Global Cloud-based Database Market Size, Status and Forecast 2021-2027

A cloud-based database is a database, as the name suggests, resides on a cloud computing platform. Databases are used to store and manage various forms of data generated by a company. Database services can be provided on-premises or on-demand. On-demand services are known as cloud-based databases, which is gaining increasing acceptance among several organizations. A cloud-based database is suitable for organizations that require immediate access to database services, easy scalability options, low cost, and low maintenance. Service providers offer end-to-end solutions, which help organizations focus on their core business areas.

The cloud database solutions have empowered organizations to focus on their core business competencies by relying on the cloud resources completely. Various cloud databases are becoming relevant as they improve the overall efficiency of the client offerings and reduce the support and maintenance considerably, giving almost total control of operations over the data which is stored.
North America is the largest region of Cloud-based Database, with a market share about 35%. It was followed by Europe with 25%. Amazon Web Services, Google, IBM, Microsoft and Oracle are the top 5 manufacturers of industry, and they had about 65% combined market share.

Market Analysis and Insights: Global Cloud-based Database Market
The global Cloud-based Database market size is projected to reach US$ 256270 million by 2027, from US$ 13720 million in 2020, at a CAGR of 53.6% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Cloud-based Database market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Cloud-based Database market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Cloud-based Database market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Cloud-based Database market.

Global Cloud-based Database Scope and Market Size
Cloud-based Database market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Cloud-based Database market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
SQL Database
NoSQL Database

Segment by Application
Small and Medium Business
Large Enterprises

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Amazon Web Services
Google
IBM
Microsoft
Oracle
Rackspace Hosting
Salesforce
Cassandra
Couchbase
MongoDB
SAP
Teradata
Alibaba
Tencent