target audience: TECH SUPPLIER Publication date: Aug 2024 - Document type: Market Share - Doc Document number: # US52509524
Worldwide Database Administration and Development Tools Software Market Shares, 2023: Moving Toward Uniform Data Performance and Trust
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Abstract
This IDC study presents the vendor revenue growth for the database administration and development tools software market for 2023 by various dimensions, including reflections on who shaped the year, and with technology supplier advice. It also calls out market growth factors and a sense of the trajectory of this market.
"Demand for DADT should grow during the 2024–2028 forecast period as enterprises seek to create more unified and managed data environments, especially with the advent of generative AI technologies and their demand for coherent data," says Carl Olofson, research vice president for Data Management Software at IDC. "As the database management systems market evolves, however, we may expect that new competitors will emerge, and established ones will evolve, to meet the needs of multiple database models deployed in the public cloud."