Database as a Service Market Size Was Valued at USD 23.22 Billion in 2023, and is Projected to Reach USD 103.94 Billion by 2032, Growing at a CAGR of 18.12% From 2024-2032.
Database as a Service (DBaaS) is a cloud computing model that allows users to access a managed database system via the Internet. In this service model, the user relinquishes responsibility for database infrastructure management, maintenance, and security to the service provider. DBaaS offerings typically include database management tasks like provisioning, configuration, patching, backups, and scaling, allowing users to focus on using the database for their applications rather than worrying about the underlying infrastructure complexities.