Structured Data Management Software Market Analysis

End-user (BFSI, Automobile, Healthcare, Manufacturing, IT & Telecom, Retail & E-commerce)

The global structured data management software market is segmented and analyzed for demand and supply by end-user industry into BFSI, automobile, healthcare, manufacturing, IT & telecom, retail and commerce, and others. Out of the six types of end-user, the BFSI segment is estimated to gain the largest market share over the projected time frame. The growth of the segment can be attributed to the increasing churn rate of the sector. Financial services companies have an average client retention rate of around 81%, translating to a median churn rate of 19% approximately. Besides this, rise in the number of digital payments, that give rise to massive data. From 68% in 2017 and 51% in 2011, 76% of adults worldwide now have an account with a bank, another financial institution, or a mobile money provider as per the statistics of the World Bank. Furthermore, almost 40% of adults in low- and middle-income countries (apart from China) who paid a merchant in-person or online with a card, phone, or the internet

Organization (Small & Medium, Large Enterprises)

The global structured data management software market is also segmented and analyzed for demand and supply by enterprise size into small & medium, and large enterprises. The growth of the segment is attributed to rise in the number of small and medium. In the United Kingdom, there are around 5 million small enterprises that have less than 50 employees in each company. Moreover, there were nearly 31,000 medium enterprises in the region. Small and medium enterprises can leverage the structured data management software, to reduce the overall storage costs and data layouts by curbing the price of hardware upkeep and management.

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