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NoSQL Market to Reach $22.08 Bn, Globally, by 2026 at 31.4% CAGR: Allied Market Research


NoSQL Market to Reach $22.08 Bn, Globally, by 2026 at 31.4% CAGR: Allied Market Research
PORTLAND, Ore., May 6, 2021 /PRNewswire/ Allied Market Research published a report, titled, NoSQL Market
by Type (Key-Value Store, Document Database, Column Based Store, and Graph Database), Application (Data Storage, Mobile Apps, Data Analytics, Web Apps, and Others), and Industry Vertical (Retail, Gaming, IT, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026 According to the report, the global NoSQL industry was pegged at $2.41 billion in 2018, and is expected to hit $22.08 billion by 2026, registering a CAGR of 31.4% from 2019 to 2026.
Drivers, restraints, and opportunities
:
Rise in unstructured data, increase in demand for data analytics, and surge in application development business across the globe drive the growth of the global NoSQL market. On the other hand, complexities related with testing NoSQL applications curtail down the growth ....

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Global Big Data Security Market (2020 to 2026) - Growing Demand for Big Data from SMEs Presents Opportunities


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In the post-COVID-19 scenario, the global big data security market is projected to grow from USD 17,558 million in 2020 to USD 35,364 million by 2026, recording a Compound Annual Growth Rate (CAGR) of 12.4% from 2020 to 2026.
By deployment, the cloud segment is estimated to hold a larger market size than the on-premises segment in 2020
Unlike traditional on-premises deployment mode, cloud-based big data security solutions provide with a cost effective approach for the enterprises across various industry verticals to enhance security. Pricing is one of the major differentiating factors in the adoption of cloud-based security solution over on-premises security solutions. Growing virtualization across industries and adoption of cloud computing is promoting the demand for cloud-based big data security solutions in various countries. ....

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