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Cloud Database Market To Reach USD 38.6 Billion at a CAGR of 14.80% by 2030 – Report by Market Research Future (MRFR)

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New York, US, March 07, 2023 (GLOBE NEWSWIRE) — According to a comprehensive research report by Market Research Future (MRFR), “Cloud Database Market Research Report, by Database, Model, Component, Organization Size, End-User — Global Forecast till 2030, the market is anticipated to acquire a valuation of approximately USD 38.6 Billion by the end of 2030. The reports further predict the market to flourish at a robust CAGR of over 14.80% during the assessment timeframe.

Cloud Database Market Overview:

Due to the emergence of new technology like the Internet of Things, Market Research Future projects that the cloud database market will reach maturity in 2030. It is believed that the Internet of Things (IoT) and the growing popularity of database as a service (DBaaS) would revolutionise the IT industry as a whole. The growing adoption of cloud databases and DBaaS produces a value proposition that fosters corporate agility, lowers costs, enhances service resilience, guarantees performance, and provides a few other advantages. Value proposition is the creation of a number of features and services that make a company’s product alluring to buyers.

Nowadays, success in the cloud is fueled by value proposition combined with technology. In order to experience a distinctive and compelling breakthrough, numerous large organisations as well as small and medium-sized enterprises have implemented value proposition. The technology value proposition is also anticipated to be one of the key drivers of the cloud database market throughout the course of the forecast period. However, as it can expose corporate data to malware and hackers, rising privacy concerns are anticipated to restrain the growth of the cloud database market over the assessment period.

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The prominent players in the Cloud Database Market are

  • Google Inc. (US)
  • Amazon.com (US)
  • Oracle (US)
  • Microsoft (US)
  • IBM (US)
  • Salesforce.com Inc. (US)
  • Rackspace Inc. (US)
  • SAP AG (Germany)
  • CenturyLink (US)
  • CSC (Computer Science Corporation) (US).

Cloud Database Market Report Scope:

Report Metric Details
Revenue forecast in 2030 USD 38.6 Billion
Growth Rate CAGR of 14.80% from 2022 to 2030
Base Year 2021
Study Period 2022-2030
Key Market Opportunities Rapid adoption of new technology
Key Market Drivers Growing implementation of cloud database and DBaaS results in value proposition

Browse In-depth Market Research Report (100 Pages) on Cloud Database Market:

https://www.marketresearchfuture.com/reports/cloud-database-market-6847

Scalability is seen as a system attribute that is desirable since it provides businesses with dependable and secure database services and solutions.

Scalability boosts database services’ elasticity and service velocity, guaranteeing that organisations may deploy data with ease. A database is balanced out by database scalability to ensure that it can hold a lot of data. Also, the database can handle large loads of continuously growing data traffic thanks to data scalability. Thus, one of the things driving the growth of the cloud database market is predicted to be scalability.

A cloud platform is used to create and deliver a service called a cloud database. Both the conventional and database as a service (DBaaS) environments are included. The conventional database is made up of a variety of both organised and unstructured content. Enterprises receive scalable and dependable database solutions because to it.

A computing infrastructure platform including public, private, and hybrid clouds houses a cloud database. A standard database environment that is used to run database software makes up DBaaS. Due to the quick adoption of cloud-based services and solutions due to benefits such as the elimination of physical infrastructure, ease of access, on-demand SQL, instantaneous scalability, and others, the service is scaled on implementation of instantly assigned computing solution, run-time, and storage of resources is expected to experience positive growth in the forecast period.

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Cloud Database Market Segments:

The database, model, component, organisation size, end-users, and geography segments of the cloud database market are used.

SQL databases and NoSQL databases make up the two segments of the cloud database market by type of database.

This market is divided into service model and deployment model based on model. The industry is further divided into public cloud, private cloud, virtual private cloud, and hybrid cloud based on service model. Database as a Service (DBaaS), Platform as a Service (PaaS), and Infrastructure as a Service are three segments of deployment models (IaaS).

The market is divided into software and service segments based on component. Database encryption, backup and recovery, data scalability and replication, database application builders, and other tools are the different market segments. The market is divided into three service categories based on type: deployment and maintenance service, system and network integration service, and training and consulting service.

The market is divided into major enterprises and small and medium-sized enterprises based on the size of the organisation.

The market is divided into categories based on end-users, including BFSI, healthcare, IT and telecom, government, academic, and others.

Cloud Database Market Regional Analysis:

The worldwide segments are broken down into North America, Europe, Asia-Pacific, and the rest of the globe.

During the assessment period, North American nations including the US and Canada are anticipated to dominate the cloud database market with IoT implementation and rising cloud-based service usage. Because IT organisations are becoming more and more dependent on cloud databases, there are numerous investments, research projects, and development activities going on in the US. As a result, users of cloud databases benefit from improved cloud infrastructure as well as network security.

The cloud database market is anticipated to grow as security-based applications become more widely adopted in Asia-Pacific. Asia-Pacific is therefore anticipated to have the market’s quickest growth during the time of forecast. Due to the leading IT businesses investing in the European markets, the managed database solutions market is anticipated to grow significantly in Europe.

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The market for cloud databases in North America is expanding quickly due to the rapid uptake of new technology. As a result, the region is anticipated to hold the greatest market share during the forecast period and hence dominate the market. A few nations in the region that are leading due to technological breakthroughs and rising use of cloud-based services are the US, Canada, and Mexico.

Major cloud database providers in the US, including Google Inc., Oracle, Amazon.com, IBM, and Microsoft, are upgrading cutting-edge technological architecture and offering cloud database network security. As IoT usage rises and small, medium-sized, and big businesses move their operations to the cloud, Asia-Pacific is anticipated to experience the market’s quickest growth. Because to their large client bases, China, Japan, and India are the top three nations in the region. Due to improved customer experiences, increased investments by tech giants like Microsoft, Intel, IBM, and others in the European IT sector, and other factors, Europe is predicted to grow rapidly during the forecast period.

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About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

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Artificial Intelligence

New CPS Protection Platform: TXOne Networks Unveils SageOne at GISec Global

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TAIPEI, April 23, 2024 /PRNewswire/ — TXOne Networks, a frontrunner in the realm of cyber-physical systems (CPS) security, is set to unveil its groundbreaking CPS security platform, SageOne, at the highly anticipated GISec Global from April 23rd to 25th, 2024. Attendees can find TXOne Networks showcasing SageOne at stand B99 in hall 5. This innovative platform consolidates all CPS security products onto a single, central management platform, promising streamlined operations and optimized threat detection capabilities.

SageOne, aptly named “Wise Man Number One,” serves as a comprehensive management console providing a holistic view of the CPS attack surface within operational technology (OT) environments. By enabling centralized control of TXOne’s three core product lines – Stellar for endpoint protection, Element for security inspection, and Edge for network defense – SageOne facilitates integrated OT security throughout the lifecycle of protected assets, ensuring robust threat detection and response mechanisms.
Key features of SageOne include:
CPS Attack Surface Management: Prioritizing operational security by offering clear visibility into the overall security posture of OT environments, SageOne identifies security focal points, illuminating asset information and security controls.Integrated Lifecycle Protection: Through centralized management, SageOne simplifies cybersecurity governance and fosters collaborative defense. It serves as an abstraction layer, facilitating contextualization and consolidation of data across multiple products, offering tailored, task-oriented consoles for executives, security personnel, and plant leaders.CPS Threat Detection & Response: SageOne aggregates security insights from various solutions to scout for potential risks, enabling early caution and response to both known and unknown threats.SageOne’s foundation rests upon advanced components, including Threat Intelligence, Behavior-Based AI Analytics Engines, Compliance Framework, Data Visualizer, and Ecosystem Integrator, ensuring comprehensive protection and seamless integration of different tools and technologies.
With its focus on analyzing unexpected behavior and unknown threats, SageOne enables the identification of suspicious events through cross-telemetry analysis within the OT-native XDR engine. This amalgamation of advanced technologies and user-friendly interface ensures the protection of critical infrastructures.
For rapid threat response, SageOne issues early warnings of suspicious behavior and orchestrates cross-telemetry analysis for CPS Threat Detection & Response. Integrated Lifecycle Protection ensures the security of devices and systems throughout their service life, contributing to great cost efficiency.
TXOne Networks reaffirms its commitment to CPS security and continuous advancement in OT security through SageOne. Visit TXOne Networks at the GISec Global from April 23rd to 25th, 2024, at stand B99 in hall 5.
For further updates and information, follow TXOne Networks on the blog, Twitter, and LinkedIn.
About TXOne Networks:
TXOne Networks provides OT security products ensuring reliability and security in industrial control systems and operational technology environments through the OT Zero Trust methodology. Collaborating with leading industrial manufacturers and critical infrastructure operators, TXOne Networks offers practical and business-friendly approaches to OT defense. Its network and endpoint-based products secure OT networks and mission-critical devices in real-time with high security depth.
Website: www.txone.com 
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Imparta Launches World’s First Sales Methodology-Aware AI

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LONDON, April 23, 2024 /PRNewswire/ — Imparta Ltd, a global leader in performance improvement for customer-facing teams, has announced the release of i-Coach AI, the world’s first sales methodology-aware AI.

Over the past 18 months, AI has reshaped many industries and professions, with sales being no exception. Yet, generic LLMs such as ChatGPT are poor at coaching, and at selling. Even data-driven AI insights are only as good as the qualitative frameworks that underpin their observations.
i-Coach AI is the first expert Sales AI Coach that follows a proven, structured coaching process, and is fluent in all aspects of sales, account management, negotiation, customer success, commercial and business acumen, sales management and sales leadership. It is powered by Imparta’s award-winning, research-based Agile 3D methodology and complete, modular skills library.
Richard Barkey, Founder and CEO of Imparta, said “GenAI is one of the few truly transformative technologies in our lifetimes, and one that no sales organisation can ignore. We are genuinely excited to introduce i-Coach AI, an enterprise-grade coaching tool for salespeople, managers and leaders. I’m not exaggerating when I say that I’m using i-Coach AI myself, to think through strategies around specific clients, and indeed for the whole business. This tool is designed to integrate seamlessly across various sales ecosystems and tech stacks, and provides targeted, IP-aware coaching and practice simulations of customer conversations, at multiple points of need.”
As part of the launch, Imparta will host a webinar on April 23rd and May 2nd, hosted by Richard Barkey, titled ‘Leveraging Sales Methodology-Aware AI at Scale in the Enterprise’. Click here to learn more.
During this webinar, Richard will announce details of i-Coach AI and Imparta’s upcoming course for sales teams: Leveraging AI for Sales. He will also set out a range of essential use cases that we are rolling out across Imparta’s agile sales ecosystem and across the tech stack.
About Imparta
Imparta is a global leader in performance improvement for Sales, CX and Leadership. Our modular ecosystem includes three elements, developed through 25 years of research and experience with leading global organisations: Agile Sales Methodology, Agile Change Process and AI Sales Technology.
Whether you need to plug a gap in your existing training, provide self-paced learning, or build an entire Sales, CX or Leadership Academy, get in touch at [email protected].
Website: www.imparta.com
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Contact details: Adam [email protected] Tel: +44 (0) 20 7610 8800

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Innodisk Unveils Groundbreaking MIPI over Type-C Solution for Enhanced AI Vision Applications

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TAIPEI, April 23, 2024 /PRNewswire/ — Innodisk, a leading global AI solution provider, announces the launch of its industry’s first MIPI over Type-C solution. This exclusive technology overcomes traditional MIPI cable lengths limitations, allowing embedded camera modules to be positioned farther from the system. This expands the possibilities for visual AI applications, particularly in smart manufacturing and smart cities, enabling the seamless integration of high-quality vision systems into these evolving environments. 

The increasing popularity of vision-based applications across industries highlights the critical need for high-quality, reliable camera solutions. As computer vision becomes a cornerstone of AI development, the demand for industrial-grade cameras continues to surge. Innodisk recognizes this need and has developed the MIPI over Type-C Solution to address the challenges faced by vision system integrators and developers.
Innodisk’s MIPI over Type-C technology extends the connection distance to 2 meters or more, surpassing the previous 30 cm cable length limitation while maintaining high performance. It enables seamless conversion to a custom USB Type-C interface through a tailor-made adapter board and offers cost-effectiveness compared to SerDes solutions.  Additionally, this solution boasts successful deployments on NVIDIA Jetson, Intel x86, and ARM platforms, with Innodisk actively investing in R&D to ensure ongoing compatibility across various platforms, accelerating the deployment of edge AI applications for clients.  
Innodisk’s MIPI over Type-C camera module solutions are extensively used in various smart applications. They are revolutionizing industries like smart manufacturing, where AMRs and forklifts benefit from high-quality imaging and extended reach. Similarly, shared mobility applications such as shared bikes leverage these modules for enhanced safety and efficiency. By offering a combination of high bandwidth and longer range, Innodisk’s solution removes cable length limitations, unlocking a wave of new possibilities for smart applications.
Innodisk’s MIPI over Type-C solution marks a significant leap forward, building upon its diverse MIPI camera module portfolio and seamless platform integration. This includes compatibility with NVIDIA Jetson, Intel 12th to 13th Gen, Core Ultra processor, AMD Xilinx, and NXP. As the sole Intel-certified MIPI Camera partner in Taiwan, Innodisk collaborates closely with IPC manufacturers, possessing professional integration capabilities to offer comprehensive support and services to customers. The MIPI over Type-C Solution is poised to redefine the future of vision technology, offering performance, flexibility, and affordability.
For more information, please visit: http://www.innodisk.com
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