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Cloud Non-Relational Database Market – By Deployment Model (Public cloud, Private cloud, Hybrid cloud), By Database (SQL Database, NoSQL Database), By Software (Database Application Builder, Data Scaling & Replication, Backup & Recovery, Database Encryption and Others), By Services (Training and Consulting Services, System and Network Integration, Deployment and Maintenance), By Organization Size (Small and Medium Enterprises, Large Enterprises), By End User (BFSI, Retail, Healthcare and Life sciences, IT and Telecom, Education, Government and Public Sector and Others), By Geography - Global Opportunity Analysis & Industry Forecast, 2024-2030
Cloud Non-Relational Database Market Overview:
Cloud Non-Relational Database Market is forecast to reach $23.8 billion by 2030, after growing at a CAGR of 17.3% during 2024-2030. The pursuit of innovation and competitive advantage is driving the cloud database market. Businesses are leveraging cloud databases to implement cutting-edge technologies such as artificial intelligence, machine learning, and big data analytics. These technologies require scalable and high-performance data management solutions that cloud databases can provide. By adopting cloud databases, organizations can quickly innovate, develop new products and services, and gain a competitive edge in the market. The ability to support advanced technologies and drive innovation is a key factor fueling the growth of cloud databases, Cloud Non-Relational Database provides customers with data storage, automatic data backups and replication thereby boosting the adoption of Database as a Service (DBaaS) during the forecast period 2024-2030.
Market Trends:
Increased Adoption of Hybrid Cloud Solutions:
The market for cloud-based solutions is witnessing a significant trend with the increased adoption of hybrid cloud solutions. Organizations are increasingly recognizing the benefits of combining both public and private cloud infrastructures to create a hybrid environment. This approach allows businesses to enjoy the flexibility and scalability of public clouds while maintaining control over sensitive data and critical applications through private clouds. The widespread adoption of cloud computing across various industries is a significant driver of the cloud database market. Organizations are increasingly migrating their data and applications to the cloud to leverage its benefits, such as scalability, flexibility, and cost-efficiency. Cloud databases enable businesses to manage and store large volumes of data without the need for on-premises infrastructure, reducing capital expenditures and operational costs. The shift towards cloud-based solutions is fueling the demand for cloud databases, as they provide seamless integration with cloud services and support the dynamic needs of modern enterprises.
Advancements in Artificial Intelligence and Machine Learning Services:
The cloud-based market is experiencing a significant trend driven by advancements in artificial intelligence (AI) and machine learning (ML) services. Cloud providers are increasingly enhancing their platforms with robust AI and ML capabilities, making these technologies more accessible to a broader range of businesses. From pre-built models for common use cases to customizable frameworks, cloud-based AI and ML services empower organizations to leverage the potential of these technologies without the need for extensive in-house expertise. The trend is fostering innovation across industries, enabling businesses to extract valuable insights, automate processes, and enhance decision-making through AI and ML applications. As the demand for intelligent solutions grows, cloud providers are expected to continue expanding their AI and ML offerings, making these advanced capabilities integral to cloud-based solutions across diverse sectors.
Market Snapshot:
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Cloud Non-Relational Database Market - Report Coverage:
The “Cloud Non-Relational Database Market Report - Forecast (2024-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Cloud Non-Relational Database Market.
| Attribute | Segment |
|---|---|
By Deployment Model |
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By Database |
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By Software |
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By Services |
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By Organization Size |
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By End-User |
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By Geography |
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COVID-19 / Ukraine Crisis - Impact Analysis:
● The COVID-19 pandemic has significantly influenced the trajectory of the cloud-based market, both in terms of challenges and opportunities. As the world grappled with the disruptions caused by lockdowns, remote work mandates, and an increased reliance on digital technologies, the demand for cloud-based solutions experienced a substantial upswing. The pandemic acted as a catalyst, accelerating the adoption of cloud services across various industries. Organizations swiftly embraced cloud-based infrastructure to facilitate remote work, ensure business continuity, and scale their digital operations. The surge in demand for cloud services was particularly evident in collaboration tools, remote communication platforms, and infrastructure-as-a-service (IaaS) solutions. Concerns around data privacy, cybersecurity, and the potential impact of economic uncertainties influenced decision-making processes.
● Geopolitical events, such as conflicts or wars, can have indirect impacts on the global economy, technology sectors, and supply chains, including cloud-based services. Disruptions in geopolitical stability can potentially lead to uncertainties in the business environment, affecting investment decisions, international collaborations, and the overall economic landscape. In the context of the cloud-based market, any disruptions in the geopolitical landscape could influence the strategies of businesses, cloud service providers, and technology vendors. Factors such as changes in regulatory environments, shifts in investment patterns, and altered market dynamics due to geopolitical tensions might contribute to uncertainties for the cloud-based market.
Key Takeaways:
● Dominance of North America
In 2023, North America dominated the Cloud Non-Relational Database Market with a market share of 45%, followed by APAC and Europe. The major factor contributing to the major market share is the presence of large Cloud Non-Relational Database vendors including Amazon, Google, Oracle and so on, as they provide enhanced advanced technical architecture and Cloud Non-Relational Database security to the customers in this region thereby boosting the market during the forecast period 2024-2030. APAC is also analysed to grow at the highest rate during the forecast period owing to the increasing adoption of IoT and the major shift of the various enterprises towards cloud computing. Moreover, the significant rise in investments towards the shift of enterprises and the use of IoT in various applications including smart homes, roads and so on are boosting the Cloud Non-Relational Database Market.
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● IT and Telecom application segment held the largest market share
IT and Telecom held the major market share Cloud Non-Relational Database Market in 2023 and are also analyzed to grow at the highest CAGR of 19.7% during the forecast period 2024-2030. Cloud computing is majorly deployed in the IT industry owing to its advantages such as high scalability, low cost and access through cloud platforms. Moreover, the increasing demand for IoT and the adoption of the database as a server is contributing to the overall IT industry. Adding up to these factors, deployment of cloud digital databases reduces the IT complexities and operational costs. It helps in creating Virtual machine images as well. Further, the employment of big data management in BFSI applications is also analyzed to boost the market for No SQL implemented storage in DBaaS solutions during the forecast period 2024-2030.
● Large Enterprises Segment to Hold Largest Market Share
Large enterprises held the largest share of the Cloud Non-Relational Database Market in 2023 and are projected to grow at a CAGR of 36.1% through 2030. Large enterprises are majorly opting for private Cloud Non-Relational Databases based on No SQL-implemented storage thereby ensuring security along with additional benefits including reduced infrastructure configuration, management overheads and so on. Enterprises can use cloud virtualization solutions, tools and databases to develop their Cloud Non-Relational Database applications and solutions. The rising usage of databases as a virtual image machine will further drive the market. Forbes has stated that 83% of enterprise workloads will be in the cloud by 2023 thereby creating a wide range of opportunities for the Cloud Non-Relational Database Market. It has also stated that 30% of all the IT budgets were allocated to cloud computing thereby contributing to the market share. However small and medium-scale enterprises are analyzed to have the highest growth rate during the forecast period 2024-2030.
● Growing demand for Database as a service (DBaaS)
Cloud Non-Relational Database eliminates physical infrastructure and provides faster time to application development at lower cost. Moreover, DBaaS solutions provide benefits including instantaneous scalability, performance guarantees, failover support, declining pricing and specialized expertise. With the rise in cloud computing the demand for servers and DBaas has significantly increased, primarily DBaaS provision benefits including lower database licensing and infrastructure costs and so on are impacting the rise of the demand for DBaas market thereby elevating the growth of the Cloud Non-Relational Database Market.
● Cost Effectiveness
The cost-effectiveness of cloud databases is a major driver for their adoption. Traditional on-premises databases require significant investments in hardware, software, and maintenance. In contrast, cloud databases operate on a subscription-based model, reducing upfront capital expenditures. Businesses only pay for the resources they use, allowing for more predictable and manageable operational costs. Additionally, cloud service providers handle maintenance, updates, and security, further reducing the burden on internal IT teams. The financial benefits of cloud databases are driving their widespread adoption across organizations of all sizes.
● Enhanced Security and Compliance
Improved security and compliance features are significant drivers of the cloud database market. Cloud service providers invest heavily in advanced security measures, including encryption, access controls, and threat detection, to protect data. Additionally, they offer compliance with various regulatory standards such as GDPR, HIPAA, and PCI-DSS, ensuring that businesses meet legal and industry-specific requirements. The enhanced security and compliance capabilities of cloud databases provide organizations with confidence that their data is protected and compliant, encouraging the shift to cloud-based solutions.
Key Market Players:
Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the Cloud Non-Relational Database Market. The top 10 companies in this industry are listed below:
1. Google Inc.
2. Amazon Web Services, Inc.
3. Oracle Corporation
4. Microsoft Corporation
5. IBM Corporation
6. Rackspace Inc.
7. Salesforce Inc.
8. SAP SE
9. Alibaba Group
10. MongoDB, Inc.
Scope of Report:
| Report Metric | Details |
|---|---|
Base Year Considered | 2023 |
Forecast Period | 2024–2030 |
CAGR | 17.3% |
Market Size in 2030 | $23.8 billion |
Segments Covered | Deployment model, Database, Software, Services, Organization Size, End-user and Region |
Geographies Covered | North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Netherlands and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and Rest of Asia-Pacific), South America (Brazil, Argentina, Colombia and Rest of South America), Rest of the World (Middle East and Africa). |
Key Market Players |
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1. Cloud Non-Relational Database Market Overview
1.1 Definitions and Scope
2. Cloud Non-Relational Database Market - Executive Summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by Software
2.3 Key Trends by End-Use Industry
2.4 Key Trends Segmented by Geography
3. Cloud Non-Relational Database Market – Market Landscape
3.1 Comparative Analysis
3.1.1 Product/Company Benchmarking-Top 5 Companies
3.1.2 Top 5 Financial Analysis
3.1.3 Market Value Split by Top 5 Companies
3.1.4 Patent Analysis
3.1.5 Pricing Analysis (Comparison of General Price of Industry Solutions)
4. Cloud Non-Relational Database Market – Industry Market Entry Scenario Premium Premium
4.1 Regulatory Scenario
4.2 Ease of Doing Business Index
4.3 Case Studies
4.4 Customer Analysis
5. Cloud Non-Relational Database Market – Startup Company Scenario Premium
5.1 Venture Capital and Funding Scenario
5.2 Startup Company Analysis
6. Cloud Non-Relational Database Market - Market Forces
6.1 Market Drivers
6.2 Market Constraints
6.3 Porters five force model
6.3.1 Bargaining power of suppliers
6.3.2 Bargaining powers of customers
6.3.3 Threat of New Entrants
6.3.4 Rivalry among existing players
6.3.5 Threat of Substitutes
7. Cloud Non-Relational Database Market – By Strategic Analysis (Market Size -$Million/Billion)
7.1 Value Chain Analysis
7.2 Opportunities Analysis
7.3 Product Life Cycle/Market Life Cycle Analysis
8. Cloud Non-Relational Database Market – By Deployment Model (Market Size -$Million/Billion)
8.1 Public Cloud
8.2 Private Cloud
8.3 Hybrid Cloud
10. Cloud Non-Relational Database Market – By Database (Market Size -$Million/Billion)
10.1 SQL Database
10.2 NoSQL Database
11. Cloud Non-Relational Database Market – By Software (Market Size -$Million/Billion)
11.1 Database Application Builder
11.2 Data Scaling & Replication
11.3 Backup & Recovery
11.4 Database Encryption
11.5 Others
12. Cloud Non-Relational Database Market – By Service (Market Size -$Million/Billion)
12.1 Training and Consulting Services
12.2 System and Network Integration
12.3 Deployment and Maintenance
13. Cloud Non-Relational Database Market – By Organization Size (Market Size -$Million/Billion)
13.1 SMEs
13.2 Large Enterprises
14. Cloud Non-Relational Database Market – By Industry Vertical (Market Size -$Million/Billion)
14.1 BFSI
14.2 Retail
14.3 Healthcare and Life Sciences
14.4 IT and Telecom
14.5 Education
14.6 Government and Public Sector
14.7 Others
15. Cloud Non-Relational Database Market - By Geography (Market Size -$Million/Billion)
15.1 North America
15.1.1 U.S
15.1.2 Canada
15.1.3 Mexico
15.2 South America
15.2.1 Brazil
15.2.2 Argentina
15.2.3 Chile
15.2.4 Colombia
15.2.5 Others
15.3 Europe
15.3.1 Germany
15.3.2 France
15.3.3 UK
15.3.4 Italy
15.3.5 Spain
15.3.6 Russia
15.3.7 Netherlands
15.3.8 Others
15.4 APAC
15.4.1 China
15.4.2 Japan
15.4.3 South Korea
15.4.4 India
15.4.5 Australia
15.4.6 Indonesia
15.4.7 Malaysia
15.4.8 Others
15.5 RoW
15.5.1 Middle East
15.5.2 Africa
16. Cloud Non-Relational Database Market - Market Entropy
16.1 New product launches
16.2 M&A's, collaborations, JVs and partnerships
17. Cloud Non-Relational Database Market – Industry Competitive Landscape Premium
17.1 Market Share at Global Level - Major companies
17.1.1 Market Share by Key Region - Major companies
17.1.2 Market Share by Key Country - Major companies
17.2. Competition Matrix
17.3. Best Practises for companies
18. Cloud Non-Relational Database Market – Key Company List by Country Premium Premium
19. Cloud Non-Relational Database Market - Company Analysis
19.1 Google Inc.
19.2 Amazon Web Services, Inc.
19.3 Oracle Corporation
19.4 Microsoft Corporation
19.5 IBM Corporation
19.6 Rackspace Inc.
19.7 Salesforce Inc.
19.8 SAP SE
19.9 Alibaba Group
19.10 MongoDB, Inc.
"*Financials would be provided on a best efforts basis for private companies"
The Cloud Non-Relational Database Market is projected to grow at a CAGR of 17.3% during the forecast period 2024-2030.
Global Cloud Non-Relational Database Market size is estimated to be $6.3 billion in 2023 and is projected to reach $23.8 billion by 2030.
The leading players in the Cloud Non-Relational Database Market are Google Inc., Amazon Web Services, Inc., Oracle Corporation, Microsoft Corporation and Others.
Advancements in Artificial Intelligence and Machine Learning Services are likely to gain prominence which will create growth opportunities for the market during the forecast period.
Growing demand for Database as a service (DBaaS) and Rising Data Storage Requirements are the driving factors of the market.