According to a new report published by Reports Monitor titled, “Global NoSQL, Growth Opportunities, Innovations and Forecast, 2018-2025,” the NoSQL was valued at XX million in 2017, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2018 to 2025.
NoSQL is non-relational databases widely known for their ease of development, low latency and resilience. It is optimized for scalable performance and schemaless data models. They use a variety of data models, including columnar, document, graph, and in-memory key-value stores.
Rapid increase in the amount of semi-structured and unstructured data mainly influences the growth of NoSQL market in a positive manner. Increased adoption of social media such as Facebook, LinkedIn, and others has resulted in growth of semi-structured and unstructured data. Traditional database structure fails in the storage and analysis of big data volumes, however emergence of NoSQL solutions have resulted in the efficient management of big data, thereby propelling the growth of market. However, complexities involved in the testing owing to the unstructured data format are majorly restraining the growth of market.
This report provides a detailed analysis of NoSQL, which includes current industry situations such as market size, growth and demands, market outlook, major players with their key strategies such as investment, mergers and acquisitions, value chain analysis and porter’s analysis. It covers the market canvas and the growth opportunities in the coming years. The report has been made with an in-depth analysis along with important inputs from the various industry experts. The research is carried out with both extensive primary and secondary data sources supported with either bottom up or top down approach.
Global NoSQL market is majorly segmented on the basis of type, application and end-use. Based on type, market is further bifurcated into: key-value store, graph data models and document stores; while on the basis of applications market is segmented into: data storage, mobile apps, data analytics, social networking and others. On the basis of end-use, market is segmented into: IT, BFSI, Government, Healthcare, Retail and others.
Geographically, global NoSQL market is mainly analysed across: North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa). Presence of major companies coupled with the immense development of big data management tools majorly influences the growth of North American region in a positive manner. Expansion in IT, an e-commerce and retail sector mainly drives the growth of Asia Pacific market.
The competitive analysis of global NoSQL market involves the study and analysis of DynamoDB, ObjectLabs Corporation, Skyll, MarkLogic, InfiniteGraph, Oracle, MapR Technologies, Inc., The Apache Software Foundation, Basho Technologies, and Aerospike.
About Garner Insights:
We at Garner Insights.com provide a comprehensive analysis by providing in-depth reports of the various market verticals. Our Mission is to provide a detailed analysis of the vast markets worldwide backed by rich data. Decision makers can now rely on our well-defined data gathering methods to get the correct and accurate market forecasting along with detailed analysis.