Industry News

TMCNet:  Global Non-native Database Management System Market is Expected to Grow at a CAGR of 10.8% by 2027 Owing to Increasing Interaction of Data Through Outside Applications: Says Absolute Market Insights

[February 10, 2020]

Global Non-native Database Management System Market is Expected to Grow at a CAGR of 10.8% by 2027 Owing to Increasing Interaction of Data Through Outside Applications: Says Absolute Market Insights

PUNE, India, Feb. 10, 2020 /PRNewswire/ -- The increased interaction of data through various outside applications owing to the growing connectivity in today's digital age has positively influenced the growth of non-native database management system market globally. The non-native database management system is commonly adopted for databases of enterprises who have frequent transactions through online applications. The trend of connectivity and digitization has transformed the way businesses used to function. The transaction with customers has evolved from paperwork to online. The reach of internet in the remote areas has facilitated the underprivileged sector of society to access banks, retail stores, government websites and other online databases to transact digitally. For instance, the Our World in Data project of Global Change Data Lab, an organization based out of England, has stated that in the last five years about 27,000 people were online every hour. The penetration and usage of internet has facilitated the online transactions to grow in developing economies including India, where the Reserve Bank of India and the National Payments Corporation of India have recorded over 11.8 billion transactions in early six months of 2018. The increasing transactions through outside applications have mandated adoption of non-native database management systems by companies around the globe.

Absolute_Market_Insights_Logo

Request a Sample@ https://www.absolutemarketsinsights.com/request_sample.php?id=401

The retail sector has transformed majorly due to the boom in e-commerce in recent years. As per the report published by Ecommerce Foundation of Europe, the online transaction activities average out to be around 75% across Europe with total internet penetration of more than 81.05%. The shift of traditional banking activities to online banking or mobile banking has also impacted the adoption of non-native database management systems. For instance, according to a recent report published by the Reserve Bank of India, digital banking transactions is expected to grow by four times in 2021 to 87.07 billion. The digital-only banks have come into existence in recent years in Europe and Americas. The growing online transactions in sectors such as retail, IT and telecom, banking and finance and others have boosted the growth of global non-native database management system market.

The detailed research study provides a qualitative and quantitative analysis of the global non-native database management system market. The market has been analyzed from demand as well as the suppy side. The demand side analysis covers market revenue across regions and further across all the major countries. The supply-side analysis covers the major market players and their regional and global presence and strategies. The geographical analysis done emphasizes each of the major countries across North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.


Enquiry Before Buying@ https://www.absolutemarketsinsights.com/enquiry_before_buying.php?id=401 

Key Findings of the Report

  • In terms of revenue, the non-native database management system market is expected to reach US $ 1,460.78 million in 2027 owing to high rate of online transactions through outside applications.
  • On the basis of deployment, cloud based solutions are estimated to have a substantial growth over the forecast period at highest CAGR, owing to reduced IT expenses and ease of access.
  • The retail sector is expected to grow at highest CAGR over the forecast period owing to growing e-commerce industry coupled with increase in online transactions.
  • Some of the key players operating in the global non-native database management system market are 3T Software Labs Limited, Actian Corporation, Amazon Web Services, Inc., Cardett Associates Ltd., Caspio, Inc., DBeaver, DbVis Software AB amongst others.

Request for Customization@ https://www.absolutemarketsinsights.com/request_for_customization.php?id=401

Global Non-Native Database Management System Market

  • By Deployment
    • On-Premise
    • Cloud-based
  • By Industry Vertical
    • Banking Financial Services and Insurance (BFSI)
    • IT and Telecom
    • Retail
    • Manufacturing
    • Healthcare
    • Others
  • By Region:
    • North America
      • U.S.
      • Canada
      • Mexico
      • Rest of North America
    • Europe
      • France
      • The UK
      • Spain
      • Germany
      • Italy
      • Nordic Countries
        • Denmark
        • Finland
        • Iceland
        • Sweden
        • Norway
      • Benelux Union
        • Belgium
        • The Netherlands
        • Luxembourg
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • New Zealand
      • Australia
      • South Korea
      • Southeast Asia
        • Indonesia
        • Thailand
        • Malaysia
        • Singapore
        • Rest of Southeast Asia
      • Rest of Asia Pacific
    • Middle East & Africa
      • Saudi Arabia
      • UAE
      • Egypt
      • Kuwait
      • South Africa
      • Rest of Middle East & Africa
    • Latin America
      • Brazil
      • Argentina
      • Rest of Latin America

Get Full Information of this premium report@ https://www.absolutemarketsinsights.com/reports/Non-Native-Database-Management-System-Market-2019-2027-401

About Us:

Absolute Markets Insights assists in providing accurate and latest trends related to consumer demand, consumer behavior, sales, and growth opportunities, for the better understanding of the market, thus helping in product designing, featuring, and demanding forecasts. Our experts provide you the end-products that can provide transparency, actionable data, cross-channel deployment program, performance, accurate testing capabilities and the ability to promote ongoing optimization.

From the in-depth analysis and segregation, we serve our clients to fulfill their immediate as well as ongoing research requirements. Minute analysis impact large decisions and thereby the source of business intelligence (BI) plays an important role, which keeps us upgraded with current and upcoming market scenarios.

Contact Us:

Company: Absolute Markets Insights
Email id: sales@absolutemarketsinsights.com
Phone: +91-740-024-2424
Contact Name: Shreyas Tanna
The Work Lab,
Model Colony, Shivajinagar, Pune, MH, 411016
Website: https://www.absolutemarketsinsights.com/

 

Cision View original content:http://www.prnewswire.com/news-releases/global-non-native-database-management-system-market-is-expected-to-grow-at-a-cagr-of-10-8-by-2027-owing-to-increasing-interaction-of-data-through-outside-applications-says-absolute-market-insights-301001761.html

SOURCE Absolute Markets Insights


[ Back To Shaping Influence's Homepage ]








INDUSTRIES


The JMRConnect team brings decades of experience garnered from multinational corporations, the public sector, NGOs and industry associations, and as such is able to provide clients with the expertise and strategy necessary for an impact campaign.


FEATURED CASE STUDY


Not only did JMRConnect significantly increase website traffic, organic visibility and optimize their SEO, but lead gen saw a drastic surge overall.


FEATURED INFOGRAPHIC


500% Increase in tracked top 3 keyword ranks (2 to 12)


Featured Influencer


For 30 years, Yorktel has gone the distance taking the complexities out of video and unified communications & collaboration (UC&C). As a video managed services and cloud provider, we bring your enterprise video communications to a new level, for today and tomorrow's technology. Yorktel - making complicated simple.