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NoSQL Expects Another Big Year in 2016 and Beyond

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vastby Angela Guess

Ben Rossi recently reported in Information Age, “Allied Market Research predicts that the global NoSQL market will reach $4.2 billion by the end of 2020, with a growth rate of 35.1% compound annual growth rate (CAGR) from 2014 to 2020. The reason for this growth is that companies are looking for database technologies that offer greater flexibility, scalability and customisation for their applications. NoSQL technologies are designed for the needs of big data and to support the requirements of mobile and Internet of Things (IoT) applications. In the age of IoT and big data, a database needs to support these new requirements. Traditional relational databases can no longer handle the volume and variety of data created, so enterprises are looking for alternative options.”

Rossi continues, “The shift towards NoSQL as a leading piece of enterprise IT can be perceived as a daunting task. However looking at relative growth in job trends from Indeed.com, the demand for NoSQL positions is growing. At the same time, NoSQL providers are making it easier than ever to switch from relational to non-relational databases from both technology and skills perspectives. As companies look at their new application requirements, NoSQL is often the first choice for building those applications. In 2016, evidence suggests that the popularity of NoSQL technologies will continue to rise.”

Read more here.

photo credit: Flickr/ gualtiero

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