TECH SUPPLIER Aug 2020 - Market Forecast - Doc # US46783720
Worldwide Database Development and Management Tools Software Forecast, 2020–2024
This IDC study presents a five-year forecast for the database development and management tools (DDMT) software market, including the historical year 2019 and the forecast years 2020–2024. It includes breakdowns by current revenue versus constant revenue, by public cloud versus on premises/other, and by three regions (Americas, Asia/Pacific, and EMEA). It provides actionable advice for vendors in the DDMT software market. It also includes the forecast assumptions and both drivers and inhibitors for the forecast period.
"This is a time of transition, with tools aimed at databases running on the premises losing ground and tools aimed at databases in the cloud gaining ground," says Carl Olofson, research vice president for Data Management Software at IDC. "In addition, since the newer tools are sold on a subscription basis and are displacing older tools sold on the perpetual license fee model, the net effect is tepid growth through the forecast period."
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