Market Overview:

The Cloud Relational Database Market size is estimated to reach $41.3 billion by 2030, growing at a CAGR of 16.8% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, “Cloud Relational Database Market – By Deployment Model (Public Cloud, Private Cloud, Hybrid Cloud), By Database (SQL Database, NoSQL Database), By Software (Database Application Builder, Data Scaling & Replication, Backup & Recovery, Database Encryption and Others), By Services (Training and Consulting Services, System and Network Integration, Deployment and Maintenance), By Organization Size (Small and Medium Enterprises, Large Enterprises), By End User (BFSI, Retail, Healthcare and Life Sciences, IT and Telecom, Education, Government and Public Sector and Others), By Geography - Global Opportunity Analysis & Industry Forecast, 2024-2030”

Increased adoption of hybrid cloud solutions and growing need for real time data processing are fueling the growth of the Cloud Relational Database industry during the forecast period.

North America Dominated the Market in 2023:

In 2023, North America emerged as the largest market for Cloud Relational Databases, capturing a significant 42% market share. This dominance is largely attributed to the presence of major cloud database providers such as Amazon, Google, and Oracle, which offer advanced technical architecture and robust security features. These companies enhance customer confidence and satisfaction, thereby driving market growth during the forecast period from 2024 to 2030. The region's established infrastructure and investment in cloud technologies further solidify its leading position in the global market landscape. 

Cloud Relational Database Market: Key Takeaways

Rising Adoption of Hybrid Cloud Solutions:

The market for cloud-based solutions is experiencing a notable trend with the growing adoption of hybrid cloud models. Organizations increasingly recognize the advantages of integrating public and private cloud infrastructures, allowing them to leverage the scalability of public clouds while retaining control over sensitive data and critical applications in private clouds. This hybrid approach facilitates seamless data and application portability across different environments. As businesses aim to optimize their IT infrastructure, enhance agility, and improve cost efficiency, the shift towards hybrid cloud solutions is expected to gain momentum, reflecting a strategic alignment with the diverse needs of modern enterprises.

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Real-Time Data Processing is a Key Driver of Cloud Database Adoption:

The increasing demand for real-time data processing and analytics is significantly propelling the cloud database market. Organizations seek immediate insights to make informed decisions, optimize operations, and improve customer experiences. Cloud databases provide high-performance data processing capabilities, allowing businesses to analyze and respond to data instantaneously. This capability is especially vital in sectors like finance, healthcare, and e-commerce, where timely data analysis can create a competitive edge. As a result, the ability to process and analyze data in real-time is driving the widespread adoption of cloud databases across various industries. 

Scope of the Report: 

          Report Metric

                                 Details

Base Year Considered

2023

Forecast Period

2024–2030

CAGR

16.8%

Market Size in 2030

$41.3 billion

Segments Covered

By Deployment Model, By Database, By Software, By Services, By Organization Size, By End-User, and By Region


Geographies Covered

North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and Rest of the World (Middle East, and Africa).




Key Market Players

  1. Google Inc.

  2. Amazon Web Services, Inc.

  3. Oracle Corporation

  4. Microsoft Corporation

  5.  IBM Corporation

  6.  Rackspace Inc.

  7. Salesforce Inc.

  8. SAP SE

  9. Alibaba Group

  10. MongoDB, Inc.

Recent Developments:

  • In September 2022, Alibaba Cloud announced a $1 billion investment to assist customers in adopting cloud computing solutions, stimulate growth, and strengthen its market position. This investment focuses on promoting cloud computing adoption and enhancing Alibaba Cloud's competitive edge in the market.
  • In June 2022, Microsoft expanded Azure Arc to include data services, enabling hybrid and multi-cloud scenarios. Azure Arc allows customers to deploy Azure services anywhere, extending the reach of Azure SQL and PostgreSQL Hyperscale databases to on-premises and multi-cloud environments.
Cloud Relational Database Market: Competitive Landscape

Key companies profiled in the Cloud Relational Database Market are Google Inc., Amazon Web Services, Inc., Oracle Corporation, Microsoft Corporation, IBM Corporation, Rackspace Inc., Salesforce Inc., SAP SE, Alibaba Group, MongoDB, Inc. and others.

About IndustryARC™:

IndustryARC primarily focuses on Market Research and Consulting Services specific to Cutting Edge Technologies and Newer Application segments of the market. The company’s Custom Research Services are designed to provide insights into the constant flux in the global demand-supply gap of markets.  

IndustryARC’s goal is to provide the right information required by the stakeholder at the right point in time, in a format that assists an intelligent and informed decision-making process.

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Mr. Venkat Reddy
IndustryARC
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