Published by IMARC Services Private Limited
Posted on October 7, 2021
4 min readLast updated: January 30, 2026
The Database-as-a-Service market is projected to grow significantly, driven by increased digitization and cloud adoption, with a forecasted CAGR of 20% from 2021 to 2026.
According to IMARC Group’s latest report, titled “Database-as-a-Service Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global database-as-a-service market reached a value of US$ 12.8 Billion in 2020. Looking forward, the market is expected to grow at a CAGR of around 20% during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Database-as-a-Service (DBaaS) is a cloud computing managed service through which users can access cloud database systems without requiring an on-premise database management system. It ensures round-the-clock availability of secured database systems and integrated management tools, such as logging, key management, and activity tracking utilities. DBaaS also offers simplified configuring, monitoring, and database maintenance processes, thereby supporting organizations in risk management, consumer-targeted marketing, and controlling overhead expenses. As a result, it is gaining momentum across small and medium-sized enterprises (SMEs), globally.
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Market Trends
The increasing penetration of smartphones, along with the growing popularity of software-based mobile applications, is primarily bolstering the market for DBaaS. Additionally, rising levels of digitization in the banking, financial services, and insurance (BFSI) sector, leading to an increased data volume, are further augmenting the need for an efficient database management system. Besides this, the growing consumer preferences towards personalized preventive care and health management systems are propelling the adoption of DBaaS in the healthcare sector. Moreover, the sudden outbreak of the COVID-19 has led to the implementation of stringent lockdown regulations across several countries. As a result, numerous organizations have adopted remote working models and cloud computing services, thereby catalyzing the demand for DBaaS for remote exchange of documents and database management.
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List of Key Companies Covered in this Market Report:
The report has segmented the market on the basis of type, deployment type, organization size, end user and geography.
Breakup by Type:
Breakup by Deployment Type:
Breakup by Organization Size:
Breakup by End User:
Breakup by Geography:
Key highlights of the report:
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The article focuses on the Database-as-a-Service market, its growth trends, and future forecasts.
Increased digitization, cloud adoption, and the need for efficient database management systems are key drivers.
Major companies include Amazon, Google, IBM, Microsoft, and Oracle.
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