In both the global and Chinese data management system submarkets, relational databases hold the major share (over 60%). The growth rate of China's relational database market has gradually slowed down in the past two years. In 2022, the market size reached 3.43 billion USD with a year-on-year growth rate of 23.9%. The replacement of domestic databases has entered a large-scale stage, and the advantages of local database brands have become more apparent. The market share of the top 5 domestic vendors increased from 27% in 2018 to 55%. The vast market size and population base in China provide ample growth space for new database technologies.
Tencent Cloud's market share in the database market reached 262.4 million USD, with an overall revenue growth rate exceeding 30% and ranking second. In the traditional deployment model, Tencent Cloud is the second-largest local vendor in terms of market share, with a year-on-year growth of over 100% and ranking first. In the public cloud model, Tencent Cloud ranks second in market share.
Read this report, you will learn
• The market size and key findings of the Chinese relational database software market
• Future predictions and trend analysis of the Chinese relational database software market
• The landscape of the Chinese relational database software market
• Industry distribution within the Chinese relational database software market.
