NoSQL Market Report Expects the Market Value of USD 14.4 BN BY 2026
The Global NoSQL Market is anticipated to grow at a compound annual growth rate ( CAGR ) of 25% during 2020-2026 while it was close to USD 3.0 BN in 2019. The market will outgrow to USD 14.4 BN by 2026 as per the research conducted by Value Market Research. NoSQL can be used for various applications such as data storage, app development, e-commerce, data analytics, and web applications. The wide range of NoSQL applications across different industrial verticals such as the IT sector, retail sector, and online game development is the key that is triggering the global market. Moreover, increasing awareness about the benefits of NoSQL is propelling the market. The COVID-19 Pandemic is expected to support the global NoSQL market owing to increased e-commerce business, the growing trend of online games, and increased activities on social Networking sites.
NoSQL or Not only standardized query language is a non-tabular database mechanism that stores data by a different system than relational tables. NoSQL is designed to access, analyze, and store a large volume of unorganized data. NoSQL data mechanism system is a convenient large data management system that offers schema-less data storage. There are various types of NoSQL databases based on the data model, such as document-based stores, column-based stores, graph-based stores, and key-value stores. NoSQL database system is gaining popularity due to its unique features such as precise control, high scalability, convenient designs, and comfortable big data management.
"Global NoSQL Market Report By Type (Key-Value Store, Document Database, Column Based Store, Graph Database), By Application (Data Storage, Distributed Data Depository, Cache Memory, Metadata Store, Mobile Apps, Data Analytics, Web Apps, Others), By Industry Vertical (Retail, Gaming, IT, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2019-2026" report begins with the market introduction, market snapshot followed by in-depth regional revenue/volume for the next six years. The geo-economic factors and historic NoSQL industry trends are analysed to foresee and predict the forecasts for next six years.
On the basis of Type the market is segmented into Key-Value Store, Document Database, Column Based Store, Graph Database. By Application the NoSQL market is categorised as Data Storage, Distributed Data Depository, Cache Memory, Metadata Store, Mobile Apps, Data Analytics, Web Apps, Others. By Industry Vertical the NoSQL market is categorised as Retail, Gaming, IT, Others.The geographical segmentation of the report highlights the share of the revenue/volume spread globally as per region and country. The study in segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.
The Report Segments Global NoSQL Market -
By Type
- Key-Value Store
- Document Database
- Column Based Store
- Graph Database
By Application
- Data Storage
- Distributed Data Depository
- Cache Memory
- Metadata Store
- Mobile Apps
- Data Analytics
- Web Apps
- Others
- E-commerce
- Social Networks
By Industry Vertical
- Retail
- Gaming
- IT
- Others
By Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
Players Profiled In the Report:
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