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No SQL Database Market Expected to Expand at a Steady CAGR through 2027

07-11-2017 09:52 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

No SQL Database Market Expected to Expand at a Steady CAGR through

No SQL database is also known as non relational, non SQL, not only SQL database. No SQL database is used to implement big data and real time web applications. No SQL database provides users facility of storage and retrieval of data from the database used mainly for storage, access, and retrieval of unstructured data. This database system is used for many purposes in businesses of all sizes. Enterprises prefer no SQL databases due to an availability of elastic scaling option for them which helps to manage larger database dynamically according to company requirements and data availability. The other benefits of using No SQL database include simpler designs, scalability, and higher availability with precision control. No SQL database provides facilities for ad hoc query and analysis. Enterprises are preferring No SQL database over traditional RDBMS because No SQL databases often trade on ACID (atomic, consistent, isolated, and durable) transactions for improved performance. The cost for handling exponentially rising data traffic and transaction volume is reduced because cheap commodity servers are used for implementing No SQL database.

Global No SQL Database Market: Drivers and Restraints

The major factor in driving the market for No SQL database is enablement for managing big data easily because of this feature the rate for adaptation of No SQL database is rising substantially. The demand for No SQL database is expected to grow significantly in forecasted period because of the growing e-commerce industries, businesses also the sectors such as retail, gaming, IT and others. Enterprises are focusing on social media for improvising their customer relationships this factor is also expected to fuel the market of No SQL database. Owing to rapid industrialization and rise in day by day data traffic is going to drive the market for No SQL database globally. Moreover, the lack of awareness regarding benefits of No SQL database over relational database approaches is going to restraine growth of No SQL database market.

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Global No SQL Database Market: Segmentation

By types of No SQL database

Object database

Tabular

Tuple store

Hosted

Document store

Key-value store

Graph

Multi-model database

Multivalue database

By Application

Data storage

e-Commerce

Web applications

Social networking

Mobile applications

Data analytics

By data model

Column

Document

Key value

Graph

Multi-model

Based on the basis of geography:

The Middle East and Africa (GCC, South Africa, North Africa

North America (U.S., Canada)

Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)

Asia-Pacific (China, India, ASEAN, Australia & New Zealand)

Japan

Latin America (Mexico, Brazil)

Eastern Europe (Poland, Russia)

Global No SQL Database Market: Region wise outlook

The global No SQL Database market is divided into seven regions, namely Japan and the Middle East and Africa (MEA), North America, Western Europe, Eastern Europe, Latin America, Asia Pacific excluding Japan (APEJ). Among these regions, North America is going to account for a large share of the market and lead the global market owing to the increasing usage of IT and the growing internet access across North America followed by Latin America. APEJ, Japan, MEA is expected to grow with highest CAGR due to rising in demand of data management solution in all verticals.

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Global No SQL Database Market: Industry Key Players

No SQL database providing leading market players of the industry are:

Oracle

DynamoDB

MapR Technologies, Inc.

ObjectLabs Corporation

The Apache Software Foundation

Skyll

Basho Technologies

MarkLogic

Aerospike

InfiniteGraph

About Us – Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India.

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