Cloud Database as a Service DBaaS Market size to grow from USD 12.0 billion in 2020 to USD 24.8 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 15% during the forecast period 2021-2027.
The cloud platform allows users to acquire virtual machines in limited cases, which allows them to operate databases on these virtual machines. Users can upload individual mechanism images with the installed database, or use ready-to-use machine pictures already configured with optimized fixation of the database. For example, Oracle has set up publishing an Oracle Database 11g project on Microsoft Azure and Amazon, etc. to provide a ready-to-use computer picture. With a database as a service, application buyers do not need to modify and maintain the database on their own. Instead, the database service provider is responsible for modifying and maintaining the database, and appliance purchases are charged as the service runs.
A full report of Cloud Database as a Service DBaaS Market available at: https://www.orionmarketreports.com/cloud-database-as-a-service-dbaas-market/59660/
Key Players
• Century Link Inc
• Oracle Corporation
• IBM
• Amazon
• Google Inc
• Microsoft Corporation
• Rackspace
• SAP AG
• Salesforce
Cloud Database as a Service DBaaS Market- Segmentation
By Type
• Database Application Designer
• Information Scaling and Imitation
• Backing and Recovery
• Record Encryption
• Others
By Application
• BFSI
• Government
• Media and Entertainment
• Retail
• Manufacturing
• It and Telecom
• Others
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