Posted on nosqlgooglealerts. Visit nosqlgooglealerts

Nosql Market

The NoSQL database industry is driven by an increase in demand for e-commerce and online applications, which adds to total market demand.

PORTLAND, UNITED STATE, March 15, 2023 /EINPresswire.com/ — Allied Market Research published a new report, titled, “NoSQL Market Expected to Reach USD 22,087 Billion by 2026 | Top Players such as – AWS, DataStax and Couchbase.” The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.

The NoSQL market size was valued at USD 2,410.5 million in 2018, and is projected to reach USD 22,087 million by 2026, growing at a CAGR of 31.4% from 2019 to 2026.

Download Sample Report (Get Full Insights in PDF – 266 Pages) at: https://www.alliedmarketresearch.com/request-sample/640

Increase in unstructured data, demand for data analytics, and surge in application development activities across the globe propel the growth of the global NoSQL market. North America accounted for the highest market share in 2018, and will maintain its leadership status during the forecast period. Demand for online gaming and content consumption from OTT platforms increased significantly. So, the demand for NoSQL increased for handling huge amount of data.

The report offers a detailed segmentation of the global NoSQL market based on type, application, industry vertical, and geography. Based on application, the web apps segment held the largest share, with more than one-fourth of the total share in 2018, and is estimated to dominate during the forecast period. However, the mobile apps segment is projected to manifest the highest CAGR of 33.5% from 2019 to 2026.

Enquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/640

Based on vertical, the IT sector contributed to the highest market share in 2018, accounting for more than two-fifths of the total market share, and is estimated to maintain its highest contribution during the forecast period. However, the gaming segment is expected to grow at the highest CAGR of 34.8% from 2019 to 2026.

Based on type, the key value store segment accounted for more than two-fifths of the total market share in 2018, and is estimated to maintain its lead position by 2026. Contrarily, the graph based segment is expected to grow at the fastest CAGR of 34.2% during the forecast period.

For Report Customization: https://www.alliedmarketresearch.com/request-for-customization/640

Based on region, North America accounted for the highest market share in 2018, contributing to more than two-fifths of the global NoSQL market share, and will maintain its leadership status during the forecast period. On the other hand, Asia-Pacific is expected to witness the highest CAGR of 35.5% from 2019 to 2026.

Leading players of the global NoSQL market analyzed in the research include Aerospike, Inc., DataStax, Inc., Amazon Web Services, Inc., Couchbase, Inc., Microsoft Corporation, MarkLogic Corporation, Google LLC, Neo Technology, Inc., MongoDB, Inc., and Objectivity, Inc.

Procure Complete Report (266 Pages PDF with Insights, Charts, Tables, and Figures) at:

Covid-19 Scenario:

● With lockdown imposed by governments of many countries, demand for online gaming, content consumption from OTT platforms, and activity on social media increased significantly. So, the demand for NoSQL increased for handling huge amount of data.

● With organizations adopting “work from home” strategy to ensure continuity of business processes, NoSQL databases would be needed to store and retrieve data.

Thanks for reading this article; you can also get an individual chapter-wise section or region-wise report versions like North America, Europe, or Asia.

If you have any special requirements, please let us know and we will offer you the report as per your requirements.

Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

Other Trending Report:

1. Database Monitoring Software Market

About Us:

Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies. This helps us dig out market data that helps us generate accurate research data tables and confirm utmost accuracy in our market forecasting. Every data company in the domain is concerned. Our secondary data procurement methodology includes deep presented in the reports published by us is extracted through primary interviews with top officials from leading online and offline research and discussion with knowledgeable professionals and analysts in the industry.

David Correa
Allied Analytics LLP
+1-800-792-5285
email us here