According to the report, the global Non-Native Database Management System market was valued at approximately USD 569 million in 2018 and is expected to reach a value of around USD 1,231 million by 2025, at a CAGR of around 10.8% between 2019 and 2025.
A non-native database management system is a type of system that offers database tool for the external end-users for retrieving the data with the particular query language. Moreover, the system provides a tool for generating queries for accessing and administrating the required information. The database is generally utilized by the database administrators, computer operators & programmers, and other staff searching for details stored in the database systems.
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Massive popularity of the non-native database management systems in BFSI and IT & Telecom sectors to drive the market trends
The large-scale usage of non-native database management systems in BFSI, as well as IT & telecom sectors, is set to drive the growth of the market over the forecast timeline. Apart from this, the massive use of computers in a spectrum of industries is predicted to lucratively leverage business growth over the forecast period. However, the high deployment costs and huge monthly subscription expenses will hamper the growth of the market over the forecast period. Nonetheless, the escalating popularity of the cloud-based services along with the massive demand for the non-native database management systems across the developing economies will open new vistas of growth for the market over the forecast period.
Cloud-Based to dominate the deployment segment by 2025
The growth of the cloud-based segment over the forecast period is due to large-scale use of the cloud for storing the data across the non-native database management systems. Furthermore, the cloud-based segment is predicted to grow remarkably owing to a slew of advantages offered by the cloud solutions that include scalability, cost-efficacy, high computing speed, and low spending on IT infrastructure.
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Retail segment to record the highest CAGR over the period from 2019 to 2025
The retail segment is set to register the highest growth rate of over 11.5% during the forecast timespan. The segmental growth during the forecast period is attributed to the massive usage of the non-native database management systems in the retail sector. These systems are used for storing online billing information in retail stores, malls, and other outlets. Apart from this, the systems are used to store information pertaining to various eCommerce transactions, thereby driving segmental growth.
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North America market to occupy Numero Uno position in terms of revenue during the forecast timeline
The growth of the market during the period from 2019 to 2025 is attributed to large-scale application of non-native database management systems in banking, financial services insurance (BFSI) activities and IT & Telecom sector. The U.S. is likely to make major contributions towards the regional market revenue share during the forecast timeline.
Some of the key players in the market include 3T Software Labs Limited, Actian Corporation, Amazon Web Services, Inc., Cardett Associates Ltd., Caspio, Inc., Dbeaver, DbVis Software AB, Devart, Lean Software Limited, Microsoft, MongoDB, Inc., PremiumSoft CyberTech Ltd., Quest Software, Inc. (Toad), and Webyog, Inc.
Browse the full “Non-Native Database Management System Market By Deployment (On-Premise and Cloud-Based) and By Industry Vertical (Banking, Financial Services and Insurance (BFSI), Healthcare, IT & Telecom, Manufacturing, Retail, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 – 2025” Report at https://www.fnfresearch.com/non-native-database-management-system-market-by-deployment-307
This report segments the Non-Native Database Management System market as follows:
Global Non-Native Database Management System Market: By Deployment Segment Analysis
Global Non-Native Database Management System Market: By Industry Vertical Segment Analysis
- Media & Entertainment
- Financial Sector
Global Non-Native Database Management System Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
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