Operational Database Management System Market

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Operational Database Management System Market by Component (Hardware, Software), by Deployment (Cloud, On-premise), by Organization Size (Small & Medium Enterprises, Large Enterprises), by Application (Data Validation, Data Formatting, Error Tracking, Others), by End-use Industry (BFSI, Healthcare, Retail, Telecommunications, Aerospace & Defense, Logistics, Others)- Global Opportunity Analysis and Industry Forecast, 2020 – 2030

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Market Definition

The Global Operational Database Management System (OPDBMS) Market size is estimated to be USD 35.51 billion in 2019 and is predicted to reach USD 57.82 billion by 2030 with a CAGR of 4.5% from 2020-2030.

The market is defined by the non-relational and relational database management products that are suitable with traditional transactions used to support business processes. Operational database management systems are used to track, store and manage real-time data. Companies can use operational database management systems to track and stock products.

In addition, operational database management systems allow businesses to gather and analyze large volume of data including customer data, asset data, employee data, sales data and financial data among others. Operational database management systems are widely used in the e-commerce industry to manage the process of fulfilling purchases.

Market Dynamics and Trends

Growing volume of data being generated from organizations is one of the major factors pushing market growth of operational database management systems at present. Huge volume of data has led to the growing need for data security across organizations. Organizations generating such bulk amount of data are more prone to data breaches.

As of March 2019, more than 1,900 data breaches were reported globally, resulted in approximately 1.9 billion records being exposed. Rate of data breach went up by more than 50% in 2019 as compared to 2018. The use of operational database management system helps in mitigating data breach issues to a great extent.

Further, growing dependence on cloud-based systems is another major factor driving the growth of operational database management systems market across the globe. Scalability and cost effectiveness has become a major concern for small and medium enterprises, due to which they have shifted their focus towards the implementation of cloud based systems.

However, the outbreak of COVID-19 across the globe has had a significant impact on businesses and pushed majority of the countries towards recession. Developed nations such as the U.S., Germany, U.K. and France among others are unlikely to display a positive growth rate for their economies in the current year due to COVID-19. Sale of operational database management system software has gone down due to the economic recession that came along with the outbreak. Organizations are refraining themselves from investing in such systems for the time being, due to slowdown in businesses, resulting in severe cash crunch.

 

Market Segmentations and Scope of the Study:

The global operational database management system market is segmented on the basis of component into hardware and software. Based on deployment, the market has been segmented into on-premise and cloud, where the latter is expected to garner the fastest growth during the forecast period. Based on organization size, the market has been segmented into small & medium enterprises and large enterprises. Based on application, the market has been segmented into data formatting, data validation, error tracking and others. Based on end-use industries, the market has been segmented into BFSI, Healthcare, Retail, Telecommunications, Aerospace & Defense, Logistics and Others. Further, based on region, the market has been segmented into North America, Europe, Asia Pacific and Rest of the World.

 

Geographical Analysis

North America is expected to retain its position as the dominant region throughout the forecast period, with the U.S. spearheading the growth of the market. The U.S. is the most prominent market for public cloud, with an approximate spending of USD 125 billion in 2019. This would certainly benefit the growth of operational database management systems market in the country in the coming years. Asia Pacific is expected to garner the fastest growth rate during the forecast period, with China and India spearheading the growth of the market.

 

Competitive Landscape

The global operational database management systems market is marked by intense competition by the major players operating in this space. Tactical mergers & acquisitions, joint ventures & partnerships, technological innovations are some of the key strategies taken up by the major players in order to ensure long term sustenance in this industry. IBM Corporation, SAP S.E., Amazon.com, Inc., Google Inc., Microsoft Corporation, and Oracle Corporation among others.

In May 2020, MemSQL released an updated version of its database management system. This upgrade comes with a simpler data platform, greater scalability, greater speed, ease of use, and SQL-accessible to everybody.

KEY BENEFITS

  • The operational database management systems market report provides the quantitative analysis of the current market and estimations through 2020-2030 that assists in identifying the prevailing market opportunities to capitalize on.

  • The study comprises a deep dive analysis of the operational database management system market trend including the current and future trends for depicting the prevalent investment pockets in the market.

  • The information related to key drivers, restraints and opportunities and their impact on the operational database management system market is provided in the report.

  • The competitive analysis of the market players along with their market share in the global operational database management system market.

  • The SWOT analysis and Porters Five Forces model is elaborated in the study.

  • Value chain analysis in the market study provides a clear picture of the stakeholders’ roles.

KEY MARKET SEGMENTS

By Component

  • Hardware

  • Software

By Deployment

  • Cloud

  • On-premise

By Organization Size

  • Small & Medium Enterprises

  • Large Enterprises

By Application

  • Data Processing & Validation

  • Data Formatting

  • Error Tracking

  • Others

By End-use Industry

  • BFSI

  • Healthcare

  • Retail

  • Telecommunications

  • Aerospace & Defense

  • Logistics

  • Others

By Geography

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • UK

    • Germany

    • France

    • Italy

    • Rest of Europe

  • Asia-Pacific

    • China

    • India

    • Japan

    • Australia

    • Rest of Asia-Pacific

  • RoW

    • UAE

    • Saudi Arabia

    • South Africa

    • Brazil

    • Remaining Countries

KEY PLAYERS

  • IBM Corporation
  • Oracle Corporation
  • Microsoft Corporation
  • SAP S.E.
  • Intersystems Corporation
  • MongoDB, Inc.
  • Marklogic Corporation
  • Neo Technologies
  • Mariadb Corporation
  • Aerospike, Inc.
  • Fujitsu Ltd.
  • MemSQL

REPORT SCOPE AND SEGMENTATION

Parameters

Details

Analysis Period

2019–2030

Base Year Considered

2020

Forecast Period

2020–2030

Market Size Estimation

Billion (USD)

Market Segmentation

By Component (Hardware, Software) By Deployment (Cloud, On-premise) By Organization Size (Small & Medium Enterprises, Large Enterprises) By Application (Data Processing & Validation, Data Formatting, Error Tracking, Others) By End-use Industry (BFSI, Telecommunications, Logistics, Aerospace & Defense, Healthcare, Retail, Others)

Geographical Segmentation

North America (U.S., Canada, Mexico) Europe (UK, Germany, Italy, France, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of APAC), Rest of the World (UAE, Saudi Arabia, South Africa, Brazil, Remaining Countries)

Companies Profiled

IBM Corporation, SAP S.E., Amazon.com, Inc., Google Inc., Microsoft Corporation, and Oracle Corporation.

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Frequently Asked Questions

According to the report published by Next Move Strategy Consulting, the Operational Database Management System market business is expected to hit at $57.82 billion (USD) by 2030.

North America is expected to hold the highest market share in the global market. The region is expected to witness remarkable growth as it houses the major key players in the market.

IBM Corporation, SAP S.E., Amazon.com, Inc., Google Inc., Microsoft Corporation, and Oracle Corporation

The global Operational Database Management System market share analysis is based on type, application, and geography.

Currently (in 2019), the market value stands at USD 35.51 billion and it is anticipated to reach USD 57.82 billion by 2030.
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