Cloud Non-Relational Database Market - Forecast(2021 - 2026)
Global Cloud non-relational database Market is forecast to reach $25.4billion by 2025, growing at a CAGR of 16.7% during the forecast period from 2020 to 2025. The Cloud non-relational database market is driven primarily by the factors such as increasing structured as well as unstructured data in the market due to fast growing businesses and industries across the globe. Moreover, high flexibility and elastic scalability are some major reasons for rising popularity of cloud non-relational database systems. High demands for low-latency applications are expected to fuel the market growth for cloud database market in the near future. Key Takeaways The Key type model is expected to have a major share during the forecast period 2020-2025 owing to its use in mobile, web, adtech and many other related applications. Key market players such as Oracle Corporation and Amazon Web Services contributed with major shares in the cloud database market in 2019, which helped in fueling the market growth...