The global database monitoring software market revenue was around US$ 6.9 billion in 2023 and is estimated to reach US$ 23.9 billion by 2032, growing at a compound annual growth rate (CAGR) of 14.7% during the forecast period from 2024 to 2031.
Database monitoring is a crucial activity for the maintenance of the health and the performance of the database management system. To enable monitoring, the database management system gathers information from the database manager, its databases, and any related applications. In addition, it allows to forecasting of hardware needs based on database use patterns and analyzes the performance of individual applications or SQL questions.
Factors Influencing Market Growth
- The rise in the amount of data generated by industries revs the demand for database monitoring tools and the growth in deployment of cloud computing technologies expands the growth of the database monitoring software market.
- The surge in private and government investments in the database monitoring software market is positively influencing the growth of the database monitoring software market.
- The rise in regulations and laws related to software development tools hinders the growth of the database monitoring software market.
- The requirement to optimize and improve database performance is anticipated to present remunerative opportunities for the expansion of the market during the forecast period.
Impact of COVID-19
The impact of COVID-19 pandemic had a positive influence on the global market during the forecast period. This is attributed to the surge in internet users and the significant speed in the adoption of online social media platforms during the COVID-19 pandemic.
Despite deviations in software indices due to shutdowns, budget restrictions, and stay-at-home orders across the globe, most preferred indexes have returned to pre-COVID-19 levels. Database monitoring software firms witnessed a surge in demand from transportation, healthcare, logistics, and consumer staples during the COVID-19.
Regional Analysis
In 2023, North America dominated the global database monitoring software market in terms of revenue and is anticipated to maintain its position during the forecast period because of the expanding market presence of database management systems across the North American region. Also, several companies are developing collaboration programs to increase their market reach.
Also, Asia Pacific is anticipated to notice significant growth during the forecast period, different companies are concentrating on organic growth strategies like product approvals, product launches, and others like events and patents in this region.
Leading Companies
The leading prominent companies profiled in the global database monitoring software market are: -
- dbWatch AS
- eG Innovations
- Heroix Corporation
- Nagios Enterprises, LLC
- Paessler AG
- Quest Software Inc.
- Red Gate Software Ltd.
- Sematext Group
- SolarWinds Worldwide, LLC
- VirtualMetric
- Other prominent key players
Segmentation Outline
The global database monitoring software market segmentation focuses on Database Model, Deployment Model, Organization Size, End Use Vertical, and Region.
Segmentation based on Database Model
- Hierarchical databases
- Network databases
- Object oriented databases
- Relational databases
- NoSQL databases
Segmentation based on Deployment Model
- Cloud Based
- On Premises
Segmentation based on Organization Size
- Large Enterprise
- SME's
Segmentation based on End Use Vertical
- BFSI
- IT and Telecommunications
- Retail
- Government
- Media and Entertainment
- Healthcare
- Others
Segmentation based on Region
- North America
- The U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Netherlands
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Singapore
- Rest Of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa