GBase database ranks first in local deployment penetration in China's banking industry!

On November 20, the well-known Chinese professional media "First New Voice" released the "2024 China Banking Database Market Research Report".

The report shows that GBase leads in both total deployments and total user count among the Chinese database vendors surveyed, ranking first in local deployment penetration in the banking industry.

The banking industry is the most demanding domain for IT system localization and a crucial testing ground for domestic database products. To ensure data security and controllability, banking customers generally adopt local deployment.

Focusing on the banking sector, GBase database has deployed over 10,000 sets, deeply applied in core business systems such as clearing, credit, and Internet banking, as well as data warehouses, general business systems, and office systems. Over the years, GBase has provided data products and solutions to more than 130 banking customers, covering policy banks, state-owned banks, joint-stock banks, city commercial banks, and a wide range of rural financial institutions.

With two decades of focus on core technologies, GBase has achieved the top ranking in both total deployments and total user count in the banking industry—the sector with the strictest standards and most complex businesses—demonstrating its industry-leading technological innovation and extensive market case record.

The report points out that China's banking database market is expected to reach 3.58 billion yuan in 2024, with the share of domestic databases exceeding 20%. Among them, relational databases account for 83.5%; OLTP databases account for about 65.48%, OLAP for 20.67%, and HTAP for 13.85%; centralized databases account for nearly 80%, and distributed databases about 20%.

Two decades of deep cultivation in database products and technologies is the root cause for GBase's dual leadership in both the depth and breadth of adoption in the banking industry. We thank every banking customer for their trust and confidence in choosing GBase. We will continue to delve into core database technologies and contribute to the digital transformation and domestic IT adoption of China's banking industry.