Pune, March 23, 2022 (GLOBE NEWSWIRE) -- The Global Database Monitoring Software Market size was USD 1.25 billion in 2020. The market is projected to grow from USD 1.38 billion in 2021 to USD 2.86 billion by 2028 at a CAGR of 11.0% during the 2021-2028 period. This vital information is presented by Fortune Business Insights™, in its report, titled, “Database Monitoring Software Market, 2021-2028.” Factors such as the IT infrastructures becoming more diverse and fast & accurate problem resolution will increase the footprint of the market during the forecast period. Additionally, the accelerating landscape of database infrastructures will boost the market growth.
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Companies Operating in Database Monitoring Software Market Report:
- SolarWinds Worldwide, LLC (Texas, U.S.)
- Heroix Corporation (Massachusetts, U.S.)
- eG Innovations (New Jersey, U.S.)
- Quest Software Inc. (California, U.S.)
- VirtualMetric (Amsterdam, Netherlands)
- Red Gate Software Ltd (Cambridge, U.K.)
- Sematext Group (New York, U.S.)
- Nagios Enterprises, LLC (Minnesota, U.S.)
- PAESSLER AG (Nuremberg, Germany)
- dbWatch AS (Oslo, Norway)
Database Monitoring Software Market Report Scope & Segmentation
| Report Coverage | Details |
| Forecast Period | 2021 to 2028 |
| Forecast Period 2021 to 2028 CAGR | 11.0% |
| 2028 Value Projection | USD 2.86 Billion |
| Base Year | 2020 |
| Market Size in 2020 | USD 1.25 Billion |
| Historical Data for | 2017 to 2019 |
| No. of Pages | 150 |
| Segments covered | Component, Enterprise size, Deployment, By end user |
| Database Monitoring Software Market Growth Drivers | Larger Amount of Data Generated by End Use Industries to Bolster Growth |
| North America to Hold Largest Market Share due to Early Technology Adoption | |
| New Product Launched & Rising R&D Activities to Bolster Market Growth |
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COVID-19 Impact
COVID-19 to Cause Stagnant Growth to the Market due to Limited Awareness
Even though the COVID-19 pandemic supplemented a majority of the workforce to work from home, limited budget constraints deemed the database monitoring software sector to fall to a drastic low. Higher demand for the technology was extracted from health care, transportation, and logistics, while sectors like retail, energy and hospitality witnessed a decrease in demand. However, as the pandemic looms on, software firms are expected to tag strong profit margins with a high recurring nature. This is expected to show positive growth for the market post-pandemic period.
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Segments
By component, the market can be divided into software and services.
On the basis of deployment, the market can be broken down into cloud/SaaS and on premises.
With respect to enterprise size, the market is bifurcated into large enterprises and SMEs.
By end user, the market can be segregated into Banks and financial institutes, healthcare, government, IT and telecom, retail, and others.
In terms of geography, the market can be categorized into North America, South America, Europe, the Middle East & Africa, and the Asia Pacific.
Report Coverage
The report for database monitoring software market contains valuable insights by providing a snapshot into the industry’s latest developments and the upcoming market trends. The report also contains pivotal factors such as leading players, deployment mode, end user, and application. Additionally, the factors that are expected to push the market towards a positive/negative impact are noted.
Drivers & Restraints
Larger Amount of Data Generated by End Use Industries to Bolster Growth
Factors such as regular users of the Internet of Things (IoT) and other connectivity technologies have led to a huge amount of generated data by various industries. Additionally, the introduction of customer-interface applications and rising deployment of cloud computing technologies will lead to a boost in the database monitoring software market growth during the forecast period. Also, services such as database performance, connectivity, and enhanced security will fuel the market growth.
However, increasing laws and regulations associated with software development tools will hinder the market growth during the forecast period.
Regional Insights
North America to Hold Largest Market Share due to Early Technology Adoption
North America will witness a substantial database monitoring software market share during the forecast period due to the presence of dominant players in the region and early adoption activities.
Asia Pacific will occupy a considerable market share due to changing industry outlook in terms of digital transformation among prominent organizations in the region and the rising adoption of open-source software and tools.
The regions of the Middle East and Africa and South America are on the tipping point of digital transformation measures. These factors will lead to stable growth of the market during the forecast period.
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Competitive Landscape
New Product Launched & Rising R&D Activities to Bolster Market Growth
The market for database monitoring software is highly shattered in a bid for acquiring new consumers. The dominant players are often striving for wider product deployments, rising product adoption, and investing heavily in their research and development departments respectively. For example, in August 2021, Datadog, Inc. announced the availability of their Database Monitoring (DBM) tool to engineers and database administrators for providing quick access to issues that often come up due to slow-running database queries. Others are focused on employing strategies such as mergers & acquisitions and collaborations in order to capture a larger piece of the market.
Industry Development
- February 2020: SentryOne announced the availability of the SentryOne Portal for providing convenient web access to Azure SQL Database monitoring data and Microsoft SQL Server. This access is meant for providing developers, DBAs, and IT senior professionals monitor the status of mission-critical cloud or on-premises data.
Major Table of Contents:
- Introduction
- Definition, By Segment
- Research Methodology/Approach
- Data Sources
- Key Takeaways
- Market Dynamics
- Macro and Micro Economic Indicators
- Drivers, Restraints, Opportunities and Trends
- Impact of COVID-19
- Short-term Impact
- Long-term Impact
- Competition Landscape
- Business Strategies Adopted by Key Players
- Consolidated SWOT Analysis of Key Players
- Global Database Monitoring Software Key Players Market Share Insights and Analysis, 2020
- Key Market Insights and Strategic Recommendations
- Companies Profiled (Covered for key 10 players only)
- Overview
- Key Management
- Headquarters etc
- Offerings/Business Segments
- Key Details (Key details are subjected to data availability in public domain and/or on paid databases)
- Employee Size
- Key Financials
- Past and Current Revenue
- Gross Margin
- Geographical Share
- Business Segment Share
- Recent Developments
- Overview
- Annexure / Appendix
- Global Database Monitoring Software Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2017-2028
- By Component (Value)
- Software
- Services
- By Deployment (Value)
- Cloud/SaaS
- On Premises
- By Enterprise Size (Value)
- Large Enterprises
- SMEs
- By End User (Value)
- Banks and Financial Institutes
- Healthcare
- Government
- IT and Telecom
- Retail
- Others (Airlines, Education, etc.)
- By Region (Value)
- North America
- South America
- Europe
- Middle East & Africa
- Asia Pacific
- By Component (Value)
- North America Database Monitoring Software Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2017-2028
- By Component (Value)
- Software
- Services
- By Deployment (Value)
- Cloud/SaaS
- On Premises
- By Enterprise Size (Value)
- Large Enterprises
- SMEs
- By End User (Value)
- Banks and Financial Institutes
- Healthcare
- Government
- IT and Telecom
- Retail
- Others (Airlines, Education, etc.)
- By Country (Value)
- United States
- By End User
- Canada
- By End User
- Mexico
- By End User
- United States
- By Component (Value)
- South America Database Monitoring Software Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2017-2028
- By Component (Value)
- Software
- Services
- By Deployment (Value)
- Cloud/SaaS
- On Premises
- By Enterprise Size (Value)
- Large Enterprises
- SMEs
- By End User (Value)
- Banks and Financial Institutes
- Healthcare
- Government
- IT and Telecom
- Retail
- Others (Airlines, Education, etc.)
- By Country (Value)
- Brazil
- By End User
- Argentina
- By End User
- Brazil
- By Component (Value)
- Global Database Monitoring Software Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2017-2028
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