TechJury.net documentation, released on February 2023, stated that 70% of companies across the globe are using the cloud plan to increase their budgets in the future. Approximately 57% of businesses migrated their workloads to the cloud in 2022. Amazon Web Services (AWS) had an 80% share of the enterprise cloud adoption in 2022.
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Data Bridge Market Research analyses that the Global ODBC Market is expected to grow at a CAGR of 18.6% from 2023 to 2030 and is expected to reach USD 4,690,704.18 thousand by 2030. The rising introduction of updated and capable ODBC drivers will propel the market's growth. The growing need for real-time data access for various applications is expected to be a major driving factor for the market's growth.
Key Findings of the Study
RISING INTRODUCTION OF CAPABLE ODBC DRIVERS MAY DRIVE THE MARKET GROWTH
The emergence of upgraded and proficient ODBC drivers is a valuable development in database connectivity. These drivers are an essential intermediary between applications and database management systems, facilitating seamless communication by employing a standardized set of functions. For Instance, the ODBC drivers boast notable performance improvements, incorporating advanced query optimization techniques, efficient data access algorithms, and intelligent caching mechanisms. These enhancements translate into accelerated data retrieval and processing, resulting in heightened application performance and responsiveness. ODBC drivers broaden the spectrum of supported database systems and versions. This expanded compatibility empowers applications to connect seamlessly with diverse databases, including widely used platforms such as Microsoft SQL Server, Oracle, MySQL, and PostgreSQL. Consequently, developers can harness these drivers to create applications seamlessly interacting with multiple database environments.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Thousand, and Pricing in USD
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Segments Covered
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By Operating System (Windows, MacOS, Linux, and Others), ODBC Driver (Single-Tier ODBC Driver and Multi-Tier ODBC Driver), Deployment Model (Cloud and On Premise), Component (Client Application, ODBC Driver Manager, ODBC Drivers, and ODBC Data Source), Database Management System (DBMS) (Oracle, MySQL, Microsoft SQL Server, PostgreSQL, and Others), Application (Marketing and Collaboration, Big Data & NOSQL, CRM & ERP, File & API, Accounting, RDBMS and E-Commerce), End User (Banking, Financial Services and Insurance, Healthcare, IT and Telecommunication, Manufacturing, Government, Automotive, Transportation, Education, Aerospace, Electronics, and Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Market Players Covered
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Oracle (U.S.), Microsoft (U.S.), IBM Corporation (U.S.), SAP SE (U.S.), Snowflake Inc. (U.S.), Databricks, SAS Institute Inc. (U.S.), Cloudera, Inc. (U.S.), MongoDB, Inc. (U.S.), MariaDB (U.S.), Progress Software Corporation (U.S.), CData Software, Inc. (U.S.), actualtechnologies LLC (U.S.), FairCom Corporation (U.S.), eGenix.com Software (Germany), Skills and Services GmbH (Germany), NexusQA Pty Ltd. (U.S.), Easysoft Limited (U.K.), Devart (Czech Republic), OpenLink Software (U.S.), Delphin Technology AG (Germany).
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis:
The global ODBC market is segmented into operating system, ODBC driver, component, database management system (DBMS), deployment model, application, and end user.
- On the basis of database management system (DBMS), the global ODBC market is segmented as Oracle, MySQL, Microsoft SQL Server, PostgreSQL, and others
In 2023, the Oracle segment is projected to hold the largest share of the database management system (DBMS) segment in the global ODBC market
In 2023, the Oracle segment holds maximum market share due to Oracle having a substantial customer base, ranging from small businesses to large enterprises across various industries. Organizations that have invested in Oracle databases are more likely to seek ODBC connectivity to integrate their existing client applications, reporting tools, or business intelligence solutions with their Oracle databases. This customer base contributes to the potential dominance of the Oracle segment in the ODBC market. The Oracle segment is growing with a CAGR of 19.7% from 2023 to 2030.
- On the basis of operating system, the global ODBC market is segmented into Windows, macOS, Linux, and others. In 2023, Windows is expected to dominate the global ODBC market with a 49.05% share, and it is growing with the highest CAGR of 19.0% from 2023 to 2030
- On the basis of ODBC driver, the global ODBC market is segmented into multi-tier ODBC driver and single-tier ODBC driver. In 2023, multi-tier ODBC driver is expected to dominate the global ODBC market with an 83.65% share and growing with the highest CAGR of 18.7% in the forecast period of 2023 to 2030
- On the basis of deployment model, the global ODBC market is segmented into on premises and cloud
In 2023, the cloud segment is projected to hold the largest share of the deployment model segment in the global ODBC market
In 2023, the cloud segment holds the maximum market share as most ODBC-related services are used for cloud protection to provide data security. The cloud segment is growing with a CAGR of 18.8% from 2023 to 2030.
- On the basis of component, the global ODBC market is segmented into client application, ODBC driver manager, ODBC drivers, and ODBC data source. In 2023, large scale organizations is expected to dominate the global ODBC market with a 52.06% share and growing with the highest CAGR of 19.1% in the forecast period of 2023 to 2030
- On the basis of application, the global ODBC market is segmented into marketing and collaboration, big data & NOSQL, CRM & ERP, file & API, accounting, RDBMS, and e-commerce. In 2023, marketing and collaboration is expected to dominate the global ODBC market with a 33.42% share and is expected to reach USD 1,591,305.51 thousand by 2030 growing with the highest CAGR of 19.6% in the forecast period of 2023 to 2030
- On the basis of end user, the global ODBC market is segmented banking, financial services and insurance, healthcare, IT and telecommunication, manufacturing, government, automotive, transportation, education, aerospace, electronics and others. In 2023, Banking, Financial Services and Insurance is expected to dominate the global ODBC market with a 22.77% share and is expected to reach USD 1,114,937.28 thousand by 2030 growing with the highest CAGR of 19.6% in the forecast period of 2023 to 2030
Major Players
Data Bridge Market Research recognizes the following companies as the major global ODBC market players in ODBC market are Oracle (U.S.), Microsoft (U.S.), IBM Corporation (U.S.), SAP SE (U.S.), Snowflake Inc. (U.S.), Databricks, SAS Institute Inc. (U.S.), Cloudera, Inc. (U.S.), MongoDB, Inc. (U.S.), MariaDB (U.S.), Progress Software Corporation (U.S.), CData Software, Inc. (U.S.), actualtechnologies LLC (U.S.), FairCom Corporation (U.S.), eGenix.com Software (Germany), Skills and Services GmbH (Germany), NexusQA Pty Ltd. (U.S.), Easysoft Limited (U.K.), Devart (Czech Republic), OpenLink Software (U.S.), and Delphin Technology AG (Germany).
Market Developments
- In May 2023, Cloudera, Inc. partnered with SoftBank Corp. to build a data lake, resulting in a successful migration process and the ability to manage data more effectively. The data lake is a centralized platform, enabling real-time processing, eliminating data silos, optimizing costs, and maximizing operational efficiency for SoftBank's various business units. Such Partnerships allow companies to reach new markets and customer segments by leveraging the existing customer base of their partners
- In May 2023, Databricks acquired Okera to enhance its data governance capabilities. This acquisition aims to address the growing need for secure access control and data governance in AI, machine learning, and large language models
- In January 2023, CData Software, Inc. announced that the company had been named a winner in the BIG Innovation Awards presented by the Business Intelligence Group. This esteemed recognition is a testament to the company's unwavering commitment to excellence, innovation, and customer satisfaction
- In April 2022, Delphin Technology AG opened a new Delphin data center. It enables worldwide metrological connection, independent of data source interfaces, providing centralized measurement data management with various functionalities from acquisition to real-time access. By opening a new center in a different location, the company has expanded its geographic reach and access to new markets
- In October 2021, actualtechnologies LLC released the latest versions of the Actual ODBC Drivers. These drivers are highly recommended for FileMaker 19 and Microsoft Excel 365 on Mac OS Catalina or later. This enhanced compatibility with Mac OS Monterey on Intel and Apple Silicon-based Macs.
Regional Analysis
Geographically, the countries covered in the global ODBC market report are U.S., Canada and Mexico in North America, Germany, U.K., France, Netherlands, Italy, Spain, Switzerland, Russia, Turkey, Belgium and rest of Europe in Europe, China, Japan, South Korea, India, Australia, Singapore, Thailand, Indonesia, Malaysia, Philippines and rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), U.A.E., Saudi Arabia, Israel, South Africa, Egypt and rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
As per Data Bridge Market Research analysis:
North America is the dominant region in global ODBC market during the forecast period 2023 - 2030
In 2023, North America dominated the global ODBC market because North America, particularly the United States, has been at the forefront of technological advancements, including developing and adopting database management systems (DBMS) and associated technologies. The region has a robust IT infrastructure and a high concentration of technology companies, driving innovation and the demand for ODBC connectivity solutions.
Asia-Pacific is estimated to be the fastest-growing region in the global ODBC market for the forecast period 2023 - 2030
Asia-Pacific is expected to grow during the forecast period due to the Asia-Pacific region has experienced rapid technological growth in recent years. Countries like China, India, Japan, and South Korea have witnessed significant advancements in their IT sectors, with a focus on digital transformation and innovation. This growth has led to an increased demand for ODBC connectivity solutions to connect applications and tools with databases, potentially contributing to the region's dominance in the global ODBC market.
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