#dbaas market

[aishavass]

Constant growth in the data generated throughout the industry verticals drives the demand for cloud database and DBaaS market...

[rohitpalan]

Cloud Database and DBaaS Market Poised for Significant Growth, Projected to Reach USD 69.8 Billion by 2033

The Cloud Database and Database-as-a-Service (DBaaS) market is poised for remarkable growth, with projections indicating a value of US$ 18,611.2 million in 2023 and a staggering rise to US$ 69,806.5 million by 2033. These figures reflect an anticipated Compound Annual Growth Rate (CAGR) of 14.1% during the forecast period, underlining the industry’s tremendous potential and demand.

Healthcare, baking, and insurance businesses are dispersed and heavily rely on their websites. As a result, these businesses decide to use cloud databases and DBaaS solutions to cut their operating expenses and hence increase their productivity. The need for cloud databases and DBaaS is rising in non-traditional industries including social networking, online gaming, and online music merchants.

Key Takeaways

One of the primary factors projected to drive the cloud database and DBaaS market growth is the growing need for self-driving cloud databases.

The solution component of the cloud database and DBaas market is expected to rise at a CAGR of 14.2% throughout the forecast period.

The structured query language segment is projected to rise at a CAGR of 13.6% throughout the forecast period.

North America is predicted to be the most advanced region in terms of cloud database and DBaaS adoption.

BFSI, consumer goods and retail, healthcare, and life sciences, telecom and IT, government, media and entertainment, manufacturing, and energy and utilities are just a few of the main industries that have embraced cloud database and DBaaS solutions and services.

Regional Trends and Insights

Geographically, the adoption of cloud databases and DBaaS solutions is not limited to specific regions. The trend is witnessed across the globe, with North America, Europe, Asia Pacific, and other regions embracing these solutions for their operational and strategic advantages. Factors such as the proliferation of cloud technology, increasing internet penetration, and a growing emphasis on digital transformation are contributing to the market’s widespread adoption.

Demand Soars Across Industries: Healthcare, Banking, and More

Driven by the digital transformation era, the Cloud Database and DBaaS market is witnessing soaring demand from a range of industries. Notably, sectors such as healthcare, banking, and insurance, which rely extensively on online presence, are adopting cloud databases and DBaaS solutions to streamline operations, cut operational costs, and enhance overall efficiency. The trend extends to non-traditional sectors like social networking, online gaming, and online music retailers, which are also experiencing a notable surge in demand for these solutions.

Region-wise Insights and Category-wise Insights

In North America, the Cloud Database and DBaaS market is poised to grow exponentially due to the presence of established tech giants and the continuous innovation ecosystem. Europe follows suit with a strong inclination towards digitalization, while the Asia Pacific region showcases immense potential driven by a growing number of startups and businesses transitioning to cloud-based solutions.

Drivers and Opportunities

The adoption of cloud databases and DBaaS is fueled by the need for scalable, flexible, and cost-efficient data management solutions. Enterprises are recognizing the benefits of offloading their database management to cloud platforms, enabling them to focus on core competencies. This shift also caters to the growing requirement for remote accessibility, real-time data analysis, and seamless collaboration, thereby accelerating market growth.

Competition Analysis

The Cloud Database and DBaaS market is witnessing intense competition among leading players striving to expand their market share. Companies are investing significantly in research and development to offer innovative and robust solutions, catering to the evolving needs of various industries. As the market continues to expand, collaborations, partnerships, and strategic acquisitions are becoming commonplace strategies for companies aiming to enhance their competitive edge.

Key Segments

By Database Type:

Structured Query Language (SQL)

Not only Structured Query Language (NoSQL)

By Component:

Solution

Services

Cloud Database and DBaaS Market By Service:

Professional Services

Consulting

Implementation

Support and Maintenance

Managed Services

By Deployment Model:

Public Cloud

Private Cloud

Hybrid Cloud

By Organization Size:

Large Enterprises

Small and Medium-sized Enterprises (SMEs)

By Vertical:

Banking, Financial Services and Insurance (BFSI)

Telecom and Information Technology (IT)

Government

Consumer Goods and Retail

Manufacturing

Energy and Utilities

Media and Entertainment

Healthcare and Life Sciences

Others (Education, Travel and Hospitality, and Transportation)

By Region:

North America

Europe

APAC

Middle East and Africa (MEA)

Latin America

[tbrc34]

Cloud Databases: A $68.1 Billion Market by 2033 ☁️

Cloud-based Database Market is set to experience remarkable growth, projected to expand from $14.2 billion in 2023 to an impressive $68.1 billion by 2033, reflecting a robust CAGR of 16.8%. This market focuses on delivering scalable, flexible, and cost-effective database solutions hosted on cloud platforms, catering to organizations striving to enhance their data management and analytics capabilities.

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At the forefront of this growth is the Software-as-a-Service (SaaS) sub-segment, which leads due to its ease of deployment and cost-effectiveness. Close behind is Platform-as-a-Service (PaaS), which is increasingly popular for simplifying application development and database management processes.

Regionally, North America dominates the market, benefiting from advanced technological infrastructure and widespread cloud adoption. Europe emerges as the second most lucrative region, bolstered by robust regulatory frameworks and increasing digital transformation initiatives. Within these regions, the United States leads as a market powerhouse, driven by its mature IT ecosystem and high cloud adoption rates. Germany stands out in Europe, leveraging its strong industrial base and growing investments in cloud technologies.

Innovations such as machine learning integration, serverless computing, and blockchain are further transforming the cloud-based database landscape, enabling advanced data analytics and seamless digital transformation strategies. As organizations across sectors like BFSI, healthcare, retail, and manufacturing adopt cloud-based databases to drive efficiency, the market is poised for sustained innovation and growth.

#CloudDatabases #DBaaS #DigitalTransformation #DataAnalytics #CloudSolutions #MachineLearning #CloudComputing #Innovation #DataManagement #TechTrends #PublicCloud #HybridCloud #EnterpriseSolutions #DataDriven #CAGRInsights

[seositetool]

Cloud Database and DBaaS Market Size, Share, New Opportunities, Unleashing Growth Potential, Current Trends and Future Analysis & Forecast – 2028

Cloud Database and DBaaS Market Size, Share, New Opportunities, Unleashing Growth Potential, Current Trends and Future Analysis & Forecast – 2028

[sqlexpertsusa]

Why Database Outsourcing Is A Game Changer For Modern Business?

Database outsourcing is the practice of employing external vendors to perform activities connected with the company’s databases such as management, storage, and maintenance.

Rather than executing these functions internally, the organization hands over the reins of control to the professionals and concentrates on its primary business activities.

This method is particularly beneficial for companies which are in need of cheap, secure and flexible database administration services.

Why Database Outsourcing is the Smart Move for Modern Businesses?

It is very important for every organization however big or small to learn to control a database.

Even as the volume of data increases at an alarming rate, a good number of organizations are employing database outsourcing as one of the strategic approaches.

But what is the database outsourcing in the first place and why it is becoming so popular?

In this blog, we will discuss various types of database outsourcing along with its advantages, disadvantages and recommendations.

Types of Database Outsourcing

Database as a Service (DBaaS): DBaaS refers to cloud services where the service provider is responsible for managing the entire database life cycle, including subsystems, storage, backup, security, and scalability. It’s perfect for the business that wants to have all its resources on Cloud and not bothered with the complex physical infrastructure challenges as all the operations is off-site.

Managed Database Services: In this scenario, an external service provider is responsible for handling the management of on-premises or cloud-based databases for a business. This solution can be personalized as per the needs of the organization, wherein some functions are performed in house while external resources are sought for more technical tasks such as tuning and optimization.

Offshore Database Outsourcing: The cost savings from outsourcing to foreign countries are staggering, particularly for work that consists mostly of maintenance and monitoring activities. A drawback, however, is the differences in time zones and security apprehensions.

Onshore Database Outsourcing: It means getting work done from other service providers who are located in the same country. It is likely more expensive than offshore alternatives but assuages worries about especially compliance and communication issues.

Benefits of Database Outsourcing

Cost Savings: Hiring, onboarding, and preventing turnover of in-house DBAs can become expensive, but outsourcing will take care of that issue sharply. Centralized telephone support service costs are reduced too, due to lack of need to buy hardware and build infrastructure, as the company makes use of the available resources of the service provider.

Expertise at Your Fingertips: The ability to tap into the resource of database specialists is perhaps the most significant advantage. These individuals are always up to date with the latest tools and techniques to ensure that you do not have to spend on constant training to ensure your databases are well taken care of.

Scalability Made Easy: The evolution of a business is also reflected in how they manage their databases. For example, employing the services of an Outsourcing provider allows for scaling of the resources up or down based on demand which ensures that a company pays only for what they have consumed. This very flexibility is advantageous especially to businesses with seasonal or variable data needs.

Focus on Core Competencies: In the case of database management, they can concentrate more on the core activities of the business that is product development, customer service, marketing, etc. This redirection tends to breed more creativity and increase the levels of output.

Challenges of Database Outsourcing

Outsourcing has several advantages but it also comes with some challenges.

Below are some of them:

Data Security Concerns: As we all know, sharing private information with an external source comes with potential risks. Be it a cyber attack or unwarranted access; it comes along with risks that are hard to bear. In order to reduce this risk it is very essential to select a service provider who has strong security measures and anti-compliance certificates.

Compliance Issues: Diverse nations have different rules that govern data protection—GDPR in Europe, California’s CCPA. It is important that the outsourcing service provider is compliant with such legal aspects to prevent fines being levied and to safeguarding the trust of the customers.

Loss of Control: It might often happen while outsourcing that a business has less direct oversight over its database administration. This could make it more difficult to make changes quickly or deal with surprises. A well-defined service-level agreement (SLA) is useful in establishing expectations and duties.

Communication Barriers: At times, it may also result in communication challenges owing to a difference in time zones or language, which may inhibit quick responses and resolution of issues.

Best Practices for Successful Database Outsourcing

To make the most of database outsourcing, companies should follow some key best practices:

Set Clear Goals: And then, before engaging in outsourcing activities, state your goals like making cost savings, gaining access to high-level skills or increasing flexibility. Having objectives in place defining what you want will assist in picking the right provider and the outsourcing model.

Choose the Right Service Provider: The step is to investigate and assess possible suppliers. Choose those that have proven their worth, will come highly recommended and possess a good level of experience in your sector. Voracious scrutiny of prospective suppliers can help avoid complications in the future.

Establish a Strong SLA: An all-encompassing SLA is very crucial in establishing performance, response times, data security and availability expectations. It clarifies the obligations of both parties, helping to prevent disputes.

Prioritize Data Security: Employ security protocols like data encryption, routine inspections, and multi-layered authentication systems to safeguard your information. Ensure that your service provider adheres to best practices in service security so as not to put your information at risk.

Maintain Regular Communication: Maintaining open channels of communication also means that any problems that may arise will be sorted out almost immediately rather than allowing them to linger.

Is Database Outsourcing Right for Your Business?

Outsourcing database services is a strategy that can revolutionize companies’ operations, decrease expenses and bring in modern capabilities. It, however, is important to consider the pros and cons. The right party can be selected and outsourcing implemented according to the prevailing practices and that helps enhance the competiveness of the companies in this age where data is reigning more than ever.

Conclusion

To summarize, Database outsourcing is associated with several benefits including reduced costs, access to specific expertise and expansion capabilities.

Nevertheless, it also poses problems such as risks to security, issues with adherence to rules and loss of control.

Companies can take advantage of the benefits of outsourcing while reducing the risks associated with it by adhering to the correct provider, sign appropriate SLAs and paying attention to security.

This allows the companies to benefit from the new database technologies without losing focus on their primary business goals.

[govindhtech]

Making successful use of on-premises and Cloud XaaS

Cloud XaaS Taking advantage of Anything as a service (XaaS) models becomes a smart move as businesses look to maximise AI’s potential while keeping expenses under control. Through the usage of both on-premises and cloud XaaS, businesses may drive financial sustainability without sacrificing technical innovation by controlling budgets in the era of artificial intelligence (AI).

What is Xaas? XaaS, or “Anything as a Service,” refers to the wide range of online software and services. Many services can be “X” in XaaS. Examples of common:

SaaS: Internet-delivered software without installation. Salesforce, Google Workspace, and Office 365.

Providing virtualized computer resources over the internet. These include AWS, Azure, and GCP.

Platform as a Service (PaaS): Provides equipment and software for application development online. Google App Engine and Azure App Services are examples.

Virtual desktops are available remotely with DaaS. Horizon Cloud and Amazon WorkSpaces.

BaaS (Backend as a Service): Connects online and mobile app developers to cloud storage and APIs. Amazon Amplify and Firebase are examples.

DBaaS (Database as a Service) saves users from setting up and maintaining physical databases. Google Cloud SQL and Amazon RDS.

FaaS: A serverless computing service that lets customers execute code in response to events but not manage servers. AWS Lambda and Google Cloud Functions.

STAaS: Provides internet-based storage. DropBox, Google Drive, and Amazon S3.

Network as a Service (NaaS): Virtualizes network services for scale and flexibility. SD-WAN is one.

By outsourcing parts of their IT infrastructure to third parties, XaaS helps companies cut expenses, scale up, and simplify. Flexibility allows users to pay for what they use, optimizing resources and costs.

Using XaaS to its full potential XaaS offers scalable and affordable cloud-based and on-premises business solutions. SaaS, IaaS, PaaS, and other models let companies employ cutting-edge innovation without buying hardware or software.

Utilizing adaptability and expandability One feature of XaaS models is that they may be implemented on-premises or in the cloud and are flexible and scalable. To maximize resource utilization and cost effectiveness, cloud-based XaaS technologies allow companies to scale resources up or down as demand changes. However, on-premises XaaS solutions provide resource scaling within the company’s architecture, giving better data and security control.

Preserving openness and predictability in costs Understanding cost drivers and spending patterns in great detail is essential for managing budgets in the AI era. By providing comprehensive billing data and usage statistics, XaaS models give organization’s more control and visibility over their cost management. Businesses are better equipped to discover areas for optimization and manage budgets when they have detailed insights into resource utilization.

Contracting out the maintenance of infrastructure AI workloads can be resource-intensive, making on-premises infrastructure expensive. Businesses can use on-premises and cloud-based XaaS solutions to alleviate service providers of infrastructure management. On-premises XaaS solutions give better control over data governance, compliance, and security, but cloud-based solutions offer scalability, flexibility, and access to many AI tools and services.

Obtaining access to specialized knowledge AI development, machine learning, data science, and other fields frequently need for certain knowledge and abilities to effectively implement AI projects. Organizations may leverage a large network of knowledgeable experts and service providers who may help with the conception, creation, and implementation of AI solutions thanks to XaaS frameworks. Businesses can enhance their time-to-market and attain superior results while managing expenses by leveraging this specialized skills.

Encouraging quick innovation and trial Staying ahead of the competition in the era of artificial intelligence requires fast innovation and testing. Through on-demand access to a vast array of AI tools, platforms, and services, XaaS models enable enterprises to conduct experiments more easily. Without having to make a big initial expenditure, this enables businesses to test theories, iterate quickly, and improve AI solutions. Businesses can maximize financial risk and foster innovation by adopting an experimental culture.

Having good financial management Leveraging both on-premises and cloud XaaS models becomes a strategic priority as organizations wrestle with the challenges of adopting AI while trying to keep costs under control. Businesses may save expenses, spur innovation, and achieve sustainable growth by embracing the flexibility, scalability, cost predictability, and access to knowledge offered by XaaS options. XaaS is a success-enhancing tool that can be implemented on-site or in the cloud. It enables businesses to fully utilise AI while preserving their financial stability in a constantly changing external business environment.

Xaas in cloud computing XaaS says “Anything as a Service”. It refers to delivering any IT resource, tool, or service online in cloud computing. Instead of buying, XaaS lets you rent.

A breakdown of XaaS:

Online cloud-based delivery. Standard subscription-based pay-as-you-go. Applies to software (SaaS), hardware (IaaS), and other IT resources. Examples of XaaS:

Webmail, CRM, and productivity applications are SaaS. The PaaS platform builds and deploys applications. Rental of virtual servers, storage, and networking resources. DBaaS, DRaaS, DaaS, and others are XaaS products. Flexible and affordable, XaaS is a major benefit. Without upfront hardware and software costs, businesses can scale IT resources up or down.

IBM resolutions Utilise Flexible Capacity on Demand for IBM Power and IBM Storage as a Service to manage your AI budget. You may use these IBM products to supply, budget, and receive the same level of customer service whether on-site in your data Centre or in the IBM Cloud.

Read more on Govindhtech.com

[flentas]

Exploring the Different Types of Cloud-Managed Services and Their Applications

Businesses increasingly adopt cloud computing in the fast-paced digital landscape to leverage its numerous benefits. Organizations can benefit from cloud services, which offer scalability, flexibility, and cost-efficiency. By outsourcing infrastructure management to experts, businesses can focus on their core competencies. As an AWS consulting partner, Flentas understands the importance of cloud-managed services and offers a comprehensive suite of solutions to assist businesses in optimizing their cloud environments. In this blog, we will discuss various cloud-managed services and their usage in contemporary business operations. 

Infrastructure as a Service (IaaS)

Infrastructure as a Service (IaaS) is a basic cloud-managed service that provides virtualized computing resources over the Internet. With IaaS, businesses can access and manage their infrastructure components, including virtual machines, storage, and networks, without investing in physical hardware. This type of service benefits organizations seeking scalability and flexibility, allowing them to scale up or down based on their specific requirements. Additionally, IaaS enables businesses to offload the burden of infrastructure management to service providers like Flentas, who handle maintenance, security, and backups. 

Platform as a Service (PaaS)

Platform as a Service (PaaS) is another cloud-managed service offering a complete application development and deployment environment. PaaS provides a platform that includes operating systems, programming languages, databases, and other tools necessary for application development. By utilizing PaaS, businesses can focus on developing and deploying their applications without the need to manage the underlying infrastructure. This service is particularly beneficial for startups and development teams as it streamlines the development process, reduces time to market, and eliminates the complexities associated with infrastructure management. 

Software as a Service (SaaS)

SaaS, or Software as a Service, is a cloud-based service that allows businesses to access software applications through the Internet via a subscription model. With SaaS, organizations no longer have to worry about installing or keeping up with software on their servers, as the service provider handles all software delivery and maintenance aspects. This model offers significant advantages, such as reduced upfront costs, automatic updates, and access to applications anywhere at any time. SaaS applications are software that is available online, and examples of these include customer relationship management (CRM) systems, project management tools, and email services. 

Database as a Service (DBaaS)

Database as a Service (DBaaS) is a specialized cloud-managed service that provides managed database solutions to businesses. DBaaS is particularly beneficial for companies that require highly available, scalable, and secure databases without the overhead of managing them in-house. DBaaS offers database management and administration without companies needing to set up and maintain their database infrastructure. DBaaS is particularly beneficial for companies that require highly available, scalable, and secure databases without the overhead of managing them in-house. Service providers like Flentas handle database installation, configuration, performance tuning, backups, and security tasks, allowing businesses to focus on their data-driven applications and analytics. 

Backup and Disaster Recovery as a Service (BaaS/DRaaS)

Backup and Disaster Recovery as a Service (BaaS/DRaaS) is a critical cloud-managed service that ensures the protection and availability of business data in the event of data loss or system failure. BaaS/DRaaS solutions provide automated backups, replication, and recovery processes, allowing businesses to restore their systems and data in case of emergencies quickly. By utilizing BaaS/DRaaS, organizations can minimize downtime, prevent data loss, and maintain business continuity. Service providers like Flentas offer customizable backup and disaster recovery solutions tailored to specific business needs and regulatory requirements. 

In conclusion, cloud-managed services play a pivotal role in enabling businesses to leverage the benefits of cloud computing while minimizing the complexities of infrastructure management. As an AWS consulting partner, Flentas understands the diverse needs of modern businesses and offers a range of managed services to optimize cloud environments. Whether it's infrastructure management, application development, software delivery, database administration, or data protection, Flentas provides comprehensive solutions to help businesses thrive in the cloud era. By partnering with a trusted managed services provider like Flentas, organizations can focus on their core objectives, enhance productivity, and achieve greater agility in today's dynamic market. 

For more details about our services, please visit our website – Flentas Technologies 

[rohitpalan]

Cloud Database and DBaaS Market Surges: Expected to Reach US$ 69,806.5 Million by 2033

The Cloud Database and Database-as-a-Service (DBaaS) market is poised for remarkable growth, with projections indicating a value of US$ 18,611.2 million in 2023 and a staggering rise to US$ 69,806.5 million by 2033. These figures reflect an anticipated Compound Annual Growth Rate (CAGR) of 14.1% during the forecast period, underlining the industry’s tremendous potential and demand.

Healthcare, baking, and insurance businesses are dispersed and heavily rely on their websites. As a result, these businesses decide to use cloud databases and DBaaS solutions to cut their operating expenses and hence increase their productivity. The need for cloud databases and DBaaS is rising in non-traditional industries including social networking, online gaming, and online music merchants.

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Key Takeaways

One of the primary factors projected to drive the cloud database and DBaaS market growth is the growing need for self-driving cloud databases.

The solution component of the cloud database and DBaas market is expected to rise at a CAGR of 14.2% throughout the forecast period.

The structured query language segment is projected to rise at a CAGR of 13.6% throughout the forecast period.

North America is predicted to be the most advanced region in terms of cloud database and DBaaS adoption.

BFSI, consumer goods and retail, healthcare, and life sciences, telecom and IT, government, media and entertainment, manufacturing, and energy and utilities are just a few of the main industries that have embraced cloud database and DBaaS solutions and services.

Regional Trends and Insights

Geographically, the adoption of cloud databases and DBaaS solutions is not limited to specific regions. The trend is witnessed across the globe, with North America, Europe, Asia Pacific, and other regions embracing these solutions for their operational and strategic advantages. Factors such as the proliferation of cloud technology, increasing internet penetration, and a growing emphasis on digital transformation are contributing to the market’s widespread adoption.

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Demand Soars Across Industries: Healthcare, Banking, and More

Driven by the digital transformation era, the Cloud Database and DBaaS market is witnessing soaring demand from a range of industries. Notably, sectors such as healthcare, banking, and insurance, which rely extensively on online presence, are adopting cloud databases and DBaaS solutions to streamline operations, cut operational costs, and enhance overall efficiency. The trend extends to non-traditional sectors like social networking, online gaming, and online music retailers, which are also experiencing a notable surge in demand for these solutions.

Region-wise Insights and Category-wise Insights

In North America, the Cloud Database and DBaaS market is poised to grow exponentially due to the presence of established tech giants and the continuous innovation ecosystem. Europe follows suit with a strong inclination towards digitalization, while the Asia Pacific region showcases immense potential driven by a growing number of startups and businesses transitioning to cloud-based solutions.

Drivers and Opportunities

The adoption of cloud databases and DBaaS is fueled by the need for scalable, flexible, and cost-efficient data management solutions. Enterprises are recognizing the benefits of offloading their database management to cloud platforms, enabling them to focus on core competencies. This shift also caters to the growing requirement for remote accessibility, real-time data analysis, and seamless collaboration, thereby accelerating market growth.

Competition Analysis

The Cloud Database and DBaaS market is witnessing intense competition among leading players striving to expand their market share. Companies are investing significantly in research and development to offer innovative and robust solutions, catering to the evolving needs of various industries. As the market continues to expand, collaborations, partnerships, and strategic acquisitions are becoming commonplace strategies for companies aiming to enhance their competitive edge.

Empower Your Strategy: Acquire Our Comprehensive Report Today : https://www.futuremarketinsights.com/checkout/14490

Key Segments

By Database Type:

Structured Query Language (SQL)

Not only Structured Query Language (NoSQL)

By Component:

Solution

Services

Cloud Database and DBaaS Market By Service:

Professional Services

Consulting

Implementation

Support and Maintenance

Managed Services

By Deployment Model:

Public Cloud

Private Cloud

Hybrid Cloud

By Organization Size:

Large Enterprises

Small and Medium-sized Enterprises (SMEs)

By Vertical:

Banking, Financial Services and Insurance (BFSI)

Telecom and Information Technology (IT)

Government

Consumer Goods and Retail

Manufacturing

Energy and Utilities

Media and Entertainment

Healthcare and Life Sciences

Others (Education, Travel and Hospitality, and Transportation)

By Region:

North America

Europe

APAC

Middle East and Africa (MEA)

Latin America

[sophiareddy123]

Infrastructure As A Service Market is segmented Deployment Mode (Public Cloud, Private Cloud, Hybrid Cloud), Service (Managed Hosting, Disaster Recovery as a Service ( DRaaS), Communication as a Service (CaaS), Database as a Service (DBaaS), Storage as a Service (SaaS)), End-user Industry (BFSI, IT & Telecom, Healthcare, Media & Entertainment, Retail) and Geography (North America, Europe, Asia Pacific, Latin America, Middle East & Africa).

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