VALLEY COTTAGE, N.Y. – According to recent report published by Future Market Insights (FMI), the global SQL server transformation market value is expected to overpass US$ 30 Bn by 2029, growing at a staggering CAGR of 9.5% over the forecast period 2019-2029. Demand for SQL server transformation solution is expected to remain strong, as it retains the mapping and data format integrity from the source to the destination by avoiding the long process every time.
Market players are working towards business expansion by collaborating with RDBMS and service solution providers. Strategic acquisitions are helping the players in improving the business revenue, while other innovative strategies are facilitating them to create a potential customer base and improve their market presence & brand loyalty.
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In recent times, the
transformation of the SQL server to the cloud has been on the rise. Cloud
offers scalability and low-cost benefits, and growing R&D activities are
eliminating the barriers to cloud deployments. In sequence, mid-sized and large
enterprises are shifting their workload to the cloud and cloud applications –
databases-as-service (DaaS). DaaS is witnessing rapid adoption across the world
and the developers are focusing on developing DaaS applications with enhanced
speed and agility. These factors will continue to influence the market growth
over the forecast period.
“SQL server transformation is gaining prominence at global platform due to high demand for management solution & services and efficient data monitoring along with growing need to meet customers expectation, especially in retail and IT & services sectors, says FMI analyst.
Preview Analysis Of 2019 Analysis and Review of SQL Server Transformation Market by Function – Data Integration Scripts, Analytical Queries, Information Retrieval, and Other Applications for 2019 – 20299:https://www.futuremarketinsights.com/reports/sql-server-transformation-market
Takeaways – SQL Server Transformation Market Study
- Adoption of cloud-based solutions in the small-and-medium-sized enterprise is rising for the purpose of enterprise data warehousing (EDW), which will continue to influence growth strategies.
- Adoption of SQL server transformation solution by large businesses for EDW is expected to grow at a healthy pace over the predefined timeframe. However, the adoption rate for business operations will rise at a remarkable CAGR of 11% during the forecast period.
- Emergence of NewSQL is influencing large enterprises dealing in the retail and IT & service industries to shift towards the NewSQL Database for the optimization of a large number of structured data.
- IT and services are the key verticals that are contributing to the growth of the SQL server transformation market. This can be attributed to rising availability of automation features integrated into SQL server transformation solutions.
- Adoption of SQL server transformation solutions and services in education and retail sectors is projected to witness a notable CAGR during the forecast period.
- North America captured around one-third of the global SQL server transformation market, as of 2018.
- APEJ is expected to offer lucrative opportunities for market vendors, due to relatively high usage of SQL server transformation by the retail industry. Additionally, Middle East and Africa is set to register an impressive growth rate over the forecast period, in the view of higher adoption of RDBMS.
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