NoSQL Market to Showcase High Growth; to cross USD 14.8 BN Mark by 2026

Posted On May 28, 2020     

The report by Value Market Research on the Global NoSQL Market anticipates the market growth to reach CAGR of 25.5% during 2020-2026. The market was valued close to USD 3 BN in 2019 and is expected to reach USD 14.8 BN by 2026. The growing understanding of NoSQL's several benefits in organizing and administering big data is the primary stimulant for the growth of the NoSQL market internationally. Moreover, the ascending use of web applications and service analytics facilitates a considerable boost to the growth of this market. The soaring number of applications that involve utilization of the NoSQL database that include e-commerce, mobile app development, and more offers lucrative prospects for product penetration in the global market. However, testing becomes difficult when dealing with structured data, thereby restraining the application of NoSQL DB. On the other hand, needs and users' preferences are the basic requirements for any versatile business, thereby creating an immense volume of unstructured data that further demands data storage. This creates favorable prospects for the NoSQL market. Also, the data analytics sector remains unharmed amidst ongoing global pandemic COVID-19.

NoSQL refers to a non-relational database offering storage and retrieval mechanisms of data. This DB technology stores data in Jason format, unlike relational databases that store data in a structured relational format. It also uses a variety of data models for data access and management. This DB type is optimized for applications that need huge data volume, low latency, and flexible data models, achievable by softening some of the data consistency restraints of other databases.

The report "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" initially provides the market overview, executive summary followed by detailed revenue analysis bifurcated by segments and regions. The report analyses the trends of the past years along with deeply studying the geo-political trends, thus authenticating the findings of the research and making it more reliable.

By type the NoSQL market is divided into key-value store, document database, column based store, graph database. On the basis of application the market  is divided into data storage, distributed data depository, cache memory, metadata store, mobile apps, data analytics, web apps, others. By industry vertical the NoSQL market is divided into retail, gaming, IT, others.

North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa are the regions covered in the report. This geographical section of the report highlights the share of the revenue/volume spread globally. 

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 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:
Aerospike, Inc., Amazon Web Services, Inc., DataStax, Inc., Microsoft Corporation, Couchbase, Inc. Google LLC, MarkLogic Corporation, MongoDB, Inc., Neo Technology, Inc., Objectivity, Inc.
Download the FREE SAMPLE of Global NoSQL Market Research Report
 
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