+67% CAGR to Be Achieved by Cloud-Based Database Industry Market According to Market Research Analysis and Global Forecast

Pune, India -- (SBWire) -- 01/24/2018 --The Global Cloud-based Database Market is expected to grow at a Compound Annual Growth Rate (CAGR) of +67% during the forecast period.

Databases are used to store and manage various forms of data generated by a company. Database services can be provided on-premises or on-demand. On-demand services are known as cloud-based databases, which is gaining increasing acceptance among several organizations. A cloud-based database is suitable for organizations that require immediate access to database services, easy scalability options, low cost, and low maintenance. Service providers offer end-to-end solutions, which help organizations focus on their core business areas. Increasing demands for flexible and cost-effective database storing solutions in cloud along with the requirements of features such as scalability, elasticity, and automated backup are playing an important role in creating the future of the loud database market.

The Global Cloud-based Database Market is expected to grow from USD 3 Billion in 2018 to USD 18 Billion by 2023.

The study presents a qualitative and quantitative analysis of the market, its key segments, regulatory landscape, and competitive scenario, and recent developments. A detailed analysis of factors expected to drive and challenge the growth of the market as well as the trends that decide consumer inclination are highlighted. The report utilizes a variety of primary and secondary research methodologies for gathering quantitative as well as qualitative data on global as well as regional fronts. With the help of a number of industry-best analytical methods, the vast amount of market data thus gathered is filtered and narrowed down to the details that matter the most to companies operating in the Cloud-based Database or aspiring to enter it.

Companies Profiled In This Report:
Amazon Web Services, Google, IBM, Microsoft, Oracle, Rackspace Hosting, salesforce.com, SAP, Teradata

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The major forces which are driving this market are the innovations in ways of data storing and memory allocation. The demand of cloud database solutions is expected to grow in coming years, as traditional approach for storing databases are difficult to manage. Moreover, cloud databases enable organizations to focus on their business critical applications and underlying infrastructure is managed by service provider. The growing momentum towards virtualization as means of consolidation of IT recourses is driving the growth of cloud based services and eventually growth of cloud databases. Providing easy access to databases with minimum or no tedious administration costs is pushing organizations to move their ever increasing on-premise database workloads to cloud.

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Reason to Global Cloud-based Database Research Report:
Analysis of Global Cloud-based Database Market and its upcoming growth prospects is been mentioned with maximum precision. This study includes an elaborative summary of market which also includes snapshots that offer depth of information of various other segmentations. Through qualitative and quantitative analysis of key factors which are responsible for boosting or hampering the market growth and the promising opportunities in market have been provide. Primary and secondary research is been done in detail which helps the readers have a strong understanding of the complete market for the forecast period.

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Table of Contents:
Global Cloud-based Database Market Research Report 2017
Chapter 1: Global Cloud-based Database Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Global Market Competition by Manufacturers
Chapter 4: Global Production, Revenue (Value) by Region
Chapter 5: Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Global Production, Revenue (Value), Price Trend by Type
Chapter 7: Global Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Global Cloud-based Database Market Forecast

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