TechNavio today launched its report, Global NoSQL Market 2012-2016, based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Enterprise Computing team said: ”Social media have become a major data source for many organizations. This is because of their ability to provide instant feedback about the businesses through blogs and social networking sites. With the rise of social media, there is also a high demand to track user interactions on these sites. Organizations have realized the need to augment their data warehouses with external data sources. Additionally, the increasing importance of sentiment analysis and advancements in text analytics are encouraging organizations to include social media in their business process. The emergence of social media increases the amount of data within enterprises and therefore this is a positive trend in the market and is expected to drive the growth of the Global NoSQL market in the coming years.”
According to the report, enterprise data is generated from various sources including enterprise applications, web-based searches, social networks, and cloud-based applications. These data must be accessible as part of or as an extension to the corporate information framework, and they should be made available for analysis and decision making. Organizations require solutions to keep track of the huge volume of data generated and use it effectively. NoSQL helps enterprises in the retrieval and analysis of this vast and growing amount of diverse data. It also helps to optimize business decisions, discover significant weak signals, and develop indicator patterns to identify opportunities and threats.
Further, the report reveals that the increasing operating costs due to lack of expertise is one of the major challenges confronting this market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-nosql-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Enterprise Computing market research, please visit https://www.technavio.com/enterprise-computing
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TechNavio Announces the Publication of its Research Report – Global NoSQL Market 2012-2016
