UK cloud database and DBaaS market are projected to grow at a significant CAGR during the forecast period (2020-2026). Increasing adoption of cloud services is projected to be the major factor that contributes to the growth of the market in the country. In the UK, large organizations are adopting cloud database services more efficiently as compared to smaller firms (less than 200 employees), with an adoption rate of 96% and 76%, respectively. DBaaS has created significant interest among IT decision-makers, particularly in SMEs, and is projected to provide significant growth opportunities to the market in the country.
Browse the full report description UK Cloud Database and DBaaS Market Size, Share & Trends Analysis Report by database Type (NoSQL and SQL), Deployment Model (Private Cloud, Public Cloud, and Hybrid Cloud), By Industry (BFSI, IT & Telecom, Healthcare, Retail, Energy & Utilities, Media & Entertainment, and Others) and Forecast 2019-2025 at https://www.omrglobal.com/industry-reports/uk-cloud-database-and-dbaas-market
Furthermore, the government cloud investment is also one of the major factors that are encouraging the growth of the market during the forecast period, as public sectors are seeking to catch up with the private sector cloud database services adoption. The advent of the government’s new G-Cloud framework permits the government to directly deal with cloud service providers.
This leads to a decrease in the cost of individual procurement contracts; however, a call of contract is still required for every procurement deal. Moreover, the growing deployment of secured cloud servers is propelling the demand for cloud database services in the country. As per the World Bank, there were around 1.8 million secure internet servers in the country. It is 27,250 per million people in 2018 which has increased from 4,385 per million people in 2015.
Market Coverage
Report Elements |
Details |
Study Period |
2019-2026 |
Base year |
2019 |
Forecast period |
2020-2026 |
Segments Covered |
By Database Type, Deployment Model, and by Industry |
Key Companies Profiled |
Microsoft Corp., Google, LLC, IBM Crop. Oracle
Corp., and Amazon Web Services, Inc., SAP SE, MariaDB Corp. Ab and others |
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID forecast
o Most affected segment
o Recommendations
UK Cloud Database and DBaaS Market – Segmentation
By Database Type
By Deployment Model
By Industry
To learn more about this report request a free sample copy
@ https://www.omrglobal.com/request-sample/uk-cloud-database-and-dbaas-market