The market for database management systems (DBMS) is set to grow at a compound annual growth rate of 16.8% through 2027 to reach $203.6bn. Cloud dbPaaS spending is projected to grow to 73.5% by 2027.
Transition from legacy, centralised IT groups to decentralised lines of business is driving increased DBMS spending. Freedom to choose DBMS based on unit criteria is a significant factor.
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