From $19.95B in 2024, the cloud database market grows at a 16.7% CAGR — organizations are abandoning on-premise deployments at unprecedented speed. (Source: Grand View Research)
Vector databases will lead all database segments with a 75.3% CAGR, fueled by generative AI, RAG pipelines, and hybrid semantic search. (Source: Gartner, 2025 Update)
Around 38% of enterprises plan to upgrade from legacy systems to autonomous, AI-managed databases by 2026, reflecting growing confidence in self-managing database technology. (Source: Industry Research Biz)
Cybercrime costs an estimated $10.5 trillion globally in 2025, increasing 15% year-over-year — database breaches are a significant driver of this economic damage. (Source: Cybersecurity Ventures)
The global serverless computing market grows from $28B in 2025 to over $90B by 2034, directly powering serverless database adoption. As CFOs demand cost-efficiency, serverless DBaaS eliminates idle capacity and aligns spend to actual demand. (Source: Precedence Research)