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Database-as-a-Service Market Trends

  • Report ID: 3409
  • Published Date: Aug 28, 2024
  • Report Format: PDF, PPT

Database-as-a-Service Market Trends

Growth Drivers

  • Involvement of Big Numbers in the Working of Various Sectors
  • Increasing Penetration of Cloud Computing

Challenges

  • Threat with Data Theft and Leaks
  • High Capital Investment

Database-as-a-Service (DaaS) Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

18.4%

Base Year Market Size (2023)

USD 25.14 billion

Forecast Year Market Size (2036)

USD 225.91 billion

Regional Scope
  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Author Credits:  Abhishek Verma


  • Report ID: 3409
  • Published Date: Aug 28, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of Database-as-a-Service is evaluated at USD 28.84 billion.

Database-as-a-Service (DaaS) Market size was over USD 25.14 billion in 2023 and is expected to exceed USD 225.91 billion by 2036, growing at over 18.4% CAGR during the forecast period i.e., between 2024-2036. The presence of large volume of data in various sectors will boost the market growth.

North America is likely to dominate majority revenue share by 2036, on the back of high adoption of cloud computing amongst the tech-savvy population of Canada and the U.S.

The major players in the market are SAP, EnterpriseDB, Redis Ltd., MongoDB, Oracle Corporation, Google LLC, MariaDB, Microsoft Corporation, Amazon Web Services, and others.
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