Global Cloud Database and DBaaS Market to Reach $399.5 Billion by 2027
Amid the COVID-19 crisis, the global market for Cloud Database and DBaaS estimated at US$13.6 Billion in the year 2020, is projected to reach a revised size of US$399.5 Billion by 2027, growing at a CAGR of 62% over the period 2020-2027.
The U.S. Market is Estimated at $4.2 Billion, While China is Forecast to Grow at 58.9% CAGR
The Cloud Database and DBaaS market in the U.S. is estimated at US$4.2 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$62.3 Billion by the year 2027 trailing a CAGR of 58.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 55.5% and 52.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 41.7% CAGR.
Select Competitors (Total 44 Featured):
Amid the COVID-19 crisis, the global market for Cloud Database and DBaaS estimated at US$13.6 Billion in the year 2020, is projected to reach a revised size of US$399.5 Billion by 2027, growing at a CAGR of 62% over the period 2020-2027.
The U.S. Market is Estimated at $4.2 Billion, While China is Forecast to Grow at 58.9% CAGR
The Cloud Database and DBaaS market in the U.S. is estimated at US$4.2 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$62.3 Billion by the year 2027 trailing a CAGR of 58.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 55.5% and 52.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 41.7% CAGR.
Select Competitors (Total 44 Featured):
- Amazon.com, Inc.
- CenturyLink Cloud
- Google, Inc.
- IBM Corporation
- Microsoft Corporation
- Oracle Corporation
- Rackspace US, Inc.
- Salesforce.com, Inc.
- SAP SE
Frequently Asked Questions about the Global Market for Cloud Database and DBaaS
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| Report Attribute | Details |
|---|---|
| No. of Pages | 92 |
| Published | April 2021 |
| Forecast Period | 2020 - 2027 |
| Estimated Market Value ( USD ) in 2020 | $ 13.6 Billion |
| Forecasted Market Value ( USD ) by 2027 | $ 399.5 Billion |
| Compound Annual Growth Rate | 62.1% |
I. METHODOLOGY
II. EXECUTIVE SUMMARY
III. MARKET ANALYSIS
IV. COMPETITION
