Database, Storage & Backup Software Publishing in the US
The Database, Storage and Backup Software Publishing industry performed well over the five years to 2017, due to rising corporate profit and private investment in computers and software. As customers are becoming more aware of the benefits of industry products (such as a database), and these benefits are compounded by low interest rates (which contribute to higher capital spending), the industry is expected to grow. Companies are increasingly collecting, storing and analyzing vast amounts of data to identify market trends and key customer segments, and make strategic decisions. Companies can use analyses to increase sales. Over the five years to 2022, the industry will continue its trend of strong growth, albeit at a slower rate than over the five years to 2017. Increased use of data analytic software, middleware and database management software, especially by small- to medium-sized businesses will continue to drive demand for database, storage and backup software. Also, corporate profit and investment in computers and software are both expected to rise over the period.
Operators in this industry develop and distribute database management, storage and remote-backup software systems. Operators may also assist in the installation and maintenance of these software systems. This industry also includes the development of middleware, which acts as an intermediary between databases and business analytics software. The industry does not include hardware manufacturing, operating system publishing or business analytics software publishing.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.