The global database automation market, which witnessed a valuation of nearly US$800 million in 2020, is on track to showcase robust growth with a strong double-digit Compound Annual Growth Rate (CAGR) throughout the forecast year of 2027. A recent study has provided valuable insights into the unfolding dynamics of this burgeoning market.
Empowering Database Management through Automation
Database automation involves the utilization of advanced processes and tools to simplify and enhance database administration tasks. It not only reduces deployment errors but also ensures higher reliability and speed in implementing changes. This allows Database Administrators (DBAs) to generate reports swiftly and identify issues more efficiently, ultimately saving time and resources.
Telecom Industry: A Driving Force
The telecommunications industry, known for its prolific data generation, is at the forefront of the database automation surge. With businesses increasingly offering cloud services for large-scale data integration, the demand for collaboration between database automation and telecom firms has surged. This partnership is crucial in ensuring minimal downtime and reliable services even in the event of data center failures.
AI-Powered Future
The rising demand for applications heavily reliant on Machine Learning (ML) and Deep Learning (DL) is compelling database automation vendors to expand their Artificial Intelligence (AI) capabilities. Approximately 57 percent of all application changes require corresponding database changes, according to Liquibases State of Database Deployments in Application Delivery survey. Robust data management systems capable of handling vast datasets and executing parallel computations are essential for ML and DL applications, further propelling the need for data automation solutions in the IT and telecommunications sectors.
DevOps Integration and Cloud Adoption
The adoption of DevOps practices, aimed at automating testing, deployment, documentation, development, and monitoring processes, has led to a proliferation of database automation. Additionally, the increasing use of public and private clouds to manage vast amounts of data is driving demand for more efficient and cost-effective database automation solutions.
Database Solutions Leading the Way
The solutions segment is anticipated to hold the largest market share in the database automation market throughout the forecast period. Automated database design and configuration are expected to exhibit the most significant CAGR during this period. These automation tools assist businesses, including those in banking, financial services, healthcare, retail, and e-commerce, in automating complex database design processes, allowing them to focus on critical decision-making and business strategies.
North Americas Technological Dominance
North America leads the way in the database automation market, driven by the increasing adoption of Big Data solutions by large IT companies. The region is witnessing a transition from traditional data center infrastructures to containerized and micro data centers. This shift is expected to accelerate market growth. Investments in modular data centers in tier-2 cities and government policies favoring cloud adoption contribute to the regions technological advancement.
Competitive Landscape
Key players in the global database automation market include Microsoft, IBM, Oracle, CA Technologies, Datavail, BMC Software, Redis Labs, Micro Focus, AWS, Percona, Severalnines, DBmaestro, HelpSystems, Datical, WhereScape, Redgate, Chef, Quest Software, NuoDB, IDERA, SAP, TestingWhiz, Puppet, Clustrix, and MemSQL.
Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa) https://www.fairfieldmarketresearch.com/report/database-automation-market
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This press release first seen on Brilad
COMTEX_442108586/2840/2023-10-19T04:37:34
Julian Lopez is professor emeritus of finance, served as the founding academic affairs dean and founding chair of the finance department.
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No journalist was involved in the writing and production of this article.