Cloud Database and DBaaS Market Report and Forecast 2025-2034

The global cloud database and DBaaS market stood at a value of around USD 19.00 Billion in 2024. The market is expected to grow at a CAGR of 15.90% in the forecast period of 2025-2034 to attain a value of USD 83.10 Billion by 2034.

Cloud Database and DBaaS Market Growth Rate

Cloud databases and DBaaS entail providing database services through a cloud platform. Service providers rent databases with substantial storage, facilitating effective data management and analysis.

Moreover, they offer enterprises access to a cloud-based database system, eliminating the need for hardware setup, software installation, and system configuration, as these tasks are handled by the providers.

The service providers also manage software maintenance and upgrades. Additional benefits of cloud databases and DBaaS include cost efficiency and time savings. In developed nations like Australia, with a 96% internet penetration rate, recent World Bank data suggests it drives growth in the cloud computing market.

Key Trends and Developments

Increasing data volumes, the surge in cloud adoption, security, and compliance, and the growth of managed services are the major trends impacting the cloud database and DBaaS market growth.

August 30, 2023

Couchbase launched Capella iQ, an AI feature in its database, improving developer productivity by enabling swift code generation. It also introduced new Capella DBaaS features and initiated the Couchbase AI Accelerate partner program.

August 30, 2023

DataStax, the real-time AI company, announced the launch of Astra DB Vertex Extension for Google Cloud’s Vertex AI Platform. It enabled easy data connection between Astra DB and Vertex AI.

December 14, 2023

MariaDB Plc announced the spinout of its cloud database subsidiary, SkySQL Inc., which gained full rights to the SkySQL database-as-a-service product. SkySQL becomes the exclusive provider, aiming to expedite feature delivery.

May 18, 2021

PlanetScale introduced a fresh database-as-a-service platform. The primary developer of the open-source Vitess distributed SQL cloud platform for MySQL released a new cloud platform designed to seamlessly integrate with developer workflows.

Increased data volumes

Companies are collecting and generating data faster than ever. Conventional on-site databases face challenges in efficiently storing and managing such volumes. Cloud databases provide a scalable and economical remedy.

Surge in cloud adoption

Companies are becoming more confident in entrusting crucial data to the cloud, thanks to enhanced security and reliability measures.

Security and compliance

Cloud providers are bolstering security measures and acquiring certifications to meet the needs of enterprises, especially those in regulated sectors.

Growth of managed services

Business opts for third-party assistance in managing and maintaining their databases. This shift enables them to concentrate on essential business functions.

Cloud Database and DBaaS Market Trends

Serverless databases capitalize on serverless computing, reducing costs and administrative responsibilities for developers. Managed database services automate tasks like backups and scaling, lessening operational demands.

Cloud databases offer specialized analytics for large data sets. Security measures address compliance issues in cloud environments. Edge computing fulfils IoT needs with fast databases.

Cloud Database and DBaaS Industry Segmentation

Global Cloud Database and DBaaS Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Database Type

• Structured Query Language
• Not Only Structured Language

Market Breakup by Component

• Solution
• Services

Market Breakup by Service

• Professional Services
• Managed Services

Market Breakup by Deployment Model

• Public Cloud
• Private Cloud
• Hybrid Cloud

Market Breakup by Organisation Size

• Large Enterprises
• Small and Medium-Sized Enterprises

Market Breakup By Industry

• Banking, Financial Services, and Insurance
• Telecom and IT
• Government
• Consumer Goods and Retail
• Manufacturing
• Energy and Utilities
• Media and Entertainment
• Healthcare and Life Sciences
• Others

Market Breakup by Region

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

Cloud Database and DBaaS Market Share

Cloud database and DBaaS solutions contribute to growth by offering flexibility in deployment options. Organizations can select from public, private, or hybrid cloud setups based on their unique needs, driving market expansion.

By utilizing provider infrastructure, solutions cut expenses while providing scalable resources, deployment agility, enhanced performance, security, automated management, global reach, and disaster recovery for uninterrupted business operations.

Service providers deliver expertise, cost efficiency, scalability, flexibility, focus improvement, ongoing support, security, compliance, and access to cutting-edge technology, elevating cloud database management for businesses.

In the media and entertainment sector, cloud database and DBaaS components facilitate scalability to manage varying streaming service demands, ensuring smooth content delivery at peak times.

Cloud databases provide economical pay-as-you-go structures, worldwide accessibility for broad content dissemination, and analytics for tailored content suggestions, boosting user satisfaction and operational efficacy in the entertainment and media sector.

In healthcare, they ensure secure data handling, compatibility, and scalability, facilitating collaboration, research, and adherence to regulations. Disaster recovery mechanisms guarantee uninterrupted care and protect patient data by minimizing downtime.

Cloud Database and DBaaS Market Analysis by Region

North America dominates the market, largely due to its ability to provide scalability, enabling businesses to readily adjust their database resources according to fluctuating demand.

North America leads the cloud database and DBaaS sector with major players such as Google, Oracle, and Amazon, primarily in the US and Canada. Growing investments in cloud technology spur market growth, boosted by Canada's 93% internet user penetration in 2021.

The Asia-Pacific region is projected to flourish due to the heightened adoption of cloud computing across sectors.

Leading Manufacturers in the Cloud Database and DBaaS Market

Companies offer diverse global cloud solutions like computing, storage, databases, analytics, networking, mobile, developer tools, IoT, security, and enterprise apps, with on-demand access and flexible payment options.

IBM Corporation

IBM Corporation, founded in 1911 and based in Armonk, New York, is a worldwide technology enterprise offering a spectrum of hardware, software, and cloud-based solutions for businesses globally.

Oracle Corporation

Oracle Corporation, established in 1977 and headquartered in Redwood City, California, is acclaimed for its database management systems, cloud apps, and enterprise software spanning various industries worldwide.

Microsoft Corporation

Microsoft Corporation, founded in 1975 and located in Redmond, Washington, is a top technology firm specializing in software development, cloud services, and productivity solutions catering to individuals and businesses worldwide.

Other players in the market are Amazon Web Services, among others.