|[May 22, 2014]
Research and Markets: Global NoSQL Market Forecasts & Opportunities, 2018 - Market to Grow at a CAGR of 53%
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/rjxdb2/global_nosql)
has announced the addition of the "Global
NoSQL Market Forecasts & Opportunities, 2018 - Market to Grow at a CAGR
of 53%" report to their offering.
The Global NoSQL market will grow at a CAGR of 53% to 2018
The Global NoSQL market is growing at a rapid pace, and the increased
spending on NoSQL software and services is translating into a number of
employment opportunities. The increase in the amount of data being
generated and stored has forced organizations to look for IT
professionals that have expertise in database management. Currently,
organizations across the globe are becoming more aware of the advantages
associated with big data. Hence, the demand for database management
skills has proliferated over the last couple of years. In addition, the
demand for NoSQL skilled profssionals is coming not only from software
companies, but also from the Retail, Healthcare, and Government sectors.
Moreover, organizations are willing to pay high competitive salaries to
The growth of the Global NoSQL market is influenced by many drivers, of
which the increased adoption of big data solutions is an important
driver. Organizations are adopting big data solutions to keep track of
the huge volume of unstructured data generated each day. This has
increased the number of big data users, thereby driving the demand for
advanced database management solutions such as NoSQL.
Further, the report states that one of the major challenges is the lack
of awareness about the potential of NoSQL. The Global NoSQL market is in
its nascent stage, and therefore enterprises are unaware of the benefits
associated with NoSQL solutions. Moreover, organizations lack the basic
infrastructure facilities to adopt NoSQL.
The key vendors dominating this space are:
Oracle (News - Alert) Corp.
The other vendors mentioned in the report are:
Basho Technologies Inc.
Key questions answered in this report:
What will the market size be in 2018 and what will be the growth rate?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of each of these key vendors?
For more information visit http://www.researchandmarkets.com/research/rjxdb2/global_nosql
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