"Smart Strategies, Giving Speed to your Growth Trajectory"
The database monitoring software market size was valued at USD 1.79 billion in 2022 and is projected to grow from USD 2.05 billion in 2023 to USD 5.61 billion by 2030, exhibiting a CAGR of 15.5% during the forecast period. North America dominated the global market with a share of 40.78% in 2022.
Database monitoring allows users to gather essential database performance metrics, which help optimize and improve the processes of the database. The use of database monitoring tools allows users to see how data is made available, used, and verified in an organization’s databases as well as their health, availability, and reliability. Database vendors integrate monitoring tools into their products to assist.
The scope includes various software and services offered by leading players such as SolarWinds Worldwide, LLC, Heroix Corporation, Quest Software Inc., and others. These leading players are offering various products: database performance analyzer by SolarWinds, Datadog Database Monitoring by Datadog, SQL Server Monitoring offered by Spiceworks, and Data Applications Manager by ManageEngine. Also, data server monitoring tools are offered by Site24x7, remote data management solutions by Atera, and SQL Power Database Tools performance metrics are offered by Quest Software Inc.
Furthermore, these players are developing advanced technology such as AI, cloud, and machine learning-based monitoring tools. For instance,
Rising Adoption of Database Software in Healthcare amid COVID-19 Aided Market Growth
The impact of COVID-19 pandemic positively impacted the global market during the projected period. This is accredited to the significant speed in the adoption of online social media platforms and surge in internet users during the pandemic.
Despite variations in software indices owing to budget restrictions, shutdowns, and stay-at-home orders across the globe, most chosen indexes have returned to pre-COVID-19 levels. Database monitoring software firms saw a surge in demand from healthcare, transportation, logistics, and consumer staples during the pandemic. The retail, energy, and hotel industries, on the other hand, saw a considerable drop in product demand.
Demand and usage was projected to rise in the mid to long term for software firms with significant profit margins and recurring income. Due to the implications of COVID-19, firms are reprioritizing automated database monitoring and cloud adoption, according to Redgate's annual state of database monitoring software report.
As IT infrastructures become increasingly diversified, the application's complexity grows exponentially. Database monitoring helps IT fix issues before affecting end users in such complex heterogeneous setups.
As a result, the market share is likely to expand in future.
Request a Free sample to learn more about this report.
Changing Landscape of Database Infrastructure to Propel the Market Growth
Database infrastructure is used to maintain and manage large amounts of data using several hardware and software components. Database monitoring remains one of the top tasks of Database Administrators (DBAs) despite all of these changes, and it continues to influence growth depending on how DBAs handle their roles.
Rapid use of cloud technology and mixed servers aids the market growth rate. IT firms must keep historical databases on-premises and in the cloud. Complex database difficulties result from such a hybrid server setup. Monitoring software closely monitors databases in such complicated database structures. This software has several benefits, such as minimizing outages & slowdowns of important components, helping to diagnose problems quickly, and reducing IT infrastructure expenses. It also aids in the reduction of breakdown costs and the avoidance of revenue loss caused by outages.
Rise in Amount of Data Generated by Industries to Accelerate Demand for Database Monitoring Tool
Rising data generation in several industries, such as BFSI, IT & telecom, and the growing Internet of Things (IoT), created a massive demand for database monitoring software. Besides, the introduction of customer-interface applications and the deployment of cloud computing technologies in small and large industries are also surging the demand for database software. Also, an increase in the amount of data with the surge in internet penetration aids market growth. According to Cisco Systems Inc. Report in 2020, the data traffic per month reached 35.5 GB per month in 2021 and is rapidly growing. Such an increase in data traffic and data generation is anticipated to propel the market growth.
However, database performance issues account for almost 50% of the issues in applications as most of the data is stored. An installation of this software helps to eliminate downtime and optimize usage and performance. The software can also aid businesses in ensuring a better user experience and avoiding losses in revenue. The database monitoring tool can also continuously monitor resource usage such as disk space, CPU, I/O, and memory capacity. It also constantly tracks database performance, connectivity, and security. Thus, companies are installing monitoring software to avoid database performance-related issues.
Laws and Regulations Associated with Software Development to Hamper Market Growth
The rising number of strict rules, laws, and regulations regarding software installation and development is expected to hinder market growth. Several laws include Intellectual Property (IPR) acts limiting software companies' expansion overseas. Some countries do not allow software commercial deployment and distribution for any open-source and paid database software and tools.
Further, in Europe, the General Data Protection Regulation (GDPR) has been mandated, effective since May 2018. Also, as per recent studies, approximately 60% of technology companies need to comply with the GDPR laws in Europe. This restricts innovations, hindering market growth to some extent.
Need to Optimize and Enhance Database Performance to Boost Database Monitoring Software Segmental Share
By component, this market is divided into software and services. The software segment is expected to have the largest market share and is expected to dominate during the study period. Various software tools are considered such as SolarWinds Database Performance Analyzer, Datadog, Quest’s Foglight, PRTG Network Monitor, and others. The rising adoption of this software by enterprises around the globe for optimizing the huge database and augmenting several performance parameters drives the market growth.
The services segment is expected to grow with the highest CAGR during the forecast period. This is primarily attributed to the adoption of the rising service by small & medium-scale startups and enterprises globally. The scope consists of various services such as AppPerfect’s database monitoring services, Datavail database monitoring services, and others. These database performance and data monitoring services help detect all critical database environments and help to manage several signal problems to ensure high performance. The services help in finding results, visualization, and processing.
Stable Availability and Accessibility Features of Cloud-based Model to Surge its Deployment among Enterprises
Based on deployment, the market is segmented into cloud and on-premises.
Among these, the cloud segment is expected to have the largest share in the market. The solutions help enterprises observe applications and services in the cloud. It helps to provide valuable insights from data and provides alerts on upcoming issues and disruptions. Rising cloud adoption by enterprises around the globe and increasing cloud infrastructure developments aid market growth.
Rising Digitization Strategies with Surge in Government and Private Investments Aids Large Enterprises Segment Growth
On the basis of enterprise type, the market is bifurcated into large enterprises and SMEs.
Large enterprises segment is expected to account for majority of market share since they are required to collect and retain large amounts of data in databases that must be reviewed regularly. Rising digital transformation initiatives around the globe aid the database monitoring software market growth. According to the IDC Report published in 2020, the global digital transformation initiatives were valued at USD 6.8 trillion and are growing rapidly with a surge in adoption by large enterprises. Large organizations maximize database uptime to maintain high productivity and deliver database requests using various database monitoring tools.
Also, major players in the market are developing and launching advanced database monitoring software solutions for large and small-scale enterprises. For instance,
A growing number of startups globally with the surge in digital transformation initiatives is expected to propel the growth of the SMEs segment. The segment share is anticipated to exhibit the highest CAGR during the forecast period. According to the National Association for the Self-Employed Organization, the U.S. had more than 31.7 million small and medium scale enterprises in 2020.
To know how our report can help streamline your business, Speak to Analyst
Rising Demand to Manage Huge Amount of Data from Banking Customers to Drive BFSI Segment Growth
Based on end user, the market is divided into BFSI, healthcare, government, IT and telecom, retail, and others (airlines, education).
The BFSI segment has a huge customer base that requires advanced data monitoring software solutions to access millions of customer data. The banks access these data through mobile apps, banking websites, and other multiple devices. Database software allowed the BFSI to monitor global customer experience and application performance. BFSI is expected to have the largest share in the market owing to the surge in adoption of advanced tools and software by several banking firms. For instance,
The monitoring software gives businesses complete access to their digital shops' consumer interactions and IT infrastructure. Retailers can create exceptional customer experiences, expedite digital transformations, and quickly fix performance issues by monitoring customer-facing apps.
Also, the government segment is growing with a moderate CAGR during the forecast period due to a surge in IT services’ investment for digital transformations.
North America Database Monitoring Software Market Size, 2022 (USD Billion)
To get more information on the regional analysis of this market, Request a Free sample
Geographically, the market is fragmented into five major regions, North America, South America, Europe, the Middle East & Africa, and Asia Pacific. They are further categorized into countries.
North America held the largest database monitoring software market share in 2022 and is expected to remain dominant during the forecast period. This is primarily attributed to the presence of several key players such as Heroix Corporation, SolarWinds Worldwide, LLC, Quest Software, Inc., and others in this region. Also, the U.S. government is investing a considerable amount in digitizing public sector activities. The Biden administration in the U.S. added an investment of USD 9.0 billion to the Modernization Technology Fund for building cybersecurity and IT services across governments.
Asia Pacific is expected to grow at the highest CAGR during the forecast period, owing to surge in digital transformation investments by government and private companies. Government organizations and leading private companies are adopting open source database monitoring software and tools. According to the State of Enterprise open-source report by Red Hat in 2021, more than two-thirds of IT leaders, followed by DevOps (56%) and digital transformation (51%), use open-source software for infrastructure modernization in Asia Pacific.
Europe is growing with a moderate CAGR during the forecast period owing to a surge in the adoption of cloud computing services among enterprises. According to the European Union Organization Report in 2021, approximately 41.0% of enterprises have adopted cloud services. Such an increase in the adoption of cloud computing and rising digitalization aids global database performance monitoring growth.
To know how our report can help streamline your business, Speak to Analyst
South America and the Middle East & Africa are growing with a moderate CAGR during the forecast period owing to rapidly increasing digital disruption. The governments of the Middle East countries, including Bahrain, the GCC, and the UAE have planned to implement the core digital technology adoption initiatives.
Rising Development of Advanced AI-based Technology Tools by Key Players in the Industry Aids Market Growth
The market players are intended to expand their customer base by acquiring several growth strategies such as partnerships, mergers, acquisitions, and others. These players are also planning to develop new products by expanding their technological investments in research and development. For instance,
May 2023 – Datadog announced new features and integration at the Microsoft Build Conference with Microsoft Azure. Support for the Azure Arc, OpenAI service, and cloud cost management is included in these announcements. The launch helped Azure organizations to manage their costs, migrate from the cloud, and monitor Artificial Intelligence (AI) models.
March 2023 – SolarWinds expanded its business in Asia Pacific and joined forces with some of the region's most powerful systems integrators to increase its presence on the market. As part of its partnership to improve information technology operations for enterprises, it recently announced an AI service offering with Indian HCL Technologies that provides 5G mobile network operators with interoperability capabilities.
An Infographic Representation of Database Monitoring Software Market
To get information on various segments, share your queries with us
The research report includes regional analysis, market dynamics, and market segmentation to give a better understanding to the user. Furthermore, the report provides insights into the latest industry and market trends and analyzes technologies deployed at a rapid pace at the global level. It further highlights some of the growth-stimulating factors and restraints, helping the reader gain in-depth knowledge about the market.
CAGR of 15.5% from 2023 to 2030
Value (USD Billion)
By Component, Deployment, Enterprise Type, End User, and Region
By Enterprise Type
By End User
The market is projected to reach USD 5.61 billion by 2030.
In 2022, the market size stood at USD 1.79 billion.
The market is projected to grow at a CAGR of 15.5% over the study period.
Based on deployment, the cloud segment is likely to lead the market.
The rise in amount of data generated by industries creates database performance issues to drive the market growth.
Heroix Corporation, SolarWinds Worldwide, LLC, PAESSLER AG, Quest Software Inc., eG Innovations, and Oracle Corporation are the top players in the market.
North America is expected to hold the highest market share.
Asia Pacific is expected to grow with a remarkable CAGR over the forecast period.
“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”- U.S.-based biotechnology company focussing on treatment of chronic pain.
“Kudos to your team. Thank you very much for your support and agility to answer our questions.”- Europe-based provider of solutions to automate data centre operations.
“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”- India-based manufacturer of industrial and specialty intermediates with a strong global presence.
“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”- One of the largest cosmetics company in the world.
“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”- U.S. based startup operating in the cultivated meat market.
“We received the below report on the U.S. market from you. We were very satisfied with the report.”- Global hearing aids manufacturer.
“I just finished my first pass-through of the report. Great work! Thank you!”- U.S. based solar racking solutions provider.
“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”- World’s leading advisory firm.
“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”- Germany based machine construction company.
“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”- Japanese manufacturing company of stationery products.
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry