Global Database Monitoring Software Market is valued at approximately USD 1.60 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 15.1% over the forecast period 2023-2030. Database monitoring software plays a crucial role in maintaining the performance, security, and reliability of databases, enabling efficient management and troubleshooting. Database monitoring software is a tool or application designed to monitor and manage the performance, availability, and security of databases. It provides administrators and IT teams with real-time insights into the health and functioning of databases, allowing them to proactively identify and resolve issues. The Database Monitoring Software market is expanding because of factors such as the rising amount of data generated by industries and rising digitization strategies with the surge in government & private investments.
According to Statista in the year 2018, the volume of data and information created worldwide was 33 zettabytes which increased to 64.2 zettabytes in the year 2020 and it is expected to reach 181 zettabytes by the year 2025. Thus, the rising data volume leads to a rise the data traffic across the world, which results in the rising adoption of database monitoring software. Furthermore, the adoption of new technologies such as 5G, the Internet of Things (IoT), and the cloud along with the rise in data volume owing to shifting traffic patterns are a few of the factors driving the market growth. In addition, the rising development of advanced ai-based technology tools and the rising adoption of database software in the healthcare industry is creating lucrative growth in the market. However, the high cost of database monitoring software and stringent laws and regulations associated with software development stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Database Monitoring Software Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to presence of key market players and the region’s increasing government investment in digitalization and the growing information technology industry in the region. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising investment in digital transformation across the region, geographic expansion of key players, and active participation of government and private organizations in the market space.
Major market player included in this report are:
SolarWinds Worldwide, LLC
Quest Software Inc.
Red Gate Software Ltd.
Nagios Enterprises, LLC
Recent Developments in the Market:
Ø In April 2022, Quest Software, a well-known supplier of systems management, data protection, and security software, announced Foglight 6.1, a monitoring and optimization platform for the hybrid business. Enterprises were given the tools for detailed database workload optimization and cloud cost control, enabling them to manage their databases and IT infrastructure with confidence.
Ø In February 2020, SentryOne developed SentryOne Portal, which offers simple web access to Microsoft Corporation’s SQL Server and SQL Azure Database monitoring data. DBAs, developers, and senior IT personnel can use this interface to view the status of crucial on-premises and cloud data missions.
Global Database Monitoring Software Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Component, Deployment, Enterprise Size, End User, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Componentofferings of key players. The detailed segments and sub-segment of the market are explained below:
By Enterprise Size:
By End User:
Banks and Financial Institutes
IT and Telecom
Middle East & Africa
Rest of Middle East & Africa