Increasing demand for database automation in the cloud deployment mode coupled with high investment in R&D of database automation is fueling the market growth.
The Global Database Automation Market is forecast to reach USD 3,984.4 Million by 2026, according to a new report by Reports and Data. Data automation is the process of updating the data on the open data portal in order to perform a specific set of tasks programmatically, rather than manually. Automation of the data processing has been very beneficial for long-term sustainability as the manual process often exhibits vital errors and also takes up quite a long time in contrast to the automated process for the large data sets. The global database automation market is growing significantly as the demand for database automation in the business process in BFSI, E-commerce and other industry verticals are flourishing predominantly. The rising requirement of advanced automation in data processing in the business operations is the crucial driving unit of this market. Cloud deployment is likely to enrich broadly due to the higher adoption rate of cloud-based solutions primarily in the large enterprises.
APAC is forecasted to achieve the fastest growth of about 31.7% in the period 2019 – 2026, due to its massive demand for the database automation solutions across most of the end-use verticals coupled with the gigantic increment in the volume of data, especially in the BFSI and E-commerce sectors. India and China are some of the fastest-growing countries in this region, having substantial growth in the E-commerce sectors and digitization in the BFSI companies.
Key participants include Microsoft, IBM, Google, Intel Corporation, Nokia Corporation, SAS Institute, Amazon Web Services, Inc., Oracle Corporation, Cisco Systems, and Narrative Science.
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Further key findings from the report suggest
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/database-automation-market
For the purpose of this report, Reports and Data have segmented the global database automation market on the basis of the organization size, application, component, deployment mode, end-use verticals, and region:
Organization Size Outlook (Revenue: USD Million; 2016-2026)
Application Size Outlook (Revenue: USD Million; 2016-2026)
Component Outlook (Revenue: USD Million; 2016-2026)
Deployment Mode Outlook (Revenue: USD Million; 2016-2026)
End-Use Verticals Outlook (Revenue: USD Million; 2016-2026)
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Regional Outlook (Revenue: USD Million; 2016-2026)
Finally, all aspects of the Database Automation market are quantitatively as well qualitatively assessed to study the global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects.
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