Global Database, Storage & Backup Software Publishing Industry

September 2020
109 pages
ID: 5960604
Format: PDF
Global Industry Analysts

Summary

Table of Contents

MARKET IMPACT SURVEY - COVID-19 & LOOMING RECESSION

Timely market intelligence is paramount in these uncertain times!

We launched an impact survey to update this project with timely insights during 2020. Update frequency will depend upon evolving market conditions and executive opinions. Our participants are executives driving strategy, marketing, sales and product management at competitive companies worldwide. All updates during the rest of the year are complimentary to clients!

Global Database, Storage and Backup Software Publishing Market to Reach $151 Billion by 2027

Amid the COVID-19 crisis, the global market for Database, Storage and Backup Software Publishing estimated at US$116.4 Billion in the year 2020, is projected to reach a revised size of US$151 Billion by 2027, growing at a CAGR of 3.8% over the analysis period 2020-2027. Database Software, one of the segments analyzed in the report, is projected to record a 3.8% CAGR and reach US$80.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Middleware Software segment is readjusted to a revised 3.6% CAGR for the next 7-year period.

The U.S. Market is Estimated at $34.2 Billion, While China is Forecast to Grow at 3.6% CAGR

The Database, Storage and Backup Software Publishing market in the U.S. is estimated at US$34.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$26.9 Billion by the year 2027 trailing a CAGR of 3.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.5% and 3.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.

Storage & Backup Software Segment to Record 4.1% CAGR

In the global Storage & Backup Software segment, USA, Canada, Japan, China and Europe will drive the 4.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$18.7 Billion in the year 2020 will reach a projected size of US$25 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$16.9 Billion by the year 2027.We bring years of research experience to this 7th edition of our report. The 109-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,

CA Technologies, Inc.
Dell EMC
FalconStor Software, Inc.
Hewlett Packard Enterprise Development LP (HPE)
Hitachi Data Systems Corporation
Symantec Corporation

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