrastructure.
Generative AI has been a driving force for change within cloud infrastructures. Its impact is felt across the entire cloud computing stack, from scalability to flexibility to security. Generative AI allows cloud systems to dynamically scale resources according to demand, providing optimal performance without excessive costs or resource wastage.
As per the analysis by CheckPoint in 2023, the average number of cyberattacks per company in India in the first three months was 2,108. This indicates that there is an increase of 18% compared to the same period last year.
Thus, the integration of generative AI with cloud computing and cloud database providers drives the growth of the market during the forecast period.
Segmentation
By Deployment | By Database Type | By Enterprise Type | By Industry | By Region |
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Key Insights
The report covers the following key insights:
- Micro Macro Economic Indicators
- Drivers, Restraints, Trends, and Opportunities
- Business Strategies Adopted by the Key Players
- Impact of Generative AI on the Global Cloud Database Market
- Consolidated SWOT Analysis of Key Players
Analysis by Industry
By industry, the market is segmented into BFSI, healthcare, IT & telecom, education, manufacturing, government, retail & e-commerce, and others. The growing adoption of databases as servers among various IT industries is boosting the demand for cloud databases across the overall IT and telecom industry, fueling the growth of the market. According to Gartner insights, it is projected that the end-user spending of different businesses on public cloud services is estimated to reach USD 591.8 Billion in 2024, which significantly increases by 20.7% from 2023.
Furthermore, increasing digital transformation across the BFSI industry boosts the demand for structured data, which generates the demand for self-driving cloud databases. This is the key factor that fuels the growth of the market across the BFSI industry during the forecast period.
For instance, in November 2023, Infosys entered into a partnership with Amazon Web Services to accelerate the cloud transformation among financial institutes and companies present across Europe and the Middle East & Africa region.
Regional Analysis
The global cloud database market is distributed into five regions: North America, Europe, Asia Pacific, the Middle East & Africa, and South America. Rising digital transformation and growing demand for the adoption of cloud computing services among different businesses across countries, such as the U.S. and Canada, fuel the growth of the market in North America. Furthermore, the presence of a large number of cloud database service providers, such as Microsoft Corporation, Amazon Web Services, Oracle Corporation, and Google, LLC, across multiple countries drives the growth of the market across the region.
For instance, in October 2023, DigitalOcean Holdings, Inc., a U.S.-based cloud computing platform provider, launched new cloud-based scalable storage for MySQL Managed Databases and DigitalOcean PostgreSQL for small and medium businesses to fulfil the higher data utilization demands of the customers.
Furthermore, the growing implementation of cloud computing and database-as-a-service (DBaaS) solutions and increasing investments by key providers among small and medium-sized businesses of cloud database providers present across China, Japan, India, and other developing enhance the growth of the market in Asia Pacific.
For instance, in April 2024, Oracle Corporation declared that they are planning to invest more than USD 8 billion in the next few years to fulfil the rising needs for advanced AI infrastructure and cloud computing capabilities in Japan.
The distribution of the global cloud database market by region of origin is as follows:
- North America – 41%
- South America – 7%
- Europe – 22%
- Middle East & Africa – 10%
- Asia Pacific – 20%
Key Players Covered
The key players in this market include Oracle Corporation, Google, LLC, IBM Corporation, SAP SE, Microsoft Corporation, and Amazon Web Services.
Key Industry Developments
- March 2024: Microsoft Corporation entered into a partnership with Oracle Corporation to fulfil the increasing demands of customers present across the globe for Oracle Database@Azure. The Oracle Database@Azure helps customers regulate the migration of workloads to improve business operations.
- November 2023: VMware, Inc. announced a collaboration with Google Cloud to provide Google Cloud’s AlloyDB Omni database for traditional and generative AI applications based on the VMware Cloud foundation. This collaboration helps to improve their existing databases and automates the database infrastructure.
- Global
- 2023
- 2019-2022