OceanBase Leads China's Distributed Database On-Premises Deployment Market
1 week ago / Read about 0 minute
Author:小编   

In the latest report titled "China Distributed Transactional Database Software Market Tracker, 2H 2024," released by IDC, OceanBase has emerged as the frontrunner in China's distributed transactional database on-premises deployment market, securing a 21.2% market share for the first time. Additionally, in the on-premises deployment market within the financial industry, OceanBase holds the top spot with a 23.9% market share. IDC highlights that in 2024, distributed database products and technologies have achieved significant maturity and are now extensively utilized across multiple industries. Furthermore, it is projected that beginning in 2025, the growth rate of the on-premises distributed database software market will exceed that of the public cloud market.