A
new market research report by Transparency Market Research, titled "NoSQL
Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015
- 2023," offers a detailed overview of the present scenario of the global
NoSQL market and presents insights into the key factors determining the growth
of the market during the period between 2015 and 2023. The report estimates the
size and valuation of the market by the end of the forecast period. The global
NoSQL market has been studied on the basis of applications and regions. The
report further profiles some of the key players operating in the market.
NoSQL,
also referred as Not Only SQL (Structured Query Language) is a software used
for designing and management of large quantity of distributed data. NoSQL is
particularly helpful when organizations deal with a large amount of
unstructured or remotely stored data on virtual servers. Some of the NoSQL
implementations available in the market are MapReduce, Apache Hadoop Google
BigTable, SimpleDB, Voldemort, and MemcacheDB. This database provides enhanced
scalability and offers superior performance compared to the rational database
management system (RDMS).
The
flexibility of various NoSQL data models, seamless operation with cloud, and
elastic scalability are the primary factors driving demand from the global
NoSQL market. Innovative developments and collaborative efforts from market
players are expected to push the growth of the market during the forecast
horizon. However, NoSQL database models are in their pre-production versions
and users are not well informed about the technologies. Further, it is an open
source database. Hence, security of data is questionable. These factors are
anticipated to hinder the market growth in the near future.
In
terms of applications, the report segments the global NoSQL market into finance
and banking, defense, biotechnology, geosciences, mobile and telecommunication,
biotechnology, and others. The report analyzes the growth of each of the
application segments during the forecast period.
GetMoreinformation: http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=7340
The
report studies the global NoSQL market across Asia Pacific, Europe, North
America, Latin America, and the Middle East and Africa. Robust internet
infrastructure, coupled with increased usage of information technology and
management of social media, has placed North America as the leading region in
the market. In terms of growth, Asia Pacific is anticipated to be the most
lucrative region for the market during the forecast horizon.
Describing
the competitive hierarchy, the report profiles some of the key players in the
global NoSQL market such as Aerospike Inc., IBM Corporation, Oracle
Corporation, Objectivity Inc., Basho Technologies, MarkLogic Corporation, Cisco
Systems Inc., Couchbase, Microsoft Corporation, Neo technology Inc., Hypertable
Inc. Through SWOT analysis, the report analyzes the growth of the market
players during the forecast period.
No comments:
Post a Comment