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NoSQL Market Predictions By Global Trends, Future Growth, Regional Overview and …

MMS Founder

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NoSQL (Not Only SQL) is a database mechanism developed for storage, analysis, and access of large volume of unstructured data. NoSQL allows schema-less data storage, which is not possible with relational database storage. The benefits of using NoSQL database include high scalability, simpler designs, and higher availability with more precise control. The ability to comfortably manage big data is another significant reason for the adoption of NoSQL databases. The NoSQL technology is emerging in the database market horizon and is expected to grow rapidly over the next few years.

However, it helps to overcome limitations observed in conventional RDBMS technologies.
The rise in social media such as games, blogs, and portals such as Facebook, LinkedIn, and matrimonial sites, has led to surge in semi-structured and unstructured data. NoSQL is the only feasible technology to store and manage this data. The impact of this factor would further increase in future, due to rise in structured and/or unstructured data from applications such as social media, retail transactions, and web applications. Moreover, as NoSQL is the most suitable technology for agile app development, with rise in the app development economy, NoSQL adoption is set for an increase in the coming years, which in turn is expected to garner high market growth.

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However, the software testing of NoSQL database designs is complicated as compared to RDBMS, which is a restraining factor of the market. Furthermore, increase in investments in big data and business analytics tools among large number of organizations that drive revenue growth and improve service efficiencies is an opportunistic factor of the market. The NoSQL market is segmented on the basis of type, application, industry vertical, and region. By type, it is categorized into key-value store, document database, column-based store, and graph database. On the basis of application, it is divided into data storage, mobile apps, data analytics, web apps, and others. Further, the data storage segment is sub-segmented into distributed data depository, cache memory, and metadata store. Depending on industry vertical, it is categorized into retail, gaming, IT, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The passage highlights the trend of governmental organizations increasing their maintenance budgets for system infrastructure while also investing in initiatives for project development, modernization, and enhancement. This has led to the success of investments and an increase in the annual funding set aside by ICT vendors for the growth of the online market. The passage also mentions the anticipated increase in global ICT exports, which are expected to rise by an average of 3.9% yearly from US$ 784.3 billion in 2021 to US$ 955.19 billion in 2030. The global supply of ICT has increased by 9.5% yearly since 2009.

In terms of global ICT exports in 2021, Ireland ranked first with US$ 169.32 billion, followed by the United States at number 2, India at number 3, and China at number 4. The passage also notes the significant increase in Brunei’s global ICT exports by 228.2% year over year since 2009, while Sierra Leone’s global ICT exports have decreased by 61.7% year over year in the same period. Overall, the passage highlights the growth and potential of the global ICT market, driven by increased investments and funding for infrastructure and project development.

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It seems that the ICT industry in Europe is predicted to experience moderate growth in the coming years, with an annual increase of 1.5% expected from 2021 to 2026. Germany currently holds the top position in terms of ICT revenue in Europe, followed by the United Kingdom, France, and Ireland. It’s interesting to note that while some countries like Malta have experienced significant growth in the ICT industry since 2016, others like Italy have seen a slight decline. This information can be useful for businesses and investors looking to enter or expand in the European ICT market.

– The study provides an in-depth analysis of the current & future trends of the market to elucidate the imminent investment pockets.
– Information about key drivers, restraints, and opportunities and their impact analysis on the global NoSQL market size is provided.
– Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the NoSQL industry.
– The quantitative analysis of the market from 2018 to 2026 is provided to determine the global NoSQL market potential.

– Aerospike, Inc.
– Amazon Web Services, Inc.
– DataStax, Inc.
– Microsoft Corporation
– Couchbase, Inc.
– Google LLC
– MarkLogic Corporation
– MongoDB, Inc.
– Neo Technology, Inc.
– Objectivity, Inc.

By Type
– Key-Value Store
– Document Database
– Column-based Store
– Graph Database

By Application
– Data Storage
o Distributed Data Depository
o Cache Memory
o Metadata Store
– Mobile Apps
– Data Analytics
– Web Apps
– Others (E-commerce and Social Networks)

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By Industry vertical
– Retail
– Gaming
– IT
– Others

– North America
o U.S.
o Canada
– Europe
o Germany
o France
o UK
o Rest of Europe
– Asia-Pacific
o Japan
o China
o India
o Rest of Asia-Pacific
o Latin America
o Middle East
o Africa

Table of Content:

  • Report Overview
  • Global Growth Trends
  • Competition Landscape by Key Players
  • Data Segments
  • North America Market Analysis
  • Europe Market Analysis
  • Asia-Pacific Market Analysis
  • Latin America Market Analysis
  • Middle East & Africa Market Analysis
  • Key Players Profiles Market Analysis
  • Analysts Viewpoints/Conclusions
  • Appendix

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