TECH SUPPLIER Aug 2022 - Market Forecast - Doc # US49582822
Worldwide Database Management Systems Software Forecast Update, 2022–2026: Breakout by Submarket
This IDC study covers the worldwide database management systems (DBMSs) software market for 2021–2026. It includes breakdowns by deployment platform (public cloud versus on prem), submarket, and geography. It also provides the assumptions underlying the forecast, and observations regarding this market over the next five years, with actionable advice for technology suppliers.
"Technology suppliers should establish a clear position regarding the three competing approaches to DBMS deployment: single database technology versus single multimodel database technology versus multiple databases coordinated by a governance platform," says Carl Olofson, research vice president for Database Management Systems Software market research at IDC. "Also, build a two-pronged sales strategy, appealing to developers (including working to establish a developer community via online forums and user conferences) and executives."
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