According to TechSci Research report, “Relational Database Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F”, The Global Relational Database Market was valued at USD 67.37 billion in 2024 and is expected to reach USD 137.81 billion by 2030 with a CAGR of 12.67% through 2030.
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A significant factor driving the growth of the relational database market is the widespread adoption of cloud computing. The shift to cloud-based solutions has revolutionized how businesses manage data, offering improved flexibility, scalability, and cost efficiency. Cloud-based relational databases enable organizations to store and access data remotely, eliminating the need for on-premises infrastructure. This transition allows businesses to scale their database resources up or down based on demand, offering significant cost savings by paying only for the resources they use. Cloud-based relational databases also enable businesses to access advanced features, such as automated backups, high availability, and disaster recovery, which ensure business continuity. Major cloud service providers such as Amazon Web Services, Microsoft Azure, and Google Cloud offer fully managed relational database services, which ease the burden of database administration for organizations. These services provide enhanced performance, security, and compliance with data regulations, making them attractive to organizations of all sizes. The ability to integrate relational databases with other cloud services such as data lakes, machine learning, and analytics tools further enhances their appeal. As cloud adoption continues to rise, the demand for cloud-based relational databases is expected to grow, driving the expansion of the relational database market.
The rise of multi-model databases represents a key trend in the relational database market. A multi-model database is a database that supports multiple data models, such as relational, document, key-value, graph, and others, within a single database engine. This trend is driven by the growing need for organizations to handle a wide variety of data types and use cases in a unified system. Traditional relational databases, which rely on a fixed schema and handle structured data, are often insufficient for businesses that need to work with unstructured or semi-structured data, such as social media content, sensor data, and multimedia files. Multi-model databases address this challenge by allowing organizations to manage diverse data types within a single platform, offering the flexibility to store and process data in the most appropriate format. For example, a business could use the relational model to store transactional data, the document model to handle customer feedback, and the graph model to analyze social network relationships, all within the same database system. This approach simplifies data management, reduces the need for multiple specialized databases, and lowers operational costs. As organizations increasingly adopt multi-model databases, the relational database market is expanding beyond traditional use cases. This trend is particularly relevant for industries such as retail, healthcare, and telecommunications, where a wide range of data types must be processed and analyzed together. The growth of multi-model databases is expected to drive innovation in relational database management systems and further enhance their ability to handle complex, real-time data workloads.
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Based on End User, BFSI segment dominated the relational database market in 2024 and maintain its leadership throughout the forecast period. The BFSI sector relies heavily on relational databases for managing vast amounts of structured data, including customer transactions, account details, and financial records, where data integrity, security, and real-time processing are critical. Relational databases provide the robust transactional capabilities required for secure, high-volume operations such as processing payments, managing financial portfolios, and ensuring regulatory compliance. The growing need for advanced data analytics, fraud detection, and customer insights in the BFSI sector further drives the demand for relational databases. As the industry increasingly adopts digital banking solutions, the need for scalable, secure, and high-performance relational database systems becomes even more pronounced. The BFSI sector faces strict regulatory requirements around data management, which relational databases can effectively support by offering strong data consistency, reliability, and compliance features. The adoption of cloud-based relational database solutions in BFSI also enhances flexibility, scalability, and cost-efficiency, contributing to the growth of this segment. As digital transformation continues to evolve in the BFSI industry, the demand for relational databases capable of handling complex transactional and analytical workloads is expected to remain strong, solidifying the BFSI segment’s dominance in the relational database market during the forecast period.
Based on region, Asia Pacific is the fastest-growing region in the relational database market due to rapid digital transformation, increased cloud adoption, and expanding data-centric applications across industries. The region’s growth is driven by the rising demand for data management solutions in key sectors such as finance, healthcare, retail, and manufacturing. As businesses in countries like China, India, and Japan increasingly rely on data-driven decision-making, the need for scalable, high-performance relational databases has surged. The rapid expansion of cloud infrastructure and data centers in the region supports the adoption of cloud-based relational database services, offering enhanced flexibility and cost-efficiency. Government initiatives and investments in smart city projects also contribute to growth, making Asia Pacific a critical hub for relational database advancements.
Key market players in the Relational Database Market are: –
Oracle Corporation
Microsoft Corporation
IBM Corporation
Google LLC
SAP SE
MongoDB, Inc.
Huawei Technologies Co., Ltd.
Amazon.com, Inc.
Rackspace Technology, Inc.
Snowflake Inc.
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“The relational database market is expected to grow significantly in the future, driven by increasing data generation, the rise of cloud computing, and advancements in artificial intelligence. As businesses embrace digital transformation, the demand for scalable, secure, and efficient data management solutions will intensify. Cloud-based relational databases will dominate, offering flexibility and cost-effectiveness, while integration with AI and machine learning will enhance real-time analytics and automation capabilities. Industries such as banking, healthcare, and retail will continue to lead adoption, while emerging markets in Asia Pacific and other regions will further fuel global growth, expanding the relational database ecosystem.” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based global management consulting firm.
“Relational Database Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (In-memory, Disk-based, Others), By Deployment (Cloud-based, On-premises), By End User (BFSI, IT & Telecom, Retail & E-commerce, Manufacturing, Healthcare, Others), By Region, By Competition, 2020-2030F” has evaluated the future growth potential of Relational Database Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Relational Database Market.
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