The latest report published by IMARC Group, titled “NoSQL Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the NoSQL market share. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global NoSQL market size reached US$ 5.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 27.4 Billion by 2027, exhibiting a CAGR of 30.2% during 2022-2027. NoSQL database is a non-tabular database that stores data differently than relational tables. The database provides a mechanism for retrieval and storage of data. The databases come in a variety of types, including document, wide-column, key-value, and graph. It easily scales with large amounts of data and high user loads and provides flexible schemas. The database can support SQL, as well as semi-structured, non-tabular, structured and unstructured, and polymorphic data. The use of NoSQL offers high scalability, a straightforward design, precise control, and convenient big data management, due to which it is witnessing a significant demand across the globe.
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Market Trends:
The rising amount of semi-structured and unstructured data generated by varied business needs and user preferences is one of the key factors primarily bolstering the NoSQL market growth. The surging penetration of smartphones and the internet and increasing demand for NoSQL databases in social networks, retail, and e-commerce sectors are providing a significant boost to the market growth. The growing influence of social media and the implementation of big data analytics are bolstering the market growth. Apart from this, the rising use of non-relational databases in the financial sector and the integration of NoSQL systems with Industry 4.0 are creating a positive outlook for the market across the globe.
NoSQL Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the NoSQL market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Aerospike
- Amazon Web Services
- Apache Cassandra
- Basho Technologies
- Cisco Systems
- Couchbase, Inc
- Hypertable Inc.
- IBM
- MarkLogic
- Microsoft Corporation
- MongoDB Inc.
- Neo Technology Inc.
- Objectivity Inc.
- Oracle Corporation
Key Market Segmentation:
The report has segmented the global NoSQL market based on database type, technology, vertical, application and region.
Breakup by Database Type:
- Key-Value Based Database
- Document Based Database
- Column Based Database
- Graph Based Database
Breakup by Technology:
- MySQL
- Database
- Oracle
- Relational Database Management Systems (RDBMS)
- ACID
- Metadata
- Hadoop
- Others
Breakup by Vertical:
- BFSI
- Healthcare
- Telecom
- Government
- Retail
- Others
Breakup by Application:
- Data Storage
- Metadata Store
- Cache Memory
- Distributed Data Depository
- e-Commerce
- Mobile Apps
- Web Applications
- Data Analytics
- Social Networking
- Others
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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