Database As A Service Provider Statistics 2024


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In the rapidly evolving technological landscape of 2024, understanding the dynamics of the Database as a Service (DBaaS) market is more critical than ever. The statistics surrounding DBaaS adoption, market growth, and usage patterns offer invaluable insights into how businesses are leveraging cloud-based data management to enhance efficiency, scalability, and security. These figures are not just numbers; they are vital indicators of the trends and shifts that are reshaping the business landscape, reflecting the strategic choices companies make to stay competitive in a digital-first world.

Key stakeholders, including IT decision-makers, business strategists, investors, and technology vendors, will find this data particularly valuable. For IT managers and business leaders, these statistics can guide infrastructure investments and technology roadmaps. Investors and venture capitalists, on the other hand, can leverage this information to identify lucrative investment opportunities in the burgeoning cloud services sector. Technology vendors can use these insights to tailor their offerings and capture emerging market needs.

Ultimately, the data on DBaaS for 2024 serves as a beacon for informed decision-making. It helps businesses and stakeholders navigate the complexities of the digital transformation, ensuring they are well-positioned to capitalize on the opportunities this dynamic market presents. As we dive deeper into these statistics, it becomes evident how essential they are in shaping strategies that drive innovation and growth in the tech industry.

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Top Database As A Service Provider Statistics 2024

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Adoption And Usage Statistics

  • 57% of surveyed organizations were using relational DBaaS technologies in late 2023. [?]
  • 44% of surveyed organizations were using NoSQL database services in late 2023. [1]
  • The global cloud database and DBaaS market is anticipated to reach USD 49.78 billion by 2030. [2]
  • The market is expected to grow at a CAGR of 16.3% from 2023 to 2030. [2]
  • The solution segment accounted for 54.3% of major revenue share in 2022. [2]
  • The service segment is anticipated to witness the highest growth rate of 17.3% during the forecast period. [2]
  • The hybrid cloud segment dominated the industry with the highest revenue share of 47.8% in 2022. [2]
  • The private cloud segment is anticipated to witness the highest growth rate of 19.2% during the forecast period. [2]
  • The IT and telecommunication segment held a major revenue share of 17.9% in 2022. [2]
  • The automotive industry is expected to grow at a CAGR of 19.0% during the forecast period. [2]
  • North America held the highest market share of 35.1% in 2022. [2]
  • Asia Pacific is expected to grow at the highest CAGR of 19.3% during the forecast period. [2]
  • The NoSQL segment is expected to witness the highest CAGR of 17.3% during the forecast period. [2]
  • The large-sized enterprise segment captured a major revenue share of 53.0% in 2022. [2]
  • The Small and Medium-sized Enterprise (SMEs) segment is anticipated to grow at the highest CAGR of 17.2% during the forecast period. [2]
  • The global cloud database and DBaaS market is projected to reach US$ 59.5 billion by 2032, growing at a CAGR of 14%. [3]
  • By 2023, 31% of organizations expect to run 75% of their workloads in the cloud. [6]
  • In 2023, Gartner estimates global end-user spending on public clouds will reach over $599 billion. [6]
  • 31% of enterprises spend over $12 million on public cloud services annually. [6]

Market Forecasts And Financials

  • The global cloud database and DBaaS market size is anticipated to reach USD 49.78 billion by 2030. [2]
  • The market is expected to grow at a CAGR of 16.3% from 2023 to 2030. [2]
  • Cloud spending to reach nearly $600 billion in 2023. [6]
  • The global cloud computing market will surpass $1 trillion by 2028. [6]
  • The global Cloud Database and DBaaS market is projected to reach US$ 59.5 Bn by 2032, growing at a CAGR of 14%. [3]
  • The global cloud computing market grew from $24.63 billion in 2010 to $156.4 billion in 2020. [6]
  • 54% of small and medium-sized businesses spend more than $1.2 million on the cloud. [6]

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Regional Insights

  • North America held the highest market share of 35.1% in 2022 and is anticipated to grow over the forecast period. [2]
  • Asia Pacific is expected to grow at the highest CAGR of 19.3% during the forecast period. [2]
  • The managed database services industry in the United States is expected to reach a market share of US$ 168.0 billion by 2033. [15]
  • The managed database services market in China is anticipated to reach a market share of US$ 108.0 billion. [15]

Technological And Industry Trends

  • 94% of IT professionals said cloud computing helps them reduce time to market. [6]
  • 40% of organizations in developing regions are currently evaluating and planning cloud strategies. [6]
  • 82% of teams use automation to optimize cloud costs. [6]
  • Migrating to the cloud reduces carbon emissions by 84%. [6]
  • Cloud-based businesses can resolve disaster recovery issues in just 2.1 hours, as opposed to 8 hours for businesses that didn’t use cloud services. [6]
  • The cloud allows universities, private institutions, and K-12 public schools to provide learning, homework, and grading systems online. [11]

Market Segmentation And Growth Areas

  • The service segment is expected to witness the highest growth rate of 17.3% due to constant need for regular backups, security updates, and performance optimization. [2]
  • The private cloud segment is anticipated to witness the highest growth rate of 19.2% during the forecast period. [2]
  • The NoSQL segment is expected to witness the highest CAGR of 17.3% during the forecast period. [2]
  • The Small and Medium-sized Enterprise (SMEs) segment is anticipated to grow at the highest CAGR of 17.2% during the forecast period. [2]
  • The automotive industry is expected to grow at a CAGR of 19.0% during the forecast period. [2]

Enterprise And Organizational Usage

  • Nearly one-third of respondents said they were managing more than 300 databases in their organization’s environment. [5]
  • Nearly 60% of respondents said less than one-fourth of the data or systems currently managed within their organization were in the cloud. [5]
  • About two-thirds of respondents currently operate in a public cloud and 45% use a private cloud. [6]
  • 48% plan to migrate at least half of their applications to the cloud in the next year. [6]
  • 47% are pursuing a cloud-first strategy; 30% are already cloud-native. [6]

Security And Compliance

  • 60% of C-Suite executives believe cloud computing improves security. [6]
  • Security is the top benefit of cloud computing, according to 60% of C-Suite executives. [6]
  • 95% of organizations struggle with unexpected outages. [6]
  • IT downtime costs on average $5,600 per minute. [6]
  • A single hour of downtime costs enterprises over $100,000. [6]
  • Managing cloud spend is the main challenge for 82% of organizations. [6]
  • Over 50% of SMEs technology budget will go to cloud spend in 2023. [6]
  • 71% of organizations expect their cloud spend to increase. [6]

Cloud Services And Providers

  • Amazon Web Services dominates with 34% market share. [6]
  • Azure is second with 21% of the market, followed by Google Cloud (10%), Alibaba (5%), and IBM (4%). [6]
  • AWS commands 34% of the cloud market, a 1% increase year-over-year. [6]
  • AWS’s revenue from cloud services grew from 5.62% in 2014 to 13.24% in 2021. [6]

Economic And Environmental Impact

  • Migrating to the cloud reduces carbon emissions by 84%. [6]
  • The global cloud computing market is expected to reach $1.24 trillion by 2027. [17]
  • The cloud computing market is expected to grow at a CAGR of 17.9% from 2022 to 2027. [17]

Workload And Application Management

  • Modern access patterns require data to be available in real time, 24/7. [4]
  • 75% of organizations report an increase in cloud waste. [6]
  • 59% of tech leaders use hybrid or multicloud for security. [6]
  • Cloud-based workloads account for 75% of workloads in 1 out of 5 organizations. [6]
  • About 39% of respondents are already running at least half of their workload on the cloud. [6]

Customer And User Base

  • Over 25,000 customers use MongoDB Atlas to innovate and build the applications of tomorrow. [4]
  • Organizations want to ensure zero downtime and rest assured that customers and users can reliably interact with the application 24/7, 365 days a year. [7]

Cloud Cost And Efficiency

  • Cloud costs are higher than expected for 6 in 10 organizations. [6]
  • 42% of CIOs and CTOs consider cloud waste the top challenge. [6]
  • Cloud waste averaged 30% of companies’ cloud budgets in 2021. [6]

Cloud Market And Vendor Landscape

  • Amazon Web Services remains the biggest public cloud provider, with a 32% share of the market. [23]
  • Microsoft Azure is the second-biggest cloud service in the world, with a 23% market share. [23]
  • Google Cloud trails the other two big cloud computing players with an 11% market share. [23]

Cloud Database And Dbaas Trends

  • Cloud Database and DBaaS Market is showing growth at a CAGR of ~11% in 2019-2022 and is expected to witness a robust growth rate at a CAGR of 14.5% during the period 2024-2029. [21]
  • The global cloud database and DBaaS market is expected to grow from USD 21.3 billion in 2023 to USD 57.5 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 22.0%. [10]
  • The solution segment captured 64.3% of the market share in 2022. [12]

Future Market Insights

  • By 2025, the global cloud application market is projected to reach $168.6 billion. [20]
  • The global market size for Everything as a Service (XaaS) is projected to attain ~$1600 billion by 2028. [18]
  • The cloud will host more than 100 zettabytes of data by 2025. [6]
  • By 2025, Cisco estimates there will be more than 75 billion Internet of Things devices worldwide. [6]

Cloud Database Performance And Slas

  • DBaaS SLAs are set to change and get better in 2024. [9]
  • For example, Amazon RDS gives back 10% for each hour it’s down, up to 30% of what you pay each month. [9]
  • High availability and uptime guarantees are vital for DBaaS offerings. [9]

Cloud Data Management

  • Health records make up 23.2% of sensitive data in the cloud. [6]
  • More than 60% of corporate data is now stored in the cloud. [6]
  • Data about employees follows (48.9%), while records about customers and health are stored in the cloud quite frequently. [6]

Cloud Security And Compliance

  • Cybercrime costs an organization about $13.0 million on average. [6]
  • The cost of a data breach in 2023 was about $4.5 million on average. [6]
  • Migrating to the cloud reduces carbon emissions by 84%. [6]
  • Security is the top benefit of cloud computing, according to 60% of C-Suite executives. [6]

Cloud Market Dynamics

  • In 2021, the global database as a service (DBaaS) market reached a value of $16.9 billion. [13]
  • DBaaS, a prominent cloud service, is one of the fastest-growing categories of Software-as-a-Service (SaaS) offerings and is expected to reach $320 billion by 2025. [14]

Cloud Infrastructure And Deployment

  • Cloud infrastructure services generate $178 billion per year in revenue. [16]
  • Cloud infrastructure services including IaaS, PaaS, and hosted private cloud pulled in over $50 billion in sales during the 4th quarter of 2021 alone. [16]
  • Global cloud infrastructure spending is projected to reach $1.35 trillion by 2027. [16]

Cloud Applications And Services

  • The cloud application services market generated over $152 billion in end-user spending in 2021. [6]
  • Cloud-based workloads account for 75% of workloads in 1 out of 5 organizations. [6]
  • By 2023, 31% of organizations expect to run 75% of their workloads in the cloud. [6]

Automation And Optimization

  • 82% of teams use automation to optimize cloud costs. [6]
  • 70% of organizations have deployed commercial, open-source, or custom cloud cost management solutions. [6]
  • A further 82% believe automation is critical or very valuable for optimizing cloud ROI and streamlining cloud operations. [6]

Regulatory And Compliance

  • 94% of organizations struggle with unexpected outages. [6]
  • 60% of C-Suite executives believe cloud computing improves security. [6]
  • Security is the top benefit of cloud computing, according to 60% of C-Suite executives. [6]

Future Predictions And Trends

  • The cloud market in Mainland China experienced a 10% growth, reaching a total of $30.3 billion. [18]
  • By 2027, the three biggest spenders on public cloud services will be responsible for a combined $326 billion in spending. [23]
  • By 2025, the global cloud application market is projected to reach $168.6 billion. [20]

Cloud Data Storage

  • The world will store 200 zettabytes of data by 2025. [23]
  • More than 60% of corporate data is stored in the cloud. [6]
  • The cloud storage market is expected to grow to $50.8 billion by 2027. [20]

Cloud Computing Challenges

  • Managing cloud spend is the main challenge for 82% of organizations. [6]
  • 71% of respondents said security was a top challenge, more than managing cloud spend, governance, and compliance. [6]
  • 81% of respondents named data loss and leakage as a top cloud security concern. [6]

Cloud Adoption And Implementation

  • About 63% of small and medium-sized business (SMB) workloads are now hosted in the cloud. [23]
  • 92% of organizations use a multicloud approach, combining different public and private cloud service providers. [23]
  • Cloud adoption continues to be important with the iPaaS market growing by ~35% in 2022. [18]

Edge Computing And Iot

  • Edge computing is on track to become a $251 billion market. [6]
  • The findings show that edge computing will generate $250.6 billion in hardware, software, and services spend by 2024. [6]
  • Some insiders estimate 33% of all workloads could run at the edge by 2025. [6]

Environmental Impact

  • Migrating to the cloud reduces carbon emissions by up to 84%. [6]
  • Eco-friendly brands can reduce carbon emissions by up to 84% and energy consumption by up to 64% by moving to Infrastructure-as-a-Service (IaaS). [6]

Cloud Data Protection

  • The average cost of a data breach in 2023 was about $4.5 million. [6]
  • The healthcare sector is particularly sensitive, with the average breach costing the most of any sector; $10.10 million. [6]
  • Data breaches exposed more than 22 billion records. [6]

Cloud Gaming Market

  • The cloud gaming market could be worth over $6 billion by the end of 2024. [16]
  • The global cloud gaming market is projected to grow to $40.81 billion by 2029. [22]

Cloud Market Opportunities

  • The cloud market is projected to be worth $376.36 billion by 2029. [22]
  • Cloud revenue in Asia is expected to reach $225.55 billion by 2027. [22]
  • The Asian-Pacific public cloud market is expected to grow at a CAGR rate of 26.4% until 2026. [22]

Dbaas Market Analysis

  • The database as a service (DBaaS) market is anticipated to grow at a compound annual growth rate (CAGR) of 21.32% over the forecast period to reach US$84.983 billion by 2029. [8]
  • The global database-as-a-service market size is expected to grow from USD 21.3 billion in 2023 to USD 57.5 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 22.0%. [10]

Cloud Computing Market Insights

  • The global cloud database and DBaaS market size was valued at USD 15.05 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 16.3% from 2023 to 2030. [19]
  • The cloud computing market in Europe was worth $63 billion in 2021. [22]
  • The cloud market in Mainland China experienced a 10% growth, reaching a total of $30.3 billion. [18]

Cloud Services And Vendor Market Share

  • AWS remains the most popular cloud service, with a 33% market share at the start of 2022. [22]
  • Microsoft’s cloud platform gained a 2% market share in 2022 from 2021, with revenue up 24%. [22]
  • Google Cloud nearly doubled its market share between 2017-2022, from 6% to 11%. [22]

Cloud Cost Management

  • Cloud costs are higher than expected for 6 in 10 organizations. [6]
  • Cloud waste averaged 30% of companies’ cloud budgets in 2021. [6]
  • 42% of CIOs and CTOs consider cloud waste the top challenge. [6]

Cloud Computing Adoption Rates

  • 94% of IT professionals said cloud computing helps them reduce time to market. [6]
  • 40% of organizations in developing regions are currently evaluating and planning cloud strategies. [6]
  • 82% of teams use automation to optimize cloud costs. [6]

Cloud Market And Vendor Landscape

  • Amazon Web Services remains the biggest public cloud provider, with a 32% share of the market. [23]
  • Microsoft Azure is the second-biggest cloud service in the world, with a 23% market share. [23]
  • Google Cloud trails the other two big cloud computing players with an 11% market share. [23]

Market Dynamics And Future Predictions

  • The cloud market in Mainland China experienced a 10% growth, reaching a total of $30.3 billion. [18]
  • By 2027, the three biggest spenders on public cloud services will be responsible for a combined $326 billion in spending. [23]
  • By 2025, the global cloud application market is projected to reach $168.6 billion. [20]

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Sources

  1. techtarget – https://www.techtarget.com/searchdatamanagement/definition/database-as-a-service-DBaaS
  2. grandviewresearch – https://www.grandviewresearch.com/press-release/global-cloud-database-dbaas-market
  3. adroitmarketresearch – https://www.adroitmarketresearch.com/industry-reports/cloud-database-and-dbaas-market
  4. mongodb – https://www.mongodb.com/solutions/use-cases/data-as-a-service
  5. federalnewsnetwork – https://federalnewsnetwork.com/commentary/2022/04/how-federal-it-pros-can-prepare-for-the-shift-to-cloud-dbaas-adoption/
  6. cloudzero – https://www.cloudzero.com/blog/cloud-computing-statistics/
  7. scylladb – https://www.scylladb.com/learn/database-as-a-service-dbaas/
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  9. daily – https://daily.dev/blog/dbaas-slas-what-to-know-in-2024
  10. marketsandmarkets – https://www.marketsandmarkets.com/Market-Reports/cloud-database-as-a-service-dbaas-market-1112.html
  11. itexico – https://www.itexico.com/blog/what-is-cloud-adoption-and-why-it-is-important
  12. futuremarketinsights – https://www.futuremarketinsights.com/reports/cloud-database-and-dbaas-market
  13. datto – https://www.datto.com/blog/what-is-database-as-a-service/
  14. scalegrid – https://scalegrid.io/blog/dbaas-pros-cons/
  15. futuremarketinsights – https://www.futuremarketinsights.com/reports/managed-database-services-market
  16. explodingtopics – https://explodingtopics.com/blog/cloud-computing-stats
  17. explodingtopics – https://explodingtopics.com/blog/corporate-cloud-data
  18. aimultiple – https://research.aimultiple.com/cloud-computing-stats/
  19. grandviewresearch – https://www.grandviewresearch.com/industry-analysis/cloud-database-dbaas-market-report
  20. cloudwards – https://www.cloudwards.net/cloud-computing-statistics/
  21. yahoo – https://finance.yahoo.com/news/global-cloud-database-dbaas-market-154500035.html
  22. aag-it – https://aag-it.com/the-latest-cloud-computing-statistics/
  23. spacelift – https://spacelift.io/blog/cloud-computing-statistics

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