Global Database, Storage And Backup Software Publishing Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends

8 Feb, 2021

The database, storage and backup software publishing market consists of sales of database, storage and backup software by entities (organizations, sole traders and partnerships) that produce database, storage and backup software which are software programs or utilities used for creating, editing and maintaining database files and records. It allows users to store data in the form of structured fields, tables and columns, which can then be retrieved directly and/or through programmatic access. The database, storage and backup software market is segmented into database software; middleware software; and storage and backup software.

Global Database, Storage And Backup Software Publishing Market Size And Drivers:

The global database, storage & backup software publishing market is expected to grow from $192.96 billion in 2020 to $199.08 billion in 2021 at a compound annual growth rate (CAGR) of 3.2%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $295.18 billion in 2025 at a CAGR of 10%. The outbreak of the Coronavirus disease (COVID-19) is expected to drive the database, storage & backup software publishing market in the forecast period as increasing number of people are working from home due to lockdowns imposed by governments globally that restrict gathering of people in public places. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing.

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Trends In The Global Database, Storage And Backup Software Publishing Market

With technological advances in the cloud computing and continues requirement of updating in-house IT infrastructure, companies are witnessing a rising demand for public cloud platforms. A public cloud is a service based on the standard cloud computing model, in which a service provider makes resources, such as virtual machines (VMs), applications or storage, available to the general public over the Internet.

Global Database, Storage And Backup Software Publishing Market Segments:

The global database, storage and backup software publishing market is further segmented based on type, end user industry, deployment model and geography.
By Type: Database Software, Middleware Software, Storage And Backup Software.
By End-User Industry: BFSI, Media And Entertainment, IT and Telecommunications, Energy And Utilities, Government And Public Sector, Retail And Consumer Goods, Manufacturing, Others.
By Deployment Model: On-Demand/Cloud, On-Premise.
By Geography: The global database, storage and backup software market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Among these regions, Asia Pacific is the largest region in the global database, storage & backup software publishing market, accounting for 43% of the total market.

Read More On The Report For The Global Database, Storage And Backup Software Publishing Market At:
https://www.thebusinessresearchcompany.com/report/database-storage-and-backup-software-publishing-global-market-report-2020-30-covid-19-impact-and-recovery

Database, Storage And Backup Software Publishing Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides database, storage and backup software publishing market overviews, analyzes and forecasts market size and growth for the global database software market, database, storage and backup software publishing market share, database, storage and backup software publishing market players, database, storage and backup software publishing market segments and geographies, database, storage and backup software publishing market’s leading competitors’ revenues, profiles and market shares. The database, storage and backup software publishing market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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