DUBLIN, March 8, 2016 /PRNewswire/ --
A recent report published on Research and Markets expects the enterprise data management market size to grow from $64,789.7 million in 2015 to $105,195.3 million in 2020. According to the report, there is an increased need for management of the voluminous business data that is generated in organizations on a daily basis.
On Monday, market giant Microsoft announced it will release a new database product that works with the Linux operating system. This is the first time that Microsoft has let SQL Server run on a platform other than Windows. Enterprise software has remained one of Microsoft's most profitable sectors, but they face competition from several free, open-source database options. According to reports, the relational-database market is valued at $33 billion and is forecast to grow 6.6% percent a year on average through 2019.
Microsoft Chief Executive Officer Satya Nadella says Windows', for all its success, has never been in high-end computing. But this venture gives it an opportunity to go after a big market it has never participated in. A recent report projected the high performance computer market to grow at a CAGR of 5.45% during 2015-2020. It says the emergence of big data has increased the demand for systems that can handle data intensive workload. A similar report on the big data enabled market predicted growth at a rate of 23% by 2020.
Microsoft say the product will likely be available in mid 2017, and invited companies to sign up now for a private private preview of the product on the Ubuntu version of Linux.
About Research and Markets
Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Research and Markets
Laura Wood,Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: +1-646-607-1907
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets