Database Monitoring Software Market: Changing Database Infrastructure & accurate problem resolution to boost the demand for database monitoring software

The Database Monitoring Software Market was valued at USD 3.4 Bn in 2022 and is expected to reach USD 6 Bn by 2029, growing at a CAGR of 14.9 percent over the forecast period (2023-2029).
Database Monitoring Software Market Overview:
Database monitoring software is used to keep tabs on network and database performance. The DBMS collects information from the database manager, its databases, and other connected applications. SolarWinds Database Performance Analyzer is a popular tool among network administrators used for database monitoring. DBMS analyze the performance of individual applications.

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Database Monitoring Software Market Scope and Research Methodology:
The report provides an in-depth analysis of the current Database monitoring software market structure. The growth drivers, growth opportunities, restraints, and challenges are provided in the report with the forecast period of 2022-2029. The report on Database monitoring software market is an investor’s guide that provides a comprehensive analysis of the competitive benchmarking. It includes major market players by services, revenue, financial status, portfolio, growth strategies, and geographical presence.

Bottom-Up approach was used to estimate the Market size for various segments and sub-segments. The information about major market players, market development, and technology perspectives was collected from presentations, press releases, expert interviews, SEC filings, and annual reports. Primary research was conducted to validate the quantitative and qualitative information collected through secondary research from the Database monitoring software Market. The total market was analyzed by region, revenue, financial status, technological advancement adopted for innovation, social medial presence, and mergers and acquisitions.
Database Monitoring Software Market Dynamics
Large amount of data generated by industries to boost the Database Monitoring Software Market growth

Deployment of cloud computing technologies in the industries is expected to boost the Database Monitoring Software Market growth. Governments and private sectors have been investing in the market, which is expected to positively drive the growth of the market. Integration of Internet of Things in industries such as BFSI, IT & Telecom have created vast demand for Database Monitoring Software. Introduction to customer interface applications and deployment of cloud computing technologies in industries is having demand for the database software. Installation of database monitoring software helps to eliminate the optimize usage and performance. Database monitoring tools monitor resource usage of disk space, CPU, I/O, and memory capacity. This software is used to track database performance, connectivity, and security.

Popularity of open-source database management systems is expected to contribute to the market growth. It offers organizations a number of benefits, with ability to customize the software to meet the specific needs. Database monitoring software enables users to handle huge amount of generated data. All factors mentioned in the reports for the better understanding of market to the customers are expected to influence the Database Monitoring Software Market growth.

Database Monitoring Software Market Restraints:

1. Lack of awareness about the benefits of database monitoring software in the organizations such as early detection of database problems, improved database performance, and cost saving are expected to restrain the market growth.

2. High Deployment and Maintenance cost of the Database Monitoring Software including cost of licenses, hardware, services, cost of upgrading, patching, and support.

3. Lack of skilled professionals in the market

4. Complexity of deployment due to need of variety of platforms such as on-premises, cloud, and hybrid.

5. Privacy and security concerns for large amount of sensitive data are expected to hinder the market growth

Database Monitoring Software Market Trends:

1. Cloud-based DBMS
2. Automation and DBMS
3. Augmented DBMS
4. Increased security
5. In-memory databases
6. Graph databases
7. Open source DBMSs
8. Databases in the cloud/Platform as a Service
Database Monitoring Software Market Opportunities:
1. Ensuring data security and privacy: With increasing number of cyber-attacks and data breaches, organizations are in search of solutions that helps them to protect data from the threats. This software provides visibility and insights to identify threats quickly and effectively.

2. Improving database performance: Database monitoring helps to improve the performance by providing insights the organizations need to identify and resolve the problems efficiently.

3. Reducing Costs: DBMS helps to reduce the costs by providing insights they need to optimize database performance and reduce reliance on external service providers.

4. Increasing Efficiency of Database monitoring software helps organization to increase efficiency and provides a lucrative opportunity for the Database Monitoring Software market growth.

Key benefits of Database Monitoring Software market includes:

1. Performance monitoring
2. Alerts and notifications
3. Capacity planning
4. Compliance
5. Root cause analysis
6. Scalability
7. Security
Database Monitoring Software Market Regional Insights
North America, held the largest Database Monitoring Software Market share in 2022 and is expected to dominate the regional market over the forecast period. Huge spending by American government for digitizing public sector operations is expected to boost the regional market growth.

Asia Pacific region is expected to grow at the highest growth rate over the forecast period. Open source database monitoring software are being used by corporate and public sector in the Asia Pacific region. Most of the IT companies in the region use Database Monitoring Software for the modernization of infrastructure.

European region is expected to grow at a moderate growth rate over the forecast period. Adoption of cloud computing services by the enterprises in the region is expected to influence the regional market growth.

Competitive Analysis:

Region-wise, the total Database Monitoring Software Market is analysed across North America, Europe, Asia-Pacific, and LAMEA. Many market players are investing in cloud base database products to improve application and database performance for the growth of market, which is covered in the report by segments. Some of the major market players are Quest Software, dbWatch AS, eG Innovations, Heroix Corporation, Nagios Enterprises, Paessler AG, Red Gate Software Ltd, Sematext Group, SolarWinds Worldwide, Virtual Metric, Oracle Corporation. In, April 2022, Quest software launched Foglight 6.1, monitoring and optimization platform for hybrid enterprise. It enables business to manage IT infrastructure and database by providing tools for deep-dive database workload optimization and cloud cost management.

In April 2020, Paessler AG introduced PRTG Enterprise Monitoring solution for business to monitor IT infrastructure with any excess device. According to the National Association for the Self Employed Organizations, United States has more than 31.7 Mn enterprises in 2020 using Database Monitoring Software.
Database Monitoring Software Market Segment Analysis:
Based on Database Model, the market is divided into Hierarchical databases, Network databases, Object-oriented databases, Relational databases, and NoSQL databases. Object Oriented Database is expected to dominate the Database Monitoring Software Market over the forecast period. The Object Oriented Database helps enable computational capabilities effectively communicate and perform useful tasks. It can be accessed in any device, at any time.

Based on Deployment Model, the Cloud-based segment is expected to dominate the market over the forecast period. Stable Availability and Accessibility features of the segment is expected to fuel the Database Monitoring Software Market growth. It helps companies to observe applications and services in the cloud. Adoption of cloud based segment in various sectors like cloud kitchen, hotels, IT companies and many more are driving the market growth.

Based on End use vertical, Bank and Financial Institutes is expected to dominate the market growth over the forecast period. Demand for the management of huge amount of banking customers data influence the market growth. Database software helps to monitor the customer experience and application performance.

In Jan, 2022, RBL Bank of India has collaborated with Alphabets Google LLC for advanced customer analytics and data management & monitoring solutions.

Based on Organization size, large enterprise segment is expected to dominate the market over the forecast period.

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Database Monitoring Software Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2017 to 2022
Market Size in 2022:
US $ 3.4 Bn.


Forecast Period 2023 to 2029 CAGR:
14.9  %
Market Size in 2029:
US $ 6 Bn.


 Segments Covered:
by Database Model
1.Hierarchical databases
2.Network databases
3. Object-oriented databases
4. Relational databases
5. NoSQL databases


by Deployment Model
1. Cloud-Based
2. On-Premises


by Organization Size
1. Large Enterprise
2. SME's


by End User
1.BFSI
2. IT and Telecommunications
3. Retail
4. Government
5. Media and Entertainment
6. Healthcare
7. Others



Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Market Key players Include:
1. Quest Software
2. dbWatch AS
3. eG Innovations
4. Heroix Corporation
5. Nagios Enterprises
6. Paessler AG
7. Red Gate Software Ltd
8. Sematext Group
9. SolarWinds Worldwide
10. Virtual Metric
11. Oracle Corporation

Frequently Asked Questions:

1] What is the growth rate of the Global Market?
Ans. The Global Database Monitoring Software Market is growing at a significant rate of 14.9 percent over the forecast period.

2] Which region is expected to dominate the Global  Market?
Ans. North America region is expected to dominate the Market over the forecast period.

3] What is the Global Market size by 2029?
Ans. The market size of the Market is expected to reach USD 6 Bn by 2029.

4] Who are the top players in the Global Market?
Ans. The major key players of the Global Database Monitoring Software Market are Quest Software, dbWatch AS, eG Innovations, Heroix Corporation, Nagios Enterprises, Paessler AG, Red Gate Software Ltd.

5] What factors are expected to drive Global Market growth by 2029?
Ans. BFSI is expected to drive the Market growth over the forecast period (2023-2029).