Global Key-Value Stores Market: Emerging Trends, Major Key Players Redis and Azure Redis Cache

According to the report, The global Key-Value Stores market size is expected to reach $ Billion by 2028 growing at the CAGR of 20% from 2021 to 2028. The key-value stores market is an enabler for the users to store and access their data more efficiently, including the storage and retrieval of structured, semi-structured, and unstructured data. Not only that, but they provide better performance and lower latency of the data operations. It has been observed that the key-value stores market is going to grow at a rapid rate, owing to the rapid adoption of key-value stores across the globe. Quickly and accurately accessing data is one of the driving factors of the Key-Value Stores market situation. The most important aspect of dealing with data is the ability to access it swiftly and efficiently. Companies are in a constant struggle to find a balance between the data that needs to be stored and the speed at which the data must be accessed. This is one of the driving factors in the growth of the global key-value stores market.

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The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global KEY-VALUE STORES industry including a look at the current market size and forecasts for key segments and regions, the driving forces behind the market, the probable effects from key trends, how all these will affect the business plan, SWOT analysis of critical sectors for each of the key competitors, customers and more! Providing valuable data about conglomerations that are most likely going to have an impact on this industry is essential to any company who plans to properly invest for next 5 years. These findings supplement our initial quantitative study in order to facilitate any new investments or planning traits against threats in existing sectors through a strategic business plan.

Impact of COVID-19

The on-going COVID-19 pandemic has had a significant impact on the industry. Several financial impacts and disruptions have been felt over a long period of time. Our research has interviewed numerous delegates from this industry, across geographical markets to collect information that is helpful for addressing potential challenges the COVID-19 pandemic may cause going forward.
In terms of COVID 19 impact, the Key-Value Stores market report also includes the following data points:
• Impact of COVID-19
• Government Aids and Policies for Industry Revival
• Companies Recent Developments to Tackle Negative Impact
• Opportunity Window & Post COVID Trend

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Key Players
Some of the major Key-Value Stores players holding highest market share include Redis, Azure Redis Cache , ArangoDB and Hbase. These players use new product development as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• Redis
• Azure Redis Cache
• ArangoDB
• Hbase
• Google Cloud Datastore
• Aerospike
• BoltDB
• Couchbase
• Memcached
• Oracle

Segmental Analysis

Market Segment By Types with focus on market share, consumption trend, and growth rate of KEY-VALUE STORES Market:
• Cloud Based
• Web Based

Market Segment By Application with focus on market share, consumption trend, and growth rate of KEY-VALUE STORES Market:
• Large Enterprises
• SMEs

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Global Key-Value Stores Geographic Coverage:
• North America
o US
o Canada

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Rest of Asia Pacific

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA

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