target audience: TECH SUPPLIER Publication date: Aug 2024 - Document type: Market Analysis Perspective - Doc Document number: # US52478024
Market Analysis Perspective: Worldwide Database Management Systems Software, 2024
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Abstract
This IDC Market Analysis Perspective reviews the worldwide database management systems software market in 2024, with insights regarding trends, competitive analysis, and advice for the technology supplier. It also reviews the market forecast for all submarkets for 2024-2028 and events that have recently had an impact on the market, as well as the assumptions that drove the forecast.
"The largest submarket is the relational DBMS submarket, but the fastest growing are data lake managers and non-schematic DBMS," says Carl Olofson, research vice president for Data Management Software research at IDC. "This reflects the fact that RDBMS represents relatively stable background business data processing and strategic data warehouse-based analytics, while the rapidly expanding new areas of operational data processing and analytics are favoring NoSQL technologies."