NoSQL Market 2020 Growth & Key Business Strategies by Leading Industry Players - Couchbase, Aerospike, Neo4j, InfiniteGraph, Basho Technologies, Hypertable, Cassandra and MarkLogic

The NoSQL usage, in web applications and data storage & analysis, is poised to drive the NoSQL market, significantly, through the analysis period of 2013 - 2020. North America, is slated to remain, as a major market driving region, contributing to more than 2/5 of the overall industry revenue, through 2020.

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NoSQL Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $4.2 billion by 2020, registering a CAGR of 35.1% during the period 2014-2020. The NoSQL usage, in web applications and data storage & analysis, is poised to drive the NoSQL market, significantly, through the analysis period of 2013 - 2020. North America, is slated to remain, as a major market driving region, contributing to more than 2/5 of the overall industry revenue, through 2020.

Among all types of NoSQL databases, the key-value stores, should remain the most preferred type of NoSQL, due to their usage in web applications for blogs, session management and e-commerce. The usage of NoSQL, is significantly high in IT, for web session management, social network management, etc.

The key value stores, are the driving factors of the market, with its applications in web session management, user profile management and e-commerce support. Document databases, have emerged as the next most attractive type of NoSQL, with its simple design and basic ability, to support analytical queries. Several leading players, such as Couchbase, MongoDB, Amazon, MarkLogic, etc. are indulging in agreements, with all application industry players, in order to rise in the market. The agreement of these players, with leading companies, such as Google, Facebook, Twitter, MetLife, Snapdeal, Flipkart, etc. are facilitating a win-win situation for both parties.

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Major Market Players Included in This Report:

• Couchbase
• Aerospike
• Neo4j
• InfiniteGraph
• Basho Technologies
• Hypertable
• Cassandra
• MarkLogic

The market growth can be attributed to innovative launches of NoSQL solutions, and collaborative efforts by NoSQL vendors & customers. The efforts of customer companies, in order to improve their market offerings, are generating the demand of NoSQL, as a back end support. The emergence of agile software development, is generating the demand for NoSQL.

Promising Regions & Countries Mentioned In The Bubble Tea Market Report:

• North America
• Europe
• Asia-Pacific
• LAMEA

Access full summary at: https://www.alliedmarketresearch.com/NoSQL-market

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