NoSQL Market By Type (Key-Value Store , Document Database , Column Based Store , Graph Database), By Application (Data Storage, Mobile Apps, Data Analytics, Web Apps, Others), By Industry Vertical (Retail, Gaming, IT, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032
A NoSQL is a database that includes a relational mechanism for storage and retrieval of structured and unstructured data that is modeled in means other than the tabular relations as used in relation databases (RDBMS). It encompasses a wide variety of database technologies that are developed to handle the increase in volume of data that is generated and stored. This data has increased in recent times due to Internet of Things, the internet, and others. NoSQL is widely preferred for distributed data stores with humongous data storage needs as the data sources are varied.
The report covers the study of the NoSQL market along with its types, applications and verticals. The research involves a study of NoSQL software, which includes revenue realized from the sale of commercial licenses as well as revenue realized from the upgrade charges of open-source NoSQL solutions. The NoSQL market is studied in accordance with four types, key-value store, document databases, column-based stores and graph-based stores. Applications of the NoSQL considered in the report are data storage, data analytics, e-commerce, web applications, social networks, and mobile app development.
Furthermore, the market is profoundly influenced by considerable expenses related to NoSQL solutions and services. Primarily, these expenses can serve as a deterrent for smaller and medium-sized enterprises (SMEs) with constrained budgets. SMEs may perceive NoSQL databases as a financial burden, leading to insufficient investment in these solutions. In addition, even larger organizations may exhibit hesitation in allocating substantial resources to NoSQL solutions, particularly when faced with competing budgetary demands. Moreover, excessive costs associated with NoSQL solutions may hinder the adoption of global market in industries or regions where there is limited awareness of its benefits.
Furthermore, the notable factors positively affecting the NoSQL market include rise in demand for big data analytics, enterprise-wide need for scalable and flexible database solutions, and growth in adoption of cloud computing technology. However, the high complexities of administrating NoSQL databases and the potential threat of data-related inconsistencies can hinder market growth. Furthermore, the rise in adoption of advanced technologies such as AI & ML offers lucrative market opportunities for the market players.
The NoSQL market is segmented on the basis of type, application, industry vertical, and region. On the basis of 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. The data storage segment is further sub-segmented into distributed data depository, cache memory, and metadata store. On the basis of industry vertical, it is categorized into retail, gaming, IT, and others. On the basis of region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The market players operating in the global NoSQL market. This report further outlines the current trends and key areas of investment. In addition, it includes Porter’s five forces analysis to understand the competitive scenario of the industry and role of each stakeholder. The report features the strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights the competitive landscape of key market players to increase their market share and sustain intense competition in the industry. The key players operating in the market include Aerospike Inc., Couchbase Inc., IBM Corporation, Neo4j, Inc., Objectivity, Inc, Oracle Corporation, Progress Software Corporation, Riak, ScyllaDB, Inc., and Apache Software Foundation.
Key Benefits For StakeholdersThis report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the nosql market analysis from 2022 to 2032 to identify the prevailing nosql market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the nosql market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global nosql market trends, key players, market segments, application areas, and market growth strategies.
Key Market SegmentsBy TypeKey-Value Store
Document Database
Column Based Store
Graph Database
By ApplicationMobile Apps
Data Analytics
Web Apps
Others
Data Storage
By Industry VerticalRetail
Gaming
IT
Others
By RegionNorth America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market PlayersOracle Corporation
Couchbase Inc.
Neo4j, Inc.
Objectivity, Inc
Riak
ScyllaDB, Inc.
Progress Software Corporation
The Apache Software Foundation
IBM Corporation
Aerospike Inc.
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