Database: an indispensable basic software for modern enterprises. Database is the inevitable requirement of modern information management. It is the carrier of enterprise level user transaction data, customer information, inventory and so on. The essence of database is a data management system. In addition to providing basic data storage functions, it can also add, intercept, update and delete data. At the same time, it shields the complexity of data access, and can share data sets with multiple users, with as little redundancy as possible and independent of applications. Database can be divided into relational database and non relational database according to the matching relationship of data structure.
The global database market is vast, and the share advantage of relational database is obvious. Referring to IDC data, the global database market is expected to exceed US $40 billion in 2022. At present, relational database (RDBMS) accounts for about 80% of the share. Oracle accounts for about 42% of the global relational database market share, and the other two manufacturers in the top three are Microsoft (24%) and IBM (13%).
Domestic databases have broad development space and domestic replacement space. In the 10 billion market of Chinese database, foreign brands account for more than 90%, mainly Oracle, Microsoft, IBM and other manufacturers, and the market share of domestic database is very low. Combined with the existing data and industrial research, we have made a detailed calculation of the database localization market. The scale of China’s database market is about 30-40 billion yuan / year, and the overall stock scale of the localization database replacement market is about 300 billion yuan. In the tide of localization, domestic databases are thriving. Huawei, NPC Jincang, Wuhan Dameng, Beijing Vastdata Technology Co.Ltd(603138) , NTU General Motors, Wanli open source, Client Service International Inc(300663) have all launched self-developed database products and carried out extensive business expansion.
Investment suggestion: with the arrival of the tide of localization, database, as one of the most important basic software products, has development potential. At the same time, driven by the innovation of AI and cloud technology, it is expected to create opportunities for upgrading in the civil field. With the official open source of Huawei openguass, a new and powerful force has been officially integrated into the international community and Chinese community family. It condenses the experience of Huawei’s database core R & D team for many years and will enable Chinese database enterprises to develop by leaps and bounds. It is recommended to pay attention to the core partner of openguass Beijing Vastdata Technology Co.Ltd(603138) , The core targets of domestic databases are Troy Information Technology Co.Ltd(300366) , China National Software And Service Company Limited(600536) (Dameng), Client Service International Inc(300663) , Fujian Apex Software Co.Ltd(603383) , etc.
Risk tip: the implementation progress of industry Xinchuang is less than expected, and the R & D of domestic database products is less than expected.
