Database-as-a-Service Market Analysis

The market is divided by deployment type into on-premise, and cloud-based out of which, the cloud-based segment is anticipated to hold the largest share in the global database as a service market over the forecast period on account of increasing penetration of cloud computing and dependence on cloud-based database. Various major companies rely on cloud computing technology to access the large volumes of data, which is estimated to boost the database-as-a-service (DaaS) market growth. On the basis of end-user, the market is segmented into BFSI, healthcare and others. Among these the BFSI (Banking, financial services and insurance) segment is estimated to gain notable growth over the forecast period, owing to the big numbers involved in the BFSI sector, along with increasing demand to ensure safe access of the data.

Our in-depth analysis of the global market includes the following segments