According to DataIntelo, in 2023, the global cloud-based database market size was estimated to be approximately USD 15.5 billion, with projections indicating robust growth to around USD 39.1 billion by 2032, reflecting a compound annual growth rate (CAGR) of 11.0%. This remarkable growth is attributed to the increasing adoption of cloud technologies, AI-driven analytics, and the expanding footprint of enterprises in the digital landscape.