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.

The market is extremely competitive with vendors competing to gain a greater market share. Players in the market are constantly looking for ways to increase their market share through mergers and acquisitions and partnerships, as well as raising funding. Among them, Amazon Web Services is the leading player in the Europe cloud-based database market with the market share of 32.52% in 2017, in terms of revenue.
GIR expects an increasing uptake of the cloud-based database across the globe for efficient and effective storage of databases in the cloud. The adoption of this service is growing with increased confidence of organizations in cloud for critical applications and lower prices due to increased competition. This will help the users to concentrate on their core competencies which will result in better customer satisfaction.

The Global Cloud-based Database Market size was xxx million USD with a CAGR xx % from 2018- 2022. It will stretch to xxx million USD in 2023 with a CAGR of xx % from 2023 - 2030.

As the report focuses on global Cloud-based Database Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.

in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.

In Market segmentation by manufacturers, the report covers the following companies-

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

In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types covers:

SQL Database
NoSQL Database
In Market segmentation by applications :

Small and Medium Business
Large Enterprises

Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Cloud-based Database Market for the forecast period 2023 - 2030?
• What are the driving forces in the Cloud-based Database Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Cloud-based Database industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

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