Database Automation Market - Growth, Trends, Forecast(2022 - 2027)
The market for database automation is expected to grow at a CAGR of 12.4% during the forecast period (2020-2025). The increasing volume of data across industries, need to automate redundant database management processes, automated testing solutions and the growing need for faster speed to market are some of the factors that are expected to grow the demand for database automation across industries. However, the need for human intervention when it comes to data modeling and schema generation might hinder growth.
Key HighlightsThe database automation market is moderately fragmented owing to the presence of big players in the market and intense competition. The players in the market are adopting strategies such as partnerships and acquisitions to offer the best solutions to the customers and gain a competitive advantage. Factors such as high investment, presence of established players, and continuously evolving technology are some of the factors acting as barriers for new entrants in the market.
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