DUBLIN--(BUSINESS WIRE)--The "Database Automation Market by Component (Solution and Service), Deployment Mode (Cloud and On-Premises), Application (Provisioning, Backup, and Security and Compliance), Enterprise Size, Vertical, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The database automation market size is expected to grow from USD 493.4 million in 2018 to USD 1,714.0 million by 2023, at a Compound Annual Growth Rate (CAGR) of 28.3% during the forecast period. The proliferation of cloud-based applications and services, and the rising partnerships and acquisitions in the database management space are expected to drive the growth of the database automation market.
Concerns related to privacy and security of the data stored in databases, and the need for human involvement are expected to be the major challenges for the growth of the database automation market. Moreover, the database automation concept is in the developing phase; the availability of consultants with high expertise for the development and deployment of database automation solutions is limited, which may act as a challenge for the growth of the database automation market.
The services in the database automation market include professional services and managed services. Managed services provide all the required skillsets used for maintaining and upgrading a software, which is essential for the database automation ecosystem. Managed service providers administer all the software functions, while organizations are only responsible for updating and installing the business applications and configuring the company policies.
Middle East and Africa (MEA) is expected to grow at the highest CAGR in the global database automation market during the forecast period. The rapid expansion of domestic enterprises, enormous growth of data generated from all industries in the region, increase in the demand for automated business processes due to lack of skilled labors, and higher development of infrastructure are driving the database automation market across verticals.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview and Industry Trends
6 Database Automation Market, By Component
7 Database Automation Market, By Application
8 Market By Deployment Mode
9 Market By Enterprise Size
10 Database Automation Market, By Vertical
11 Database Automation Market, By Region
12 Competitive Landscape
13 Company Profiles
- CA Technologies
- BMC Software
- Micro Focus
- Red Gate Software
- Quest Software
- Redis Labs
For more information about this report visit https://www.researchandmarkets.com/research/s72plj/global_database?w=4