NoSQL Market: Global Industry Outlook, Size (US$ 27.4 Billion), Share, Growth (CAGR of 30.2%), Top Companies Analysis, Report 2022-2027

According to IMARC Group's latest report, titled "NoSQL Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", 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 Market Trends:

The widespread adoption of NoSQL across various industries, especially in the e-commerce sector, to store meta data and user-generated content are primarily driving the market growth. These applications regularly monitor the digital imprint of any login activity; therefore, a huge portion of acquired data is transformed from unstructured to structured formats. Additionally, the rising product demand from various web applications and social game developments to perform data analytics operations is favoring the NoSQL market growth. Moreover, the escalating proliferation of smartphones and internet users and the fueling need amongst franchises to establish social media presence to build client interactions are propelling the market growth. Besides this, rapid industrialization and the integration of NoSQL systems to allow distributed computing, schema flexibility, and high scalability at minimal costs are impelling market growth.

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Year Considered to Estimate the Market Size:

Base Year of the Analysis: 2021
Historical Period: 2016-2021
Forecast Period: 2022-2027

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

Industry Definition and Application:

NoSQL, or not only SQL, is a scalable, non-relational database that accommodates and accesses various data models, including key-value document, columnar, and graph formats. It saves each item separately with a unique key rather than storing files in rows and columns like a traditional database. It further employs a relational mechanism for structured and unstructured data storage and retrieval, which is modeled differently than tabular relations as utilized in relational database management systems (RDBMS). NoSQL is highly functional, and developer-friendly, and it can handle large volumes of data instantly with a scale-out architecture. Additionally, it enables easy updates to schemas and fields; thus, NoSql finds extensive applications in cloud computing and data analytics.

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.

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