Database Management System (DBMS) is a software used to store, extract, and run queries on data. A DBMS essentially serves as an interface between an end-user and a database, enabling users to create, read, update, and delete the data in a database. DBMS optimizes the organization of data by following a technique called normalization that provides a more complex backup system and makes it more flexible than traditional file systems. According to the findings of Research and Markets, the global market for Database Management Systems (DBMS) was valued at more than $63.9 trillion in 2020 and is expected to reach $142.7 trillion by 2027, growing at a CAGR of 12.2% during the forecast period.
