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+35% CAGR Amazingly NoSQL Market For IT Market by 2026: Studied in Detail by Focusing on Product Type with Top Companies like Couchbase, Basho Technologies

01-17-2019 02:59 PM CET | IT, New Media & Software

Press release from: qyreports

NoSQL Market

NoSQL Market

The NoSQL Market (Not Only SQL) is a database mechanism developed for storage, analysis and access of large volume of unstructured data. The problems while testing and managing complex queries as compared to relational database approaches is a major restraint for the wider adoption of NoSQL technology.

Some of the key companies operating in the market are Couchbase, Basho Technologies, Aerospike Inc., IBM Corporation, MarkLogic Corporation, Neo technology Inc., Hypertable Inc., Cisco Systems Inc., Objectivity Inc., Oracle Corporation, and Microsoft Corporation.

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The NoSQL Market is expected to accumulate 4.2 billion for 2026, registering a CAGR of + 35% during the forecast period 2019-2026. The NoSQL (Not Only SQL) market is a database mechanism developed for the storage, analysis and access of large volumes of unstructured data. NoSQL allows the storage of data without schema, which is not possible with the storage of relational databases. The benefits of using the NoSQL database include high scalability, simpler designs and greater availability with more precise control.

As a result of the needs of the companies and the preferences of the users, an amazing volume of unstructured and semi-structured data is created every day. This is fueling the demand for data storage, which in turn is increasing the market. On the other hand, the unstructured format of NoSQL makes testing difficult. This is, therefore, limiting the widespread adoption of these databases. However, it is estimated that technological advances will address the problems of testing and increase the generation of market revenues in the near future.

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The research report on the global NoSQL market considers historical data and the current market scenario to project future growth trends. It provides an in-depth analysis of market dynamics, such as drivers, constraints and opportunities, and the extent to which they affect market growth.
Not only SQL technology (NoSQL) is emerging in the market horizon of the database and will grow rapidly in the coming years. This technology, ideally, is not a substitute for conventional RDBMS products such as Oracle SQL, Microsoft Access, etc. However, it helps overcome the limitations observed in conventional RDBMS technologies.

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Key Facets of this Analysis Comprises:

1. NoSQL Market Snap Shot;

2. Types of NoSQL Economy;

3. Market Overview: Market drivers, restraints and NoSQL trends analysis;

4. Analysis of the key players working;

5. Market dimensions divide into both sub-geographies and geographies;

6. Cross-sectional global NoSQL market size for many sections each sub-geography;

7. Global NoSQL market share annually 2019 using 2018 as the foundation year;

We at QYReports(qyreports.com), a leading market research report publisher cater to more than 4,000 prestigious clients worldwide meeting their customized research requirements in terms of market data size and its application. Our list of customers include renouned Chinese companies multinational companies, SME’s and private equity firms. our business study covers a market size of over 30 industries offering you accurate, in depth and reliable market insight, industry analysis and structure. QYReports specialize in forecasts needed for investing in an and execution of a new project globally and in Chinese markets.

QYReports
Jones John
(Sales Manager)
+91-9764607607
sales@qyreports.com
www.qyreports.com

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