target audience: TECH SUPPLIER Publication date: Aug 2024 - Document type: Market Forecast - Doc Document number: # US52487824
Worldwide Database Administration and Development Tools Software Forecast, 2024–2028
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Abstract
This IDC market forecast covers the database development and management tools software market for 2024–2028. It includes the forecast assumptions, analysis of factors impacting the market, and advice for technology suppliers.
"The market for DADT is forecast to grow to $3.6 billion by 2028, for a compound annual growth rate (CAGR) of 6.6%," says Carl Olofson, research vice president for Data Management Software Research at IDC. "When the historical year 2023 revenue is calculated in constant currency, the CAGR becomes 6.7%."