Database, Storage And Backup Software Publishing Global Market Estimated To Grow At 12% Rate
The Business Research Company’s Database, Storage And Backup Software Publishing Global Market Report 2022 – Market Size, Trends, And Forecast 2022-2026
LONDON, GREATER LONDON, UK, October 21, 2022 /EINPresswire.com/ -- As per The Business Research Company's "Database, Storage And Backup Software Publishing Global Market Report 2022”, the database, storage and backup software publishing market growth are predicted to increase from $200.64 billion in 2021 to $225.77 billion in 2022 at a compound annual growth rate (CAGR) of 12.50%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The database, storage and backup software market is expected to grow to $333.19 billion in 2026 at a CAGR of 10.20%. According to our database, storage & backup software publishing market analysis, the outbreak of Coronavirus disease (COVID-19) is expected to drive the database, storage & backup software publishing industry in the forecast period as an increasing number of people are working from home due to lockdowns imposed by governments globally that restrict the gathering of people in public places.
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Key Trends In The Database, Storage And Backup Software Publishing Market
With technological advances in cloud computing and the continuous requirement of updating in-house IT infrastructure, companies are witnessing a rising demand for public cloud platforms. A public cloud is a service based on the standard cloud computing model, in which a service provider makes resources, such as virtual machines (VMs), applications or storage, available to the general public over the Internet. Companies are increasingly opting for public cloud platforms to minimize their costs as the public cloud provides services on a pay-as-you-go model, the need for organizations to invest in and maintain their own in-house IT resources, and enables scalability to meet workload and user demands.
Overview Of The Database, Storage And Backup Software Publishing Market
The database, storage and backup software publishing market report consists of sales of database, storage and backup software by entities (organizations, sole traders and partnerships) that produce database, storage and backup software which are software programs or utilities used for creating, editing and maintaining database files and records. It allows users to store data in the form of structured fields, tables and columns, which can then be retrieved directly and/or through programmatic access.
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Database, Storage And Backup Software Publishing Global Market Report 2022 from TBRC covers the following information:
Market Size Data
• Forecast period: Historical and Future
• By region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• By countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Market Segmentation
• By Type: Database Software, Middleware Software, Storage And Backup Software
• By End-User Industry: BFSI, Media And Entertainment, IT and Telecommunications, Energy And Utilities, Government And Public Sector, Retail And Consumer Goods, Manufacturing, Others
• By Deployment Model: On-Demand/Cloud, On-Premise
• By Geography: The global database, storage and backup software publishing market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America holds the largest share in the market.
Major market players such as Google, Broadcom Ltd, NetApp Inc., NEC Corporation, Altice NV and Commvault Systems, Inc.
Trends, opportunities, strategies and so much more.
Database, Storage And Backup Software Publishing Global Market Report 2022 is one of The Business Research Company’s comprehensive reports that provides an overview of database, storage and backup software publishing market. The market report analyzes database, storage and backup software publishing market size, database, storage and backup software publishing market growth drivers, database, storage and backup software publishing market segments, database, storage and backup software publishing market major players, database, storage and backup software publishing market growth across geographies, and database, storage and backup software publishing market competitors’ revenues and market positioning. The database, storage and backup software publishing market report enables you to gain insights on opportunities and strategies, as well as identify countries and segments with the highest growth potential.
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