According to a recent report, the Cloud Database and DBaaS Market grew at 11% CAGR from 2019 to 2022. It is expected to grow at 15% CAGR to reach $40 billion by 2029 from $16 billion in 2022. MongoDB (Nasdaq: MDB) recently reported its first-quarter results that surpassed market expectations. MongoDB's Financials MongoDB's revenues for the quarter grew 29% to $368.3 million, ahead of the market's forecast by 6.35%. Adjusted earnings of $0.56 per share was also ahead of the Street's forecast of $0.19 per share. By segment, Subscription revenues grew 29% to $354.7 million, an...