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
What is the estimated value of the Global Market for Cloud Database and DBaaS?
What is the growth rate of the Global Market for Cloud Database and DBaaS?
What is the forecasted size of the Global Market for Cloud Database and DBaaS?
| 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% |
| Regions Covered | Global |
Table of Contents
I. METHODOLOGY
II. EXECUTIVE SUMMARY
III. MARKET ANALYSIS
IV. COMPETITION
