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Innovations in Database Management Systems (DBMS) are welcome by organizations that operate in the cloud. On-premise database infrastructure is the expensive alternative that businesses are slowly stepping away from. Therefore, cloud service providers are the default platforms for DBMS now. Cloud-based DBMS is better known as Database as a Service (DBaaS). This infographic talks about the trends in adoption of DBaaS as a solution by different businesses. We highlight the factors that cause the shift from on-premise DBMS to the cloud solution.
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Database Management in the cloud. EXPLAINS When database management moves to the cloud it evolves into a more efficient method database and is better knows as Database as a Service (DBaaS). of managing By 2021, the revenue from cloud-based DBMS will equal 50% of the total DBMS revenue. It is also predicted that by 2023, 75% of all database will be in the cloud. 50% Cloud-based 2021 Item 2 50% Item 1 50% Total DBMS Revenue Item 2 25% 2023 75% in the cloud Item 1 75% Total database The DBaaS market size is to grow from $12.0B USD in 2020 to $24.8B USD by 2025, CAGR of 15.7% between 2020-2025. $12.0B 2020 $24.8B 2025 0 5 10 15 20 25 =15.7% North America is set to be the highest shareholder in the market for DBaaS services availed and provided in the given period! Consumer and retail sector is said to attain the highest CAGR in the forecast period. In terms of Industry vertical, BFSI has the largest market share because of its data-centric nature. CAUSES OF CHOOSING DBAAS Managing data without any on-premise commitment makes DBaaS a sought after alternative to traditional DBMS. SECURITY OF THE DATA CLOUD-NATIVE ARCHITECTURE HIGH-PERFORMANCE COMPUTING FLEXIBLE AND DISTRIBUTED INFRASTRUCTURE Make use of OpenStack Trove in your private cloud to get a better control of your database along with the capability to manage multiple instances. Resources: https://www.marketsandmarkets.com/Market-Reports/hyper-converged- infrastructure-market-149796579.html https://cloudcomputing-news.net/news/2020/apr/21/why-cloud-dbaas-is-the- future-of-database-management-for-the-enterprise/ https://timesofindia.indiatimes.com/business/india-business/cloud-dbaas-is- the-future-of-database-management-for-the- enterprise/articleshow/73803296.cms https://insidebigdata.com/2019/12/06/the-future-of-the-dbms-market-is-cloud/