Add to Favourites
To login click here
The global NoSQL market is expected to generate $86.3 billion by 2032, witnessing a CAGR of 28.1% from 2023 to 2032. The rise in demand for big data analytics, enterprise-wide need for scalable and flexible database solutions, and growth in adoption of cloud computing technology are expected to drive the global NoSQL market growth. However, the high complexities of administrating NoSQL databases and the potential threat of data-related inconsistencies are expected to hinder market growth. Furthermore, the rise in adoption of advanced technologies such as AI & ML offers lucrative market opportunities for the market players.
