IDC: It is expected that the relational database market in China will resume high-speed growth in 2025, with a market growth rate close to 25%.

Wisdom Financial APP learned that the latest report released by IDC shows that the scale of China's relational database software market in the second half of 2024 is 22.8 billion US dollars, an increase of 11.1% year-on-year, with a slight rebound compared to the first half of 2024. Among them, the scale of public cloud relational databases is 14.5 billion US dollars, an increase of 13.7% year-on-year; the scale of on-premises relational databases is 8.3 billion US dollars, an increase of 6.8% year-on-year. IDC predicts that due to the localization of software, the rapid development of AI native applications, and the impact of macroeconomic recovery, the Chinese relational database market will return to a high-growth trend in 2025, with a market growth rate close to 25%. By 2029, the scale of China's relational database software market will reach 110.3 billion US dollars, and the 5-year Compound Annual Growth Rate (CAGR) from 2024 to 2029 will be 20.8%.